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Category: Business News

Digital Transactions Surge to 452 Billion Kwacha

By Doreen Chembe President HAKAINDE HICHILEMA says Zambia’s fast-growing digital payments system must now move beyond processing transactions. Transaction values grew from 22 billion kwacha

EU to Observe 2026 Polls

By Honester Mshoka The Government has welcomed the European Union’s decision to deploy an Election Observation Mission as Zambia prepares for the 2026 General Election.

Zambia, Tanzania Resolve 14 Trade Barriers

Zambia and Tanzania have resolved 14 out of 24 reported trade barriers to ensure the smooth facilitation of trade between the two countries. Among the

ZAFFICO Invests $7 Million in Kalulushi Sawmill Plant

The Zambia Forestry and Forest Industries Corporation (ZAFFICO) has invested over seven million United States dollars in establishing a state‑of‑the‑art sawmill processing plant in Kalulushi.

$145,000 Seized as ZRA Probes Gatbro Entities

By Nyambe Nalishebo The Zambia Revenue Authority (ZRA) has launched investigations into alleged multiple tax evasion and related financial irregularities involving Gatbro International Limited and

BOZ Cuts Monetary Policy Rate to 13.5%

By Sharon Siame The Bank of Zambia (BOZ) has reduced the Monetary Policy Rate to 13.5 percent. Governor Dr. Denny Kalyalya said the decision was

480 Hectares Set Aside for Solar Projects

By Doreen Chembe Government has secured 480 hectares of land for the Presidential Constituency Energy Initiative, as part of efforts to expand the country’s energy

Zambia to Build Seven Modern Border Posts

By Mark Ziligone The Government has announced plans to build seven modern border posts between Zambia and the Democratic Republic of Congo to improve trade,

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