STANDARD AND POOR’S: Zambia’s economic outlook is now stable

STANDARDS and Poors (S&P) global ratings has revised and upgraded Zambia’s sovereign rating from negative to positive, with a stable outlook. According to a statement issued by Ministry of Finance Spokesperson Chileshe Kandeta, Finance Minister said the (S&P) global ratings have revised Zambia’s outlook on the ‘B’ long -term foreign and local currency sovereign ratings

Translate 7NDP In Local Language, Says Kakoma

Economic growth, poverty reduction and job creation remain key goals of economic policy for Zambia. Policy and monitoring research (PMRC) executive director Ms. Bernadette Deka commended government’s progress in clearly laying out the development course of the country towards Vision 2030 to achieve aspirations of being a developed middle-income country. Speaking in an interview, Media

Mopani ditches suppliers

MWILA NTAMBI, Kitwe and CHOMBA MUSIKA, Lusaka MOPANI Copper Mines (MCM) has suspended its contracts with some suppliers and service providers due to the Copperbelt Energy Corporation (CEC)’s refusal to resume full electricity supply to the mining firm. But Association of Mine Suppliers and Contractors (AMSC) president Augustine Mubanga has urged MCM to stop using

‘DPP answerable only to Constitution’

STEVEN MVULA, Lusaka MINISTER of Justice Given Lubinda says Director of Public Prosecutions (DPP) Lilian Siyuni does not get instructions from anyone because she is only answerable to the Constitution and herself. In an interview yesterday, Mr Lubinda described assertions that Ms Siyuni takes instructions from higher political offices as unfortunate. The minister’s comment comes

Zambia gets positive sovereign rating

STEVEN MVULA, Lusaka A RATING agency Standards and Poors Global (S&P Global) has upgraded Zambia’s sovereign rating from negative to positive with a stable outlook. Minister of Finance Felix Mutati has described the upgrade as “an endorsement of the soundness of the policies being implemented by the government to stabilise and grow the economy. This
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