OUR dear Kwacha has received a lot of bashing in the last few months and this week posted its record-low exchange rate against the United States dollar. On Monday it hit a record-low of K6.10...
Read MoreBy JAMES KUNDA- STANBIC Bank Zambia has said the current depreciation of the Kwacha could trigger an increase in lending interest rates, which will in turn slow down the growth of the domestic economy. And...
Read MoreBy JUDITH NAMUTOWE- THE current depreciation of the Kwacha can only be addressed by increasing productivity, cutting down on the excessive dependence on imports and increasing the country’s non-traditional exports (NTEs). According to Economics Association...
Read MoreBy KENNEDY MUPESENI- The African Renewable Energy Fund (AREF) has committed US $100 million capital to support small-to medium-scale independent power producers (IPP)s in the Sub-Sahara Africa. The move is a major boost for Sub-Sharan...
Read MoreBy JUDITH NAMUTOWE- KAWAMBWA District Commissioner Ivo Mpasa has urged local and foreign investors to consider setting up milling plants in the district. Mr Mpasa said in an interview from Kawambwa that there was need...
Read MoreBy JAMES KUNDA- The Jesuit Centre for Theological Reflection (JCTR) has said the gradual depreciation of the Kwacha against other major convertible currencies such as the United States Dollar, should be addressed from a comprehensive...
Read MoreBy MAIMBOLWA MULIKELELA- A rise in copper export income has pushed Zambia’s metal export earnings to US$7,086.6 billion from $6.511 billion posted in 2012. The merchandise imports bill also increased to $9,234.8 billion. The metal...
Read MoreBy JAMES KUNDA- ZAMBIA’S maize harvest for the 2013/14 season is expected to hit three million tonnes, a significant increase from last year’s figures of 2.5 million tonnes. According to a preliminary crop survey which...
Read MorePICK n Pay in Ndola, has done a commendable job to package most of their grocery products on display in different quantities. This has obviously made it easier for the customer to buy certain products...
Read MoreBy JUDITH NAMUTOWE- ROLAND Imperial Tobacco Company (RITCO) Limited is set to invest in the Lusaka South Multi Facility Economic Zone (L S-MFEZ), where it plans to set up a US$20 million primary tobacco processing...
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