Business
Economy, mining, kwacha, markets and enterprise.
645 stories
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Authorities poor record keeping undermining valuation of property
According to Palm Golding Properties Zambia Head
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Government Releases 107 Million Kwacha to Support Education Institutions
Government has disbursed 107 million Kwacha to public universities and...
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Energy Expert Urges Extension of Fuel Tax Waiver Amid Rising Oil Prices
Energy Expert JOHNSTONE CHIKWANDA has appealed to Government to consider...
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No roads, no value? Expert advice to property owners
No roads, no value? Expert advice to
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Government Invests 3.6 Million Kwacha in Industrial Yard Equipment
Government has allocated 3.6 million Kwacha for new equipment to...
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Govt warns of threat to food security, as concerns mount over climate shock predictions
Government has called for urgent and coordinated action to protect Zambia’s food security ahead of anticipated 2026/2027 El Niño conditions, warning that climate shocks could undermine agricultural production and the country’s economic gains. Ministry of Agriculture Permanent Secretary for Technical Services, John Mulongoti, said weather…
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Cost of living continues to rise in Lusaka as JCTR flags risks of climate disruptions
The Jesuit Centre for Theological Reflection (JCTR) has reported another increase in the cost of basic needs for Zambian households, with the Lusaka Basic Needs and Nutrition Basket rising to K12,000.94 in August. The basket for a family of five climbed from K11,698.42 in July…
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Zambia seals deal with Kenyan company to export 540,000-tonne maize
The Food Reserve Agency (FRA) has signed a contract with Kenya’s Baita Trading Company Limited for the export of 540,000 metric tonnes of White Grade A non-GMO maize, as Zambia’s agricultural export earnings continue to rise. ️The country last year reportedly recorded a significant increase…
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State Challenges Musukwas Bid to Retain Assets Worth 100 Million Kwacha
The state has opposed former Minister RICHARD MUSUKWA’s bid to prevent the seizure of his...
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Govt urges Minerals Commission to anchor regulatory functions in law, protect investor confidence
Government has called on the Minerals Regulation Commission (MRC) to ensure that the execution of its regulatory functions is firmly anchored in the law while maintaining investor confidence in Zambia’s mining sector. Ministry of Mines and Minerals Development Permanent Secretary Dr. Hapenga Kabeta said the…
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Cotton sector in decline despite huge economic potential, Cotton Board official warns
Zambia’s cotton industry, once a major employer in rural areas and a key foreign exchange earner, is in a steady decline despite its potential to drive value addition, job creation and carbon sequestration due to low prices on the market. Industry data show production has…
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Govt Praises North Swaka Trust for Forest Conservation
The Ministry of Green Economy and Environment has commended the North Swaka Trust for conserving...
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Kwacha extends losses against dollar
The Zambian Kwacha remained under pressure yesterday, extending its losses against the United States dollar for a second consecutive session. According to Bloomberg data, the local currency depreciated by 0.71 percent to close just above K19.30 per dollar, as sustained demand for hard currency from…
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AfDB approves US$5 billion framework to cushion Africa from energy, fertiliser crisis
The African Development Bank (AfDB) has approved a financing framework that could mobilise up to US$5.06 billion to help African countries manage rising energy, food and fertiliser costs linked to the global crisis. The Global Energy and Fertilizer Crisis Response Framework (GEFCRF), approved on September…
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Are exporters surviving with the K18/US dollar FX?
The Zambian Kwacha in recent months has
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FNB employees to get 11% salary increase
The First National Bank-FNB has successfully concluded
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Beyond investment: Kalumbila builds community around wellness
Deep in the forests of Kalumbila district,
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400 artisanal miners in Kabwe for training
More than 400 artisanal miners from across Zambia have gathered in Kabwe for a 20-day training programme aimed at promoting safe, professional and sustainable mining practices.
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SMES Urged to Tap Growth
Chiwala says small businesses should stop looking only at buying and selling and seize opportunities...
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Government, miners push major ASM reforms
The government has reaffirmed its commitment to transforming Zambia’s artisanal and small-scale mining (ASM) sector into a major driver of economic growth, as industry players call for sweeping reforms, including the establishment of state-owned mineral processing smelters to protect local miners from exploitation. Central Province…
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AECI fails to declare dividends to shareholders
AECI Mining Explosives PLc’s has failed to
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Defiant Officers Face ATI Penalties Alone-Govt
The Ministry of Finance and National Planning will not provide a budget line to pay for penalties arising from non-compliance with the Access to Information Act No. 24 of 2023. Eastern Province Permanent Secretary Paul Thole sounded this warning in Chipata during a training workshop…
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Zambian Breweries profit decline by K96 million
AB inBev network subsidiary Zambian Breweries, a
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UPND’s second term should focus on getting more local Zambians to own mines – Mine unions
The National Union of Miners and Allied
