Business & Finance – Page 9

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…

Cecilia Chiluba April 25, 2025

Business & 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…

Cecilia Chiluba April 25, 2025

Business & Finance Technology & Innovation

GOVT ACKNOWLEDGES ZAMBIA’S PROGRESS IN CLIMATE POLICIES

By Cecilia Chiluba Ministry of Green Economy has acknowledged Zambia's progress in climate policies, such as the Green Economy and Climate Change Act of 2024 and the National Adaptation Plan.…

Cecilia Chiluba April 25, 2025

Business & 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…

Cecilia Chiluba April 23, 2025

Business & Finance International News

OIL UP OVER 1% ON IRAN SANCTIONS, LOWER US CRUDE STOCKS

By Reuters Oil prices climbed more than 1% on Wednesday, as investors weighed a fresh round of U.S. sanctions on Iran, a drop in U.S. crude stocks and a softer…

Cecilia Chiluba April 23, 2025

Business & 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,…

Cecilia Chiluba April 23, 2025

Business & Finance International News

TRUMP HINTS AT SOFTENING CHINA TARIFFS AND SAYS NO PLAN TO SACK FED BOSS

By BBC United States (US) President Donald Trump has appeared to soften his recent comments on China and the head of the US Federal Reserve after recent clashes as he…

Cecilia Chiluba April 23, 2025

Business & 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…

Cecilia Chiluba April 23, 2025

Business & Finance

ZACA, CRAZ CALL FOR ACTION AGAINST ONLINE TAXI DRIVERS DEMANDING EXORBITANT FARES

By Cecilia Chiluba Zambia Consumer Association (ZACA) and Commuter Rights Association of Zambia (CRA) have called for immediate action against overcharging by drivers working for a named online taxi company.…

Cecilia Chiluba April 23, 2025

Business & Finance Entrepreneurship & Startups

LUANSHYA MAYOR IMPLORES LAW MAKERS TO EXPEDITE REVIEW OF CDF PROJECT FINANCING REGULATION

By Cecilia Chiluba Luanshya Mayor has implored Members of Parliament to expedite the process of reviewing Constituency Development Fund (CDF) project financing regulation. Speaking during the handover of K2.4 million…

Cecilia Chiluba April 23, 2025