Business

THE Energy Regulation Board (ERB) has announced a reduction in pump prices for diesel to K32.11 from K33.99, while petrol has been maintained at K27.15. In a statement, Sunday, ERB Board Chairperson James Banda said... […]

ZAMBIA has launched a tender offer to repurchase its US$1.36 billion fixed-rate step-up amortising notes due in 2053, a move described as a decisive step forward following the country’s successful debt restructuring in 2024. Economist... […]

ZAMBIA has concluded its participation at the 2026 African Development Bank (AfDB) Annual Meetings with renewed confidence in the country’s economic reforms, investment prospects and role in Africa’s development agenda. In a statement issued, Saturday,... […]

THE Ministry of Commerce, Trade and Industry has warned individuals and companies against the abuse and illegal sale of sulphuric acid export permits, stating that offenders risk having their permits revoked and facing legal action.... […]

GOVERNMENT has flagged off phase one of a solar mini-grid donation from China that will see 49kW solar PV systems with 130kWh battery storage installed at 13 public institutions in Kaumbwe Constituency, Eastern Province. The... […]

THE annual inflation rate for May 2026 has dropped by 0.2 percentage points, from 6.8 percent recorded in April to 6.6 percent. The Zambia Statistics Agency (ZamStats) has also disclosed that the national average price... […]

DR Situmbeko Musokotwane has scooped the Minister of Finance of the Year award at the 20th edition of the African Banker Awards held in Brazzaville, Republic of Congo. In his acceptance speech, Dr Musokotwane said... […]

FIRST Quantum Minerals (FQM) says it generated a total direct contribution of US$3.459 billion to Zambia’s economic growth in 2025, representing a 30 per cent increase from 2024. And FQM says the company contributed US$901.6... […]

ZCCM-IH has announced that it has entered into a US$30 million joint venture agreement with Wonderful Group of Companies Limited to restore industrial-scale lime and cement production in Ndola. Under the agreement, Wonderful Group will... […]

THE Centre for Trade Policy and Development (CTPD) has warned that government’s plan to finance part of the 2026 supplementary budget through domestic borrowing risks worsening Zambia’s debt-service pressures. In a statement, Thursday, CTPD Public... […]