IDC responds to concerns on operationalization of Fruit Processing Plants
• The process will start with bulk juice and tomato concentrates production.• It will later move to retail products such as juices, jams, pickles, tomato
Tag : Business
Bank of Zambia raises its benchmark lending rate to 10%
• The bank has cited rising food inflation and the need to contain inflation expectations.• Inflation moved away from the current and projected target range
Economist urges government to prioritize manufacturing sector
• This is to ensure that Zambians appreciate benefits of the successful debt restructuring deal in the medium-term.• Results of the restructured debt cannot be
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
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
Government to start negotiations on debt restructuring
• Government will soon start the process of negotiating with its private creditors on debt restructuring.• What government has currently agreed upon, are principles of
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
Insurance can contribute more than 3 percent to GDP – Economist
• The insurance sector has been growing by a double digit in the last 5 years.• It is expected to continue to grow by between
Rapid Kwacha gains to negatively affect exports – Economist
• If the currency starts moving up and down in a very sharp way, it will affect one’s ability to do business.• It creates uncertainty