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Economy

IMF URGES ZAMBIA TO NAVIGATE WEAKER GLOBAL TRADE
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 by Cecilia Chiluba May 8, 2025
ZAMBIA SIGNS DEBT RESTRUCTURING AGREEMENT WITH EXIM INDIA
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…
Posted by Cecilia Chiluba May 8, 2025
STATE HAS FORFEITED OVER K1.2 BILLION WORTH OF TAINTED PROPERTIES, LIQUID ASSETS SINCE 2021-PS
Posted inCrime Economy

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 by Cecilia Chiluba May 7, 2025
KWACHA POSTS RAPID GAINS AS US DOLLAR WEAKENS 7.83% YEAR-TO-DATE
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…
Posted by Cecilia Chiluba May 7, 2025
ZAMBIA, ZIMBABWE CALL FOR ENHANCED COLLABORATION TO ENHANCE PRODUCT SAFETY
Posted inBusiness & Finance Economy Policy & Regulation

ZAMBIA, ZIMBABWE CALL FOR ENHANCED COLLABORATION TO ENHANCE PRODUCT SAFETY

By Cecilia Chiluba Zambia Compulsory Standards Agency (ZCSA) and Zimbabwe’s Department of Quality Assurance and Trade Measures have called for enhanced collaboration with each other to support trade between the…
Posted by Cecilia Chiluba May 7, 2025
ZAMBIA’S TAX IMPLEMENTATION MODELS MAY DISENFRANCHISE SME PARTICIPATION IN DOMESTIC ECONOMY -ECONOMIST
Posted inEconomy Tax

ZAMBIA’S TAX IMPLEMENTATION MODELS MAY DISENFRANCHISE SME PARTICIPATION IN DOMESTIC ECONOMY -ECONOMIST

By Cecilia Chiluba An Economist has observed that the current tax implementation models such as the Smart Invoice have potential to disenfranchise participation of Small and Medium Enterprises (SMEs) in…
Posted by Cecilia Chiluba May 6, 2025
ERB APPROVES 62 LICENSES,8 CONSTRUCTION PERMITS WORTH K11 BILLION
Posted inBusiness & Finance Economy

ERB APPROVES 62 LICENSES,8 CONSTRUCTION PERMITS WORTH K11 BILLION

By Cecilia Chiluba Energy Regulation Board (ERB) has approved 62 licenses and eight construction permits in the petroleum, electricity, and renewable energy sub-sectors with an investment pledge of K11 billion,…
Posted by Cecilia Chiluba May 6, 2025
IMF SUPPORT HAS TRANSFORMED ZAMBIA’S ECONOMY TO POSITIVE UPWARD TRAJECTORY- MUSOKOTWANE
Posted inBusiness & Finance Economy

IMF SUPPORT HAS TRANSFORMED ZAMBIA’S ECONOMY TO POSITIVE UPWARD TRAJECTORY- MUSOKOTWANE

By Cecilia Chiluba Finance and National Planning Minister says the International Monetary Fund (IMF)'s support through the Enhanced Credit Facility (ECF) Programme has transformed the economy from the debt-induced deterioration…
Posted by Cecilia Chiluba May 5, 2025
REVENUE LEAKAGE, NARROW TAX BASES HAVE HINDERED DEVELOPMENT-ZRA
Posted inEconomy Policy & Regulation Tax

REVENUE LEAKAGE, NARROW TAX BASES HAVE HINDERED DEVELOPMENT-ZRA

By Cecilia Chiluba Zambia Revenue Authority (ZRA) says revenue leakage and narrow tax bases have hindered development despite abundant mineral resources. Authority Commissioner General Dingani Banda said it is in…
Posted by Cecilia Chiluba May 5, 2025
PERSISTENT GLOBAL TRADE WAR COULD HEIGHTEN EXCHANGE RATE VOLATILITY- BOZ REPORT
Posted inBusiness & Finance Economy Markets & Stocks

PERSISTENT GLOBAL TRADE WAR COULD HEIGHTEN EXCHANGE RATE VOLATILITY- BOZ REPORT

By Cecilia Chiluba Bank of Zambia’s latest Financial Stability Report has revealed that volatility in the exchange rate could heighten in the near-term, if the global trade war escalates following…
Posted by Cecilia Chiluba May 5, 2025

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