Tag Archives: foreign

Kenya election reactions: West cautious while China, African countries positive

Western nations were Sunday silent on how they will work with the new Kenyan government to be headed by President-elect Uhuru Kenyatta even as the Chinese congratulated the Jubilee flagbearer. Even though Britain, the United States of America, Canada and … read more »

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A response to Human Rights Watch’s update on Chinese copper mining in Zambia

Regular readers of Pambazuka News will remember a debate held a year or so ago in its pages between the US-based NGO Human Rights Watch (HRW) and ourselves about a lengthy report that HRW had issued on labour rights violations … read more »

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ZAMBIA: Business Review by Uncle Mike

BILL TO INTRODUCE CONTOL OF FOREIGN EXCHANGE… There we go again. Currently there is a bill before parliament presented by the minister of finance to amend the bank of Zambia act. Specifically the bill Proposes the re introduction of foreign … read more »

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Private Sector againist re-introducuction of foreign exchange controls in Zambia

THE BANK OF ZAMBIA (AMENDMENT) BILL, 2013 PRESENTATION BY THE PRIVATE SECTOR ASSOCIATIONS TO THE PARLIAMENTARY COMMITTEE ON ECONOMIC AFFAIRS, ENERGY AND LABOUR: CONSIDERATION OF THE BANK OF ZAMBIA (AMENDMENT) BILL, N.A.B NO. 1 OF 2013 Prepared by Private Sector … read more »

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Kwacha trades slightly firmer against dollar

THE local currency traded slightly firmer against the US dollar yesterday following increased greenback inflows in the market last week. The kwacha traded at K5.290 to a dollar by mid-morning yesterday, up slightly from Friday’s close at K5.295. The currency … read more »

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Gemstone expert cites market ills

THE lack of a reliable gemstone auction floor in Zambia has forced local producers to sell the precious stones on the foreign market, an Australia-based lapidiary expert Michael Andresse has said. Mr Andresse said there was an urgent need by … read more »

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Contractors disappoint minister

EDUCATION Deputy Minister Neverlyn Wilombe has bemoaned the lack of seriousness by some Zambian contractors to deliver quality services when awarded contracts in infrastructure development. Professor Wilombe said for a long time, some local contractors had been failing to implement … read more »

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U.S mission in Zambia hails govt efforts regarding economy

The United States mission in Zambia has hailed the Patriotic Front’s government on its efforts to improve the country%u2019s economy. U.S Embassy Public Affairs Officer Priscilla Hernandez says foreign investors have developed confidence in the country’s business environment. Ms. Hernandez … read more »

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Kwacha climbs to a six- week high against the dollar

Zambia’s kwacha climbed to a six- week high against the dollar, making it the best performer worldwide today, after the central bank cut the amount of foreign currency commercial lenders can expose themselves to. The currency of Africa’s biggest copper … read more »

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