Economy
African Development Bank (AfDB) proposes critical minerals-backed currency to stabilise African markets
The African Development Bank (AfDB) has proposed a new currency system, similar to a “gold standard,” backed by critical minerals such as cobalt, ...
Economy
DRC war poses threat to trade relations in SADC, COMESA blocs —Simumba
Trade enthusiast, Trevor Simumba, has warned that trade within the Southern African Development Community (SADC) and Common Market for Eastern and Southern Africa ...
Economy
Copper prices rise for third straight day, hitting $9,187 per tonne
Copper prices rose for a third consecutive day on Wednesday reaching US$9,187 per tonne on the London Metal Exchange, supported by a weaker ...
Economy
Zambia, DRC seek greater control over metal trading profits
Africa’s top copper producers, Zambia and the Democratic Republic of Congo (DRC), are reportedly negotiating deals to secure a share of metal trading ...
Economy
Zambia’s capital market records 29.7% increase over 2023, closes 2024 with K216 billion capitalization
Zambia’s capital market closed 2024 with a market capitalisation of K216 billion, marking a 29.7 percent increase from the previous year, according to ...
Economy
Toyota reportedly explores non-automotive ventures in Zambia as Hichilema pushes for vehicle parts plant
Toyota is reportedly exploring opportunities beyond the automotive sector in Zambia, with potential investments in energy and pharmaceuticals, as President Hakainde Hichilema urges ...
Economy
IDC seals solar deal with Solarcentury Africa to co-develop 67-megawatt solar power plant in Zambia
The Industrial Development Corporation Limited (IDC) has reportedly signed a Heads of Terms agreement with Solarcentury Africa Limited to co-develop a 67-megawatt peak ...
Economy
ZICTA orders Airtel to pay K4 million in compensation to customers for internet disruption
The Zambia Information and Communications Technology Authority (ZICTA) has ordered Airtel Networks Zambia to pay K4 million in compensation to customers affected by ...
Economy
Cabinet approves Luapula-Kafue water transfer project study
Cabinet has approved the roadmap for a research study on the Luapula-Kafue Water Transfer Project and the formulation of a Comprehensive Water Development ...
Economy
Zambia confident Lobito corridor project will continue despite coming of Trump administration
Transport and Logistics Minister, Frank Tayali, is hopeful that the change of administration in the United States of America (US) would not derail ...
