Category: CTPD in the News

EXPECTATIONS OF THE PRESIDENTIAL ADDRESS – OPENING OF PARLIAMENT

As His Excellency the President Mr. Hakainde Hichilema officially opens the 1st Session of the 13th  National Assembly, the Centre for Trade Policy and Development (CTPD) hereby provides the following as our expectations to inform the address to the National Assembly and the country at large.

CTPD’S EXPECTATIONS ON THE UPCOMING BANK OF ZAMBIA MPC DECISION ANNOUNCEMENT

As the Bank of Zambia (BoZ) Monetary Policy Committee (MPC) sets to announce its monetary policy decision on Wednesday 1st September 2021, the Centre for Trade Policy and Development (CTPD) expects the committee to maintain the policy rate at 8.50 percent. Considering the high overall inflation, any adjustments to the policy rate should be upwards…
Read more

CONGRATULATORY MESSAGE TO HIS EXCELLENCE MR HAKAINDE HICHELAMA AND VICE PRESIDENT MUTALE NALUMANGO

It is with profound accolades that we wish to congratulate His Excellency Mr. Hakainde Hichilema, President of the Republic of Zambia and her Honor the Second female Vice President of Zambia, Mrs. Mutale Nalumango, and the United Party for National Development (UPND) for emerging triumphant in the just ended August 12, 2021 General Elections. We…
Read more

PRESS STATEMENT ON THE IMF SPECIAL DRAWING RIGHTS INITIATIVE

On August 2nd, 2021, the Board of Governors of the International Monetary Fund (IMF) approved a general allocation of SDRs equivalent to US$650 billion (about SDR 456 billion) to boost global liquidity. The current SDR allocation is the largest in the history of the IMF and will be effective on August 23rd, 2021.

FOOD PRICE HIKES AMIDST COVID-19 COULD PUSH MILLIONS OF ZAMBIANS INTO EXTREME POVERTY

Poverty and food insecurity has been a primary concern in most developing countries and the advent of COVID-19 is with no doubt worsening the problem. The pandemic has potential to derail progress made towards achieving United Nation Sustainable Development Goal number 2, which aims to achieve “zero hunger”. A World Bank brief report on global…
Read more

AHEAD OF THE 2021 GENERAL ELECTIONS: KEY ISSUES ON THE MINING SECTOR

As the country goes to the polls on 12th August 2021, it is expected that the political party that forms government will transform the mining sector into a tool of national development. The Centre for Trade Policy and Development (CTPD) wishes to note that this can only be attained if six critical issues facing the…
Read more

CTPD’S REACTION TO THE KWACHA APPRECIATION

On 2nd January 2019, each United States Dollar (USD) sold for an average of K11.96. A year later, on 2nd January 2020, the average selling price for one USD was K14.19, representing a depreciation of the Kwacha of 18.6 percent. However, in 2020 alone, sparked and driven by the complexes and contradictions associated with the…
Read more

CTPD PRESS STATEMENT ON THE 2020 FINANCIAL INTELLIGENCE CENTRE (FIC) REPORT

The Centre for Trade Policy and Development (CTPD) has noted with concern, the revelations from the latest 2020 Financial Intelligence Center (FIC) report that Zambia lost about K3.1 billion through corruption, tax evasion, fraud, illegal mining and other vices, with corruption alone accounting for over 70% of the total losses, translating into about K2.2 billion.

DEBT SWAP AND REFINANCING ARRANGEMENT FOR CIVIL SERVANTS

The Centre for Trade Policy and Development (CTPD) would like to echo its position concerning the issue of the infamous Debt Swap involving the Government of Zambia and civil servants. This is in a matter where the Government has resolved to implement a debt swap with civil servants on a net off basis.

REVEAL THE IMPLEMENTATION STATUS FOR MAIZE/MEALIE MEAL EXPORT & IMPORT MOU BETWEEN ZAMBIA AND DRC

The Centre for Trade Policy and Development (CTPD) calls for Government to share a comprehensive and clear implementation status for the Maize/Mealie Meal Export & import MOU made on 2nd October ,2019 between Zambia and Democratic Republic of Congo (DRC).