Mines Minister Christopher Yaluma says government does not expect mining companies to respond immediately to the pickup in global commodity prices. In an interview with QFM, Mr. Yaluma says government is mindful that the pickup in copper prices could be short lived. Mr. Yaluma says there is need to grow the confidence of what is trending on the market in ...

The Zambia Council for Social Development (ZCSD) has wondered why the cost of living has not reduced in view of the appreciation of the Kwacha in the last few weeks. ZCSD Executive Director Lewis Mwape says now that the kwacha has appreciated, it is expected that the prices of the basic commodities will also reduce. Mr. Mwape says the people ...

Government has been advised against introducing price controls on certain commodities, but allow the market to regulate prices. Civil Society for Poverty Reduction (CSPR) Executive Director Patrick Nshindano says Zambia’s economy is liberalized, and therefore such measures should not be encouraged in a growing economy. Mr. Nshindano states that the Statutory Instrument on price controls for mealie meal government intends ...