Business News

LUSE WEEKEND MARKET REPORT: LASI UP 0.47% AS CHIL AND ZSUG LEAD THE GAINERS

LUSAKA The Lusaka Securities Exchange (LuSE) closed the week on a positive note, with the LuSE All Share Index (LASI)…

3 months ago

ZAMBIA HITS HISTORIC RESERVES RECORD AT US$5.2 BILLION

LUSAKA - Zambia has achieved a historic economic milestone, with gross international reserves (GIRs) rising to an unprecedented US$5.2 billion,…

3 months ago

Energy Minister Cuts Electricity Connection Fees to Boost National Access

Energy Minister Makozo Chikote has announced a major reduction in electricity connection fees, with subsidized charges set to drop from…

3 months ago

Crude Oil Prices Edge Higher Amid Geopolitical Tensions, Implications for Zambia and Developing Economies

Crude oil futures edged higher toward $59 per barrel on Wednesday, recovering some losses from the previous session, as global…

3 months ago

Kwacha Holds Steady: Top Banks Offer Best Rates for Customers This Morning

LUSAKA, Zambia The Zambian Kwacha remained relatively stable in the money market this morning, with commercial banks offering competitive rates…

3 months ago

Zambia Army Orders Illegal Miners to Vacate Lower Zambezi or Face Eviction

Pictured by Zambia army SIAVONGA, Zambia The Zambia Army has issued a stern directive to illegal miners operating along the…

3 months ago

Zambia Seeks Deeper Partnership With China, Citing Infrastructure Achievements

NINGBO, China Zambia’s Vice President Mutale Nalumango has reaffirmed the government’s commitment to strengthening economic cooperation with China, emphasizing that…

3 months ago

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…

3 months ago

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,…

3 months ago

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…

3 months ago

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