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Category: Business News

Zambia Signs Amended AVIC Debt Deal

By Ellen Hambuba Zambia has signed an amended debt agreement with AVIC International Project Engineering Company, marking further progress in the country’s external debt restructuring

BoZ Records K300 Million in Digital Fraud

By Gift Mwanza The Bank of Zambia has recorded Digital Financial Services-related fraud cases amounting to 300 million kwacha from 2020 to date. Central Bank

Zambia Records Sharp Rise in Mining Licences

By Masauso Mkwayaya & Report by Rosemary Kamanga Government issued 2,175 mining licences in 2024, marking a sharp increase compared to the 190 licences granted

Zambia, China Strengthen Trade and Investment Ties

By Patricia Banda Government has expressed appreciation for Chinese investment in Zambia and its contribution to the country’s economic development. Commerce, Trade and Industry Minister

Kawambwa to Host Major Solar Plant

By Mary Kachepa Construction of a 50-megawatt solar plant and a 100 megawatt-hour Battery Energy Storage Project is expected to begin in March 2026 in

Sakania Border Post Nears Early Completion

By Musenge Mulimba The new Sakania Border Post is expected to be completed ahead of schedule. Copperbelt Minister ELISHA MATAMBO says construction works are likely

Zambia, DRC Advance Mealie Meal Trade Talks

(NAIS) Government says discussions with the Democratic Republic of Congo –DRC- on the export of mealie meal and other maize products have reached an advanced

Underweight Bread Confiscated in Kalingalinga

By Doreen Chembe The Zambia Metrology Agency –ZMA- has confiscated around 100 loaves of bread from YATU BAKERY in Lusaka’s Kalingalinga township after inspectors found

Analysts Cite Factors Behind Kwacha Rise

By Ellen Hambuba The Zambian Kwacha has recorded a strong performance this week, posting notable gains against the United States dollar. Interbank market rates show

Government to Conclude IMF Facility

By Ellen Hambuba / Mary Kachepa Government has announced plans to conclude Zambia’s current International Monetary Fund –IMF-supported programme and promptly begin discussions on a

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