Bank of Zambia Sells USD102million Worth of Treasury Bills

BANK of Zambia successfully raised the Kwacha equivalent of USD102million in Thursday 07 Dec treasury bill sale. The auction was 17% oversubscribed with ZMW1,059million...

Africa’s largest Stock Exchange -JSE at 6 Week Low as Steinhoff...

  JOHANNESBURG STOCK EXCHANGE - JSE fell to a six-week low on Wednesday 07 December, in an action-packed session dominated by the speculator collapse in...

Bitcoin at record $USD14,000 as Mercantile Exchange Plan to Launch its...

BITCOIN, barely a week after posting the steepest intraday dip of 20% is now trading at a record high of $USD14,000. This was less...

Copper Price could lose an additional 3%-4% in Value

COPPER could have another shave off another further $200-300 (3%-4%) per ton as stock piling increases and jitters around Chinas manufacturing gauges. The metal...

Copper Slides to 10 week Low as China’s Manufacturing Pulse slows...

COPPER the only metal with a PHD recorded its worst slide since July 2015. The red metal slide 4.2% to USD6,547 per metric ton...

Fading Hopes of an IMF Deal sends Kwacha to a 4month...

AFRICAs second largest copper hotspot, Zambia’s hope of an IMF bailout package are fading and this has sent the Kwacha to a 4 month...

Bitcoin Continues Pushing Higher like Nothing Happened a few days ago

A few days ago the world was in panic when the famous cryptocurrency shaved 18% value in a space of (3) hours. It was...

Moody’s downgrades Eskom due to poor governance and the Guptas

Moody’s rating agency yesterday downgraded Eskom the South African power utility company to its third rung of junk on Wednesday 29 November, while S&P...

Fitch Credit Rating Agency Maintains Zambia’s ‘B’ Outlook at Negative

ZAMBIAS outlook on its ‘B’ rating was maintained at negative by Fitch Credit rating agency today. The last time the rating agency evaluated Zambia...

Zambia says ‘Must Have’ $1.3billion IMF Loan in Place in 2018

ZAMBIA expects to host a mission of the International Monetary Fund (IMF) before the end of the year and hopes to have a $1.3...
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