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2021 February

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CPI and trade data headline the domestic data card today. Headline inflation in Zambia is sitting at an almost 5-year high and going forward, risks to the inflation outlook are tilted to the upside. Specifically, policymakers expect inflation of the next eight quarters to move further away from the upper bound of the target range as...

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Speaking to reporters yesterday, Mines Minister Richard Musukwa stated that Zambia’s copper production rose to a record high of 882,061.46 tonnes in 2020, from 796,430.77 tonnes produced in 2019. Large-scale production increased to 868,670.46 tonnes in 2020, compared with 787,698.77 during the previous year. The Minister indicated that for 2021 Zambia aims to produce more...

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Speaking in an interview on Friday, World Bank President David Malpass said that the bank and the International Monetary Fund (IMF) are working on ways to factor climate change into debt reduction with some poor countries.  Note, Ethiopia, Chad and Zambia have already initiat-ed talks with creditors under a new Common Framework supported by Group...

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As one of the largest asset management companies in the country we have an important role to play in supporting a broad range of investors to meet their financial goals. Whether our clients are pension funds, insurance companies, or individual investors, we are mindful of the fact that successfully fulfilling our mandate in relation to...

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The Zambian National Farmers Union has indicated that it has the necessary capacity to produce all its domestic food and manufacturing requirements. The Union also expressed its support for the government policy which promotes local production of all agricultural products the country can produce and further added that producers are capable of expanding production.  Note...

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