Thursday, October 31, 2024

Economy

Zambia’s Kwacha Emerges as Top African Currency against USD in 2024

Zambia's kwacha has emerged as the top-performing African currency against the U.S. dollar in 2024, surging by 13.8% to 22.8 against the greenback. This...

It an embarrassment for Zambia to be poor despite its mineral wealth – MUZ President

Mine Workers Union of Zambia (MUZ) President Joseph Chewe says it is embarrassing that Zambia has been classified as a poor country despite being...

Professor Clive Chirwa Presents Opposition to Sale of Mopani Shares

Professor Clive Chirwa, renowned engineer and academic, has submitted a detailed opposition to the proposed sale of Mopani Copper Mines PLC shares during the...

Limulunga Farmers Cry For Help

Farmers in Kaba Hill in Limulunga District of Western Province whose fields are badly hit by the dry spell have appealed to the government...

First Quantum’s Copper Mining Horror in Panama After Supreme Court Grants Protesters Request to Shutdown the Mine

https://www.youtube.com/watch?v=tbKxAekIn_g   Panama has been the scene of intense protests and violence sparked by widespread outrage against a Canadian mining company's operations in the country, as...

Kwacha Surges Against Major Currencies on Foreign Exchange Market

The Kwacha has staged an impressive rally on the foreign exchange market, reaching K23.46 after weeks of trading at levels exceeding K26 and K27....

Minister Warns of Impacts of Prolonged Dry Spell on Agriculture and Energy

Collins Nzovu, the Minister of Green Economy and Environment, has issued a stark warning regarding the prolonged dry spell currently affecting Zambia, highlighting its...

KCM Addresses Speculations on Forced Leave and Job Losses

Konkola Copper Mines (KCM) has addressed circulating rumors regarding the company's purported transition into a care and maintenance phase, which allegedly led to forced...