The Government has released K2.3 billion (US$100 million) to kick-start a nationwide solar energy programme under the new Presidential Constituency Energy Initiative (PCEI), marking one of the largest-ever reallocations of Constituency Development Fund (CDF) resources. Announcing the development, Permanent Secretary for Technical Services in the Ministry of Local Government and Rural Development, Nicholas Phiri, described…
Lusaka – Zambia’s annual inflation rate eased to 10.9% in November 2025, the lowest level since August 2023, down from 11.9% in October. This marks the seventh consecutive month of slowing price growth, reflecting the stabilising effects of a stronger Zambian Kwacha and easing pressures on both food and non-food items. According to data released…
Lusaka – International metal markets showed mixed performance on Wednesday, with gold and copper seeing divergent trends while silver continued to gain. For Zambia, a country heavily reliant on mining, these fluctuations carry direct implications for revenue, export earnings, and investment in the sector. Gold Holds Strong but Dips Slightly Gold prices edged lower by…
Masaiti, Copperbelt — Neelkanth Lime Chief Executive Officer Anil Soni has praised the Zambian Government for reopening the export of lime to the Democratic Republic of Congo (DRC), saying the policy shift will stimulate growth in the manufacturing sector and enhance worker welfare. Speaking during a visit by Minister of Commerce, Trade and Industry Chipoka…
Kitwe, Zambia – Minister of Mines and Minerals Development, Paul Kabuswe, has sounded a strong warning to local suppliers and contractors, urging them to uphold high standards as the government continues expanding opportunities for Zambian businesses in the mining value chain. Delivering remarks at the Mine Suppliers and Contractors Association Conference held at Garden Court…
Lusaka, Zambia – In a major boost for regional trade and cross-border rail cooperation, Zambia Railways Limited (ZRL) and the Société Nationale des Chemins de Fer du Congo (SNCC) have begun transporting export mealie meal for Harvestbridge into the Democratic Republic of Congo (DRC). The first consignment was dispatched on Friday, 14th November 2025, marking…
LUSAKA, 26 November 2025 – In a historic breakthrough for regional trade, Zambia has successfully sent its first goods train carrying mealie meal across the border into the Democratic Republic of Congo (DRC) after many years. The consignment, delivered to Lubumbashi, marks the first time in a long period that Zambia has exported processed mealie…
LUSAKA – The 2025 Renaissance Convention and Impact Awards has emerged as one of Zambia’s most influential platforms for economic renewal, uniting key leaders, institutions, and innovators with one shared mission: accelerating national growth through collaboration, investment, and strategic reform. The high-level gathering brought together voices from finance, energy, development, communications, and the private sector…
LUSAKA, Tuesday – President Hakainde Hichilema has urged Zambians to seize the opportunity presented by a stabilizing currency to import productive equipment and shift the nation’s economic culture from consumption to investment. Addressing journalists during a press conference at State House, President Hichilema said Zambia’s improving economic fundamentals are creating a favourable environment for business…
Lusaka – Zambia’s energy sector is facing one of its most pressing challenges: attracting private investment while ensuring electricity remains affordable and reliable for consumers. Energy expert Sarah Muyuni highlighted this delicate balance during a discussion on the People’s Space Podcast hosted by CTPD. She emphasized that while the public demands low electricity tariffs, private…
