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…
Economist kelvin chisanga The Energy Regulation Board (ERB) has increased fuel pump prices effective midnight on 30th November 2025, citing rising international oil prices and continued depreciation of the Kwacha. According to ERB chairperson James Banda, petrol has gone up by 96 ngwee per litre, diesel by K1.63, kerosene by K1.47, and Jet A-1 by…
Lusaka, 30 November 2025 Copper prices climbed to $5.27 per pound on Friday, up 2.14% from the previous close, as markets reacted to ongoing supply disruptions and strong industrial demand. This upward trend could offer a significant economic boost to Zambia, one of Africa’s top copper producers. The recent price surge follows a series of…
Lusaka, 30 November 2025 WTI crude oil futures traded around $59 per barrel on Friday, heading for a fourth consecutive monthly decline, marking the longest losing streak in over two years. The downward trend is largely driven by oversupply concerns, as OPEC+ resumes production and other global producers increase output. Geopolitical developments also influenced the…
Lusaka, 30 November 2025 – The Bank of Zambia (BoZ) has released the results of its latest Treasury Bills (T-Bills) and Government Bonds auctions, signaling continued demand for short and long term government securities amid a stable macroeconomic environment. Treasury BillsThe latest Treasury Bills tender (No. 24/2025) on 27 November 2025 recorded competitive yields across…
LUSAKA– Energy expert Andrew Kamanga says Zambia’s fuel pricing model under the Open Access framework is performing well but requires greater transparency particularly in the management of the TAZAMA pipeline to ensure consumers benefit from lower pump prices. Featuring on Prime TV’s “One-on-One” program hosted by veteran broadcaster Frank Mutubila, Kamanga said while the current…
Lusaka, Zambia – Zambia has received a major boost in investor confidence after Fitch Ratings upgraded the country’s sovereign credit rating from Restricted Default to B– with a Stable Outlook. The upgrade comes amid a moderate global economic growth forecast and falling oil prices, creating favorable conditions for Zambia’s economy, businesses, and job market. Global…
Lusaka – The Lusaka Stock Exchange (LuSE) closed the week with marginal losses, as investors showed mixed sentiment across both Kwacha-denominated and dollar-denominated securities. The LuSE All Share Index (LASI) ended at 25,168.25 points, down 0.03% from the previous close, reflecting cautious trading ahead of month-end assessments. Market Activity A total of 498 trades were…
1. Zambian Breweries (ZABR) Why Watch: Investor Angle:Heavy liquidity + consistent demand = a key stock for both long-term accumulation and short-term opportunities. 2. Chilanga Cement (CHIL) Why Watch: Investor Angle:Momentum stock for the week CHIL’s price action suggests room for continued upside if demand stays firm. 3. CEC Africa (CECZ) Why Watch: Investor Angle:High-volume,…
The Lusaka Securities Exchange (LuSE) recorded robust activity yesterday, with 485 trades executed and a total turnover of K5,861,988.56, signalling sustained investor confidence on the local bourse. A total of 754,136 shares exchanged hands across several active counters, marking one of the stronger trading sessions in recent weeks. Key Price Movements The USD-denominated REIT (REIZUSD)…
