Business, markets, companies, mining, banking, economy, and entrepreneurship in Zambia.
Zambia’s Ambassador to China, Ivan Zyuulu, has reaffirmed the government’s commitment to promoting investment, value addition, industrialization, and economic diversification as key pillars for accelerating sustainable economic growth. Ambassador Zyuulu made the remarks during a meeting with representatives of China Pingmei Shenma Holding Group at the Embassy of the Republic of Zambia in Beijing. The […]
Employers are publishing job posts with simpler application flows for candidates on phones.
A fire in the early hours of Thursday destroyed three makeshift restaurants and an electronics shop at New Soweto Market, police said. Police spokesperson Godfrey Chilabi said officers at Lusaka Central Police Station and New Soweto Police Post received a report from market secur
By Prof Lubinda Haabazoka Zambia has achieved a significant economic milestone following the announcement that the country’s gross international reserves have reached a historic high of US$6.5 billion. This development is not merely a statistical achievement for economists and fi
THE Bank of Zambia lowered its Monetary Policy Rate by 25 basis points to 13.25 percent, citing improved inflation prospects and a stable kwacha. Governor Denny Kalyalya said the Monetary Policy Committee considered an expected favorable maize harvest and relative stability in th
Several traders at New Soweto Market suffered losses in the early hours of today after a fire destroyed a number of businesses near Namununga School opposite the market. The fire reportedly broke out around 03:00 hours and destroyed three makeshift restaurants and an electronics
AMOS KAWISHA Solwezi BARRICK Lumwana Mine has started constructing 2,000 houses for employees following the expansion of its operations. The mining giant has also concluded compensation procedures for 217 affected households. Barrick Lumwana Mine resettlement manager Mwango Mulam
MATHEWS MALAZIKA Lusaka GOVERNMENT has amended the definition of ‘public gathering’ from three people contained in the Public Order Act to seven in the Public Gathering Bill. Acting Leader of Business in the House Jack Mwiimbu said the amendment follows the public outcry and plea
By Hans Buchmann The Zambian Kwacha has been performing remarkably well against major international currencies, and in my view, this is not happening by chance. The strengthening of the Kwacha reflects growing confidence in Zambia’s leadership and governance. Investors are increa
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