Tuesday, October 27, 2020
The Minister of Finance Dr. Bwalya Ng’andu has told Parliament that the recently released 2021 international debt statistics report by the World Bank,  quoting Government debt as being US$27.34 billion is not correct. In a Ministerial Statement on Zambia’s Public...
What Does It Mean To Default? Let’s start by understanding what it means for an individual or a company to default. Let’s assume you want to buy a house and decide to borrow money from a bank. The bank issues you...
Rating agency Fitch says it expected Zambia to default on its government debt in the coming months, having become locked in a row with its creditors over delaying some of its bond payments. Zambia’s finance ministry issued a statement on...
Dr. Grieve Chelwa PhD Zambian social media platforms, especially WhatsApp groups, were very active yesterday sharing and discussing the publication of the World Bank’s latest International Debt Statistics Handbook. I’ve lost count of the number of friends on WhatsApp who...
TENANTS OCCUPYING SOCIETY BUSINESS PARK CONDUCTING THEIR BUSINESS IN FEAR By Prudence Siabana Tenants occupying the society business park in Lusaka are conducting their businesses in fear following revelations that part of building`s foundation has cracks. The engineering institute of Zambia-EIZ- has...
FALLING KWACHA: THE ELEPHANT IN MVUNGA’S NEW ROOM AS I was reading the report on the swearing in of new Bank of Zambia (BoZ) governor, Christopher Mvunga, by President Edgar Lungu yesterday my mind wandered off. I found myself reflecting back...
CHINESE DEBT RELIEF TO ZAMBIA WILL NOT LEAD TO AN AUTOMATIC ECONOMIC REBOUND   Public Policy Analyst Choolwe Beyani says Chinese debt relief to Zambia will not lead to an automatic economic rebound. Zambia has been granted a debt service suspension initiative...
  Kapenta is the name used to refer to the silvery small type of fresh water lake fish and comes from two closely related species of Lake Tanganyika fresh water fish – a sardine and a sprat (Scientific names: Limnothrissa...
Mines Minister Richard Musukwa said government is not interested in running Konkola Copper Mine (KCM) should all court cases be concluded in their favour but has a number of investors lining up to take over operations. Responding to questions in...
  The Competition and Consumer Protection Commission (CCPC) has confirmed to the Zambian Business Times - ZBT that it has conducted investigative interviews with three top cement manufactures in Zambia. CCPC Director Restrictive Business Practices Luyamba Kapembwa told ZBT that the...