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Kwacha Rebased fluctuation due to high demand of forex- Analyst
The continued fluctuation of the Kwacha against major convertible currencies is been influenced by the high demand for supply of forex, a Financial Analyst...
Economist warns of inflation rise after Kwacha re-basing
A Lusaka based economist Andrew Sinyange of Consumer Unit Trust has warned that if authorities do not adequately deal with negative effects of re-basing...
Govt. reaffirms its commitment to reduce poverty
Government has affirmed its commitment to diversify the economy in order to reduce poverty and protect the environment.
And African Development Bank (AFDB) Resident Representative...
FQM to open Nickel project in North-western province
First Quantum Minerals (FQM) Limited has advanced plans to develop Enterprise Nickel Project at a cost of US$275 million in North-western province.
The project is...
Poor tax collection leave African countries poor
Norwegian Minister for Development Corporation Heikki Holmaas has said many African countries are poor because they are not getting a fair share of revenue...
Zambia says Tanzania ‘cheating’ on commuter train project
Zambians are opposed to the Dar es Salaam city commuter train that runs on their joint Tazara tracks, saying they were not properly consulted...
Commercial Banks lending up 18.5%
COMMERCIAL banks lending has increased to K14,063 billion as at October 2012 from K11,868 billion in January this year representing 18.5 per cent growth...
Government gets US$50 million loan from ADB
The Zambian government and the African Development Bank (ADB) have signed a US$50 million loan which will be used to support the Itezhi-Tezhi hydro...
500 firms face deregistration
By JUDITH HARA -
MORE than 500 companies out of 725, which were threatened with deregistration for failure to file annual returns still face deregistration...
