Economy on track

THE Zambian economy has continued to signal an improvement in business conditions despite the threats posed by the cholera epidemic in the first quarter of the year, Stanbic Bank head of global markets Victor Chileshe has said.
Releasing findings of the market-sensitive information purchasing managers’ index (PMI), which is compiled on a monthly basis by Stanbic Bank and HIS Markit of the United Kingdom, Mr Chileshe said the Zambian private sector has returned to positive growth levels.
He said the PMI for March has posted 50.7 percent, indicating an improvement in ….

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