Economy
Zambia becomes 56th member of OECD development center
Zambia has reportedly been admitted as the 56th member of the Organisation for Economic Cooperation and Development (OECD) Development Centre, marking a significant ...
Economy
Oryx, United Metro, Rubis, others sanctioned for breaching license conditions
The Energy Regulation Board (ERB) has penalized some oil marketing companies for breaching licence conditions and failing to pay outstanding statutory fees. ERB ...
Economy
Mines Minister, Kabuswe, confirms govt reviewing reintroduced 15% duty on emeralds, precious stones
Mines and Mineral Development Minister, Paul Kabuswe, has officially announced that government is reviewing the reintroduced 15 percent duty on emeralds and precious ...
Economy
World Bank grants Zambia $292 million for energy expansion through interconnector project
The World Bank has approved a $292 million grant to support Zambia’s energy sector through the Zambia-Tanzania Interconnector Project (ZTIP). The initiative aims ...
Economy
Mobile money transactions experience 9% growth, hit K345 billion by Q3 2024
The Bankers Association of Zambia (BAZ) has reported a nine percent growth in mobile money transactions, reaching K345 billion as of September 2024, ...
Economy
Zambia’s public debt reaches $25.3 billion, finance ministry confirms
Zambia’s public and publicly guaranteed debt has surged to US$25.3 billion as of September 2024, the Ministry of Finance has disclosed, citing financial ...
Economy
Zambia calls for increased private sector participation in Lobito corridor development
The Zambian government has called for increased private sector involvement in the Lobito Corridor to drive sustainable growth and economic development across the ...
Economy
Mine minister, Kabuswe, speaks on state of mining industry in Zambia, claims copper output surged by 12% in 2024 (Video)
Zambia’s copper production in 2024 reached 820,676.34 metric tonnes, a 12 percent increase from 732,583.45 metric tonnes recorded in 2023, according to Mines ...
Economy
ZNS claims over 1,000 bags of subsidised mealie-meal seized in Lusaka’s Mtendere township
The Zambia National Service (ZNS) on Tuesday reportedly seized over 1,000 by 25 kilogramme Eagles breakfast mealie meal stashed in retail shops in ...
Economy
Zambia urges Africa to rethink climate financing amid U.S. policy shift
The Zambian Parliamentary Caucus on Environment and Climate Change has urged African nations to prioritise local resource mobilization for climate change activities, warning ...
