LuSE Ends Session Higher as Select Counters Record Gains
The Lusaka Securities Exchange (LuSE) closed Wednesday’s trading session on a positive note, with the All Share Index (LASI) rising by 0.09 percent to settle at 26,364.66 points, supported by gains in a handful of counters. A total of 487 trades were recorded in Kwacha-denominated equities, with 49,627 shares changing hands, generating a market turnover…
Zambia Courts Turkish Investment to Boost Economic Diversification
The Zambian government is intensifying efforts to attract Turkish investment as part of its broader strategy to drive economic growth and reduce dependence on a narrow range of sectors. Finance and National Planning Minister Situmbeko Musokotwane said the country is prioritising investment in key sectors that can accelerate economic transformation and long-term development. He made…
Zambia Secures Leadership Role on UN Development Agencies Board
Zambia has strengthened its voice within the United Nations after its Permanent Representative, Dr. Chola Milambo, was elected Vice President of the Executive Board overseeing UNDP, UNFPA and UNOPS. The appointment followed a unified endorsement by the Africa Group, which backed Zambia’s candidature during consultations at UN Headquarters in New York, signaling regional confidence in…
Trump Orders Broad U.S. Withdrawal From UN and International Bodies, Citing National Interest
U.S. President Donald Trump has directed all federal departments and agencies to initiate withdrawal from dozens of United Nations linked and other international organisations, marking a significant recalibration of Washington’s multilateral engagement. In a memorandum issued by the White House, President Trump stated that continued membership and financial support for more than 60 international bodies…
Zambia to Close IMF ECF, Pivoting to Growth driven Successor Programme
Zambia has confirmed it will not seek an extension of its current International Monetary Fund (IMF) supported Extended Credit Facility (ECF), choosing instead to bring the programme to an orderly close and immediately begin negotiations on a new, full-term successor arrangement anchored on economic growth, investment and job creation. Finance and National Planning Minister Dr….
Kwacha Opens Firm Against Dollar in Early Bank Trading below k20
The Zambian kwacha opened Thursday’s trading session on a firm note against the United States dollar, with most commercial banks quoting interbank rates below the K20 level in early trade. According to the Daily Commercial Banks Exchange Rates at 09:30 hours on 8 January 2026, the market average interbank buying rate stood at K19.92, while…
Chinese Rail Giants Explore Kapiri Mposhi Logistics Hub Investment
Zambia is set to benefit from renewed Chinese interest in its transport and energy infrastructure, following a high level visit by executives from China Railway Construction Company and China Civil Engineering Construction Corporation to Kapiri Mposhi. The delegation is assessing the feasibility of developing a modern dry port in the area, a project intended to…
Zambian Kwacha Emerges as World’s Best Performing Currency
The Zambian kwacha has emerged as the world’s best performing currency, extending a strong rally that has gathered momentum since late 2025, supported by favorable global commodity dynamics and key domestic policy developments. On January 7, 2026, the USD/ZMW exchange rate fell to 19.9900, representing a 4.47 percent drop in a single trading session. Over…
LuSE Ends Higher as Select Counters Drive Modest Gains
Lusaka – The Lusaka Securities Exchange (LuSE) closed the latest trading session on a positive note, with the LuSE All Share Index (LASI) edging up by 0.20 percent to settle at 25,939.02 points, reflecting cautious investor optimism amid selective buying across the equity market. Trading activity picked up moderately, with 790 trades executed, resulting in…
Kwacha Extends Rally as Dollar Supply Improves, Market Data Show
The Zambian kwacha continued to firm on Tuesday, with intraday exchange-rate data from commercial banks showing a gradual strengthening against the US dollar, underpinned by improved foreign currency supply and easing demand pressures. According to Daily Commercial Banks Exchange Rates for 06 January 2026, the market-average interbank selling rate eased from about K21.05 per dollar…