ZAMBEEF Plc has recorded losses of over US$20 million in the 2015 financial year owing to the kwacha’s rapid depreciation.…
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Zambia should stop depending on copper – Zimba
The Islamic Supreme Council of Zambia says it is high time that the country stops depending on mining and diversifies.…
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Kwacha still under pressure – Hamaundu
Financial Analyst Mambo Hamaundu says the kwacha might continue coming under pressure despite it showing some recovery in the past…
Read MoreKwacha makes big jump
AN assurance on Zambia’s economic direction by President Lungu, coupled with interventions by the central bank, has impacted positively on…
Read MoreKwacha posts further gains against the dollar..
THE Kwacha on Wednesday posted more gains against the US dollar as the currency pair received further support from improved…
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Sluggish world economy has affected the kwacha-Chinese Ambassador
CHINESE Ambassador to Zambia Yang Youming says the appreciation of the US dollar and the sluggish world economy has affected…
Read MorePrices to remain high, says expert
PRICES of essential commodities are likely to remain high despite the appreciation of the Kwacha against the US dollar, says…
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Copperbelt to get 10,000 new jobs
PRESIDENT Lungu yesterday announced a robust three-year recovery programme for Copperbelt aimed at mitigating the loss of employment by over…
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Nchanga ‘closed’, 1,675 jobs cut
Konkola Copper Mine’s Nchanga underground Mine has been placed under care and maintenance effective Friday. According to a joint statement…
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