Development news

Hichilema Urges Zambians to Leverage Kwacha Stability for Investment and Production

LUSAKA, Tuesday - President Hakainde Hichilema has urged Zambians to seize the opportunity presented by a stabilizing currency to import…

10 months ago

Investors Want Returns, Consumers Want Cheap Power – Can Zambia Deliver Both?

Lusaka - Zambia’s energy sector is facing one of its most pressing challenges: attracting private investment while ensuring electricity remains…

10 months ago

Global Oil Movements Signal Potential Impacts for Zambia’s Energy Sector

Lusaka — WTI crude oil futures rose to approximately $58.5 per barrel on Monday, following last week’s 3.4% decline, as…

10 months ago

ZACCI Hosts 2025 Renaissance Convention and Impact Awards, Elects New Board for 2026–2027 Term

Lusaka - The Zambia Chamber of Commerce and Industry (ZACCI) successfully held the 2025 Renaissance Convention and Impact Awards on…

10 months ago

COMESA HOSTS REGIONAL VALIDATION WORKSHOP TO HARMONISE KEY ICT POLICY AND REGULATORY FRAMEWORKS

Nairobi, 24 November 2025 — The Common Market for Eastern and Southern Africa (COMESA), in partnership with regional institutions and…

10 months ago

Mpulungu to Benefit From New Water Infrastructure Under Lake Tanganyika Development Project

Mpulungu, Zambia — Access to clean and safe water in Mpulungu District is set for a major boost as the…

10 months ago

Mansa Solar Plant to Feed 14MW Into National Grid Next Month as Transmission Delays Slow Full Rollout

Mansa, Zambia — The long-awaited Mansa Solar Plant will begin supplying 14 megawatts of electricity to the national grid next…

10 months ago

Global Crude Oil Prices Slide to $57.5 as Peace Talk Prospects Grow Zambia Poised for Relief but Faces Mixed Impacts

Global crude oil prices continued their downward trend, falling from $75 per barrel in June to $58 today, with crude…

10 months ago

IMF Projects Zambia’s Economy to Grow by 5.8% in 2025, Signalling Strong Recovery Momentum

The International Monetary Fund (IMF) has projected Zambia’s real Gross Domestic Product (GDP) to grow by 5.8% in 2025, reflecting…

10 months ago

Government Urges ZRA to Support Businesses on Tax Compliance

Lusaka — The Zambian government has advised the Zambia Revenue Authority (ZRA) against hastily closing businesses that fall behind on…

10 months ago

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