ZESCO’s 2024 Integrated Annual Report has revealed that the company recorded a 9 per cent increase in turnover, from K28.3 billion to K30.8 billion. According to the report, this growth was mainly driven by increased... […]

ECONOMIST Dr Lubinda Haabazoka says the Central Bank’s decision to require domestic transactions to be settled exclusively in local currency should be understood as a stabilisation measure rather than a restriction on economic activity. Recently,... […]

BoZ issues currency directives, reinforcing Kwacha use in domestic business transactions By Elijah Munkombwe THE Bank of Zambia (BoZ) has issued the Currency Directives, reinforcing the legal requirement that all domestic transactions be settled in... […]

THE Auditor General’s Report on Parastatal Bodies for the financial year ended 31st December 2024 has revealed that TAZAMA spent over K3 million on a drone that was non-functional. The Report revealed that due to... […]

THE annual inflation rate for December 2025 has increased by 0.3 percent at 11.2 percent from 10.9 percent recorded in November, 2025. Speaking during a press briefing, Wednesday, Zambia Statistics Agency (ZamStats) Acting Statistician General... […]

THE Economy in the third quarter of 2025 grew by 3.6 percent from 2.7 percent in the third quarter of 2024. Speaking during a press briefing, Wednesday, Zambia Statistics Agency (ZamStats) Acting Statistician General Sheila... […]

THE Zambia Institute of Chartered Accountants (ZICA) says there is need to hold government accountable and ensure it does not contract new debt. ZICA also says there is need for periodic disclosure to Parliament of... […]

THE Civil Society for Poverty Reduction (CSPR) says the staff-level agreement reached between the IMF and government on the sixth and final review confirms meaningful progress in restoring macroeconomic stability. Last week the IMF announced... […]

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... […]