Kwacha
The kwacha against the dollar, and what moves it.
42 stories
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Business
Kwacha joins Africa’s weakest currencies in August despite stronger bond market
The Zambian Kwacha is among the weaker African currencies this month, despite positive developments in the country’s bond market and higher copper prices. The local currency has lost nearly one percent against the United States dollar in August, a move that contrasts with the rally…
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Business
Zambian Kwacha extends gains for fourth session on month-end dollar supply
The Zambian Kwacha extended gains against the U.S. dollar for a fourth consecutive session on Wednesday, supported by increased foreign currency supply ahead of month-end, Access Bank Group said. The local currency appreciated 0.67% to close just below K19.5200 per dollar, according to Bloomberg data…
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Business
Kwacha ends nine-day losing streak, as pressure on South African rand eases
The Zambian Kwacha halted its nine-day losing streak on Friday, gaining 0.21% against the U.S. dollar to close just below K19.75 per dollar, according to Bloomberg data. The local currency’s advance came after it failed to sustain a break below the K19.70 per dollar level…
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Business
Colgate-Palmolive, in Partnership with Shoprite, Launch your share of 800 000 Kwacha Scholarship Campaign in Zambia
Colgate-Palmolive Zambia, in partnership with Shoprite Supermarkets, has launched a nationwide Scholarship Campaign that turns everyday toothpaste purchases of any two Colgate toothpaste into opportunities for Zambian children to stay in school through a share of scholarships and prizes worth a total of 800,000 Kwacha…
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Crime & Courts
Two Women Arrested in Mazabuka for Possession of Counterfeit Kwacha Notes
Two women from Lusaka have been taken into custody in Mazabuka after being caught trying to pass off fake K100 banknotes at a local market. Southern Province Police Commanding Officer Moono Namalongo stated that the arrest took place late Tuesday night, September 22, 2026, around…
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Politics
UPND’s Chipoka Mulenga wins Chingola West as NRPUP takes Kwacha
FORMER Minister of Commerce, Trade and Industry Chipoka Mulenga has won the Chingola West Constituency seat on the UPND ticket. Mulenga polled 9,995 votes and was declared winner by Chingola West Returning Officer Grace Mundia. NRPUP’s Borris Chansa came second with 9,944 votes, followed by…
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Business
Copper, zinc markets show signs of supply squeeze as Kwacha gains for third consecutive trading
Global base-metal markets continue to show signs of tight physical supply, particularly for copper and zinc, although some of the pressure eased towards the end of last week, according to Access Bank Group. The bank said copper and zinc remained firmly in backwardation, indicating continued…
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Business
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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Business
JCTR Warns High Cost of Living Could Worsen as El Niño Looms
The cost of living in Lusaka has continued to rise, with the Jesuit Centre for Theological Reflection—JCTR—reporting that its Basic Needs and Nutrition Basket increased to 12,000.94 Kwacha in August from 11,698.42 Kwacha in July, representing an increase of 302.52 Kwacha. The JCTR says the…
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Education
Govt Disburses K794M in School Grants
Government has disbursed 794 million Kwacha School grants to public schools across...
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Agriculture
More than K2Bn Paid Out to Farmers
Access Bank Zambia says more than 2 billion kwacha has been disbursed...
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Business
Treasury Releases K14.6 Billion in September
The Government released 14.6 billion kwacha in September to support public service...
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Business
Over 90% of Bureau trade is done in the US dollar – Bureau President
The Zambian Kwacha has in recent past
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Business
K2.7 Billion Released to FRA for Food Security
The Treasury has released 2.7 billion Kwacha to the Food Reserve Agency to support food security, as the government steps up financing of key agricultural interventions. Secretary to the Treasury Felix Nkulukusa says the allocation forms part of the 21.1 billion Kwacha released by the…
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Business
Government Clears K11M Debt With EPs Water Utility
Government has cleared off the 11.5-million Kwacha debt in unpaid water bills...
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Business
TEVETA Sponsors 16 Zambians for South Africa Apprenticeship
The Technical Education, Vocational and Entrepreneurship Training Authority (TEVETA) has set aside 16 million kwacha...
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Business
ERB cuts fuel prices for August as global oil falls
THE Energy Regulation Board has reduced pump prices for all petroleum products for August 2026, citing lower international oil prices and a weaker Kwacha. In a statement issued Friday, July 31, 2026, ERB Board Chairperson James Banda said the new prices take effect at midnight…
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Business
Cost of Living Eases as Basket Falls to K11,399
The cost of meeting basic household needs in Lusaka has eased, with the Jesuit Centre for Theological Reflection’s Basic Needs and Nutrition Basket for a family of five falling by more than six hundred Kwacha in September. The basket stood at ZMW 11,399.64, down from…
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Business
BoZ Cuts Reserve Requirements: What Does This Mean for You? By Prof. Lubinda Haabazoka
The Bank of Zambia (BoZ) has reduced the Statutory Reserve Ratio (SRR) on Kwacha deposits from 26% to 21%, effective 3 August 2026. At first glance, this sounds like technical banking language, but it is actually one of the most important monetary policy decisions made…
