Business
Economy, mining, kwacha, markets and enterprise.
241 stories
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Mining sector set for WB’s $80m boost
ZAMBIA’S mining sector is set to benefit from an US$80 million World Bank-funded programme aimed at promoting sustainable, inclusive and well-governed mineral development. A World Bank mission is in the country to work with Government and key institutions on finalising the design…
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Brokers calls for policy reforms to grow insurance sector
THE Insurance Brokers Association of Zambia (IBAZ) has called for wide-ranging policy reforms to increase insurance penetration and strengthen the growth of the country’s insurance industry. IBAZ president Phideliah Sichone Mwaba said insurance uptake in Zambia remains low, with market penetration continuing…
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Former Investrust Staff In Court as Bank of Zambia Defends Liquidation Process
FORMER employees of Investrust Bank Plc [In Liquidation] have dragged the Bank of Zambia to Court over unpaid benefits, as the Central Bank insists all claims will be handled according to law. In an update, BOZ through Assistant Director – Communications Besnat Mwanza said it…
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ZCCM-IH hires global advisers for listing drive
ZCCM Investments Holdings Plc (ZCCM-IH) has appointed local and international transaction advisers to spearhead its Listing Optimisation Process as the mining investment firm seeks to strengthen its presence in global capital markets. The appointments follow a cautionary announcement issued by the company…
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ZRA Raises Tax-to-GDP Ratio to Record 22.1pc as Aid Declines
ZAMBIA’S tax-to-GDP ratio has risen to a historic 22.1 percent in 2025, up from an average of 18.3 percent between 2020 and 2024, as the Zambia Revenue Authority (ZRA) intensifies domestic revenue mobilisation amid declining international aid. ZRA has also projected that…
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Termites Meat Suppliers Crownes Leading Meat Distributor in Southern Africa
KITWE-based Termites Meat Suppliers has been named Leading Distributor of Meat Products in Southern Africa at the Southern Africa Brand Quality Awards [SABQA], held in Lusaka. The prestigious SABQA awards recognize brands that demonstrate excellence in quality, innovation, customer service, and sustainable impact across the…
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Mfumu Nkazi Cooperative Makes History with Three Platinum Awards, Emerges Most-Voted Brand at 2026 Southern Africa Brand Quality Awards
Zambia’s Mfumu Nkazi Multi Purpose Cooperative has etched its name in the history books after winning three Platinum Awards at the 2026 Southern Africa Brand Quality Awards and emerging as the most voted-for brand in this year’s competition. The cooperative also became the first cooperative…
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Keeping Zambia Moving: The Impact of the 2026 FIFA World Cup on Yango Partner Drivers, Couriers, Passengers and Customers
As football fans across Zambia gather to watch the World Cup, the tournament is shaping more than just conversations around the beautiful game. Across Lusaka, it is also changing how people move around the city, how they order food, and how partner drivers and partner…
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Keeping Zambia Moving: The Impact of the 2026 FIFA World Cup on Yango Partner Drivers, Couriers, Passengers and Customers
As football fans across Zambia gather to watch the World Cup, the tournament is shaping more than just conversations around the beautiful game. Across Lusaka, it is also changing how people move around the city, how they order food, and how partner drivers and partner…
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No more medas for fertiliser – HH
…promises that he is planning to expand the FISP programme that would ensure all eligible farmers would have to receive adequate fertiliser, seed packs if the UPND is voted back into power By MUBITA KATETE PRESIDENT Hakainde Hichilema has pledged that there shall be no…
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Kwatamo Touch Muli Coca-Cola! Ndola Turns Up At The 2026 Zambia International Trade Fair
Excitement. Music. Laughter. Winning moments. That was the atmosphere at the 2026 Zambia International Trade Fair on Saturday, 4 July, as thousands of people flocked to the showgrounds to experience one of Zambia’s biggest and most anticipated annual events. Celebrating its Silver Jubilee, this year’s…
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Lights on, Businesses Alive: The Cec Itimpi Ii Solar Project
AT her modest hair salon in Lusaka’s Matero townwship, Martha Lungu starts every morning by switching on hair dryers, clippers and styling equipment before welcoming her first customers. Just a few blocks away, welder Peter Mumba unlocks his workshop and powers up…
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Bus Fares Drop Nationwide Following Fuel Price Reduction
THE Road Transport and Safety Agency (RTSA) has announced a reduction in bus fares nationwide, effective July 6, 2026, following a downward adjustment in fuel pump prices. In a statement issued by Chilufya Mwelwa, Head – Public Relations. RTSA said the revision was approved by…
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ZRA Raids Picton Management in Lusaka Over Suspected Tax Evasion
THE Zambia Revenue Authority has raided Picton Management Company Limited over suspected tax evasion and financial irregularities in its manufacturing operations. In a statement issued by Mr. Oliver Nzala, Manager for ZRA Corporate Communications. ZRA said preliminary investigations point to possible under-declaration of production and…
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The Yango Food iPhone giveaway is BACK!
Yango Food is once again giving customers the chance to win big, with THREE iPhone 17s up for grabs this July. Here’s how to enter: 🍔 Place 5 Yango Food orders worth K160 or more between 1st and 31st July 🎉 Get automatically entered into…
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Zambia’s GDP Is Likely to Leapfrog: Why the GDP Rebasing Exercise Could Transform the Country’s Economic Profile
By any economic standard, Zambia is on the verge of one of the most significant statistical transformations in its modern history. While many people associate economic growth solely with factories being built, mines opening, or exports increasing, there is another important…
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GDP rebasing to give clearer picture of Zambia’s economy
ZAMBIA’S ongoing Gross Domestic Product (GDP) rebasing exercise is expected to provide a more accurate picture of the country’s economy, strengthen evidence-based policymaking and boost investor confidence once completed, Zambia Statistics Agency (ZamStats) Statistician General Sheila Mudenda has said. Ms Mudenda said…
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BoZ opens Govt securities market to all investors
THE Bank of Zambia (BoZ) has clarified that all individuals, businesses, institutions and foreign investors are eligible to invest in Government securities, provided they meet basic account registration requirements. In its “Investing in Government Securities: Frequently Asked Questions” guide, the central bank…
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The Economy Is Like the Health of a Human Being: Macroeconomic Fundamentals Are the Body’s Vital Signs
When a patient walks into a hospital, the first thing a doctor does is not prescribe medication. Instead, the doctor conducts an examination by checking the patient’s vital signs. Blood pressure, pulse rate, body temperature, oxygen saturation, respiratory rate, blood sugar…
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ZESCO impressed with progress on Mumbwa solar project
ZESCO says it is impressed with the progress being made on the 350-megawatt Mumbwa Solar Power Project, describing it as a major investment that is creating jobs and boosting economic activity in Central Province. Speaking during a tour of the Mumbwa Sunshare…
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ZRA Commissions 220kW Solar System to Cut Grid Reliance
THE Zambia Revenue Authority (ZRA) has commissioned a 220kWp solar power system in a bid to improve energy reliability and reduce costs amid national power challenges. Commissioner General Dingani Banda officially launched the project. It comprises a 120kW installation at ZRA Head Office in Lusaka…
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Mopani Copper Mine PLC Records Its Strongest Monthly Ore Production in Two Years
Mopani Copper Mines PLC has recorded its strongest monthly ore production in two years after producing 289,000 tonnes of ore in June 2026, while also exceeding its target for finished copper produced from its own feed. The mining company produced 5,140 metric…
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Swana solar plant to add 470MW to national grid
THE 470-megawatt Swana Solar Power Plant under construction in Chitambo is expected to become the country’s largest solar energy facility and significantly increase its electricity generation capacity once completed. The project, being developed by Swarna Solar Limited under a Power Purchase Agreement…
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Airtel Africa commits to sustainability, digital inclusion
AIRTEL Africa has reaffirmed its commitment to sustainability, digital inclusion and socio-economic development, with the company highlighting its growing impact in transforming communities across the country through education, connectivity, and innovation-driven programmes. The commitment was reiterated during a media roundtable where Airtel…
