Business

‘Private sector continues to experience improvements’

KABANDA CHULU, Lusaka
STANBIC Bank says the Zambian private sector has continued to experience improvement in business conditions that have signalled a return to employment and economic growth opportunities.
In the purchasing managers index (PMI) for June, Stanbic head of global markets Victor Chileshe said the outlook is positive and is being sustained by new businesses despite the rise in input cost inflation.
“Business activity continued to expand amid rising customer volumes and stronger demand. Companies also managed to secure greater new business at a strong pace.
“Employment is also poised to return to growth levels since firms have increased their staffing levels as a result, with June data marking the first rise in workforce numbers since February this year since companies are making efforts to expand READ MORE

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