Economy
Zambia’s inflation rate hits 16.5%, as trade deficit doubles to K3.1 billion
Zambia’s annual inflation surged to 16.5 percent in November, 2024, up from 15.7 percent in October, driven primarily by rising food prices, particularly ...
Editor's Pick
EFF demands reversal of 51% share allocation to IRH in Mopani Copper mines deal
The Economic Freedom Fighters (EFF) party has called on the government to reverse the allocation of 51 percent shares in Mopani Copper Mines ...
Editor's Pick
GreenCo secures $55.5 million to finance power imports, address Zambia’s energy crisis
Africa GreenCo Group has reportedly signed a US$55.5 million facilities agreement with Stanbic Bank Zambia and the Standard Bank of South Africa Limited ...
Economy
Zambia’s capital market remains resilient to close at K171.9 billion in September
Zambia’s capital market has demonstrated capacity for growth, supported by a relatively stable exchange rate a factor that is beneficial to the industry. ...
Economy
Zambian Kwacha rebounds against US dollar in Tuesday trading
The Zambian Kwacha rebounded on Tuesday against the United States dollar in the spot market, according to Bloomberg data. However, this rebound was ...
Editor's Pick
Sampa abandons legal challenge in PF’s leadership tussle, as Registrar of Societies recognizes Chabinga
In a dramatic twist in the Patriotic Front (PF) leadership saga, PF faction president Miles Sampa has withdrawn his legal challenge against Robert ...
Editor's Pick
Zambia’s Banda named BBC Women’s Footballer of the year
Zambia Women National Team captain and Orlando Pride striker, Barbra Banda has been named BBC Women’s Footballer of the Year 2024. Banda is ...
Economy
Power outage traps miners as ZESCO returns to 3 hours load shedding
ZESCO, Zambia’s power utility company, has announced the resumption of three to five-hour load shedding starting Monday, November 25, 2024. The decision follows ...
Economy
Zambia experiences nationwide blackout, hospitals badly hit
Zambia was plunged into total darkness on Sunday, November 24, 2024, following a national power outage, authorities have confirmed. Reports indicated that major ...
Economy
Group warns of uncertain future for Zambia’s agriculture sector
The Small-Scale Farmers Development Agency (SAFADA) has raised concerns about the future of the agricultural sector, stating that its outlook over the next ...
