END OF EXCHANGE OF OLD ZMK BANKNOTES – 31st DECEMBER 2015
The Bank of Zambia wishes to inform members of the public that the exchange of the old currency for the rebased currency at Bank...
Appreciation of the Kwacha good for the economy-CAPiZ
THE appreciation of the Kwacha against the major currencies has sent hope and a sign of balancing the economy in Zambia, says the Christians...
Mealie-meal prices in Lusaka hit K92
RETAIL prices for mealie-meal in Lusaka have hit K92 per 25 kilogramme bag of breakfast meal despite combined efforts by the government and millers...
Slash prices
FOLLOWING the Kwacha appreciation, Micmar, a hardware retailer, has urged traders to pass on benefits to customers on imported products by reducing prices.
Micmar director...
Kwacha maintains K10-levels
THE Kwacha has continued to trade within the K10-levels although reduced United States dollar supply is likely to weigh down the local unit, a...
Dollarisation
IT IS very clear that some of our business players are up to no good. Their motive seems to rest in maximising profits by...
Zambeef loses $20m due to depreciating kwacha
ZAMBEEF Plc has recorded losses of over US$20 million in the 2015 financial year owing to the kwacha’s rapid depreciation.
According to Zambeef’s statement of...
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.
Supreme Council President Suzyo Zimba...
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 few days.
Mr. Hamaundu notes...
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