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Economy

ZAMBIA, OTHER COMESA STATES SET TO RECORD LOW TRADE VOLUMES DUE TO NEW US TARIFFS
Posted inBusiness & Finance Economy

ZAMBIA, OTHER COMESA STATES SET TO RECORD LOW TRADE VOLUMES DUE TO NEW US TARIFFS

By Cecilia Chiluba Common Market for Eastern and Southern Africa (COMESA) Secretariat says eight of its Member Countries are set to record significant reductions in trade volumes in 2025 due…
Posted by Cecilia Chiluba April 25, 2025
ANNUAL INFLATION REMAINS UNCHANGED AT 16.5%
Posted inBusiness & Finance Economy

ANNUAL INFLATION REMAINS UNCHANGED AT 16.5%

By Cecilia Chiluba Zambia's annual inflation rate for April 2025 has remained unchanged at 16.5%, according to latest data from the Zambia Statistics Agency (ZamStats).  This is consistent with the previous…
Posted by Cecilia Chiluba April 25, 2025
GOVT HIGHLIGHTS ENERGY SECTOR PROGRESS
Posted inEconomy News Technology & Innovation

GOVT HIGHLIGHTS ENERGY SECTOR PROGRESS

By Cecilia Chiluba Government says Zambia is making progress in the energy sector by increasing its installed electricity generation capacity through solar power. Information and Media Permanent Secretary Thabo Kawana…
Posted by Cecilia Chiluba April 25, 2025
ZAMBIA FACES COORDINATION CHALLENGS ON NON-BONDED COMMERCIAL CREDITORS
Posted inBusiness & Finance Economy

ZAMBIA FACES COORDINATION CHALLENGS ON NON-BONDED COMMERCIAL CREDITORS

By Cecilia Chiluba Finance and National Planning Minister has attributed the lengthy debt negotiation processes to significant challenges in coordinating non-bonded commercial creditors. So far, Zambia has signed bilateral agreements…
Posted by Cecilia Chiluba April 25, 2025
ZICA CALLS FOR CONTINUED IMPLEMENTATION OF PRUDENT FISCAL MEASURES
Posted inBusiness & Finance Economy

ZICA CALLS FOR CONTINUED IMPLEMENTATION OF PRUDENT FISCAL MEASURES

By Cecilia Chiluba Zambia Institute of Chartered Accountants (ZICA) says the country’s targeted budget deficit of 3.1% of Gross Domestic Product (GDP), reflects a positive shift toward fiscal discipline, bolstered by the…
Posted by Cecilia Chiluba April 23, 2025
BANK OF CHINA PLEDGES TO SUPPORT INITIATIVES THAT DRIVE ZAMBIA’S ECONOMIC GROWTH
Posted inBusiness & Finance Economy

BANK OF CHINA PLEDGES TO SUPPORT INITIATIVES THAT DRIVE ZAMBIA’S ECONOMIC GROWTH

By Amos Sikaonga Bank of China has reaffirmed its commitment to supporting initiatives that drive Zambia’s economic growth, for the mutual benefit of both countries. Bank Managing Director, Li Xuewen,…
Posted by Cecilia Chiluba April 23, 2025
KWACHA EXPECTED TO SEE STEADY APPRECIATION OF BELOW K28 OVER MEDIUM TERM
Posted inBusiness & Finance Economy

KWACHA EXPECTED TO SEE STEADY APPRECIATION OF BELOW K28 OVER MEDIUM TERM

By Cecilia Chiluba An Economist says the Kwacha may see a steady appreciation of below K28 over the medium term. The US Dollar is currently buying at Twenty-Eight Kwacha Forty…
Posted by Cecilia Chiluba April 23, 2025
ZAMBIA HAS RECORDED POSITIVE ECONOMIC PERFORMANCE OWING TO AGRIC, MINING SECTORS -ECONOMIST
Posted inAgriculture Economy Featured

ZAMBIA HAS RECORDED POSITIVE ECONOMIC PERFORMANCE OWING TO AGRIC, MINING SECTORS -ECONOMIST

An Economist has observed that agriculture and mining sectors have helped the country to record some positive performance so far this year. Speaking in an interview with Money News, Kelvin…
Posted by Joseph Tembo April 1, 2025
KWACHA’S MONTHLY AVERAGE EXCHANGE RATE DEPRECIATED BY 4.18% IN Q1 OF 2025-ANALYST
Posted inEconomy Featured Markets & Stocks

KWACHA’S MONTHLY AVERAGE EXCHANGE RATE DEPRECIATED BY 4.18% IN Q1 OF 2025-ANALYST

An Investment Markets Analyst and Financial Advisor says the Kwacha’s monthly average exchange rate depreciated by 4.18%, throughout quarter one of 2025. Munyumba Mutwale told Money News in an interview…
Posted by Joseph Tembo April 1, 2025
BUYZED CAMPAIGN CALLS FOR IMPLEMENTATION OF TAX CUTS
Posted inEconomy Tax

BUYZED CAMPAIGN CALLS FOR IMPLEMENTATION OF TAX CUTS

BuyZed Campaign has urged Government to consider implementing tax cuts that benefit local businesses and households. Organization Founder Evans Ngoma told Money News that strategic tax cuts can play a…
Posted by Joseph Tembo March 31, 2025

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