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BoZ money squeeze to hurt businesses

BoZ money squeeze to hurt businesses

…in an attempt to curb the escalating inflation, further driving upwards the borrowing rate from banks By BUUMBA CHIMBULU BUSINESSES…
Kwacha has suffered 4.6pc depreciation in 2024 – Dr Kalyalya

Kwacha has suffered 4.6pc depreciation in 2024 – Dr Kalyalya

THE Zambian Kwacha has so far this year depreciated by 4.6 percent as at February 13, 2024 driven by constrained…
Vedanta to take full control of KCM month-end, says Simujika 

Vedanta to take full control of KCM month-end, says Simujika 

By NATION REPORTER VEDANTA Resources is expected to take full control of Konkola Copper Mines (KCM) by the end of…
Emerald producers dissolve compromised executive committee

Emerald producers dissolve compromised executive committee

THE Emerald Production Watch of Zambia (EPWOZ) has dissolved its executive committee after investigations revealed that some executive members are…
Fight against corruption yielding results – Nkulukusa

Fight against corruption yielding results – Nkulukusa

SECRETARY to the Treasury Felix Nkulukusa says the Government has made huge strides in fighting corruption as evidenced by the…
Impose foreign Exchange control

Impose foreign Exchange control

MULTINATIONALS externalizing huge amounts of hard currency are behind the demand pressure depreciating the Zambian Kwacha, therefore the Bank of…
BoZ advised to impose exchange controls to slow Kwacha depreciation

BoZ advised to impose exchange controls to slow Kwacha depreciation

ECONOMIST Trevor Hambayi has urged the Central Bank to invest in short term measures such as imposing exchange controls in…
Government released K4.2 BN for debt servicing

Government released K4.2 BN for debt servicing

By BUUMBA CHIMBULU GOVERNMENT in its efforts to deal with its indebtedness, last month released K4.2 billion to service the…
Vedanta urged to surrender KCM minority stake TO gov’t

Vedanta urged to surrender KCM minority stake TO gov’t

VEDANTA Resources should consider selling its minority shares in Konkola Copper Mines (KCM) to the government instead of looking for…
Lufwanyama traditional leaders protest against Gemfields Investment

Lufwanyama traditional leaders protest against Gemfields Investment

six headmen and other local traditional leaders from Chief Nkana’s chiefdom in Lufwanyama have described Gemfields investments, the giant mining…
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