Business
Economy, mining, kwacha, markets and enterprise.
647 stories
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One of the things ZRA has to really analyze is the cost of collecting certain taxes vs a waiver and formalization
Example, why spend 100,000zmw in costs for ZRA to collect 20,000zmw in taxes? Especially on busineses that clearly wont be able to pay. A 1 time analysis and proposal to waive what without a
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Party leader, Chanda, calls for closure of unlicensed gold processing plants
Leader of the United Prosperous and Peaceful Zambia party, Charles Chanda, has urged government to act immediately and close all gold processing plants operating in the country without valid mining licenses. In a statement issued in Lusaka on Sunday, Chanda said foreign firms, including Chinese-owned…
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Strong Post-Election Demand for Grz Bonds as August Auction Attracts K8.6 Billion
By George N Mtonga STRONG POST-ELECTION DEMAND FOR GRZ BONDS AS AUGUST AUCTION ATTRACTS K8.6 BILLION LUSAKA, ZAMBIA — 22 August 2026 Zambia’s domestic capital market has delivered an important vote of investor confidence following the 2026 general election, with the August Government of the…
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Kwambula Continues to Transform Lives Through Skills Development
The Kwambula Training Centre continues to transform
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Copper production drops 35% for Small-Scale local miners despite prices exceeding $14,000 per tonne
Copper production for small-scale miners, who are
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ECA Calls on SADC to turn mineral, agricultural wealth into industrial prosperity
MARGARET CHISANGA Lusaka THE United Nations Economic Commission for Africa (ECA) has called on the Southern African Development Community (SADC) member states to accelerate the transformation of the region’s vast mineral and agricultural wealth into industrial production and regional value chains. Addressing Heads of State…
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Lunzua Takes Its Seat Among the Bwile
“Uwa kwensha ubushiku ba mutasha ga bwacha”,
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Mulungushi Textiles Prints Two Million Metres of Fabric
Zambia-China Mulungushi Textiles has printed and dispatched close to two million metres of fabric since resuming operations in April 2026. The Kabwe-based plant, which had been closed for more than two decades, has undergone rehabilitation and the installation of new machinery. Central Province Permanent Secretary…
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Government to Address Truck Drivers Allowance Concerns
Ministry of Labour Permanent Secretary Zachariah Luhanga says government remains committed to protecting the rights and welfare of drivers and other workers in the transport sector. Mr Luhanga was speaking during the Transport Sector Stakeholders Consultative Meeting, which brought together government, employers’ and workers’ organisations…
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From Recovery to Record Growth: How KCM Reignited Zambia’s Copper Giant
Two years after Vedanta Resources resumed stewardship of Konkola Copper Mines, one of Zambia’s most important mining assets is once again setting the pace for investment, production and long-term growth. Two years ago, Konkola Copper Mines stood at one of the lowest points in its…
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K2.7 Billion Released to FRA for Food Security
The Treasury has released 2.7 billion Kwacha to the Food Reserve Agency to support food security, as the government steps up financing of key agricultural interventions. Secretary to the Treasury Felix Nkulukusa says the allocation forms part of the 21.1 billion Kwacha released by the…
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Zambia’s capital market has reached an inflection point
Why the time to invest, list and grow is now Nicholas Kabaso A Market Coming of Age FOR many years, Zambia’s capital market has been viewed as a complementary component of the financial system. Today, I believe we have reached an important inflection point, one…
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Colgate-Palmolive, in Partnership with Shoprite, Launch your share of 800 000 Kwacha Scholarship Campaign in Zambia
Colgate-Palmolive Zambia, in partnership with Shoprite Supermarkets, has launched a nationwide Scholarship Campaign that turns everyday toothpaste purchases of any two Colgate toothpaste into opportunities for Zambian children to stay in school through a share of scholarships and prizes worth a total of 800,000 Kwacha…
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Why a Stronger Food System Starts with Stronger Partnerships
As Zambia marked Farmers’ Day on 3 August, much of the conversation rightly focused on the men and women who work tirelessly to feed the nation. Their contribution to the country’s economy, food security and livelihoods deserves recognition. But Farmers’ Day is also an opportunity…
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BoZ Cuts Reserve Requirements: What Does This Mean for You? By Prof. Lubinda Haabazoka
The Bank of Zambia (BoZ) has reduced the Statutory Reserve Ratio (SRR) on Kwacha deposits from 26% to 21%, effective 3 August 2026. At first glance, this sounds like technical banking language, but it is actually one of the most important monetary policy decisions made…
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Hichilema urges businesses to pass on gains of economic recovery to Zambians
PRESIDENT Hakainde Hichilema has called on the business community to pass on the benefits of Zambia’s economic recovery to consumers, saying improvements in key fundamentals have been too slow to reach prices in shops and markets. State House Chief Communications Specialist Clayson Hamasaka, Hichilema cited…
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ERB cuts fuel prices for August as global oil falls
THE Energy Regulation Board has reduced pump prices for all petroleum products for August 2026, citing lower international oil prices and a weaker Kwacha. In a statement issued Friday, July 31, 2026, ERB Board Chairperson James Banda said the new prices take effect at midnight…
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U.s. Moves Zambia Visa Processing to South Africa
Routine United States visa applications for Zambians will from 1st August 2026 be processed in South Africa following changes to U.S. visa operations announced by the United States Government. The Ministry of Foreign Affairs and International Cooperation says it has been formally notified by the…
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Zambia’s annual inflation holds steady at 6.5% in July
ZAMBIA’s annual inflation rate remained unchanged at 6.5% in July 2026, the same level recorded in June, the Zambia Statistics Agency has said. Speaking during the monthly inflation briefing in Lusaka, ZAMSTAT Statistician General Sheila Mudenda said the July rate means that, on average, the…
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Zambia targets 82% domestic financing for 2026 budget, says Treasury Secretary
ZAMBIA expects 82% of resources supporting the 2026 National Budget to be mobilized domestically through tax and non-tax revenue, up from 55.2% in 2021, Secretary to the Treasury Felix Nkulukusa has said. Nkulukusa said the increase reflects Zambia’s shift from reliance on borrowing and external…
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Int’l Credit Rating Agency gives Professional Insurance AA rating
JACK ZIMBA Lusaka INTERNATIONAL Credit Rating Agency (ICRA) has awarded an AA rating with a Stable Outlook to Professional Insurance Corporation Zambia (PICZ), recognising the company’s strong financial position, sound corporate governance and ability to meet its obligations to policyholders. Speaking during the presentation of…
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Yango Named Southern Africa’s Most Reliable Ride-Hailing Service Provider
Regional recognition highlights Yango’s commitment to quality, safety, innovation and locally tailored mobility solutions across Southern Africa Lusaka, Zambia [22 July 2026] – Yango Group, the global technology company, has been named the Most Reliable Ride-Hailing Service Provider in Southern Africa at the 2026 Southern…
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KCM Pledges ZMW 93 Million (US$5 Million) to Transform National Football Development in Zambia
Konkola Copper Mines (KCM) has announced a landmark ZMW 93 million (US$5 million) sponsorship pledge over the next five years with the Football Association of Zambia (FAZ), aimed at strengthening football development across the country. This sponsorship reflects the passion of KCM’s employees and workforce…
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KCM Pledges K93 Million to Transform National Football
Konkola Copper Mines (KCM) has announced a landmark K93 million sponsorship pledge over the next five years with the Football Association of Zambia (FAZ), aimed at strengthening football development across the country. The announcement follows KCM’s recent sponsorship of the Copper Queens, who are currently…
