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Category: Business News

Inflation Drops to 10.9 Percent

By Sharon Siame The annual inflation rate for November 2025 has slowed to 10.9 percent, down from 11.9 percent recorded in October 2025. Zambia Statistics

HICHILEMA Creates Special Drivers’ Desk

By Mwila Nsofu President HAKAINDE HICHILEMA has created a special desk for drivers at State House to address matters affecting them. President HICHILEMA says drivers

S&P Upgrades Zambia’s Credit Rating

By Masauso Mkwayaya Zambia’s credit rating has been upgraded to CCC+ / C from SD / SD, signalling renewed confidence in the Government’s debt management

Mealie-Meal Exports Hit 50,000 Tonnes

By Mariah Kalunga The Millers Association of Zambia –MAZ- says its members have exported over 50,000 metric tonnes of mealie-meal since August this year, when

ZDA Grants Licence for Ndola Oil Refinery

By Ruth Chayinda The Zambia Development Agency –ZDA- has issued an investment licence to China Zambia Petrochemical Energy Corporation Limited to establish a 1.1-billion-United-States-dollar crude

Zambia, Zimbabwe Sign Five Key MoUs

By Ruth Chayinda in Zambia & Mwangala Sakaumba in Zimbabwe Zambia and Zimbabwe have signed five Memoranda of Understanding in various sectors aimed at strengthening

Investors Eye Zambia’s Coal and Power Projects

By Masauso Mkwayaya President HAKAINDE HICHILEMA says the reforms that Government has undertaken across various sectors have created new investment opportunities that never existed before.

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