Business
Economy, mining, kwacha, markets and enterprise.
640 stories
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Should Zambia focus on increasing copper production to 3m or shift focus to value addition?
As Zambia targets to increasing mineral output,
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Should Zambia focus on increasing copper production to 3m or shift focus to value addition?
As Zambia targets to increasing mineral output,
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Kariba Lake Level Continues to Drop
The Zambezi River Authority says water levels in Lake Kariba are continuing to drop gradually, as expected during this time of the year. As of September 21, 2026, the lake level stood at 481.15 metres, compared to 477.87 metres during the same period last year…
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Zambia Seeks Korean Investment in Infrastructure
Zambia has called on South Korean companies to explore investment and joint...
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Zambia targets 7% average growth as budget plan shifts focus to expansion
Zambia is targeting average economic growth of about 7 percent between 2027 and 2029 as the government shifts its policy focus from macroeconomic stabilisation towards higher production, investment and exports to create jobs and raise household incomes. The target is contained in the 2027–2029 Medium…
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Hichilema heads to UAE on investment drive
President Hakainde Hichilema will undertake a working visit to the United Arab Emirates (UAE) from Sept. 29 to 30, 2026, aimed at strengthening bilateral relations and attracting investment to Zambia. Acting Foreign Affairs and International Cooperation Minister, Situmbeko Musokotwane, said the visit, at the invitation…
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Avocado Mining reportedly convicted for attempted smuggling offense
The Zambia Revenue Authority (ZRA) says it has secured the conviction of Avocado Mining Limited for attempted smuggling and, in a separate enforcement operation, seized two Toyota Land Cruisers following the detection of customs misclassification. In a statement issued in Lusaka on Sunday, ZRA Manager…
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Exports to drive Zambian economy – Musokotwane
Zambia's economic growth over the next five years will be driven by exports, the country's finance minister has said, as the government seeks to boost production and tackle poverty.
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Zambias External Debt Falls to 15.36 Billion Dollars
Zambia’s Central Government external debt stock has reduced by five percent to 15.36 billion U.S....
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Three People Die in Five-Vehicle Crash on Kalulushi-Kitwe Road
Three people have died on the spot, while one has been seriously injured in a fatal road traffic accident involving five vehicles along the Kalulushi-Kitwe Road near Magazine area in Kitwe. Copperbelt Police Commissioner Rae Hamoonga has confirmed the accident, which occurred on Friday, September…
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Zambia’s External Debt Falls to 15.36 Billion Dollars
Zambia’s Central Government external debt stock has reduced by five percent to 15.36 billion U.S. dollars as at the end of June 2026, from 16.15 billion dollars recorded at the end of December 2025. The Ministry of Finance and National Planning says the decline was…
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Zambian govt approves Green Paper on 2027-2029 medium-term budget plan
Zambia’s Cabinet has approved the Green Paper on the 2027-2029 Medium-Term Budget Plan, which sets out the macroeconomic objectives, fiscal policies, strategies and targets for the 2027 budget. The approval was made at the second Cabinet meeting of the second term of President Hakainde Hichilema’s…
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Zambia owes $15.36 billion external debt in first half of 2026, government says
Zambia’s external debt fell by 5% to US$15.36 billion in the first half of 2026 from US$16.15 billion at the end of December 2025, as the government intensified efforts to strengthen debt sustainability and contain fiscal risks, Finance and National Planning Minister Situmbeko Musokotwane said…
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Bank of Zambia demands full disclosure on financial products to consumers
The Bank of Zambia (BoZ) has directed financial service providers to ensure consumers fully understand the products they are signing up for, saying customer protection went beyond simply presenting contracts for signature. BoZ Assistant Director for Consumer Protection and Market Conduct, Banji Milambo, said consumers…
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Musokotwane stresses debt discipline as climate change threatens economic gains
Zambia will prioritise debt sustainability, domestic revenue mobilisation and prudent management of public resources to protect essential services and support economic growth, Finance and National Planning Minister Situmbeko Musokotwane said on Friday. Musokotwane said the government would also prioritise conservation of natural resources, support for…
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Y Celeb ft. Briyol – Self Made Ponono Video
Copperbelt heavyweight rapper Y Celeb is back with a new music video for his latest single “Self Made Ponono,” a record that celebrates his journey to wealth and success without relying on anyone else to build his path. On the new release, Y Celeb reflects…
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Zambia seeks more British investments in carbon markets
Zambia has called on British investors to increase their participation in the country’s carbon credit markets, saying the sector could unlock climate finance for investment in key areas of the economy. Green Economy and Environment Minister, Gabriel Siame, said greater private-sector participation from Britain would…
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Iba Suspends Four Broadcasting Stations.
By Zambia Reporter The Independent Broadcasting Authority-IBA has suspended the broadcasting licences of four stations for 30 days over various regulatory breaches. The affected stations are 3FM Radio of Chipata, Mungu FM Radio of Mongu and Healing TV of Lusaka, which have been suspended for…
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Chinese Firm Eyes Zambia Textile Investment
China’s SHANDONG LIUTUAN Home Textile Company has expressed interest in investing in...
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Tobacco firms use covert tactics to influence policy in Africa, journalists told
Tobacco companies are increasingly using flavoured nicotine products, corporate social responsibility projects, conservation partnerships and rebranded non-profit organisations to build legitimacy and influence public policy in Africa, journalists were told on Thursday. The trends were highlighted during a two-day online training workshop for journalists from…
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Zambia economy grows 5.4% in 2025, September inflation eases to 6.1%
Zambia’s economy grew by 5.4% in 2025, accelerating from 3.8% in 2024, while annual inflation eased slightly to 6.1% in September 2026, the Zambia Statistics Agency (ZamStats) said on Thursday. The final annual gross domestic product (GDP) estimates at constant 2010 prices represented a 1.6…
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Zambia, Norway discuss carbon-credit deal to support stable IPP power tariffs
Zambia has started negotiations with Norway on a carbon-credit deal aimed at using proceeds from international carbon markets to buffer independent power producers (IPPs) and support stable tariffs for electricity sold to state utility ZESCO, the government said on Thursday. Minister of Green Economy and…
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Three Die in Chingola Mining Collapse
Three illegal miners have died after the ground collapsed at the OB‑19...
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Zambian Kwacha extends gains for fourth session on month-end dollar supply
The Zambian Kwacha extended gains against the U.S. dollar for a fourth consecutive session on Wednesday, supported by increased foreign currency supply ahead of month-end, Access Bank Group said. The local currency appreciated 0.67% to close just below K19.5200 per dollar, according to Bloomberg data…
