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Zambia : Zambia- Brazil confer over fertilizer partnership

Zambia’s Ministry of Agriculture and the Brazilian Fertilizer Company Agronelli has held talks aimed at commencing the fertilizer partnership between Zambia and Brazil.
Speaking when she addressed stakeholders during a virtual meeting, Zambia’s Ambassador to Brazil Alfreda Mwamba called on Agronelli to consider possibilities of partnering with the Nitrogen Chemicals of Zambia (NCZ) through technology advancement and production of phosphate fertilizer.
Ambassador Mwamba said that Agronelli’s fertilizer would enable Zambia to produce the drought- resistant bumper harvest as well as benefit the small scale and commercial farmers in the country.
“Once the centre is set up in Zambia, exports could be made within the region and economic benefits will be attained in line with the National Agricultural Policy,” she noted. ....

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Zambia : How to get the economy productive again

By Billy Katongo Litana
Being a professional in finance and economics, the current problems faced by our economy and kwacha are as a result of underlying defects that need serious attention to improve economic productivity and arrest the Kwacha decline. I believe the following needs to be looked into,
The financial services sector needs to be supported by our government
We need to rebuild investor confidence
Other sectors of the economy need to be productive
We need to end corruption
The Financial services Sector and its role in the economy
Before I start, I must explain one important principle of how the financial sector creates money. The Money multiplier multiple states that, for every deposit into a bank account, the increase in money circulation will be the amount of Money deposited in the bank multiplied by money multiplier. The Money multiplier is calculated as 1 divided by the reserve requirement. In Zambia the reserve requirement currently sta ....

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