Editor's Pick
Economy
Zambia, DRC to benefit from US support on manufacture, distribution of battery electric vehicle
Zambia and the Democratic Republic of Congo (DRC) will benefit from the technical support from the United States (US) government to develop the ...
Economy
Bankers group echoes fears on tougher business conditions, as cost of borrowing soars
Bankers Association of Zambia (BAZ) has said the cost of borrowing is expected to increase once the minimum statutory ratio is adjusted. On ...
Economy
Mines minister, Kabuswe, calls for action to develop Africa’s capacity for mineral exploration
Zambia’s Mines and Mineral Development Minister Paul Kabuswe says it is time for Africa to take action and focus on mineral exploration. Kabuswe ...
Editor's Pick
Zambia’s private sector returns to growth, first time in 4 months —Stanbic PMI
Zambia’s business conditions have improved for the first time in four months and the most pronounced since December 2021. This reflected renewed expansions ...
Economy
Standard Chartered, UNDP partner to promote 2030 SDGs
A partnership aimed at promoting collaboration on sustainable finance and advancement of Sustainable Development Goals (SDGs) in Zambia has been signed between Standard ...
Economy
Bank of Zambia moves to prevent further fall in Kwacha value, as poor run persists
The Bank of Zambia (BoZ) has acted to address Kwacha volatility by adjusting the minimum statutory ratio on both local and foreign currency ...
Economy
Indo Bank boosts transport sector with extension of auto finance loans, as credit portfolio hits K4 billion
An agreement meant to boost the participation of local transporters in the economy has been signed between Indo Zambia Bank (IZB) and Massbreed ...
Economy
Fuel to sell for K27:22, as Zambia’s energy regulator, ERB, announces new prices
The Energy Regulation Board (ERB) has increased fuel pump prices by an average 11 percent for the month of February, 2023. The regulator ...
Economy
Zambia renews hope in Batoka hydro power project, as funding stalls progress
Zambia’s Finance Minister Situmbeko Musokotwane has said Zambia’s ambitious target of reaching three million tonnes of copper production in a decade will require ...
Editor's Pick
Patriotic Front suspends lawmaker, Miles Sampa, over attack on presidential candidates
The Patriotic Front (PF) has suspended Matero Member of Parliament Miles Sampa from the central committee after he allegedly issued disparaging remarks against ...