Kwacha Not Likely to Reaach K15 Mark
An Investment Advisor says the Kwacha is not likely to trade around K15 or K20 against the United States Dollar but may level off somewhere around K25. The US Dollar…
Posted inEconomy
Economist Highlights President Lungu’s Economic Legacy
Economist Kelvin Chisanga has described former President Edgar Lungu’s economic legacy as a period of ambitious development and mixed outcomes, highlighting both progress and enduring challenges. Mr. Chisanga said President…
Posted inBusiness & Finance Economy
BuyZed Backs Govt’s Projection of Debt-Free Status by 2028
BuyZed Campaign says government’s ambitious plan to achieve debt-free status by 2028 is a testament to its commitment to fiscal responsibility and sustainable development. According to Ministry of Finance and…
Kwacha Maintains Positive Trajectory
Zambia’s currency, the Kwacha, has demonstrated resilience against the US Dollar, maintaining a positive trajectory with a bias towards appreciation throughout the past week. The Kwacha closed the week ending Friday 6th…
Posted inBusiness & Finance Economy
BuyZed Hails 24-Hour Economy Initiative for Financial Sector
BuyZed campaign has hailed government for introducing the 24-hour economy initiative, starting with the financial services sector. The goal of this initiative is to enable 24/7 financial transactions and other…
Posted inAgriculture Economy
TOBACCO OUTPUT PROJECTED TO DOUBLE IN 2025, AS GOVERNMENT ROLLS OUT SECTOR REFORMS
By Amos Sikaonga Minister of Agriculture has announced that Zambia’s tobacco production is projected to reach 80 million kilograms in 2025, a significant increase from the 44 million kilograms recorded…
Posted inBusiness & Finance Economy
IMF URGES ZAMBIA TO NAVIGATE WEAKER GLOBAL TRADE
By Cecilia Chiluba International Monetary Fund (IMF) Deputy Managing Director has urged Zambia to navigate weaker global trade, elevated uncertainty, and declining external assistance. Nigel Clarke who visited Zambia from…
Posted inBusiness & Finance Economy
ZAMBIA SIGNS DEBT RESTRUCTURING AGREEMENT WITH EXIM INDIA
By Cecilia Chiluba Zambian Government and ZESCO Limited have signed a debt restructuring agreement with the Export-Import Bank of India (EXIM INDIA), as part of a broader deal to address…
STATE HAS FORFEITED OVER K1.2 BILLION WORTH OF TAINTED PROPERTIES, LIQUID ASSETS SINCE 2021-PS
By Cecilia Chiluba Government says over K1.2 billion worth of tainted properties and liquid assets have been forfeited to the state since the current administration took the reigns of power…
Posted inBusiness & Finance Economy Markets & Stocks
KWACHA POSTS RAPID GAINS AS US DOLLAR WEAKENS 7.83% YEAR-TO-DATE
By Cecilia Chiluba Zambian Kwacha has been on a consistent upward trend in the last seven days, appreciating against the US dollar. This is one of the strongest runs the…