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Barclays Africa addresses the role of the financial sector in addressing power and energy...
Barclays Africa will play a key role in driving discussions around energy, climate change and the financial inclusion of women at the African Development...
Inflation to drop to 8.7%
The Bank of Zambia has projected that inflation will drop to 8.7 percent before the end of the year.
He attributed the projected decline in...
Kwacha depreciation will persist – Hamaundu
THE kwacha’s continued depreciation shows the economy is still grappling with low productivity which will see the local currency’s value fall further, financial market...
BoZ maintains benchmark lending rate at 15.5%
Boz boss KalyalyaThe Bank of Zambia has maintained the benchmark lending rate at 15.5 percent.
Bank of Zambia Governor Denny Kalyalya has told a media...
Kwacha hits K10 per dollar
THE kwacha has again broken the K10 psychological barrier as demand for the US dollars continues to outweigh supply, according to financial market players.
A...
Zambia Faces Financing Challenge as Deficit Grows, IMF Says
Zambia faces a “key challenge” funding the growing budget deficit confronting Africa’s second-largest copper producer, the International Monetary Fund said.
While the 2016 budget shortfall...
Kwacha signals recovery as copper price slumps
THE Kwacha is this week expected to be stable against the United States (US) dollar as corporates convert to meet mid-month tax obligations after...
Kwacha slides to K9.70
THE kwacha’s depreciation against major currencies has continued as demand for US dollars on the local market continues to outweigh supply, according to financial...
Inflation drops to 21.8%
ZAMBIA’S inflation rate marginally dropped to 21.8 per cent in April from 22.2 per cent last month, mainly driven by a decrease in prices...
