TRYNESS TEMBO, Lusaka
FRESH talks between the US and China have brought confidence in the commodities market, boosting Zambia’s major source of foreign exchange, copper, trading at US$5,871 per tonne yesterday.This represents a 1.2 percent gain from Wednesday’s trading of US$5,773 a tonne.
Copper accounts for 70 percent of Zambia’s foreign exchange and any drastic changes in the price has an effect on earnings.
A Chinese delegation led by Vice-Commerce Minister Wang Shouwen will travel to the US for talks late this month.http://epaper.daily-mail.co.zm/