Business
Economy, mining, kwacha, markets and enterprise.
630 stories
-
Report says Lusaka cost of living falls to K11,400
The cost of living for a family of five in Lusaka fell to K11,399.64 in September from K12,000.94 in August, a decrease of K601.30, the Jesuit Centre for Theological Reflection (JCTR) has said. In its Basic Needs and Nutrition Basket (BNNB) report for September released…
-
Stanbic CEO sees solar, grid investment as key to Zambia’s economic transformation
Zambia needs to accelerate investment in solar power, electricity transmission and distribution networks to support economic transformation over the next five years, Stanbic Bank Zambia Chief Executive, Mwindwa Siakalima has said. Siakalima said energy was the most important enabling sector for Zambia’s economic development, with…
-
Zambians offered access to UK real estate investment from US$27,000 as cross-border opportunities grow
Zambian investors are increasingly looking beyond the
-
Kwacha extends losing streak to seven consecutive trading sessions
The Zambian kwacha extended its losing streak to seven consecutive trading sessions on Wednesday as continued demand for United States dollars outweighed available foreign currency supply. According to Bloomberg data, the Kwacha weakened by 0.41% to close just below K20 per dollar, reflecting persistent hard…
-
Zambia woos Japanese investors for critical minerals, energy, TAZARA corridor
Zambia has invited Japanese companies to invest in critical minerals and mineral beneficiation, renewable energy, manufacturing and regional connectivity corridors as it seeks to translate longstanding diplomatic ties into investment, jobs and value addition. The investment pitch was made during the inaugural Zambia-Japan Policy Dialogue…
-
Zambia’s ties with U.S. no longer aid-driven but investment-led, Kanyama claims
Zambia is shifting its six-decade relationship with the United States from traditional aid and dependency towards a commercially driven investment partnership, Zambia’s Ambassador to the US Chibamba Kanyama has said. Kanyama said the approach was anchored in mutual respect, transparency and recognition of each country’s…
-
ZRA migrates historical tax records, calls for review
The Zambia Revenue Authority (ZRA) has urged taxpayers to review their TaxOnline account statements following the migration of historical tax records, warning that some account balances and transaction references may appear different. In a statement issued on Thursday, ZRA Corporate Communications Manager, Oliver Nzala, said…
-
Energy producers move to tackle reliability of power supplied to national grid
Businesses need to continuously adapt their strategies, invest in new solutions and embrace changing leadership approaches as the energy sector undergoes significant transformation, business executives have said. Brian Nalishuwa of Copperbelt Energy Corporation (CEC) said the transition towards renewable energy was creating both opportunities and…
-
Kwacha Music Awards 2026: Nominees Announced, Public Voting Opens
The nominees for the 8th Sun FM Kwacha Music Awards have officially been unveiled, setting the stage for another major celebration of Zambia’s music industry. The 2026 nominations bring together established music stars, emerging artists, producers, songs and projects across a wide range of categories…
-
Zambia to push for health facility functionality as climate adaptation measure at COP31
Zambia will push for health facility functionality to be recognised as a key measure of climate adaptation at the COP31 climate summit, with the country calling for stronger financing to ensure health systems remain operational during climate shocks. Minister of Green Economy and Environment, Dr…
-
Zambia calls on investors to seize momentum in country’s rising power generation capacity
Zambia has urged private investors and development partners to increase investment in electricity transmission and distribution, warning that inadequate infrastructure could undermine the country’s growing power generation capacity. Vice President, Mutale Nalumango, said Zambia had made significant progress in expanding generation capacity but needed to…
-
Ana Hadjuka honoured for pioneering Zambia’s debt-for-energy financing
Ana Hadjuka has been honoured for her role in pioneering Zambia’s landmark debt-for-energy swap, an initiative that will channel US$275 million into strengthening the country’s electricity distribution network over 15 years. Hadjuka received the Innovative Energy Finance Impact Award at the Energy Forum for Africa…
-
ZCCM-Ih Approves Kcms Us$498 Million Nchanga Tailings Plant to Produce 70,000 Tonnes Copper
ZCCM Investments Holdings Plc has approved the construction of a US$498 million Tailings Leach Plant...
-
Government tightens internal audit standards to boost accountability
Government has intensified efforts to strengthen internal audit systems across the Public Service, with about 350 internal auditors set to undergo standardised training and certification aimed at improving accountability and ensuring value for money in the use of public resources. Speaking during the opening of…
-
Stanbic Bank calls for borderless African power market to support Zambia’s growth
Stanbic Bank Zambia has called for stronger regional power integration to allow electricity to move from surplus to deficit markets, saying a borderless energy infrastructure will be critical to Africa’s industrialisation and Zambia’s economic transformation. Stanbic Bank Zambia Chief Executive, Mwindwa Siakalima, said linking regional…
-
Zambians offered access to UK real estate investment from US$27,000 as cross-border opportunities grow
Zambian investors are increasingly looking beyond the domestic market to diversify their wealth, with a new UK residential real estate opportunity offering eligible professional and high-net-worth investors access from approximately US$27,000. The opportunity comes as Zambia’s economy continues to expand. According to the Zambia Statistics…
-
ZCCM-IH Approves US$498 Million Nchanga Tailings Plant
ZCCM Investments Holdings Plc has approved a 498-million-US-dollar Tailings Leach Plant at...
-
ZCCM-Ih Approves Kcm’s Us$498 Million Nchanga Tailings Plant to Produce 70,000 Tonnes Copper
ZCCM Investments Holdings Plc has approved the construction of a US$498 million Tailings Leach Plant at Nchanga, paving the way for Konkola Copper Mines to produce around 70,000 tonnes of LME Grade A copper cathode a year without mining new ore. In a statement issued…
-
ZCCM-IH approves $498 million KCM tailings plant
ZCCM Investments Holdings Plc (ZCCM-IH) has approved a US$498 million tailings leach plant at Konkola Copper Mines (KCM)’s Nchanga operations, a project expected to become Africa’s largest facility of its kind and produce about 70,000 tonnes of copper cathode annually at full capacity. The plant…
-
Report on local content law performance in mining sector ‘SECRET’- Mines PS
The Ministry of Mines and Minerals Development’s
-
El Niño is good for copper producers – Mining Expert
As Zambia braces for the effects of
-
With copper prices above $14,600/ton, Kwacha should be around K10/Dollar – Exper
An economic analyst has raised concerns over
-
Why a Copper Mine is Teaching Zambia’s Young Learners to Code
Why is a copper mine in North-Western
-
Zambia Among African Economies with Stronger Growth Outlook
Zambia is among nearly three-quarters of Sub-Saharan African countries whose economic growth outlook has been improved for 2026. The latest Africa Economic Update projects economic growth in the region to rise from 4.1 percent in 2025 to 4.3 percent this year. The improved outlook includes…
