Development news

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…

2 months ago

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…

2 months ago

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…

2 months ago

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…

2 months ago

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…

2 months ago

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…

2 months ago

Zambia Turns to Yuan for Mining Taxes to Cut China Debt Costs

Lusaka Zambia’s decision to allow a portion of mining tax payments to be made in the Chinese yuan is a…

2 months ago

Kopakopa Sees Kwacha Strengthening to K15 on Copper Windfall, Farm Inflows

Lusaka - The Zambian kwacha could extend its recent rally and strengthen to about K15 per U.S. dollar this year,…

2 months ago

Zambia Makes History With Yuan Mining Tax Policy – Economist Lubinda Haabazoka

Lusaka -Zambia has become the first country in Africa to allow mining companies to pay statutory taxes and royalties in…

2 months ago

Zambia Starts Receiving Mining Taxes in Chinese Yuan, Signals Shift in Mineral Revenue Settlement

Zambia has begun receiving mining tax payments in the Chinese yuan, marking a notable change in the settlement of mineral…

2 months ago

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