Economy
Moody’s Sees Zambia’s Debt Burden Exceeding 75% of GDP this Year
Bloomberg reports that Zambia’s credit profile is constrained by it high debt burden which will increase even more, Moody’s Investors Service said.
The Zambia’s debt...
Economy
ZESCO targets to raise K16 billion in first year of higher tariffs
ZESCO Managing Director Officer Victor Mundende has justified the 91% average retail electricity tariff hike proposal.
ZESCO has formally written to the Energy Regulation Board...
Economy
Warning signs for Zambia as Eurobond curve becomes more inverted
Zambia’s Finance Minister Margaret Mwanakatwe said this month there’s no need to worry about the government’s debt load.
But investors are sending the opposite signal.
The...
Economy
Story of K23 billion vanishing is false-BoZ
The Bank of Zambia has rubbished media reports that some K23 billion of recently printed bank notes has gone missing.
Some media reports indicate that...
Economy
ZANACO “banks” K9.2 million dividend to IDC
ZANACO Bank Plc has declared K9.2 million dividend to its shareholder the Industrial Development Corporation for the financial year ended 31st December 2018.
Speaking before...
Economy
Zampost Workers urged to go back to work following government’s new commitment
The National Union for Communications Workers has urged Zampost Workers to go back to work following government’s commitment to help them collect the K20...
Economy
Zambia National Farmers concerned with individuals claiming to represent farmers
The Zambia National Farmers’ Union is concerned with some individuals that have been purporting to represent farmers and bringing confusion in the tobacco industry.
ZNFU...
Economy
ZCTU concerned about the challenges faced by market labour due to Technology Advancement
The Zambia Congress of Trade Unions (ZCTU) has called for more global interaction among trade unions to find solutions to the challenges that computer...