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LABOUR , Social Security Minister Fackson Shamenda is leading a Zambian delegation to the 10Second Session of the International Labour Conference which has convened in Geneva, Switzerland . The meeting has attracted all 185 memberstates of the ILO. Labour Permanent Secretary Trevor Kaunda said the meeting would mainly focus on sustainable development, decent work , Green Jobs. Mr Kau...
Outlook for 2013-17: Forecast summary Forecast summary ( % unless otherwise indicated) 2012 a 2013 b 2014 b 2015 b 2016 b 2017 b Real GDP growth 6.1 6.8 8.1 7.9 8.2 5.5 Gross industrial growth 4.9 8.9 13.3 11.5 9.9 5.7 Gross agricultural production growth 3.0 2.0 1.3 5.0 5.4 5.8 Consumer price in...
Data , charts: Quarterly data 2011 2012 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr Prices Consumer prices (1994=100) 174 177 180 181 184 188 191 193 Consumer prices ( % change, year on year) 6.5 6.3 6.7 6.4 6.3 6.5 6.4 7.0 Copper, LME (US$/...
Over 50 workers at ZEGA limited have had their contacts terminated with management citing increased high operational costs. The employees of the agricultural firm have been notified of their fate , have appealed to government to intervene. Industry player chief executive Don MacDonal...
Some 92 % of East African businesses recently surveyed, are planning to hire or maintain employees as they eye revenue increases of an average 58 % this year. Peter Vieira , Regus, region Director for East Africa , Zambia , said the figures not only show that firms are looking to recruit, but also to invest in sales , marketing. "This shows that companies feel it's the right time to go o...
Outlook for 2013-17: Forecast summary Forecast summary ( % unless otherwise indicated) 2012 a 2013 b 2014 b 2015 b 2016 b 2017 b Real GDP growth 6.1 6.7 8.4 8.0 7.9 5.5 Gross industrial growth 4.9 8.9 13.0 11.5 9.8 5.5 Gross agricultural production growth 3.0 1.0 5.5 5.8 6.0 5.8 Consumer price inflation (av) 6...
Data , charts: Quarterly data 2011 2012 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr Prices Consumer prices (1994=100) 174 177 180 181 184 188 191 193 Consumer prices ( % change, year on year) 6.5 6.3 6.7 6.4 6.3 6.5 6.4 7.0 Copper, LME (US$/tonne) 9,642...
Event The Energy Regulation Board's approval of a 21 % increase in fuel prices has stoked inflation, sparking protests by university students against the government's decision to eliminate the 5 % fuel subsidy. Analysis In its press statement issued on April 30th , the ERB noted that a weaker kwacha , higher international oil prices had created the need for domestic fuel prices to be rai...
Event The Energy Regulation Board's approval of a 21 % increase in fuel prices has stoked inflation, sparking protests by university students against the government's decision to eliminate the 5 % fuel subsidy. Analysis In its press statement issued on April 30th , the ERB noted that a weaker kwacha , higher international oil prices had created the need for domestic fuel prices to be rai...
region BRIEFING FROM THE ECONOMIST INTELLIGENCE UNIT These forecasts were prepared on 2013-04-26 2011 2012 2013 2014 2015 ZK:US$ (av) 4.9 5.1 5.5 5.8 5.9 Nominal appreciation of ZK ( %) -1.3 -5.5 -6.9 -4.4 -1.5 Real appreciation of ZK ( %) 4.5 -1.7 -3.6 -0.9 1.9 ZK:US$ (end period) 5.1 5.1 5.7 5.8 5.9 Downl...
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