By Given Mutinta ZAMBIA’S $6.2 BILLION FOREIGN RESERVES: A STATISTICAL PARADOX OF GROWTH AND POVERTY At the close of the first quarter, the Zambia’s gross international reserves reached a historic high of US$6.2 billion. This stands in stark contrast to figures from 2021, when reserves were considerably lower at US$2.1 billion, yet poverty was also… Continue reading ZAMBIA’S $6.2 BILLION FOREIGN RESERVES: A STATISTICAL PARADOX OF GROWTH AND POVERTY
Category: Business
IMF CONFIRMS CONTINUED ENGAGEMENT WITH ZAMBIA AS NEW PROGRAMME TALKS ADVANCE
IMF CONFIRMS CONTINUED ENGAGEMENT WITH ZAMBIA AS NEW PROGRAMME TALKS ADVANCE The International Monetary Fund has confirmed that discussions with Zambia on a new support programme are progressing well, with further negotiations expected to resume after the country’s general election in August. The update followed an IMF staff mission to Lusaka from 30 April to… Continue reading IMF CONFIRMS CONTINUED ENGAGEMENT WITH ZAMBIA AS NEW PROGRAMME TALKS ADVANCE
Five Miners Trapped at Matala Gold Mine in Mumbwa
Five Miners Trapped at Matala Mine in Mumbwa Five small-scale miners are trapped at Matala Gold Mine in Nangoma Constituency, Mumbwa District. The miners have been trapped since around 04:00 hours on Sunday. Matala Gold Mine, which was previously operated by a cooperative, has been closed for the past two years. ZNBC’s HONESTER MSHOKA reports… Continue reading Five Miners Trapped at Matala Gold Mine in Mumbwa
MIZINGA MELU, JITO KAYUMBA NAMED IN FAZ COMMERCIAL AND MARKETING COMMITTEE
MIZINGA MELU, JITO KAYUMBA NAMED IN FAZ COMMERCIAL AND MARKETING COMMITTEE. Mike Jovic Mwendachabe ✍️ The Football Association of Zambia has appointed a Commercial and Marketing Advisory Committee aimed at strengthening its financial position and expanding revenue streams. The decision follows a resolution by the FAZ Executive Committee and is part of efforts to improve… Continue reading MIZINGA MELU, JITO KAYUMBA NAMED IN FAZ COMMERCIAL AND MARKETING COMMITTEE
ZAMBIA LAUNCHES ANTI-ILLICIT FINANCIAL FLOWS POLICY TRACKER
ZAMBIA LAUNCHES ANTI-ILLICIT FINANCIAL FLOWS POLICY TRACKER Zambia is this month expected to host a team from the Tax Justice Network Africa (TJNA) and other experts to rollout the Anti-Illicit Financial Flows (IFFs) Policy Tracker Assessment in Zambia. The Policy Tracker is an African Union mandated tool designed to help member countries assess their national… Continue reading ZAMBIA LAUNCHES ANTI-ILLICIT FINANCIAL FLOWS POLICY TRACKER
Zambian Breweries Plc has reduced prices on Mosi, Mosi Light, Eagle and Eagle Extra products
Zambian Breweries Plc has reduced prices on Mosi, Mosi Light, Eagle and Eagle Extra products. The adjustments are as follows: Mosi 750ml RGB from K275 to K240; Mosi Light 330ml RGB from K280 to K240; Eagle 750ml RGB from ZMW170 to ZMW160; and Eagle Extra 375ml RGB from ZMW225 to ZMW180. Zambian Breweries Country Director,… Continue reading Zambian Breweries Plc has reduced prices on Mosi, Mosi Light, Eagle and Eagle Extra products
STOP POLITICAL IDIOCY – A RESPONSE TO HON ELISHA MATAMBO:
STOP POLITICAL IDIOCY – A RESPONSE TO HON ELISHA MATAMBO: Jas 1:26 “If any man among you seem to be religious, and bridleth not his tongue, but deceiveth his own heart, this man’s religion is vain” Here is a link to what Mr Matambo has uttered on his page which is the reason we are… Continue reading STOP POLITICAL IDIOCY – A RESPONSE TO HON ELISHA MATAMBO:
I WILL REDUCE COST OF UNGA TO K50 PER BAG – Kalaba
I WILL REDUCE COST OF UNGA TO K50 PER BAG – Kalaba Citizens First President Harry Kalaba says his party will drastically reduce the cost of mealie meal to K50 PER bag when he becomes President of Zambia. Meanwhile Kalaba also promises that fuel will be reduced to K9 per liter. He has also promised… Continue reading I WILL REDUCE COST OF UNGA TO K50 PER BAG – Kalaba
ALLOW KCM TO OPERATE WITHOUT POLITICAL INTERFERENCE
ALLOW KCM TO OPERATE WITHOUT POLITICAL INTERFERENCE …..if it is to become viable & contribute meaningfully to nation’s socio economic development, says ANDD Lusaka… Wednesday April 16, 2025 (SMART EAGLES) The Advocates for National Development and Democracy (ANDD) has urged the Copperbelt Energy Corporation (CEC) and all other stakeholders to whom the mine is indebted… Continue reading ALLOW KCM TO OPERATE WITHOUT POLITICAL INTERFERENCE
Ghana bans foreigners from trading in its gold market to boost revenue
Ghana bans foreigners from trading in its gold market to boost revenue (BBC) Ghana has banned all foreigners from trading in its local gold market as part of efforts to boost national revenue and streamline the country’s mining sector. It follows the enactment of a new law earlier this month that grants exclusive authority of… Continue reading Ghana bans foreigners from trading in its gold market to boost revenue
