Tag Archives: prices

Zambia has enough maize in reserves

Government says there is sufficient maize stocks in storage facilities being held by the Food Reserve Agency (FRA) amounting to over 900,000 tonnes as of the beginning of January this year. He said a maize stock verification exercise was undertaken … read more »

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Kwacha continues bearish run against dollar

THE Kwacha continued its bearish run against the United States (US) dollar as demand for the greenback from interbank players saw the local currency lose 40 Ngwee on the day. Having opened trading at between KR5.290 and KR5.310 on the … read more »

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BRITISH AIRWAYS ANNOUNCES CHANGES TO 2013 SUMMER SCHEDULE

The airline will start weekend services from Heathrow to Ibiza from 27th April thanks to the popularity of the services the airline already operates to the White Isle from both London City and Gatwick airports. The flights are on sale … read more »

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Traders warned over new Kwacha

GOVERNMENT has warned traders countrywide against frustrasting its efforts in implementating the Kwacha rebasing exercise, saying this will trigger price increases and inflation.   Director of domestic trade in the Ministry of Commerce, Trade and Industry, Albert Muchanga said yesterday … read more »

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Rain and drainage issues again?

IT seems the issue of drainages throughout the country is a sharp thorn in the necks of local authorities, especially in Lusaka and the Copperbelt. This clearly exposes their inefficiencies as they went to sleep the whole of last year … read more »

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ZAMBIA: Business round up for the week by Uncle mike

The Return of price controls Events of the week review a disturbing trend of the emergence of price controls. In the financial sector Bank of Zambia has set a ceiling rate for interest to be charged by commercial banks. This … read more »

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Millers slash meal prices

VARIOUS millers countrywide have started reducing mealie-meal prices in line with the directive by President Michael Sata who met millers at State House on Monday. In Livingstone, major retail outlets yesterday ran out of breakfast meal after residents bought the … read more »

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FRA unearths maize scam

THE Food Reserve Agency (FRA) has unearthed a scam in which some individuals are engaging in the illegal sale of maize the agency has been releasing to millers in the country. Some people have been illegally selling maize packed in FRA … read more »

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Mealie-meal prices reduced

MILLERS have with immediate effect slashed mealie-meal prices following an emergency meeting called by President Michael Sata. The Head of State yesterday held a meeting with members of the Millers Association of Zambia (MAZ) to halt escalating prices of the … read more »

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