Business
Economy, mining, kwacha, markets and enterprise.
639 stories
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BOZ Introduces 20-Year Government Bond
The Bank of Zambia has introduced a 20-year Government bond, extending the range of maturities...
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Zambia among key drivers as Dar es Salaam port transit cargo rises 17 per cent
Dar es Salaam Port’s transit cargo rose 17 per cent to 14.61 million tonnes in the 2025/26 financial year, with Zambia accounting for 3.41 million tonnes as trade through the Tanzanian port to key regional markets increased.
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Government dissolves ZEMA Board
Minister of Green Economy and Environment, Dr Gilbert Siame, has dissolved the Board of Directors of the Zambia Environmental Management Agency (ZEMA) with immediate effect. He said the decision was made pursuant to the powers vested in the Minister under Chapter 204 of the Laws…
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BOZ Introduces 20-Year Government Bond
The Bank of Zambia has introduced a 20-year Government bond, extending the range of maturities available in the Government securities market. The new bond will form part of the benchmark bonds and is aimed at facilitating the development and growth of longer-dated financial instruments in…
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Sez Network Calls for Strategic Resource Allocation
Social Enterprise Zambia Network has called on Government Ministries, Provinces and Spending Agencies to strategically allocate resources towards implementing the Grow Zambia Agenda. SEZ Network Executive Director Metrinah Mumba says Government should focus resources on priority areas with the greatest potential to stimulate economic growth…
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Consumer Impact Must Guide Fuel Tax Changes — Cuts
Consumer Unit and Trust Society (CUTS) International Lusaka says consumers must be treated with care and protected from the effects of changes to fuel-related taxes, warning that higher fuel prices can put additional pressure on household incomes, transport costs, food prices and small businesses. In…
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Govt, BHP partner to strengthen Zambia’s geological exploration capacity
Government has signed an agreement with global mining company BHP to strengthen Zambia’s geological exploration capacity, following its engagement at the 24th Africa Down Under Mining Conference in Perth, Australia. Ministry of Mines and Minerals Development Permanent Secretary, Dr Hapenga Kabeta, said the agreement, which…
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Why Lobito Corridor is key to Zambia’s economy —Govt
Zambia’s plans to increase agricultural production and exports will require alternative trade routes, with the Lobito Corridor expected to provide a shorter link to international markets, Permanent Secretary in the Ministry of Infrastructure, Housing and Urban Development Albert Malama has said. Speaking during a courtesy…
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Controversy trails govt’s claim on Kafue River pollution, as KCM demands evidence-based probe
Konkola Copper Mines (KCM) has rejected allegations linking it to the pollution of the Kafue River reported on September 28, 2026, calling for an evidence-based investigation to establish the source of the incident. In a statement issued in Chingola, KCM said it had taken note…
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Dar es Salaam transit cargo rises 17% as corridor competition shifts
DAR ES SALAAM, Tanzania. Transit cargo through Dar es Salaam Port rose 17 percent to 14.61 million tonnes in the 2025/26 financial year, driven largely by stronger flows to the Democratic Republic of Congo, Zambia and Rwanda. The increase comes as investment at the port…
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KCM Pipe Leak Pollutes Mushishima Stream and Kafue River
A pipe leak at Konkola Copper Mines-KCM has polluted the Mushishima Stream and Kafue River...
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HELSB Seeks Private Investment in Student Loans
The Higher Education Loans and Scholarships Board -HELSB- has called on banks,...
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KCM Faces Action over Kafue River & Chingola Water Pollution
Government has issued a Restoration Order to Konkola Copper Mines -KCM- following...
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Govt orders KCM to restore environment after pollution of Mushishima Stream, Kafue River
Government has confirmed a pollution incident affecting the Kafue River and its tributaries in Chingola District, Copperbelt Province, involving Konkola Copper Mines (KCM) on September 28, 2026. Minister of Green Economy and Environment, Dr Gilbert Siame, said the Zambia Environmental Management Agency (ZEMA) received notification…
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Zambia’s apex bank introduces 20-year govt bond to deepen domestic capital market
The Bank of Zambia (BoZ) has introduced a 20-year government bond as part of efforts to develop longer-dated financial instruments and deepen the domestic capital market. According to a public notice issued on Thursday, the new bond will form part of Zambia’s benchmark bonds and…
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ZEMA approves 350MW wind energy facility in Katete district
The Zambia Environmental Management Agency (ZEMA) has approved the proposed 350 MW Unika I and II Wind Energy Facility by Mphepo Power Limited in Chief M’bangombe’s Chiefdom, Katete District, Eastern Province. The approval was made by the Environmental Assessment Committee of the 6th ZEMA Board…
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Optimism ahead, as banks reportedly set to cut lending rates
Commercial banks are expected to lower lending rates by about 250 basis points following the Bank of Zambia’s decision to cut the Monetary Policy Rate (MPR) from 13.25 percent to 10.75 percent. The rate reduction, announced on Wednesday, is expected to reduce borrowing costs for…
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Fuel Prices Rise in October
The Energy Regulation Board—ERB—has announced an upward adjustment in domestic petroleum prices for October 2026....
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Lusaka-based Chineseowned copper mine Sino Xinyuan reports over 20% drop in copper production
Sino Xinyuan Mining Company Limited, a Chinese-owned
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Chinese-owned NFC Africa mine denies gold mining at Chambishi copper mine
NFC Africa Mining Plc (NFCA), a Chinese-owned
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Foreign firms dodging Zambia’s local content law via shareholding changes – AMSC President
The President of the Association of Mine
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Six ‘Special Interest Groups’ awarded tenements at Kikonge gold min
Recent disclosures from the renowned Kikonge gold
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Fuel Prices Rise in October
The Energy Regulation Board—ERB—has announced an upward adjustment in domestic petroleum prices for October 2026. Effective midnight on 30th September 2026, petrol will increase from 25.29 Kwacha to 31.46 Kwacha per litre, representing an increase of 6.17 Kwacha. Diesel will rise from 26.86 Kwacha to…
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Fuel pricing model must change – HH
Zambia is considering moving away from monthly fuel price adjustments to a two- or three-month pricing cycle to give businesses and households greater certainty when planning.
