When: March 2, 2020 @ 8:56 pm – March 3,...
Welcome to Kitwe Chamber Of Commerce
The chamber is an independent, non-political, subscription based association dedicated to promoting a business friendly environment. Our members are drawn from every sector of the economy, and range from independent entrepreneurs to the large corporate. We are a key player in the promotion and facilitation of intra, local and international trade. We promote and facilitate enterprise development, skills development and business advisory services.
Upcoming Events
Our events comprise of various activities
- We Award companies that have excelled in various categories
- We Hold business breakfast meetings to discuss topical issues
- We Hold monthly interactive business meetings with the members every third Wednesday of the month
News & Press Releases
2019 AWARDS WINNERS
Congratulations to our 2019 winners; CATEGORY WINNERS RUNNER’S UP 1 Consumer Manufacturing Company of the year – Large Strongpak Limited…
15TH CII EXIM BANK CONCLAVE ON INDIA AFRICA PROJECT PARTNERSHIP 15 – 17 MARCH 2020: TAJ DIPLOMATIC ENCLAVE, NEW DELHI
Confederation of Indian Industry (CII) will be organizing the 15th edition of CII-EXIM Bank Conclave on India – Africa Project…
BOZ ADJUSTS RESERVE RATIO TO 9 PERCENT
The Bank of Zambia (BOZ) has adjusted the statutory reserve ratio (SRR) by 4percent to curb inflationary pressure and the…
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Chamber Services
Other News
Economic Highlights
CRUDE OIL PRICE
Thursday, January 9, 2020: NYMEX West Texas Intermediate Crude Oil Price for February delivery closed down $0.05 at $59.56 per barrel.
LUSE
In 22 trades recorded today, 3,594 shares were transacted, yielding a market turnover of K12, 557. There was a share price loss of K0.01 in CEC. Trading activity was also recorded in LAFA, ZABR and ZSUG. The LuSE All Share Index (LASI) closed at 4,256.69 points, 0.09% down from its…
INFLATION
The annual inflation rate in Zambia rose to 11.7 percent in December 2019 from 10.8 percent in the prior month, mainly due to higher prices of food (15.2 percent vs. 13.5 percent in November). On a monthly basis, consumer prices inched up 1.6 percent, after increasing 1 percent in the…
Average Exchange rates: 28-02-2020
| Currency | Buying | Selling |
|---|---|---|
| USD | 15.2768 | 15.3268 |
| GBP | 19.5329 | 19.6014 |
| EUR | 16.9710 | 17.0326 |
| ZAR | 0.9826 | 0.9862 |
Treasury Bills, Date: 27-02-2020/ Tender No: 05/2020
| Tenure | Yield | Weighted Average Discount Rate |
|---|---|---|
| Tbs 91 Days (ZM3000007358) | 16.5002 | 15.8482 |
| TBs 182 Days (ZM3000007366) | 20.9501 | 18.9686 |
| Tbs 273 Days (ZM3000007374) | 26.9999 | 22.4635 |
| Tbs 364 Days (ZM3000007382) | 28.9999 | 22.4944 |
Agriculture Commodity Prices
GTAZ reference prices
| SN | Commodity | Purchasing (USD) | Selling (USD) |
|---|---|---|---|
| 1 | Soya Beans | 415 | 430 |
| 2 | Wheat | 425 | 435 |
| 3 | Maize | 320 | 330 |
| 4 | Rice | - | - |
| 5 | Shelled G/Nuts | 952 | 1200 |
| 6 | Unshelled G/N | - | - |
| 7 | Sunflower | 270 | 324 |
| 8 | Cowpeas | 390 | 415 |
Member Benefits
- Collective advocacy to shape the business environment
- Up to date information and advice
- Making new business contacts
- Growth and development opportunities
- International trade opportunities
- Intra trade opportunities
- Advertising
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Why Become a Member?
- Every business bottom line is affected by government decisions. Therefore there is need for a strong, influential and respected body such as the Chamber of Commerce to present and/or defend their cases
- The business person is busy and works in an ever changing environment where taxes and regulations are changing. This necessitates the need for an organization such as the Chamber to monitor the environment on behalf of the businessperson.
- Businesspersons must contribute to communities and the business environment in which they operate
- To be up to date, businesspersons need to meet, share and exchange views. The chamber provides an opportunity for such networking.
- The Chamber through the Secretariat provides customized information to members as and when the information is required
- Joining increases the standing of the Chamber. The more members it has the more effective and influential it becomes in terms of lobbying
- The Chamber adds prestige and status to a business undertaking as the Chamber is internationally known as an official certifier of Certificates of Origin.
Frequently Asked Questions
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