Economy
Zambia Metrology Agency begins 2025 statutory verification for petroleum measuring instruments
The Zambia Metrology Agency (ZMA) has reportedly initiated its 2025 first-half Statutory Verification exercise for all measuring instruments used in the petroleum sub-sector. ...
Economy
Gemfields decries reinstatement of 15% export duty on emeralds, laments lack of consultation
Gemfields, the majority owner of Kagem Mining Limited, has criticized the Zambian government’s decision to reintroduce a 15 percent export duty on emeralds, ...
Economy
Zambia-China trade hits $6.08 billion as exports surge to $4.82 billion by November, 2024
Zambia’s exports to China climbed to US$4.82 billion as of November 2024, surpassing the US$4.3 billion recorded in 2023, thanks to robust economic ...
Economy
Lusaka Securities Exchange reportedly closes 2024 with over K216 billion market capitalization
The Lusaka Securities Exchange (LuSE) ended 2024 with a market capitalisation of over K216 billion, marking a significant 144 percent increase from the ...
Economy
World Bank to review developing economies’ performance, prospects
The World Bank Group is this month set to review the performance of emerging and developing economies such as Zambia’s since 2000 and ...
Economy
ZESCO adopts cautious approach on power generation despite Lake Kariba water level rise
Zambia’s power utility company, ZESCO, has maintained its cautious stance on increasing power generation at Lake Kariba despite a slight rise in water ...
Economy
Fuel shortages grip Luanshya, disrupts socio-economic life; former mayor, Chanda, demands action
A fuel shortage has gripped Luanshya District in the Copperbelt Province, disrupting daily activities and affecting the local economy. Former Luanshya Mayor, Nathan ...
Economy
Nkombo declares 45 district councils ratable areas to boost revenue generation
Minister of Local Government and Rural Development, Gary Nkombo, has declared 45 district councils as ratable areas through a Statutory Order, a significant ...
Economy
Lusaka City Council secures conviction of 23 vendors for illegal street trading, waste disposal
The Lusaka City Council (LCC) has secured the conviction of 23 vendors for illegal trading and improper waste disposal in the Central Business ...
Economy
Kariba lake levels reportedly rise though not enough to positively impact energy crisis
The Kariba Lake water levels have steadily risen due to consistent rainfall over the reservoir and its surrounding catchment areas. According to the ...