Economy
Expert warns of high risks for foreign mining companies in Africa
Timothy Foden, a Partner and Co-Head of the arbitration group at Boies Schiller Flexner, has warned that the risks for foreign mining companies ...
Economy
IMF projects Zambia’s GDP growth for 2025 at 6.6 percent
The International Monetary Fund (IMF) has named Zambia as among top 10 sub-Saharan African countries projected to have the highest Gross Domestic Product ...
Economy
Tax expenditure key to economic growth, revenue generation, says Finance Minister, Musokotwane
Finance and National Planning Minister, Situmbeko Musokotwane, has highlighted the long-term benefits of granting tax expenditures, stating that while they may reduce immediate ...
Economy
KoBold reportedly raises $537 million for its copper, cobalt exploration projects
KoBold Metals has reportedly raised $537 million in Series C equity funding, boosting its post-money valuation to $2.96 billion. The funding will support ...
Economy
Mineworkers union laments rising cost of living, highlights energy crisis as 2024’s key challenge
The Mineworkers Union of Zambia (MUZ) has expressed deep concern over the persistent high cost of living, worsened by frequent load shedding and ...
Economy
Agriculture ministry warns against input-for-cash scams, threatens tough action
The Ministry of Agriculture has raised concerns over the growing malpractice of agro-dealers colluding with farmers to exchange agricultural inputs for cash, contrary ...
Economy
Petrol price jumps by K1, now selling at K34.67; diesel price unchanged at K32.43
The Energy Regulation Board (ERB) has announced an increase in petrol prices for January 2025, while maintaining the price of diesel and other ...
Economy
Jobs at stake as Lactalis, producers of Parmalat products, announces shutdown of Zambian plant
Lactalis Zambia, the producers of Parmalat products, has announced plans to shut its Zambian manufacturing operations, opting to import products from South Africa ...
Economy
Standards body reports rise in market compliance to 93.4% in 2024, notes 0.8 decline among manufacturers
The Zambia Compulsory Standards Agency (ZCSA) has reported an increase in market compliance, with standards rising from 92.8 percent in 2023 to 93.4 ...
Economy
Missions abroad tasked to be prudent, impactful in application of public resources
The Zambian government has called for prudent utilization of public resources across all missions abroad and the attainment of zero audit queries from ...
