THE Economics Association of Zambia (EAZ) has welcomed the Bank of Zambia’s decision to reduce the Monetary Policy Rate (MPR) by 250 basis points, from 13.25 percent to 10.75 percent. And EAZ says oil prices... […]

BANK of Zambia Deputy Governor Dr Francis Chipimo says the Central Bank has raised about K300 million from Investrust Bank assets, which will be distributed in line with the law. In July 2024, the Central... […]

PREMIER Rating Services Ltd (PRS) says Zambia Industrial Commercial Bank (ZICB) has maintained its long-term Credit Rating of ‘A’ and Short-Term Rating of ‘1’. The assessment covered the bank’s performance from January 2023 to December... […]

MINISTRY of Energy Permanent Secretary Arnold Simwaba says government is likely to exceed its 1,000-megawatt solar target for this year, citing increased appetite for investment from the private sector. As part of efforts to diversify... […]

THE Association of Mine Suppliers and Contractors says few Zambian companies are benefiting from the Local Content law, as some foreign companies have found ways to benefit from it. Association president Costa Mwaba says some... […]

THE Bank of Zambia (BoZ) has reduced the Monetary Policy Rate by 250 basis points to 10.75 percent from 13.25 percent. And BoZ says as of July 2026, gross international reserves stood at US$6.0 billion,... […]

GOVERNMENT has commenced discussions with an International Monetary Fund (IMF) mission on a successor programme under the Extended Credit Facility (ECF). Government says the programme seeks to build on restored macroeconomic stability while accelerating investment,... […]

THE Energy Regulation Board (ERB) has announced an increase in petrol and diesel prices by over K6 per litre following the reinstatement of excise duty, after the expiry of the tax waiver. The increase has... […]

THE Food Reserve Agency (FRA) says it has purchased over two million metric tonnes of maize from farmers since it opened its depots in July this year. FRA Board Chairperson Suresh Desai says the Agency... […]

OIL Marketing Companies Association of Zambia president Dr Kafula Mubanga has urged government to restructure the TAZAMA Open Access policy to enable local OMCs to benefit from the framework. Last Friday, Ministry of Energy Permanent... […]