- December 30, 2022
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ALARMING KWACHA DEPRECIATION CONTINUES DESPITE $1.3 BILLION BoZ BOOST – KANG’OMBE
Merlyn Mwanza Kamfinsa member of parliament Christopher Kang’ombe says it’s alarming that despite the Bank of Zambia (BoZ) spending $1.3 billion to boost the Kwacha, the local currency has depreciated…
Read More- December 28, 2022
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UPWARD MINIMUM WAGE WILL SEE DOMESTIC, SHOP WORKERS LOSE JOBS … while mining companies are being given red carpet – Dodia
By Isaac Zulu Private Sector Development Association chairperson Yusuf Dodia has said that the recent upward adjustment of the minimum wage for domestic workers, shop assistants and general workers is…
Read More- December 22, 2022
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KWACHA DEPRECIATES 11.46% AGAINST US DOLLAR IN 2 MONTHS
By Merlyn Mwanza The Kwacha has continued its downward spiral against the United States Dollar, losing its value by approximately 11.46 percent in the last two months. On October 21,…
Read More- December 17, 2022
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WEAKENING KWACHA, SHILLING PUSH TAZARA TRAIN FARES UPWARDS
By Merlyn Mwanza TAZARA has adjusted passenger train services upwards due to the weakening Kwacha and the Tanzanian currency against the major convertible currencies. In a press release made available…
Read More- December 12, 2022
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ZIMBABWE TO IMPORT POWER FROM ZAMBIA … as Zesco starts effecting 6-hr daily load-shedding this week
By Merlyn Mwanza Zimbabwe plans to import 500MW of power from neighbouring Mozambique and Zambia, but crisis-hit South Africa is also competing for the same power to shore up its shortfall,…
Read More- December 12, 2022
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EUROPEAN RECESSION CONTRIBUTING TO KWACHA DEPRECIATION, SAYS DODIA
By Isaac Zulu Private Sector Development Association chairperson Yusuf Dodia has attributed the depreciation of the Kwacha against major convertible currencies to low foreign income from the mining sector arising…
Read More- December 7, 2022
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ALLOW THOSE WITH MANDATE TO LEAD, URGES MINING EXPERT
By Isaac Zulu Mining expert Victor Kalesha has said that the newly introduced royalty tax model at Kansanshi Mine should not be politicised. Kalesha, in an interview, commended government for…
Read More- November 29, 2022
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MOPANI, KCM NOW ON VERGE OF COLLAPSING, SAYS SINKAMBA
By Isaac Zulu Green Party leader Peter Sinkamba has said that both Mopani Copper Mines and Konkola Copper Mines are almost on the verge of collapsing. In an interview, Sinkamba…
Read More- November 22, 2022
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ZAMBIA WILL REAP REWARDS FROM VISA FEE REMOVAL, SAYS DODIA
By Isaac Zulu Private Sector Development Association chairperson Yusuf Dodia has said that the removal of visa fees from selected countries is a well thought out strategy by the UPND…
Read More- November 16, 2022
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WE ARE HIGHLY INDEBTED AND CAN’T DO EVERYTHING AT ONCE, SAYS MUSOKOTWANE
By Merlyn Mwanza Finance minister Dr Situmbeko Musokotwane says Zambia is a highly indebted country with limitless needs which cannot be fulfilled at once. Responding to a question in…
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