Category: Business

EAZ predicts Kwacha stability until October 

By Staff Reporter Economics Association of Zambia (EAZ) president Dr Lubinda Habazoka has projected continued stability of the local currency until October when the country is scheduled

K136 m released for road projects arrears

By Staff Reporter Government has released K136 million for the dismantling of road projects arrears and other related activities. Finance Minister Margaret Mwanakatwe said the disbursing agency,

Sugar project in Western Province to get funding

By Staff Reporter A Zambian company, Programme Against Discrimination in Communities (PADIC) and Rosenthall Group (TRG) of the USA have signed a 150 million Euro agreement for

Increased debt servicing impacting national budget adversely – Mwanakatwe

By Staff Reporter   FINANCE Minister Margaret Mwanakatwe says increased debt service payments are having an adverse impact on the budget and there was a need to

Mwanakatwe directs govt accountants to register with ZICA

By Staff Reporter FINANCE Minister, Margaret Mwanakatwe, has directed the Accountant General to ensure that all accountants in government are registered with a regulatory body. Mwanakatwe said

BOZ hikes MPR to manage rising inflationary pressures

By Staff Reporter The Bank of Zambia (BOZ) has hiked the Monetary Policy Rate (MPR) in a bid to contain the rising inflationary pressures, which look to

Zambia will not introduce exchange controls, assures Mwanakatwe

By Staff Reporter FINANCE minister Margaret Mwanakatwe says government will not re-introduce exchange controls following the continue depreciation of the local currency.   In a press statement,