Kitwe & District Chamber of Commerce and Industry

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News & Press Releases

DIVERSIFY CROP PRODUCTION – DC

instead of concentrating on maize.Mr Sikazwe also called for a paradigm shift among the people in Mpulungu to embrace farming…

REGIONAL RAILWAY LINE ON CARDS

RAILNET International, a United States of America-based firm, is working on developing a modern railway line and are currently carrying…

COPPER PRICE REBOUNDS TO $6,709 PER TONNE

ZAMBIA’s major foreign exchange earner, copper, rebounded yesterday by 0.6 percentage point to US$6,709 a tonne. On Tuesday, copper price…

Economic Highlights

CRUDE OIL PRICE:

Thursday, September 10, 2020: NYMEX West Texas Intermediate Crude Oil Price for October delivery closed down $0.75 at $37.30 per barrel.

LUSE:

There were no trades recorded today. The LuSE All Share Index (LASI) maintained its close at 3,830.62 points, as there were no share price movements. The market closed on a capitalization of K55,494,286,349 including Shoprite Holdings and K21,255,080,369 excluding Shoprite Holdings

INFLATION:

The year- on- year (Annual) inflation rate as measured by the all items Consumer Price Index (CPI) for August 2020 decreased to 15.5 percent from 15.8 percent recorded in July 2020. This means that on average, prices of goods and services increased by 15.5 percent between August 2019 and August…

Exchange rates:

Exchange Rate: USD

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