Business

Musokotwane confident new AFDB president will take bank to higher heights

By Staff Reporter Finance minister Dr Situmbeko Musokotwane has expressed confidence that the newly elected Africa Development Bank President Dr Sidi Ould Tah will take the bank to higher heights.…

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Economist urges protection of bumper harvest 

By Chinoyi Chipulu  Economist Kelvin Chisanga says Zambia urgently needs to address the adverse effects of post-harvest losses on agricultural output as it impacts both farmers and the broader economy.…

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ZamStats attributes reduced inflation to food and non-food price reductions

By Jane Chanda  Zambia Statistics Agency (ZamStats) chief statistician Nakazwe Daka has announced that the country’s annual inflation rate eased to 15.3 percent in May 2025, down from 16.5 percent…

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Judge HH on how he’s navigated country, rather than just infrastructure development – Haabazoka

By Jane Chanda  Former Economics Association of Zambia (EAZ) president Lubinda Haabazoka has rated President Hakainde Hichilema at 95 percent in terms of reforming public finances, with debt restructuring almost complete…

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Zambia yet to reap significant benefits from revamped mining – Mulenga

By Jane Chanda  Minister for Commerce, Trade and Industry Chipoka Mulenga says the ministry remains committed towards driving growth in Zambia’s mining and agriculture sectors despite challenges in realising significant…

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Cost of living will only reduce if Zambia grows economy – BoZ Governor

By Mubanga Mubanga  Bank of Zambia (BoZ)  Governor Denny Kalyalya says the cost of living will come down in Zambia if the country grows the economy.  And the Bank of Zambia…

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ZACA hopes reduction in mealie-meal prices is sustainable 

By Jane Chanda  The Zambia Consumer Association (ZACA) says the bumper harvest is likely to excite high-profile individuals to start exporting maize without considering the local market, a scenario that…

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Current mining model not benefiting Zambia – Dodia

By Jane  Chanda  Economic analyst Yusuf Dodia says the current mining model does not adequately benefit the Zambian people.  And Dodia says despite the ongoing energy crisis, the economy was…

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Zambia records 4 million tones maize supply for 2024/35

By Mubanga Mubanga  Acting Agriculture minister Sylvia Masebo says Zambia is estimated to record the maize supply of over 4 million matric tonnes in the 2024/2025 farming season. Speaking during…

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Banks project different Kwacha outlook 

By Jane Chanda   ABSA Bank says the Zambian Kwacha may remain under pressure in the near term due to limited foreign currency inflows and strong demand for the United…

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