Economy
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...
Economy
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...
Economy
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...
Economy
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...
Economy
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...
Economy
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...
Economy
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...
Economy
Bank of Zambia to introduce interest rate Benchmark in April
The Bank of Zambia has announced that it would introduce a benchmark interest rate called the Bank of Zambia Policy Rate from the beginning...