mubitasamuel0@gmail.com

LuSE Opens Week Flat as Cement and Banking Stocks Dominate Trades

LUSAKA, Zambia The Lusaka Securities Exchange (LuSE) began the week on a steady note, with the market closing yesterday’s session unchanged as the LuSE All Share Index (LASI) held firm at 25,158.10 points. A total of 442 trades were recorded, involving 58,026 shares and generating a turnover of K1,877,571.72. Despite the broad activity across key…

Read More

Zambia Faces Economic Ripples as South Africa’s Manufacturing Slumps to 2025 Low

Zambia’s economy is expected to feel indirect pressure from weakening regional demand after South Africa recorded its sharpest manufacturing slowdown of the year in November. A monthly Purchasing Managers’ Index survey issued in Johannesburg showed the seasonally adjusted PMI, sponsored by Absa Bank, falling to 42.0 in November from 49.2 in October. A reading below…

Read More

Kwacha firms slightly as commercial banks hold tight spreads; Best USD rates revealed

The Zambian kwacha showed marginal stability on Monday, December 1, 2025, with commercial banks maintaining tight trading spreads across morning and afternoon sessions, according to daily exchange rate data published by the Bank of Zambia. The market average rate stood at K22.95 / K23.00 at 09:30 hours and moved only slightly to K22.96 / K23.01…

Read More

Government Rolls Out Phase Three of Artisanal Miner Training as Formalisation Push Gains Momentum

MPIKA – The government has launched the third phase of its nationwide capacity-building programme for artisanal and small-scale gold miners, marking another milestone in efforts to formalise the sector and improve mining standards across the country. The latest training session, held in Mpika District, has brought together miners from eight provincesCentral, Copperbelt, Eastern, Muchinga, North-Western,…

Read More

Government Blocks Massive Job Cuts at Neelkanth Lime, Orders Improved Worker Pay

NDOLA – Government has stepped in to safeguard more than 3,000 jobs at Neelkanth Lime Limited after the company proposed introducing automated mining and production systems that would have reduced its workforce to just 500 employees. Commerce, Trade and Industry Minister Hon. Chipoka Mulenga, MP, revealed the intervention during a tour of the Ndola-based plant,…

Read More

Ministry Warns Against Recycled Seed as Zambia Targets Record Crop Output

LUSAKA – The Ministry of Agriculture has urged farmers nationwide to plant certified seed and avoid the use of recycled seed as preparations for the 2025/2026 farming season gain momentum. The call comes as government intensifies efforts to meet ambitious national crop production targets set by President Hakainde Hichilema 10 million metric tonnes of maize,…

Read More

Izwe’s 23.5% Bond Emerges as Top Performer as Investors Seek High Yield Opportunities

Zambia’s corporate bond market has seen a clear standout in recent months, with Izwe Loans’ MTN 22A bond, offering a 23.5% annual coupon, emerging as the best-performing corporate bond currently on the market. The three year instrument, issued in July 2024 and maturing in 2027, has outpaced similar medium-term notes from financial institutions and energy…

Read More

Government Says Load Shedding to Ease in 2026

Energy Minister Makozo Chikote has assured the nation that load shedding is set to significantly reduce in 2026 as government accelerates completion of key power generation and transmission projects. In a statement, Chikote disclosed that 29 public and private-led energy projects with a combined capacity of 2,510 megawatts are currently under construction and scheduled for…

Read More