Business

TAIFA Group, one of the private investments in East Africa says it plans to invest over $500 million in Zambia with regards to gas distribution, power generation and contract mining. In a statement, Group Chairman... […]

THE Zambia Revenue Authority (ZRA) says it has concluded 542 out of the 1,294 cases of suspected illicit financial flows, with tax revenue collections of K39 million since 2022. ZRA Commissioner General Dingani Banda identified... […]

ZESCO Limited has partnered with Jigsaw Investments, under JIGSCO Energy, to put up a 100-megawatt (MW) solar photovoltaic (PV) plant in Siavonga District, Southern Province, at an estimated cost of $80 million. Zesco says the... […]

THE International Monetary Fund (IMF) has announced that it has reached a staff-level agreement on the sixth and final review under the 38-month Extended Credit Facility (ECF) with Zambia. This means that subject to approval... […]

THE Zambia Revenue Authority (ZRA) has seized six trucks carrying assorted smuggled alcoholic beverages with a revenue loss of over K4.4 million. In a statement, ZRA Corporate Communications Manager Oliver Nzala said the interceptions were... […]

ECONOMIST Dr Lubinda Haabazoka says the increase of power supply to 10 hours will have a positive impact on businesses as the festive season approaches. Commenting on the recent indication by government that power supply... […]

THE National Association for Smallholder Farmers (NASFA) has projected that the country will produce over 4 million tonnes of maize in the 2025/2026 farming season as a result of high e-voucher subscription under FISP, if... […]

ZAMBIA Sugar PLC has disclosed its intention to expand production from the current 400,000 metric tonnes to 500,000 metric tonnes. Zambia Sugar adds that it is currently implementing projects valued at $132 million. Speaking at... […]

GOVERNMENT has announced the completion of the construction of the Mumbwa Mineral Market Centre. Government further says the contractor undertaking the construction of the Rufunsa Mineral Market Centre has made significant progress, with prefabricated materials... […]

STANDARD Chartered Bank has disclosed that it recorded a profit after tax of K162 million in the first six months of 2025. In an interview, Tuesday, Standard Chartered Bank Chief Executive Officer Sonny Zulu said... […]