Saturday, January 18, 2025

Economy

Vendors in Kitwe and Mufulira received the bulk of 2011 Mopani mines contracts

MOPANI Copper Mines spent US$844 million on suppliers in 2011 and the bulk of the contracts went to local vendors in Kitwe and Mufulira...

Transparency in Zambia’s mining sector improves

Mining has for many years single handedly driven the Zambian economy with copper being the protagonist among the several metals in the country. Up until...

Government hopes to strengthen Kwacha to 1964 levels-Sichinga

GOVERNMENT says it will proceed with plans to rebase the local currency to strengthen the value to 1964 levels despite calls by some quarters...

Number of foreigners lending money to Government now lowest since 2005

Reuters report that foreign holdings of Zambian debt have fallen to their lowest since 2005, reflecting uncertainty over the direction of policy following elections...

15 firms keen on $700m Eurobond

FIFTEEN potential book runners and five legal advisors have expressed interest in Zambia’s debut Eurobond of as much as US$700 million. The Zambia Public...

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...