Government develops Interim Guidelines on Carbon Market
• Guidelines will enable Zambia manage approval, implementation, and regulation of carbon projects.• Transactions on the carbon market are intended to meet commitments under climate
Category : Markets
Cotton Board attributes low cotton yields to climate change, price
• It is probably the type of seed used and also the chemicals that farmers are applying.• The other reason is price, because the price
Kwacha expected to appreciate by January 2023
• The performance of the Kwacha has not been very good.• Zambian Kwacha is losing value against major currencies.• This may stop by January and
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
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