Category: Business

SPEECH DELIVERED BY MS. TILAMAZUWA PHIRI, CHIEF EXECUTIVE OFFICER, AFRICAN RIVERS DURING THE YOUTH CLIMATE ADAPTATION LEADERSHIP SYMPOSIUM AGENDA ORGANISED BY GAYO IN LUSAKA Friday 10th November, 2023 Let me recognise the presence of the Guest of Honour, His Excellency, Mr. Ashuk Kumar, Management of GAYO, Friends from the Media, and May I simply say Ladies and Gentlemen, Today is a special day for us at African Rivers because we join fellow warriors, the youth, in the fight against climate change and securing a better shared future for our generation. The fight against climate change and its associated negative externalities...

        By Derrick Sinjela  and Simon Banda M-Net (DStv Channel 102) revamped its weeknight 10pm slot with the addition of HBO’s highly acclaimed and award-winning series Succession since Monday 6th November, 2023 In a Tuesday 7th November. 2023 Press Release signed by MultiChoice Zambia Limited, Head of Corporate Affairs, Chilufya Mwelwa. all four Succession seasons will be broadcast with a new episode releasing every weekday evening at 10pm. Succession has taken the world by storm and has garnered an impressive 121 awards and 263 nominations including at the BAFTA’s, Primetime Emmy’s, Golden Globes and many more –...

  By Kelvin Chisanga The Kwacha has continued sliding into some marginal losses owing to the fact that there is a reactive effects with the market players adjusting to the policy shifts, amidst the heavy upbeat use of US Dollar within the local market on an account of driving importation processes in key commodities such as fertilizers, fuel, medicine, etc., which also includes purchases on consumer charismas goodies strongly making up on the pack of the list of factors underplaying Kwacha’s strength. The Kwacha this week is seeing very much reactive to signals sent in the market as it has...

PRESS STATEMENT Monday, 6th November,2023 The proposed motion to impeach the Honourable Speaker of the National Assembly, Madam Nelly Mutti by some opposition and Independent Members of Parliament is but a B.I.D. and misplaced issue which can not easily go through. Infact, the issue in question is an academic exercise which is more theoretical than practical. The whole idea behind the said motion is to try and cause confusion in the House by Opposition lawmakers in their quest to turn the National Assembly into a battle zone. The current Speaker of the National Assembly, Madam Nelly Mutti has been presiding...

By Kelvin Chisanga The 3% or 300 basis point increases to be witnessed by the local banking and financial market in Zambia starting from 13th November, will cause a lot of market distortions even if the main aim is a view around medium term targeting toward efforts of stabilizing Kwacha but this is coming at a huge cost to the domestic economy in a number of ways. However, with this policy gauge being put in place to curb inflationary effects, it is strongly believed that both the inflation and forex losses can be tackled with this monetary policy instrumentation though...