Business

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By IRVIN MUYUMBWA SOME political stakeholders have said the World Bank’s decision to reclassify Zambia as a low income country is shameful and a reminder for Government to review its economic policies. Patriots for Economic Progress President Sean Tembo said Zambia’s reclassification to low income status from lower middle income shows that the government’s interventions […]

Government should speed up the cultivation of cannabis to address the high employment levels in the country, the Zambian Hemp Growers and Industries Association (ZamHemp) has said.

Demand for personal loans is expected to remain high during the second quarter of this year in view of the need by households to supplement incomes in the wake of the high cost of living. 

The authorities in Malawi have announced a 25% devaluation of the local currency, the kwacha, starting on Friday.

The world’s two largest economies were the heaviest borrowers in the first three months of this year as global debt climbed to above $305 trillion, the Institute of International Finance (IIF) reported on Wednesday.

An Energy expert has called on the government to build more oil reserves which will enable the country to have adequate stocks that will last for longer period of time.

Government has not given back Konkola Copper Mines (KCM) to Vedanta Resources, President Hakainde Hichilema  has clarified.

Archbishop Banda said the government should always realise that it has a responsibility to cushion the current high cost of living among citizens that has been influenced by the increase in the price of fuel.

By ELVIS MILAMBO No imports of onions will be allowed in Zambia in order to protect local farmers whose produce is going to waste due to spoilage which increasing post-harvest losses in the country, President Hakainde Hichilema has said. Speaking at the official opening of the Agritech Expo in Chisamba, Mr. Hichilema said agriculture is at […]

Zambia’s foreign and domestic debt had reached $31 billion as at December 2021, Finance and National Planning Minister Situmboko Musokotwane disclosed yesterday.


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