Business

Zambia records K181.5m trade surplus

BUUMBA CHIMBULU writes ZAMBIA recorded a trade surplus valued at K181.5 million in March 2020, a shift from a trade deficit of K119.5...

Dollar drops on positive Covid-19 outlook

BUUMBA CHIMBULU writes THE dollar fell on Wednesday as stocks surged following encouraging updates on a potential treatment for the...

INFLATION SHOOTS TO 15.7%

BUUMBA CHIMBULU writes AS the Kwacha continues to depreciate, the annual inflation rate for April 2020 has shot up to 15.7 percent...

New Tax measures already in place

FOLLOWING the assurance made by His Excellency the President, Dr Edgar Chagwa Lungu, during his last address to the nation on Friday...

KWACHA STABLE FOR NOW

BUUMBA CHIMBULU writes SUPPLY pushed through from the mining sector generally stabilised the current demand and put the market into...

ZCCM Gold injects K45m in Kasenseli project

By NATION REPORTERZCCM Gold Company has injected K45 million for the initial phase of the Kasenseli Gold Mine Project in Mwinilunga...

POOR FOOD INSECURE URBANITES NEED COVID-19 RELIEF

BUUMBA CHIMBULU writes THE Centre for Trade Policy and Development (CTPD) has called on Government to consider the vulnerable, poor...

Glencore rescinds its Mopani copper mine decision

By NATION REPORTERGLENCORE will reverse its earlier decision to shut its Zambia subsidiary Mopani Copper Mines if it reaches an agreement...

REVEALED: Zambia’s most caring banks

BUUMBA CHIMBULU writes ZAMBIA’S most friendly commercial banks have made sure that their customers are helped to survive through the...

COVID-19 ‘Freezes’110 GLASS JOBS

KETRA KALUNGA writes THE multi-million dollar Kapiri Engle Glass factory which began its full operations last month has sent home...

ZANACO CUSTOMERS GET RELIEF PACKAGE

BUUMBA CHIMBULU writes ZANACO has launched financial package reliefs which seek to ensure that its customers’ cash flows are cushioned...

MONTH-END DEMAND TO BUOY KWACHA

BUUMBA CHIMBULU writes THE financial market expects money supply to pick up as companies prepare for month end obligation which should...

Local direct investment needs boost- ZDA

BUUMBA CHIMBULU writes THE Zambia Development Agency (ZDA) new board has pledged to focus much energy on local direct investment while...

CEEC eyes K10 billion BoZ financing

By TROY MUKUPATHE Citizens Economic Empowerment Commission (CEEC) will soon submit a proposal to the Bank of Zambia (BoZ) for funding,...

Northmead shop owners feel dollar pinch

LINDA SOKO TEMBO writes THE Lusaka’s Corner Mall in Northmead area have complained over the continued depreciation of the Kwacha which...