Economy
AfDB approves $14.5 million for Garneton North solar project to boost Zambia’s renewable energy expansion
The Board of Directors of the African Development Bank (AfDB) has approved a US$14.54 million financing package to support the Garneton North 20-megawatt ...
Economy
Zambia Revenue Authority strengthens integrity drive with new investigators
The Zambia Revenue Authority (ZRA) has reportedly intensified its integrity and anti-corruption efforts by recruiting a team of expert investigators to strengthen transparency, ...
Economy
ZANACO set to issue Zambia’s first-ever US$50 million sustainability bond
The Zambia National Commercial Bank (ZANACO) has announced plans to issue a US$100 million bond, in a landmark move aimed at supporting Zambia’s ...
Economy
Zambia strengthens trade ties with DRC m, as exports exceed US$1.2 billion
Government has reaffirmed that the Democratic Republic of Congo (DRC) remained one of Zambia’s most significant trading partners, with exports surpassing USD 1.2 ...
Economy
Relief for consumers as Kwacha gains drive down Nov. fuel pump prices; petrol to sell for K28.97 per litre
The Energy Regulation Board (ERB) has announced a reduction in fuel pump prices for the month of November, attributing the adjustment to the ...
Economy
Zambia’s capital market up 10%, investor base tops 1.2 million, says Securities and Exchange Commission
Zambia’s capital market maintained strong momentum in the third quarter of 2025, posting notable gains in equities and sustained growth in Collective Investment ...
Economy
Food agency closes 2025 crop marketing season after maize purchases said to be ‘highest in history’
The Food Reserve Agency (FRA) has closed the 2025 crop marketing season after purchasing 1,659,368 metric tonnes of Grade A white maize—equivalent to ...
Economy
Procurement authority suspends Ngotash for one year over alleged contract underperformance
The Zambia Public Procurement Authority (ZPPA) has suspended Ngotash Enterprises Limited from participating in public procurement for one year over underperformance in fulfilling ...
Economy
Inflation dips to 11.9% in October as trade surplus declines to K0.4 billion
Zambia’s annual inflation rate for October 2025 has eased to 11.9 percent from 12.3 percent recorded in September, according to the latest monthly ...
Economy
AfDB bars Chinese firm for 36 months over reported fraud in Zambia power project
The African Development Bank Group (AfDB) has debarred Hangzhou Fuchuan Electric Equipment Co., Ltd., a Chinese construction company, for 36 months after finding ...
