Friday, November 15, 2024

Economy

PF on the right economic footing, no major shift in policy after change of Government-Prof Saasa

PROMINENT economist Oliver Saasa has said the Patriotic Front (PF) is on the right economic footing as evidenced by the increase in...

Standards & Poor affirms Zambia’s B+ rating and keeps economic outlook at stable

Ratings agency Standard & Poor's on Friday maintained Zambia's B+ rating, saying that recent policy changes overall support economic growth. The agency also kept...

Bank of Zambia sets benchmark interest rate at 9%

Bank of Zambia yesterday rolled out a monetary policy framework to replace money-supply targeting, setting the inaugural benchmark interest rate at 9 percent, which...

Inflation up to 6.4%

Reuters reports that Zambia's inflation quickened year-on-year in March, pushed up by higher food prices, while the economy grew slightly more in 2011 than...

President Michael Sata concludes his investment promotion engagements in India

President Michael Sata has today concluded his investment promotion engagements in India.This is according to a press statement made available to the media by...

ZCCM-IH makes $55m payment to State

ZCCM-Investments Holding Plc (ZCCM-IH) has made a part payment of US$55 million towards the pre- privatisation loans owed to Government. The group has also...

President Sata invites MOHAN EXPORTS to setup a Tractor Assembly plant in Zambia

Zambia's President Michael Sata today held an investment meeting with Business Executives from MOHAN EXPORTS, an internationally renowned agricultural-equipment manufacturer that is prepared to...

Zambia copper investment tops US$5b

Investment in copper mining in Zambia has generated US$5 billion in the past decade, according to the general manager of the country’s Chamber of...