Zambian Kwacha (ZMK) News Monitoring

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Published on Feb 3, 2023

BOZ increases reserve ratio by 2.5% to address Kwacha instability

THE Bank of Zambia (BOZ) has increased the minimum statutory reserve ratio by 2.5 percentage points to 11.5 percent from the current 9.0 percent. BOZ Deputy Governor for Operations Francis Chipimo says the increase is meant to address the increased …

Source: News Diggers - Neutral
Published on Feb 1, 2023

Why Zambia’s Debt Restructuring Deal is delayed: Here is how to fast track it.

By Mwansa Chalwe Snr Zambia’s economic recovery program is based on an IMF deal and the restructuring of the country’s $17.3 billion debt. There is no question that Zambia’s debt restructuring talks are not going on as well as was expected. The deal has …

Source: Lusaka Times - Left-wing
Published on Feb 2, 2023

BoZ decision to Increase Statutory reserve ratio is an act of desperation by the UPND Government

Kitwe’s Kamfinsa Member of Parliament and PF National Youth Chairperson Christopher Kang’ombe has charged that the Bank of Zambia’s decision to increase the kwacha and foreign currency statutory reserve ratio is an act of desperation by the UPND Government …

Source: Lusaka Times - Left-wing
Published on Feb 1, 2023

Non-cost reflective tariffs hinders development in the energy sector – Energy Expert

Energy Expert Jonstone Chikwanda says non-cost reflective tariffs is one of the issues that has held captive the development of the energy sector. Mr Chikwanda explained that it was seen in oth the 7th and 8th National Development Plan that the government …

Source: Lusaka Times - Left-wing
Published on Feb 1, 2023

What’s Causing Africa’s Debt Crisis?

Welcome to Foreign Policy’s Africa Brief. The highlights this week: Italy and Libya sign a gas deal, taking offense at Germany’s Twitter emojis, and the United Arab Emirates’ solar power cooperation with Zambia. If you would like to receive Africa Brief in …

Source: Foreign Policy - Neutral

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Published on February 7, 2023 - 09:35 GMT

CIBC Innovation Banking Provides £10m In Growth Capital to LandTech

CIBC Innovation Banking announced today that it has provided £10m in growth capital financing to LandTech, a London-based proptech firm enabling property developers and property professionals to identify and assess off-market development opportunities. …

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Published on February 7, 2023 - 07:55 GMT

Pismo and Drona Pay to boost security in digital payments

Solution uses machine learning at scale to protect real-time digital transactions BANGALORE, India and MUMBAI, India , Feb. 7, 2023 /PRNewswire/ -- Fraud management has become a massive headache for banks and fintechs worldwide. As digital payments …

Distribution channels: Banking, Finance & Investment Industry

Published on February 7, 2023 - 09:35 GMT

Zero Hash establishes UK entity and appoints Laura Navaratnam and Keith Grose as Non Executive Directors

LONDON, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Zero Hash, the leading global B2B2C crypto-as-a-service API infrastructure, today announced the establishment of its UK entity and appointment of Laura Navaratnam and Keith Grose as its UK Non Executive Directors. …

Distribution channels: Banking, Finance & Investment Industry
Published on February 7, 2023 - 07:53 GMT

ESG Pillars Gain Popularity in Paints and Coatings Industry - Astra ESG Solutions

SAN FRANCISCO, Feb. 7, 2023 /PRNewswire/ -- Sustainable and innovative solutions, underpinned by ESG goals, have garnered immense traction in the paints and coatings industry. Substituting hazardous substances and minimizing energy demand have …

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Published on February 7, 2023 - 09:35 GMT

Sustainability platform abillion launches a crowdfunder

NEW YORK, Feb. 7, 2023 /PRNewswire/ -- abillion, the emerging sustainability-focused social media and e-commerce platform with over a million members globally, has launched a community investment round on Wefunder. The venture-backed company is …

Distribution channels: Banking, Finance & Investment Industry
Published on February 7, 2023 - 07:52 GMT

Quadcode Markets wraps up 2022 as Australia's best for trading

Australian broker QCM bursts into 2023 with three prestigious international awards — just a year after its market debut. It stood out as the best Forex broker in Australia and got awards for the best trading platform. SYDNEY, Feb. 7, 2023 /CNW/ -- …

Distribution channels: Banking, Finance & Investment Industry
Published on February 7, 2023 - 07:52 GMT

Quadcode Markets wraps up 2022 as Australia's best for trading

Australian broker QCM bursts into 2023 with three prestigious international awards — just a year after its market debut. It stood out as the best Forex broker in Australia and got awards for the best trading platform. SYDNEY, Feb. 7, 2023 /PRNewswire…

Distribution channels: Banking, Finance & Investment Industry
Published on February 7, 2023 - 07:52 GMT

Zilch signs pioneering partnership to work with leading UK debt charity StepChange in face of the cost-of-living crisis

Zilch, the UK-headquartered payments technology company, today announces it has signed an industry-first partnership to work with StepChange, the UK's leading debt advice charity, which will help Zilch's millions of customers access help, should …

Distribution channels: Banking, Finance & Investment Industry

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Published on February 7, 2023 - 10:13 GMT

Egypt VC Investing Grows for 5th Year in a Row, Leading MENA Region by Deals Closed and All-Time High of 17 Exits

Egypt led number of deals in MENA with 26% of total; Flat6 Labs, Falak Startups, A15, Disruptech, 500 Global among investors with 5+ investments in 2022. DUBAI, UNITED ARAB EMIRATES, February 7, 2023 /⁨EINPresswire.com⁩/ -- MAGNiTT, the largest …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on February 7, 2023 - 10:00 GMT

Mike Asimos Creating a Safe Space for those recovering from Hustlers

Since 1984, Mike Asimos is focused on creating a safe financial space for those recovering from hustlers, encouraging all to explore financial freedom. ARLINGTON, VIRGINIA, UNITED STATES , February 7, 2023 /⁨EINPresswire.com⁩/ -- Mike Asimos, the …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on February 7, 2023 - 09:48 GMT

Sustainable Lab Discussed Issues and Solutions Facing the Sustainability Transition with The Japan Times

TOKYO, JAPAN, February 7, 2023 /⁨EINPresswire.com⁩/ -- Japanese ESG fintech start-up Sustainable Lab Inc., a pioneer in data science for sustainability, hereby announces that Yuki Kishi, CFO of Sustainable Lab, discussed a range of topics including …

Distribution channels: Banking, Finance & Investment Industry ...
Published on February 7, 2023 - 09:46 GMT

USA Tops Global Crypto Ranking for Q4 2022

DUBLIN, DUBLIN, IRELAND, February 7, 2023 /⁨EINPresswire.com⁩/ -- - USA takes the number one spot as the world’s top crypto economy. - Germany slips to second place. - Singapore and Hong Kong move up to third and fourth respectively In the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 7, 2023 - 09:23 GMT

Untapped Global launches Climate Action Initiative to accelerate adoption of electric vehicles across Africa

Consortium of key industry players and a $20M funding facility will increase EV leasing and distribution through asset innovation and financing NAIROBI, KENYA, February 7, 2023 /⁨EINPresswire.com⁩/ -- Untapped Global, an innovative investment …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on February 7, 2023 - 08:44 GMT

Acorn Protocol: Solving Remote Work Challenges with Smartphone Job Opportunities

Acorn Protocol offers job opportunities via smartphone to address challenges faced by remote workers and provide fair compensation. SINGAPORE, February 7, 2023 /⁨EINPresswire.com⁩/ -- It is said that the average person spends 2.5 hours on their …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 7, 2023 - 08:24 GMT

Mintus’ art market outlook predicts iconic Post-War and Contemporary artists will secure high prices in 2023

LONDON, UNITED KINGDOM, February 7, 2023 /⁨EINPresswire.com⁩/ -- • 2022 growth trend for artists from Africa and the African diaspora will continue. • Interest in new and rediscovered female talent will fuel demand for women artists. • London …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 7, 2023 - 07:23 GMT

Newport Beach's Hardest Working Agent

Local real estate expert Travis White has been named Newport Beach's favorite realtor for his privacy, and unequal work ethic. NEWPORT BEACH, CA, UNITED STATES, February 6, 2023 /⁨EINPresswire.com⁩/ -- Local real estate expert Travis White …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...
Published on February 7, 2023 - 07:23 GMT

“A Sunshine Rock: A Story About Empathy,” written by Award Winning author Tahiya Cooper, is set to launch on March 4th

Tahiya Cooper is a school counselor From Maryland. ELKTON, MARYLAND , UNITED STATES, February 7, 2023 /⁨EINPresswire.com⁩/ -- After the rousing success of her first book, titled. "Kindness Week,” inspired by the kindness club she created at …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on February 7, 2023 - 07:17 GMT

CompIntelligence Appoints Max Muller as West Coast Business Director

CompIntelligence announces the addition of Max Muller to their executive team. LOS ANGELES, CA, UNITED STATES, February 7, 2023 /⁨EINPresswire.com⁩/ -- CompIntelligence announces the addition of Max Muller to their executive team. As the West …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 7, 2023 - 07:16 GMT

TokenTag Launches Platform to Connect Web3 Communities

The social platform disrupts how web3 creators and communities understand their audiences and how consumers interact with content across platforms. NEW YORK, NY, UNITED STATES, February 7, 2023 /⁨EINPresswire.com⁩/ -- TokenTag Launches Platform …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on February 6, 2023 - 23:18 GMT

Pharos Expands Customer Operations Leadership Team with Two New Additions

Pharos welcomes Steve Obia in the role of Director of Customer Services and Success, and Paulo Mendonça as the new Director of Technical Support. ROCHESTER, NEW YORK, UNITED STATES, February 6, 2023 /⁨EINPresswire.com⁩/ -- Pharos Systems …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 6, 2023 - 22:32 GMT

Fintech Companies Urged to Capitalize on the synergy of Blockchain and Web 3.0's Circular Approach

DOVER, DELAWARE, UNITED STATES, February 6, 2023 /⁨EINPresswire.com⁩/ -- Blockchain technology and the "Circular Approach" of Web 3.0 companies have a lot in common. Both aim to create a more sustainable, efficient, and equitable future, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 6, 2023 - 22:27 GMT

SQ Class Action Deadline Alert: Johnson Fistel Encourages Shareholders to Submit Their Block Losses

The Class Action Seeks to Recover Damages on Shareholders’ Behalf Block, Inc. (NYSE:SQ) SAN DIEGO, CA, US, February 6, 2023 /⁨EINPresswire.com⁩/ -- Shareholder rights law firm Johnson Fistel, LLP announces that it has filed a class-action lawsuit …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 7, 2023 - 10:00 GMT

Traction Uranium and Forum Energy Metals Enter into an Option Agreement for the Grease River Property in the Athabasca ...

CALGARY, Alberta, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce that it has entered into a property option agreement (the “Option Agreement”) with Forum …

Distribution channels: Banking, Finance & Investment Industry, Mining Industry ...
Published on February 6, 2023 - 21:53 GMT

Onshore Mortgage, LLC. Offers "One-Time Close" Construction loans for Massachusetts and Rhode Island residents

With a low down payment and only one closing our new construction loan makes building a home accessible to more borrowers in Massachusetts and Rhode Island. FAIRHAVEN, MA, UNITED STATES, February 6, 2023 /⁨EINPresswire.com⁩/ -- Onshore Mortgage, …

Distribution channels: Banking, Finance & Investment Industry ...
Published on February 7, 2023 - 09:36 GMT

Gen Z and Millennials Accept Online Creeping and Stalking as Part of Dating Culture

Alarmingly, more than one third of younger generations say they don't care if a current or former romantic partner stalks them online, as long as it's not in person TEMPE, Ariz. & PRAGUE, Feb. 7, 2023 /PRNewswire/ -- A new survey …

Distribution channels: Banking, Finance & Investment Industry
Published on February 7, 2023 - 09:36 GMT

BLUETTI Readies to Ignite A Romantic Valentine's Day

TORONTO, Feb. 7, 2023 /CNW/ -- With Valentine's Day right around the corner, lovebirds are racking their brains to find more creative gifts than traditional flowers or chocolate to express love. Luckily, BLUETTI has rolled out loads of savings …

Distribution channels: Banking, Finance & Investment Industry
Published on February 7, 2023 - 09:36 GMT

Global Beer Market Report 2022-2023 Featuring the World's Most Popular Brands - Anheuser-Busch InBev, Asahi, Carlsberg, ...

Dublin, Feb. 07, 2023 (GLOBE NEWSWIRE) -- The "The 2022 Global Beer Market" report from Beverage Marketing has been added to ResearchAndMarkets.com's offering. The Global Beer Market report provides market analysis on various aspects of …

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Published on February 7, 2023 - 09:36 GMT

Kalmar's eco-efficient hybrid straddle carriers to enhance fleet productivity at DP World Antwerp Gateway

CARGOTEC CORPORATION, PRESS RELEASE, 7 FEBRUARY 2023 AT 10 AM (EET) Kalmar, part of Cargotec, has secured a significant order from long-term customer DP World for nine Kalmar hybrid straddle carriers. The machines will be deployed at the company's …

Distribution channels: Banking, Finance & Investment Industry