Economy
Saudi Mining giant, Manara Minerals, reportedly set to acquire $2 billion stake in FQM
Manara Minerals, a joint venture between Saudi Arabia’s Ma’aden and the country’s US$925 billion Public Investment Fund, is reportedly in advanced talks to ...
Economy
Agric Minister, Phiri, outlines govt plans to raise over $900 million to support value chain investments
Agriculture Minister, Reuben Phiri, has outlined Zambia’s ambitious plans to raise over US$900 million in investments across four value chains namely maize, soybean, ...
Economy
Canadian company reports positive results from Zambia’s Muntanga uranium project feasibility study
GoviEx Uranium, a Canadian mining company, has announced positive results from its feasibility study for the Muntanga uranium project, located in Zambia’s Southern ...
Economy
ZRA claims K17.8 billion owed in VAT refunds, mining industry leads with 87%
The Zambia Revenue Authority (ZRA) has confirmed that it owes K17.8 billion in unpaid Value Added Tax (VAT) refunds across all sectors, with ...
Economy
Hichilema pledges increased funding for research, innovation to boost economy
President Hakainde Hichilema has pledged greater investments in research and development to enhance Zambia’s economic standing. The President’s remarks came during the launch ...
Economy
ZEMA approves 116 projects worth $1.91 billion; energy, mining sectors lead
The Zambia Environmental Management Agency (ZEMA) has approved 116 out of 121 projects, representing a total investment of US$1.91 billion, with the mining ...
Economy
Czech Republic to invest €3 million annually in Zambia’s economy until 2030
The Czech Republic has committed to investing €3 million per year in Zambia’s economy from 2024 until 2030, focusing on sectors such as ...
Economy
PWC projects Zambia’s copper production will fall short of govt’s 2031 targets
Price Waterhouse Coopers (PWC) has projected that Zambia will only produce about 1.7 million metric tonnes of copper by 2031, falling short of ...
Economy
Bank of Zambia to phase out cheques by 2025, cites decline in usage, fraud concerns
The Bank of Zambia (BoZ) has announced plans to phase out cheques by December 31, 2025, following a significant decline in their usage ...
Economy
Govt targets K1 billion in unremitted non-tax revenue, sets October deadline
The Zambian government is intensifying efforts to recover more than K1 billion in unremitted non-tax revenue, as identified in the Auditor General’s report. ...
