Kwacha makes big jump
AN assurance on Zambia’s economic direction by President Lungu, coupled with interventions by the central bank, has impacted positively on the Kwacha, resulting in...
Kwacha 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 supply on the market...
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 many currencies in the...
Prices 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 financial analyst Maambo Hamaundu.
Mr...
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 3,000 miners and creating...
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 by KCM management and the...
Inflation rises to 19.5 %
Zambia’s annual inflation rate for November has risen to 19.5 percent from 14.3 percent recorded in October.
Central Statistical Office -CSO- Acting Director Goodson Sinyenga...
World Bank projects below 4% 2016 economic growth, as inflation soars to 19.5%
The World Bank has projected Zambia’s economic growth to fall below 4 percent in 2016 as a result of domestic and international pressures.
Speaking during...
Glencore’s Zambia copper mining unit lays off 4 300 workers
Glencore's Zambian unit has laid off 4 300 workers, union and company sources said on Tuesday, as the mining and trading company deepens cuts...
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