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Zambia?s international reserves fall to $900m |
 ZAMBIA’s international reserves at the Bank of Zambia (BOZ) have dropped from US$1.4 billion last year to US$900 million as at end of February 2009. And BOZ governor, Caleb Fundanga, said the central bank has been active on the foreign currency market by selling foreign currency to improve liquidity and help stabilise the local currency. |
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State implored to come up with fitting regulation on SMEs |
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THE Government has been urged to come up with an appropriate regulatory environment under which small and medium enterpreneurs (SMEs) can operate on a level playing field as the large business entities. |
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THE Lusaka Stock Exchange (LuSE) all share index last Friday went up by 0.32 per cent to close at 3,639.78 points from 3,628.27 points on Thursday. According to the LuSE daily stock update for Friday, a total of 480,654 shares were transacted in 12 trades yielding a total turnover of K231,609,045. |
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Strong financial sector cardinal Kalyalya |
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STRENGTHENING the country’s financial sector is a crucial requisite for the attainment of sustained growth in the economy, Bank of Zambia(Boz) deputy governor Denny Kalyalya has said. |
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