Tag Archives: Economy

Zambia: ERB reduces Petrol price by 23 % and Kerosene by 30% effective tomorrow

Story from the Lusaka Times Website
The Energy Regulation Board (ERB) has reduced the pump price of petroleum products by K2.29 for petrol; K2.59 for diesel; and K2.08 for kerosene, which translates into 23.13%, 28.22% and 30.76%, respectively.Read More

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Zambia: Copper price plunges to lowest levels

Story from the Daily Nation Website
Copper price on the international market has soured to lowest levels this year, dropping by a whopping US $216.00 to trade at US$5,914.50 a tonne, apparently due to falling demand from China. Read More

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Zambia: Zambia’s external debt rises to $4.7b

Debt

Debt

Story from the Zambia Daily Mail Website
ZAMBIA’S external debt stock has increased by US$1.2 billion as at September due to the issuance of the US$1 billion Eurobond in April. Read More

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Zambia: No fuel price reduction yet, despite 20% price drop in crude oil

fuel

fuel

Story from the Lusaka Voice Website
Mines, Energy and Water Development
Minister Christopher Yaluma has ruled out any imminent reduction in fuel pump prices despite the continued declining oil prices on the international market. Read More

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Zambia: Zambia ranked 13th out of 52 African countries in good governance and democracy

Story from the Lusaka Times Website
Zambia has been ranked 13th out of 52 African countries in good governance and democracy by the Ibrahim Index of African Governance (IIAG). Read More

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Africa: Can Africa move away from aid to trade?

Story from the Lusaka Voice Website
What should it do to attract more private equity and how can it convert the illicit financial flows to funds for domestic resource mobilization, climate change and conflict resolution – these are pertinent issues which affect the long term development of the African economies. Read More

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