Economy
Private sector reportedly records fastest growth since July 2023
Zambia’s private sector showed signs of recovery as the Purchasing Managers’ Index (PMI) rose to 50.8 in December, up from 49.2 in November. ...
Economy
AfDB grants Zambia $13.2 million for water, sanitation projects
The African Development Bank (AfDB) has provided Zambia with a US$13.2 million grant to fund the “Improving Access and Strengthening Innovations for Water, ...
Economy
Canadian firm, GoviEx identifies Muntanga project as pivotal in its uranium investment portfolio
Canadian mining firm GoviEx has identified its Muntanga Project in Zambia’s Southern Province as a transformative venture, marking 2024 as a pivotal year ...
Economy
Lusaka Securities Exchange records upbeat performance in first week of 2025
Equity trading on the Lusaka Securities Exchange (LuSE) saw a significant boost during the week of January 3, 2025, with turnover rising to ...
Economy
Zambia enacts new quantity surveyors bill to modernize profession
The Zambia Institute of Quantity Surveyors (ZIQS) Bill has been officially enacted into law, marking a significant step forward in the regulation and ...
Economy
ZESCO reports sharp rise in property losses for December, 2024
ZESCO Limited has reported a sharp increase in property losses for December 2024, totaling K7,457,538.99, up from K5,701,599.15 in November. Company spokesperson, Matongo ...
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 ...