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...
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 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...
Read MoreBy KENNEDY MUPESENI- THE Government is analysing the mining value chain, to come up with an effective mineral monitoring and auditing mechanism, Mines Minister Christopher Yaluma has said. Mr Yaluma said the analysis will include...
Read MoreBy MAIMBOLWA MULIKELELA- ZAMBIA’s international reserves have declined to US$2.673 billion from $2.751 billion recorded at the end of January this year, due to foreign exchange sales which supported payments related to oil procurement, the...
Read MoreBy MAIMBOLWA MULIKELELA- BARCLAYS Bank Zambia Plc has invested more than K17 million to support 230,000 Zambians, with a target of reaching 30,000 young people throughout the country. Barclays Bank Zambia managing director Saviour Chibiya...
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