BOZ cut policy rate to mitigate Covid impact on growth
Bank of Zambia (BoZ) Denny Kalyalya observed that Zambia’s economic conditions during the second quarter of this year have worsened and prospects for growth are weak. Addressing the media during a quarterly briefing in Lusaka recently, the Central Bank Governor attributed this to a substantial decline in consumer demands, wholesale […]
Zambia benefits from the debt service suspension initiative
In application of the term sheet of the Debt service suspension Initiative (DSSI) also endorsed by the G20, the Paris Club recognized that the Republic of Zambia is eligible to benefit from the initiative. Therefore, the representatives of the Paris Club Creditor Countries have accepted to provide to the Republic […]
Grants for the production of COVID-19-relevant medical and pharmaceutical products
The Secretariat of the Southern African Development Community (SADC), the European Union (EU) and the Government of the Federal Republic of Germany have launched the “COVID-19-relevant Medical and Pharmaceutical Products” (CMPP) project. CMPP is calling for project proposals from companies and initiatives (e.g. university and national technology initiatives) in SADC with the objective to increase the local production of affordable and innovative COVID-19-relevant medical and pharmaceutical products. Winning innovative projects can be supported with a […]
Bank of Zambia Disburses over One billion Kwacha to Financial Service Providers
The Bank of Zambia (BoZ) has so far disbursed over One billion kwacha to Financial Service Providers ( from the Targeted Medium-Term Refinancing Facility of the 10 billion kwacha stimulus package. This is according to the refinancing facility report availed to ZANIS by BoZ Acting Director for Communications, Nkatya Kabwe. […]
July Inflation drops from 15.9% to 15.8 %
Zambia’s July Inflation dropped by 0.1% from 15.9% in June, increasing the the annual inflation rate to 9.7 percent in July 2020 from 5.8 percent in July 2019. The Zambia Statistics Agency has attributed the development to a faster increase in the average prices of goods and services in 2020, […]
Mining Local Content SI
According to a recent report commissioned by the African Development Bank (Lombe, 2019), the Zambian Mining industry consumed an estimated $2.4bn worth of selected goods and services in 2017. Locally manufactured goods and resident service provision only accounted for 10.6% of total purchases. Goods and services procured from Zambian owned […]
ZACCI-Texila American University sign MOU
It is with great pleasure that we wish to inform you that, ZACCI and Texila American University have decided to sign a Memorandum of Understanding with the desire to contribute to the development and sustenance of the well-being of the people of Zambia by presenting training courses which enhance the […]
Cough or Fever
How to Check for Fever Your regular body temperature may be higher or lower than someone else’s. It also changes throughout the day. Doctors generally consider a fever in an adult to be anything over 100.4 F on an oral thermometer and over 100.8 F on a rectal thermometer. If […]
Coronavirus: All you need to know about symptoms and risks
What is a coronavirus? According to the World Health Organization (WHO), coronaviruses are a family of viruses that cause illnesses ranging from the common cold to more severe diseases such as severe acute respiratory syndrome (SARS) and the Middle East respiratory syndrome (MERS). These viruses were originally transmitted from animals […]
COVID Health Info
COVID-19 affects different people in different ways. Most infected people will develop mild to moderate illness and recover without hospitalization. Most common symptoms: fever dry cough tiredness Less common symptoms: aches and pains sore throat diarrhoea conjunctivitis headache loss of taste or smell a rash on skin, or discolouration of […]