ZM Index
Kwacha makes slight gains as Bank of Zambia pumps $50.3 million into forex market
The Bank of Zambia (BoZ) on Tuesday offloaded US$50.3 million into the market, which helped to relieve some of the pressure on the ...
Editor's Pick
Kwacha continues struggle against international currencies —Reports
The Zambian Kwacha has continued to show a lacklustre trend as the market remains demand heavy, largely from large corporates and merchandise importers, ...
ZM Index
Kwacha ends 2023 on continued losses against the dollar
The Zambian Kwacha continued to post losses as the year 2023 came to an end on the back of a continued surge in ...
Editor's Pick
Zambia’s traditional export earnings rise 20.7% to hit K11.2 billion in November, 2023 (see other stats)
Zambia’s traditional exports earnings have risen to K11.2 billion in November from K9.3 billion the previous month. This represents an increase in terms ...
Editor's Pick
Zambia’s inflation rate hits 13.2% to close the year, amid high cost of food prices
Zambia’s annual inflation rate has surged to 13.1 percent in December 2023 due to price movements of selected food items. However, the Consumer ...
ZM Index
Pressure on Kwacha continues, as reports anticipate some relief from month-end, last-minute salary conversions
The financial market has continued to witness a dry spell of United States (US) dollar supply while demand for the greenback continued to ...
ZM Index
Kwacha continues losing streak
The Zambian Kwacha traded on the back foot against the United States dollar as demand from large corporates and other importers remained high ...
ZM Index
Govt says limited use of statistics in policy design caused by low statistical literacy levels
Government has attributed limited use of statistics in policy and decision making to low statistical literacy. This has led to, in most cases, ...
Editor's Pick
Kwacha in record crash, trades the lowest in 30 years, depreciates to K25/US dollar
The Kwacha has depreciated the lowest since the post economic liberalisation era to K25 per United States Dollar. This is despite the Copper, ...
Editor's Pick
Bank of Zambia dumps $68 million into foreign exchange market to shore up falling Kwacha
The Bank of Zambia (BoZ) has offloaded US$68 million into the market to partially address the long growing hard currency demand from market ...