Thursday, October 31, 2024

Economy

Over US$ 8 billion was lost in Illicit financial flows between 2010-2012 -BoZ

The Bank of Zambia has disclosed that the country between 2010 and 2012 recorded an estimated US$ 8.8 billion through illicit financial flows from...

Zambia Railways Limited Faces Dire Situation, Board Chair Seeks Support for Revitalization

In a candid assessment of the current state of Zambia Railways Limited (ZRL), the Board Chairperson, Emmanuel Hachipuka, expressed profound disappointment with the company's...

CEC raises $200m for mega solar project

By Benedict Tembo THE Copperbelt Energy Corporation (CEC) has raised US$200 million from the Green Bond for the development of solar energy generation investments...

Zambian Kwacha Optimism: Economist Forecasts Currency’s Rebound

In the face of recent economic challenges that have pushed the Zambian Kwacha to an all-time low, economist and financial analyst Noel Nkhoma remains...

Zambia Faced Economic Challenges in 2023, Showed Resilience in Trade Performance

In an analysis of Zambia's trade performance in 2023, Mr. Emmanuel Muma, the Centre for Trade Policy and Development (CTPD) Researcher for Trade and...

Inflation: What’s bad and worse about it, and how to prevent the ugly?

By Mussie Delelegn Arega (PhD) Part 1 As many economists have reminded us repeatedly, economics is not a natural or experimental science, despite what many...

Zambia Anticipates Economic Improvement in 2024 with Focus on Mining Sector

Finance Minister Situmbeko Musokotwane has announced the government's optimism regarding an economic upturn in 2024, driven by new investments in the mining sector in...

PMRC Forecasts Over 4% Economic Growth for Zambia in 2024

In a recent statement, the Policy Monitoring and Research Centre (PMRC) has forecasted a robust economic growth for Zambia, projecting a growth rate exceeding...