Chief Mumena of the Kaonde speaking people in North Western Province has advised Zambians to help find solutions to the current economic crisis the country is facing. Chief Mumena notes that the country is going through a number of challenges and government alone cannot manage to come up with solutions on how to deal with the problems, but requires concerted ...

Government has been advised against being complacent about the good economic fundamentals that are still prevailing despite the weakening of the Kwacha. Former Finance Minister Katele Kalumba says the 19 percent depreciation of the Kwacha under a space of three months of 2015 entails that government needs to quickly arrest the volatile money market. Dr. Kalumba has told Qfm News ...

The Bank of Zambia (BoZ) says it cannot rule out the use of instruments such as reserve ratios to address the continued volatility in the exchange rate market. Central Bank Governor Denny Kalyalya says the Central Bank is aware that the current volatility in the exchange market is making it difficult for business houses to plan. Dr. Kalyalya states that ...