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Atlas Mara is trying to acquire Barclays Africa
Atlas Mara, an investment vehicle founded by ex-Barclays boss Bob Diamond, has confirmed that it is exploring a bid for Barclays’ stake in its...
Zambians should own Banks, foreign banks take money out of Zambia – Chikwanda
GOVERNMENT has urged business firms to re-invest their earnings locally in order to improve economic activity.
Finance Minister Alexander Chikwanda said re-investing locally limited the...
Kwacha holds despite pressure
The Kwacha has held on to trading within a single digit on the interbank market despite being pressured by increased dollar demand.
The Kwacha whose...
Kwacha gain not reciprocated
Zambia Republican Party President Wright Musoma has urged business houses to reduce the prices of commodities following the appreciation of the kwacha.
Mr. Musoma says...
Government in K1.25bn deficit
GOVERNMENT last month recorded a deficit of over K1 billion, money meant for financing developmental projects, among other commitments.
Ministry of Finance public relations officer...
Avoid artificial kwacha appreciation – Saasa By Chambwa
THE only way you sustain a very stable kwacha in a less artificial way is to expand productivity where you are earning dollars, says...
Kwacha maintains upward run
THE Kwacha has maintained its upward trend on Monday, posting a five ngwee gain amid copper price falling to its lowest of US$4,778.50 a...
‘Inflation to dip further’
The National Economic Advisory Council-NEAC- has projected a further decline in the national inflation rate towards the end of the financial year.
NEAC Principal Policy...
Kwacha gains
The Kwacha has posted gains against the U.S dollar after trading flat on the local market at the beginning of March.
The currency which traded...
