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Zambia Industrial Commercial Bank – ZICB Unveiled

The Bank of Zambia BoZ has officially unveiled the opening of the Zambia Industrial Commercial Bank Limited - ZICB after restructuring of the former...

Dr. Fundanga appointed Intra Africa Trade Fair Ambassador

Former Bank of Zambia Governor, Dr Caleb Fundanga has been appointed as Intra Africa Trade Fair Ambassador for Zambia and will spearhead the private...

Pre bond auction analysis: Kwacha curve has 250bps correction latitude

The Bank of Zambia will today offer K1.65-billion in government bonds of varying tenors across the curve spectrum (2,3,5,7,10 and 15yr). This debt sale...

Will Kalyalya hike rates to curb a sliding Kwacha, at next...

With barely a month to the last rate decision meeting (MPC) of the year, Zambia, Africa’s second largest copper hot spot grapples will rising...

Fitch downgrades Zambia, realigns to S&P rating

Frequent revision of fiscal deficits triggers budget credibility concerns for the copper producer Credit rating agency Fitch, on 11 October,  announced a long term issuer...

Chamber of mines succeeds in re-opening 2019 mine tax negotiations

The Chamber of Mines, an organisation that represents mine owners interests has succeeded in re-opening a negotiation process with the Zambian government. This was made...

Zampalm to cut Zambia’s import bill by USD 25 million –...

Zampalm is expected to reduce Zambia’s edible oils import bill by USD25 million, thereby saving the country the much needed forex. This is according...

Mineral royalty tax conversions support weak Kwacha

The kwacha posted a record 6.45% appreciation as players converted dollars to fund mineral royalty taxes next week The kwacha in Africa's copper producer Zambia,...

LuSE gets 2 new listings – ZSIC Life & ZAFFICO

The Lusaka Securities Exchange - LuSE which has lately faced difficulties attracting new major listings has been gifted with two new listings for 2019. Finance...

BOZ mute as Kwacha continues to slide

The Zambian currency, the Kwacha has continued to slide and lose value against major international convertible currencies amid continued negative sentiment. By close of...