Browsing the "Business" Category
March 18, 2014 - 0 Comments

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...

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March 17, 2014 - 0 Comments

By 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...

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March 17, 2014 - 0 Comments

By 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...

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March 16, 2014 - 0 Comments

By 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...

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March 16, 2014 - 0 Comments

By 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...

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March 16, 2014 - 0 Comments

By 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...

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March 16, 2014 - 0 Comments

By 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...

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March 16, 2014 - 0 Comments

By 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...

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March 13, 2014 - 0 Comments

PICK 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...

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March 13, 2014 - 0 Comments

By 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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