Monday, May 27, 2024

Economy

BoZ cuts interest rates to 11%, lowest level since February 2014

The Bank of Zambia has cut its benchmark lending rate by 150 basis points to 11 percent citing lower consumer inflation and weak growth. This...

Luapula expo and investment Conference meaningless without investment being realised – Chilangwa.  

  Luapula Province Minister Nickson  Chilangwa says although the recently held Luapula expo and investment Conference was successful, its benefits will only be appreciated if its...

Stanbic Bank commits to supporting Zambian SME sector

Stanbic Bank says it is committed to supporting the fledging Zambian SME sector to which the bank has so far disbursed K1.5 billion in...

Zambia’s envoy to the USA seeks economic diplomacy

Zambia’s Charge’ d’Affaires at the Embassy in Washington D.C. Joseph Chilaizya says Zambia will foster economic diplomacy with the United States of America...

Copperbelt airport works impresses Lusambo, implores Chinese contractors to hire more Zambian workers

Copperbelt Minister Bowman Lusambo says he is impressed with the pace at which the construction of the Copperbelt International Airport is progressing. And Mr Lusambo...

ERB warns gas stations refusing to effect reduced fuel prices

THE Energy Regulation Board (ERB) has warned of stern action against service stations that will not effect revised fuel pump prices. On Monday, ERB announced...

Consumers demand benefits of fuel price cut

VARIOUS stakeholders are elated by the reduction of fuel pump prices and have appealed to the business community, especially those in the transport sector,...

Zambia: Let’s work more than we talk to help the President develop the economy

How can we boast about GDP growth of 4.3% when we had 10% not too far away? Past performance is often easily forgotten. So, it...