French solar street lighting firm expresses interest to invest in Zambia
• The project will involve the provision of solar-powered, autonomous, intelligent, and connected public lighting.• This will address the major public policy issues of access
Category : Markets
Mine Suppliers call on government to declare Sugilite, gold as strategic reserves
• Declaring certain minerals as strategic reserves will mean that they cannot be sold anyhow.• Government will be having some strategic reserves from the exchange
Zambia’s insurance sector grew by 13% in 2022-IAZ
• The 2022 performance of the insurance sector is cause for optimism.• The sector recorded both a growth in premiums, as well as an increase
Kwacha depreciation persists due to high FX demand
• Debt restructuring deal has come with optimism regarding the future of the economy in terms of its performance.• This has resulted in high demand
Zambia saw less investment flows in first half – Economist
• The country did not record much investment flows because of the uncertainty of the debt restructuring deal.• Most investors were shifting their investments away
China’s export controls on Gallium, germanium will not affect Africa- Analyst
• Africa is more of a net exporter to China than an importer of the raw materials.• Most of the raw materials that China is
MAZ attributes mealie meal price adjustment to high maize demand
• The inflow of maize is very slow.• FRA, traders, and millers are all competing to buy the same maize on the open market.• Price
New Pensions Act to cover informal sector
• The current piece of legislation only covers people in formal employment.• People who are not employed are not covered.• The new law will put
Private sector can engage in PPPs to support clean cooking methods – Expert
• Promotion of clean cooking methods is a critical step towards reducing deforestation.• Deforestation is a critical issue in Zambia, leading to significant environmental degradation
Sale of used underwear still thriving despite ban
• Zambian Standard 559 was declared compulsory by Statutory Instrument No. 120 of 2006.• It does not allow the importation and sale of used textile