Business
Economy, mining, kwacha, markets and enterprise.
647 stories
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Jimmy Goldstein: The NBA’s Most Famous Superfan
Jimmy Goldstein is an American businessman, investor, and lifelong basketball enthusiast best known for his courtside presence at NBA games. For decades, he has attended hundreds of games every season, including regular-season matchups, playoffs, and NBA Finals contests. Unlike celebrity fans who support a single…
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What Are Foreign Exchange (Forex) Reserves? By Prof Lubinda Haabazoka
Foreign exchange reserves are the **savings a country keeps in foreign currencies and other internationally accepted assets**. They are usually held by a country’s central bank, such as the Bank of Zambia. Think of forex reserves as a **national emergency fund**. Just as a family…
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Yango Zambia Wins Top Innovation and Customer Service Awards
Yango Zambia, part of global tech company Yango Group, has received two major industry accolades, winning the Mobility Innovation 2025 Award at the Techtrends Zambia Awards and the Best Customer Service Organisation of the Year – Private Sector Award at the Zambia Institute of Marketing…
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Actor Spaces Celebrates 10 Years Of Impact, Innovation and African Creative Excellence
Award-winning organisation marks a decade of developing talent, creating opportunities and preserving Africa’s acting legacy Actor Spaces is celebrating its 10th anniversary, marking a decade of empowering actors and advancing Africa’s creative industry. Founded in 2016 by Ayanda Sithebe and Felicia Naiwa Sithebe, Actor Spaces…
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ZRA Recovers Over K21.6 Million From Luanshya Taxpayer
THE Zambia Revenue Authority (ZRA) has recovered over K21.6 million in unpaid taxes after Amfube Investment Limited was convicted of tax evasion by the Economic and Financial Crimes Court in Luanshya. ZRA initiated criminal proceedings against the Luanshya-based company for providing false returns and statements…
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Situmbeko Musokotwane Defends Lusaka-Ndola Road Cost, Challenges PF Record
FORMER Finance Minister Situmbeko Musokotwane has dismissed corruption allegations over the Lusaka-Ndola Dual Carriageway, saying the UPND government’s $649 million contract has not been revised and costs far less than the PF government’s $1.4 billion proposal. In a statement responding to lawyer Makebi Zulu, Musokotwane…
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The Next Chapter: Official Launch of the New Workers’ Compensation Brand
#WATCH #LIVE #Mwebantu, we are live from Ciela Resort as we bring you the Official Launch of the New Workers’ Compensation Brand. Be part of this important milestone as the organisation reveals its refreshed brand identity, reflecting a renewed commitment to protecting workers, enhancing service…
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ZRA donates seized cooking oil
JOHN CHAAMBWA Lusaka ZAMBIA Revenue Authority (ZRA) has donated 1,200 units of 20-litre cooking oil seized from smugglers to various hospitals and charitable institutions in Lusaka. The cooking oil, which was declared fit for human consumption by the Lusaka City Council public health unit, was…
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Explaining Zambia’s Landmark Grid Resilience Programme and Debt-for-Energy Deal
Zambia has launched a major 15-year plan to improve its electricity system. The main goal is to make power more reliable, reduce blackouts, and expand electricity access across the country. But what makes this project special is how it is being…
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Foreign Exchange Reserves and Their Importance for a Country: The Case of Zambia
Analysis By Professor Lubinda Haabazoka Foreign exchange reserves (often called forex reserves) are one of the most important indicators of a country’s financial strength and external stability. They represent the stock of foreign currency assets held by a country’s central bank to support its currency…
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Exports drive K3.5bn trade surplus
SADC, COMESA trade boosts Zambia’s export performance NKOMBO KACHEMBA Lusaka ZAMBIA has maintained its position as a net exporter within the regional trade blocs of SADC and COMESA, recording trade surpluses of K2.9 billion in the dual SADC-COMESA market and K0.03 billion in COMESA exclusive…
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State completes fuel tanker project
PS says trucks will soon be handed over to selected youth co-operatives FANNY KALONDA, IDEON NYENDWA Lusaka, Ndola GOVERNMENT has concluded the management of the fuel tanker project, through Oil Marketing Companies (OMCs), and will be handing over the trucks to selected youth co-operatives. Ministry…
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No chimbuya for Shoprite workers
SHOPRITE workers hoping to honour their departed colleagues by turning fellow employees into walking bags of mealie meal will now have to leave the powder
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Yango Zambia Awarded for Innovation and Customer Service
Yango Zambia has received two industry accolades, being named Best Customer Service Organisation of the Year – Private Sector at the Zambia Institute of Marketing Annual Marketing Awards. The company also won an award for the best Mobility Innovation for 2025 at the Techtrends Zambia…
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Zambia Sugar is Key Partner in Economic Expansion – Hh
President Hakainde Hichilema has pointed at Zambia Sugar as a key partner in the country’s aspirations of expanding its economy for the betterment of every citizen. The President was speaking in Lusaka yesterday, during the Mid-Year Private Sector Day in Lusaka where Zambia Sugar was…
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Pogue Construction: Building Texas Communities Since 1979
Pogue Construction, founded in 1979 and headquartered in McKinney, the company has grown into one of Texas’s most recognized employee-owned general contractors, earning a reputation for delivering complex educational, religious, and community-focused projects. While many construction firms pursue rapid expansion across multiple sectors, Pogue Construction…
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Strong Kwacha excites Kitwe car dealers
MATHEWS KABAMBA Kitwe SOME used car importers have welcomed the continued appreciation of the Kwacha, saying the stronger local currency is restoring confidence in the motor vehicle market. The Kwacha has been bullish against the United States dollar in recent weeks, trading around K17 to…
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Water treatment chemicals get zero-rated tax
MATHEWS MALAZIKA Lusaka TO SHOW commitment to developing the water and sanitation sector in Zambia, Vice-President Mutale Nalumango says Government has zero-rated tax on water treatment chemicals. Mrs Nalumango said this has reduced costs for water supply and sanitation companies and ensured more affordable access…
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ZAMPOST retirees in K48m windfall
MELODY MUPETA Kitwe GOVERNMENT has released K48 million for payment of terminal benefits to Zambia Postal Services Corporation (ZAMPOST) retirees. The disbursement of the funds is part of the third phase of the corporation’s efforts to settle outstanding retirement benefits owed to its former employees…
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Entrepreneurship Train starts rolling
JOHN CHAAMBWA Lusaka THE Ministry of Small and Medium Enterprises Development has endorsed the first-ever Entrepreneurship Train initiative by Zambia Governance Foundation (ZGF). Zambia Entrepreneurship Train is a unique mobile learning programme, in which business owners travel by train from Lusaka to Livingstone to receive…
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Yango Group Hosts Innovation Day 2026 in Abidjan
More than 200 business leaders, entrepreneurs, policymakers, and technology experts gathered in Abidjan on 4 June for Yango Innovation Day 2026, where Yango Group, a UAE-based technology company, showcased technologies used across its global markets, discussed the future of urban digital services in Africa, announced…
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Auctane ShipStation: Shipping for Modern E-Commerce
Auctane ShipStation is a shipping and order management platform that connects online stores, marketplaces, and shipping carriers into a single dashboard. Instead of switching between multiple systems to process orders, sellers can manage everything from one centralized location. The platform integrates with popular e-commerce channels…
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Best API Search Company’s Homepage: Choose the Right One
Looking for the Best API Search Company’s homepage, as Search APIs have evolved far beyond simple keyword lookups. Today, developers, AI teams, sales platforms, and data analysts rely on APIs to extract information directly from company websites, discover accurate business profiles, and feed structured web…
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Zambja Sugar’s $76 Million Twazabuka Project to be Commissioned in August 2027
Zambia Sugar Managing Director, Oswald Magwenzi, says the 76 million US dollars Twazabuka project is on course for completion and commissioning in August, 2027. The state-of-the-art warehousing and packaging facility will enable the company maintain a 12-month product cover, improve product safety, as well as…
