- March 3, 2023
- drz
NO RESPITE FOR FAST DEPRECIATING KWACHA
The instability in the local currency shows no signs of improving as the Kwacha is now depreciating everyday against the United States Dollar and other major convertible currencies. Having recently…
Read More- March 3, 2023
- drz
MUMBA WONDERS WHY UPND ADM IS FAILING TO MOBILISE HUGE RESOURCES TO TURN AROUND ECONOMY … but Musokotwane says they are correcting PF errors
By Merlyn Mwanza Kantanshi member of parliament (PF) Anthony Mumba has questioned Finance minister Dr Situmbeko Musokotwane why the UPND administration is failing to mobilise the abundant resources in the…
Read More- March 1, 2023
- drz
LUSAKA-NDOLA CARRIAGE WAY ALONE TELLS YOU RIDICULOUSNESS ABOUT PF’s TULEBWELELAPO NOISE – MILUPI
By Patson Chilemba Infrastructure minister Charles Milupi says the fact that the Lusaka-Ndola dual-carriage way has been procured at less than half the price quoted under the previous administration, should…
Read More- February 28, 2023
- drz
KWACHA HAS DEPRECIATED BY OVER 20% SINCE OCTOBER 2022
The local currency is now depreciating in ‘auto pilot’ fashion against the United States Dollar and other major convertible currencies. The Kwacha has shown no signs of improvement since it…
Read More- February 27, 2023
- drz
MOPANI MUST BE STATE RUN, URGES SINKAMBA
By Isaac Zulu Green Party leader Peter Sinkamba has opposed plans to put Mopani Copper Mines in the hands of private investors. In an interview, Sinkamba said that the last…
Read More- February 17, 2023
- drz
INCREASED MONITARY RATE WILL MAKE BORROWING MORE EXPENSIVE FOR ZAMBIANS – DODIA
By Isaac Zulu Private Sector Development Association chairperson Yusuf Dodia has the increase in repo rates by the Bank of Zambia will result in increased lending rates by commercial banks…
Read More- February 17, 2023
- drz
KWACHA NOW SPEEDING TOWARDS K20 PSYCHOLOGICAL BARRIER AGAINST US$1
By Merlyn Mwanza The Zambian Kwacha is racing speedily towards breaking the K20 psychological barrier to the United States Dollar, as well as showing weaknesses against other major convertible currencies.…
Read More- February 14, 2023
- drz
4 POLICE OFFICERS ARRESTED FOR STEALING PRECIOUS MINERALS
By Isaac Zulu Four Police Officers have been arrested in Kabwe for allegedly stealing precious minerals that they disguised as manganese when they were escorting the truck carrying the minerals.…
Read More- February 13, 2023
- drz
ZAMBIA REJECTS CHINA’S CALL FOR WORLD BANK TO JOIN DEBT RESTRUCTURING
Zambia’s finance minister has rejected a call by China for the World Bank and other multilateral lenders to join a restructuring of the country’s debt and warned that delays to…
Read More- February 12, 2023
- drz
ALLOW KCM, OTHERS BID FOR MINE OWNERSHIP – DODIA
By Isaac Zulu Private Sector Development Association chairperson Yusuf Dodia has urged government not to place a premium on would be investors in Mopani Copper Mines. In an interview, Dodia…
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