Focus on areas that contribute to economic growth, VEEP urges COMESA
• Prioritization should also be based on value addition.• Industrial development remains at the heart of COMESA’s integration agenda.• COMESA has in place a regional
Category : Markets
Fuel price hike was expected – Economist
• Two variables that are key in determining the pump price of fuel are the exchange range and oil prices on the international market.• International
OMC projects increase in December fuel prices
• Zambia’s fuel pricing is based on month minus one.• November 2022 pricing is slightly higher than October pricing by about US$15.• The Kwacha has
Timber traders will be disadvantaged if ZAFFICO revises prices upwards – TPAZ
• It is not possible for ZAFFICO to reduce the prices because the institution needs money to survive.• ZAFFICO is experiencing volume gap, it last
BoZ purchases 1, 400 kilograms of Gold at US$82.8 million
• BoZ has continued to purchase Gold from the market.• It is currently buying gold from major mining companies.• The Bank has now purchased 1,
CCPC cautions consumers on Black Friday promotions
• The sale will take place on 25th November, 2022.• Some businesses may use fake or misleading sales promotions to create an illusion of a
Pension uptake in Zambia remains low – PIA
• Pension uptake in the country remains very low.• The sector currently contributes around 5 percent to GDP.• Service providers must play a critical role
Standard Chartered Bank pledges its commitment to continue investing in Zambia
• Standchart pledges its commitment to continue investing in various sectors to support and drive economic growth.• Despite recent global volatility, Zambia has been fortunate
HATTAZ calls for improved cotton yields to increase industry opportunities
• Increasing cotton yields will create more opportunities in the cotton value chain.• Development of the cotton value chain has potential to create additional employment.•
Every Province will have Expos – HH
• This is the way the country will run going forward.• Expos in all the provinces.• God gave Zambia a lot of resources that can