Business

GOVERNMENT SUSPENDS EXPORT DUTY ON PRECIOUS STONES AND METALS

GOVERNMENT SUSPENDS EXPORT DUTY ON PRECIOUS STONES AND METALS

The Zambian government has officially suspended the 15 percent export duty on precious stones and metals through Statutory Instrument (SI)…
WHAT TO KNOW ABOUT THE NEW BOZ CURRENCY CHANGES

WHAT TO KNOW ABOUT THE NEW BOZ CURRENCY CHANGES

Zambia’s currency has evolved significantly since the country gained independence in 1964. The Kwacha, introduced in 1968 to replace the…
HH WANTS TOYOTA TO BUILD PARTS PLANT IN ZAMBIA

HH WANTS TOYOTA TO BUILD PARTS PLANT IN ZAMBIA

President Hakainde Hichilema has called on Toyota Tsusho Corporation to establish a parts manufacturing plant in Zambia, aiming to integrate…
NEW PHOSPHATE PLANT BRINGS PROMISE OF JOBS AND AGRICULTURAL GROWTH TO LUSAKA

NEW PHOSPHATE PLANT BRINGS PROMISE OF JOBS AND AGRICULTURAL GROWTH TO LUSAKA

On January 24, 2025, Zambia marked a transformative moment in its agricultural and industrial development as Sino Great Chemical Limited…
ZDA REPORTS $9.3 BILLION WORTH OF INVESTMENTS IN 2024

ZDA REPORTS $9.3 BILLION WORTH OF INVESTMENTS IN 2024

The Zambia Development Agency (ZDA) has announced a remarkable milestone in the country’s economic growth, revealing that a total of…
BOZ DISMISSES HICHILEMA-TSHISEKEDI $20M ALLEGATION

BOZ DISMISSES HICHILEMA-TSHISEKEDI $20M ALLEGATION

The Lusaka Magistrate Court was informed that the Bank of Zambia’s advanced electronic monitoring system found no evidence to support…
OMCAZ CONFIRMS ZAMBIA HAS SUFFICIENT FUEL STOCKS

OMCAZ CONFIRMS ZAMBIA HAS SUFFICIENT FUEL STOCKS

The Oil Marketing Companies Association of Zambia (OMCAZ) has assured the nation that the current fuel stocks are sufficient to…
LUSAMBO AGREES TO REPAY K560,000 TO SWINDLED BUSINESS PARTNER

LUSAMBO AGREES TO REPAY K560,000 TO SWINDLED BUSINESS PARTNER

Former Lusaka Province Minister Bowman Lusambo has agreed to repay K560,000 to businessman James Kayula. The agreement comes after Mr.…
ERB ASSURES NATION OF STABLE FUEL SUPPLY AMID RISING CONCERNS

ERB ASSURES NATION OF STABLE FUEL SUPPLY AMID RISING CONCERNS

The Energy Regulation Board (ERB) has reassured Zambians that the country currently has a sufficient fuel stock to meet national…
PAUL KASONKOMONA’S FAKE DOLLARS FAILED TESTS – COURT HEARS

PAUL KASONKOMONA’S FAKE DOLLARS FAILED TESTS – COURT HEARS

Lusaka Magistrate Court has heard that $100 notes amounting to 1.6 million dollars, allegedly found in possession of Human Rights…
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