News

Kwacha continues to depreciate

Zambia’s currency, the Kwacha continued its retreat against the United States dollar last Friday due to the continued dollar demand on the interbank market. The local unit opened trading at K5.755 to K5.785 before depreciating to K5.770 to K5.800. According to Cavmont Capital Bank market report released today, the local currency is…

Masebo breached constitution- Harrington

Former Tourism Minister William Harrington this morning testified before the Roydah Kaoma led tribunal that Tourism Minister Sylvia Masebo breached the ZAWA Act and the ministerialcode of conduct when she dismissed the ZAWA Board and 5 senior directors. Mr. Harrington told the tribunal that the ZAWA Act does not allow the Tourism…

You are what you wear

Amazing how the years gone by appear like layers of garments. Yes, regrets and reminiscences may well have fashioned our existence. The many experiences have helped style our being, with some events coming in the shape of a pair of overalls. These have dressed us up in readiness for the…

milk

    Yes, it does a body good: Studies show that calcium isn’t just a bone booster but a fat fighter too. Recent research from the University of Tennessee found that obese people who went on a low-calorie, calcium-rich diet lost 70% more weight than those who ate the least.…

TIMES AND SEASONS

TIMES AND SEASONS The night was cold and quiet. It was that kind of chilly breeze which almost made any adult wish for the shortest route to the bathroom! Why did the cold have to be compounded with the ceaseless pressure to go to what the ancients called the ‘water…

  19-Feb-14 FOREIGN EXCHANGE MARKET INDICATIVE MONEY MARKET RATES (All Rates Quoted as P.A) Bank Buy Bank Buy Bank Sell Bank Sell   CURRENCY CASH TT TT CASH   BOZ Policy Rate 9.75% USD 5.6876        5.6889        5.8012        5.8025   GBP 9.4962        9.4984        9.6859        9.6881 EUR 7.8286        7.8304…