Business
Economy, mining, kwacha, markets and enterprise.
255 stories
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Civil Society Demands Transparency over US Health Aid, Minerals Talks
CIVIL society organisations and governance experts have intensified calls for transparency over proposed health and critical minerals agreements between Zambia and the United States, arguing that citizens deserve to know the contents of deals that could affect national sovereignty, healthcare and resource…
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Tobacco farmers call for greater investment, policy
THE Tobacco Association of Zambia (TAZ) has called for increased investment, innovative financing mechanisms and continued policy reforms aimed at strengthening the competitiveness and long-term sustainability of Zambia’s tobacco industry amid growing global market pressures. Speaking during the 61st Annual Congress of…
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UPND loves figures more than Zambians – Mundubile
…says government is more interested in impressing foreign investors while its citizens are wallowing in poverty, struggling even to have a meal in a day because of the high cost of living By MUBITA KATETE THE UPND is more in love with economic numbers, including…
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ZRA seizes smuggled heavy-duty grader in Kapiri Mposhi, prevents K615,000 revenue loss
THE Zambia Revenue Authority (ZRA) has seized a smuggled heavy-duty self-propelled motor grader and the commercial truck used to transport it in Kapiri Mposhi, preventing a revenue loss of more than K615,000. The interception occurred on Tuesday, 23 June 2026, during anti-smuggling patrols along the…
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ZAFFICO Eyes K1.8 Billion Revenue by 2029 Through Forestry Expansion
ZAMBIA Forestry and Forest Industries Corporation Plc has unveiled plans to grow annual revenue from K460 million in 2025 to K1.8 billion by 2029 as it seeks to become a fully integrated forestry and wood-processing company. Speaking at the Rights Issue Bell-Ringing Ceremony in Lusaka…
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Zambia’s annual inflation eases to 6.5% in June on lower food, fuel prices
ZAMBIA’s annual inflation rate slowed to 6.5% in June 2026, down from 6.6% in May, the Zambia Statistics Agency said. Speaking at the monthly inflation briefing in Lusaka, ZAMSTAT Statistician General Sheila Mudenda said the decline was driven by price movements in both food and…
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ZAFFICO Bell Ringing Ceremony | Rights Issue
#WATCH #LIVE #Mwebantu, We are coming to you live from the InterContinental Hotel in Lusaka as ZAFFICO marks a significant milestone with its Bell Ringing Ceremony in celebration of its Rights Issue. The event brings together leaders from ZAFFICO, the Industrial Development Corporation (IDC), the…
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LS-MFEZ attracts $100m in fresh projects
THE Lusaka South Multi-Facility Economic Zone (LS-MFEZ) has approved new investments worth US$100 million in the first half of this year, with the projects expected to create about 1, 687 direct jobs and boost the country’s industrialisation drive. According to LS-MFEZ, the…
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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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Zambia moves to modernise drone regulations
THE Civil Aviation Authority says it is overhauling the country’s drone regulations to accommodate emerging technologies and strengthen aviation safety as part of broader efforts to enhance connectivity, tourism and trade. CAA Director General Captain Derrick Luembe said the review forms part…
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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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Gov’t challenged to publish full Lusaka-Ndola concession report
GOVERNMENT has been challenged to publish the full concession agreement for the Lusaka-Ndola dual carriageway project after Makebi Zulu, the Tonse Pamodzi Alliance presidential running mate raised several questions on the cost of the project, which have not been answered. Brian Matambo…
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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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Sun King | Powering Access to Brighter Lives – Ndola
#WATCH #LIVE #Mwebantu, Join us live from Ndola as Sun King showcases innovative energy solutions designed to power brighter lives and help more households and businesses make the switch to reliable, affordable energy. Let us know where in the world you are watching from? #SunKing…
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Sun King | Powering Access to Brighter Lives – Ndola
#WATCH #LIVE #Mwebantu, Join us live from Ndola as Sun King showcases innovative energy solutions designed to power brighter lives and help more households and businesses make the switch to reliable, affordable energy. Let us know where in the world you are watching from? #SunKing…
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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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Debt swap was meant to ease civil servants’ financial burdens – Mhango
THE debt swap concept for civil servants was not the creation of a single individual but the result of a broad consultative process involving government institutions, trade unions and financial service providers, Citizens First campaign manager Stanley Mhango has said. Mr Mhango…
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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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Sun King | Powering Access to Brighter Lives
#WATCH #LIVE #Mwebantu, Join us live as Sun King showcases innovative energy solutions that are transforming communities and powering access to brighter lives. Discover how affordable, reliable, and sustainable energy is helping homes, businesses, and communities make the switch to more possibilities every day. Let…
