Business
Economy, mining, kwacha, markets and enterprise.
629 stories
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Catholic priest Tyola, UPND’s Bwalya, reportedly reconcile
Catholic priest Father (Fr) Henry Tyola and United Party for National Development (UPND) official Frank Bwalya have reportedly reconciled following a dispute over alleged defamation and cyber-related abuse. Last week, Zambia Monitor reported that Bwalya, had threatened legal action against Fr Tyola over the alleged…
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Zambia claims unemployment rate falls to 9.9%, as Western Province worst hit at 20.6%
Zambia’s unemployment rate fell to 9.9 percent in 2025 from 12.9 percent in 2024, while the employment-to-population ratio increased to 37.1 percent, according to the latest labour market survey. The findings were released during the official dissemination of the 2025 Labour Force Survey and Employment…
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Zambia joins World Bank minerals compact to target 250,000 jobs by 2031
Zambia is seeking to attract private investment into mining and supporting infrastructure under a new World Bank Group minerals partnership, with a target of creating 250,000 direct and indirect jobs by 2031 while increasing copper production. Zambia participated in the launch of the World Bank…
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Ecobank, CIPS partner to strengthen China-Africa payment systems
Ecobank Group has signed a memorandum of understanding with the Cross-Border Interbank Payment System (CIPS) to strengthen Chinese yuan payment connectivity between China and Africa. According to a statement issued on Friday, the partnership is expected to simplify yuan payments, reduce settlement complexities and improve…
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ZCCM-IH Eyes Copper Trading to Boost Zambias Earnings
ZCCM Investments Holdings says it wants to enter copper trading to help...
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Govt begins allocation of 89 mining tenements at Kikonge Gold Mine
The Zambian government has begun allocating 89 mining tenements at Kikonge Gold Mine in Mufumbwe District as part of efforts to formalise artisanal and small-scale mining and promote legal and orderly operations. The Ministry of Mines and Minerals Development said the exercise was intended to…
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Three men admit stealing K3.7 million from Lusaka businessman
Three men have admitted breaking into a Lusaka businessman’s house and stealing property valued at more than K3.7 million, while a fourth accused person has denied the charge. Fanwell Chatugwa, 45, a driver, Most Siachilende, 36, a taxi driver of Livingstone, and Benard Ochieng Oganga…
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World Bank calls for faster implementation of Muchinga emissions reduction programme
The World Bank has called for accelerated implementation of the Muchinga Emissions Reduction Programme (ERP) to ensure communities benefit from landscape restoration and related development activities. Transforming Landscapes for Resilience and Development (TRALARD II) Task Team Leader, Ambroise Brenier, said the programme recognised the importance…
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Govt urged to address housing shortage as property prices escalate
A real estate advisor has urged the
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Land Alliance wants permanent judges, increased funding for Land Tribunal
The Zambia Land Alliance has called for
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Govt courts investors in Zambia’s beef value chain at FAO forum
Government has called for increased private-sector investment in Zambia’s livestock sector as it targets US$1 billion in annual beef exports and a cattle population of 11 million by 2031. Ministry of Fisheries and Livestock Permanent Secretary, Dr Max Choombe, made the call during a high-level…
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Chinese mining firms refusing to meet local suppliers for local content law implementation
The President of the Association of Mine
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Achieving 1 million tonnes of copper production by end of 2026 is 50/50 – CBU Professor
Zambia’s ambition to produce 1 million metric
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ZCCM-IH’s approval of $498 million KCM Nchanga deal not making economic sense – Expert
Mining expert Charles Mulila, Executive Director of
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Zambia eyes Yuan loans, currency swap deal with China
Zambia is exploring borrowing in Chinese yuan and negotiating a possible currency swap agreement with China as it seeks to deepen financial cooperation and reduce exposure to foreign exchange costs. Bank of Zambia (BoZ) Governor, Denny Kalyalya, said the discussions formed part of broader efforts…
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Chinese-operated Mkushi copper mine posts 10% increase in 2026 copper production
The Mkushi Copper Mine, operated by Shi
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Zambia, Mozambique sign agreement to harmonise standards, boost trade
Zambia and Mozambique have signed an agreement to harmonise quality standards and facilitate regional trade by strengthening cooperation between their quality infrastructure institutions. The agreement was signed in Lusaka on Wednesday by the Zambia Bureau of Standards (ZABS), Zambia Compulsory Standards Agency (ZCSA), Zambia Metrology…
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Zambia, FAO seek US$300 million to climate-proof agrifood systems
Zambia and the Food and Agriculture Organization of the United Nations (FAO) have agreed to strengthen collaboration to mobilise approximately US$300 million in climate finance to climate-proof the country’s agrifood systems. The commitment was made in Rome, Italy, following high-level bilateral discussions between Minister of…
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Finance minister, Musokotwane, urges World Bank to boost concessional financing for Africa
Finance and National Planning Minister, Situmbeko Musokotwane, has called on the World Bank Group to sustain concessional financing for Africa while directing greater support towards productive investment and private-sector-led job creation. Musokotwane said development assistance should serve as a stronger catalyst for economic transformation. He…
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Govt calls for urgent action to tackle growing e-waste crisis
The Zambian Government has called for urgent and coordinated action to address electronic waste (e-waste), warning that it is among the fastest-growing environmental challenges associated with modern consumption and technological development. Ministry of Green Economy and Environment Permanent Secretary, Douty Chibamba, said the rapid uptake…
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Zambia set to host housing finance conference
Zambia will host the 42nd Annual Conference and Annual General Meeting of the African Union for Housing Finance (AUHF) for the first time, with Government calling for a functional national housing finance framework to improve access to decent and affordable homes. Ministry of Infrastructure, Housing…
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Expert calls for Ministry of Lands overhaul like ZAMMSA
LAND researcher Dr Priscilla Nsama has called
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Housing Can Unlock Jobs, Investment
Affordable finance, local manufacturing and private capital seen as key to expanding homeownership and driving...
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Zambia warned against unsustainable borrowing under new IMF programme
The Centre for Trade Policy and Development (CTPD) has warned Government against accumulating unsustainable debt under the proposed US$1.5 billion International Monetary Fund (IMF) programme, urging authorities to direct any new borrowing towards productive investments. In a statement issued on Wednesday, CTPD Head of Advocacy…
