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Business

ZDA HANDS OVER OPERATION LICENSES TO 13 CHINESE INVESTORS

ZDA HANDS OVER OPERATION LICENSES TO 13 CHINESE INVESTORS

The Zambia Development Agency has handed over 13 licenses to 13 Chinese companies for the commencement of operations at the…
NATIONAL FUEL EMERGENCY: GOVERNMENT RESPONDS TO SUPPLY CRISIS

NATIONAL FUEL EMERGENCY: GOVERNMENT RESPONDS TO SUPPLY CRISIS

The Zambian Government has declared the current fuel supply situation an emergency. As a result, the Government has approved the…
FUEL PRICES INCREASE AS GOVERNMENT SUSPENDS EXCISE DUTY AND VAT

FUEL PRICES INCREASE AS GOVERNMENT SUSPENDS EXCISE DUTY AND VAT

The Energy Regulation Board has increased fuel pump prices for April 2026, with diesel, kerosene and Jet A-1 recording significant…
24-HOUR ZAMBIA: GOVT ENDS NIGHT TRAVEL RESTRICTIONS

24-HOUR ZAMBIA: GOVT ENDS NIGHT TRAVEL RESTRICTIONS

The government says it will roll out the first phase of the 24-hour economy by lifting the night travel ban…
DIESEL SHORTAGE DELAYS BUS DEPARTURES AT INTERCITY TERMINUS

DIESEL SHORTAGE DELAYS BUS DEPARTURES AT INTERCITY TERMINUS

Transporters operating at the Lusaka intercity bus terminus have raised concern over the ongoing diesel shortage, saying it is negatively…
HH DIRECTS GOVT AGENCIES TO INVESTIGATE FUEL HOARDING

HH DIRECTS GOVT AGENCIES TO INVESTIGATE FUEL HOARDING

President Hakainde Hichilema has directed the Energy Regulation Board and law enforcement agencies to immediately investigate suspected fuel hoarding following…
INFLATION DROPS TO 7.1 PER CENT IN MARCH

INFLATION DROPS TO 7.1 PER CENT IN MARCH

The Zambia Statistics Agency has announced that annual inflation has reduced to 7.1 percent in March 2026, down from 7.5…
GOVERNMENT TO ROLL OUT 24-HOUR ECONOMY IN PHASES

GOVERNMENT TO ROLL OUT 24-HOUR ECONOMY IN PHASES

Government says the implementation of a 24-hour economy is attainable and necessary to accelerate Zambia’s economic growth and create more…
ZAMBIA, FINLAND PARTNERSHIP ESSENTIAL FOR MINING AND ENERGY SECTORS

ZAMBIA, FINLAND PARTNERSHIP ESSENTIAL FOR MINING AND ENERGY SECTORS

Finland Ambassador to Zambia, Saana Halinen says interest in the Zambian market among Finnish companies is growing steadily, with 15…
GOVERNMENT RESTRUCTURED €94.6 MILLION DEBT WITH ITALY, EXTENDS MATURITY TO 2043

GOVERNMENT RESTRUCTURED €94.6 MILLION DEBT WITH ITALY, EXTENDS MATURITY TO 2043

Government has signed an agreement with Italy to restructure a €94.6 million debt facility, extending the repayment period from 2027…
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