Finance Minister woos investors at World Economic Forum
• Zambia is revising the business sustainability conditions for the energy sector.• Investors should collaborate with local entrepreneurs to mobilise the capital required for development
Category : Markets
ZEMA reviews 431 projects out of 805 under Environmental Impact Assessment in 2022
• Agency considered a total of 805 projects under Environmental Impact Assessment component for 2022• Out of 805 projects considered in the period under review,
Economist calls for more agriculture production to increase FOREX earnings
• Zambia is supposed to be a producing country.• Producing more for exports can enable the country have more foreign earnings to stabilize the Kwacha•
Small Scale farmers need machinery for packaging potatoes – Association
• Chikankata district in Southern Province has one of the best potatoes which are produced by small scale farmers.• The people need a bit of
December cost of living rises by K 415
• The rise in the basket is due to increased prices in food items such as 2 bags of 25kg roller Mealie Meal.• The basket
Kwacha rose sharply in December, 2022-Economist
• The Kwacha has not been doing well.• It has been climbing from last year December 2022.• The currency rose sharply from the beginning of
MAZ to investigate reported Mealie Meal shortage
• MAZ investigating reports of mealie meal shortage in Lusaka and some parts of the country.• Food Reserve Agency is offloading maize to the millers.•
Kwacha closes 2022 weaker trading at K18.26
• There has been consistency in terms of depreciation of the Kwacha in the past three months.• This is due to the dwindling of the
December inflation rises by 0.1 percent to 9.9%
• On average, prices of goods and services increased by 9.9 percent between December 2021 and December 2022.• This development was mainly attributed to movements
CUTS urges government to reduce domestic borrowing
• Domestic borrowing has crowded out local Small and Medium Enterprises.• This has also made access to finance more costly and less accessible.• Reining in