Development news

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Zambia’s Trade Surplus Widens to K1.1 Billion in October as Copper Exports Surge

Leave a Comment / Development news, Economic Updates, Economy, Government & Budget /

Zambia recorded a merchandise trade surplus of K1.1 billion in October 2025, nearly tripling September’s K0.4 billion, as exports grew faster than imports, according to new data from the Zambia Statistics Agency (ZamStats). Exports rose 7.9% to K30.8 billion, up from K28.5 billion the previous month, driven largely by strong performance in intermediate goods, particularly

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Kwacha Holds Firm as Market Liquidity Improves

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Zambia’s currency traded with notable stability today, showing marginal strengthening across select interbank windows as improved liquidity and steady corporate flows kept volatility low. According to mid-week trading data from commercial banks, the kwacha remained tightly ranged between K22.70 and K22.95 on the interbank market, while retail rates showed a wider spread of K22.66–K23.30, reflecting

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Government Unlocks K2.3bn to Launch Nationwide Solar Rollout

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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

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Zambia’s Inflation Falls to Lowest Level in Over Two Years

Leave a Comment / Development news, Inflation & Policy /

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

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Global Metal Prices Show Volatility – Implications for Zambia’s Mining Sector

Leave a Comment / Commodities, Development news /

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

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Neelkanth Lime CEO Hails Government for Reopening Lime Exports to DRC

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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

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Kabuswe Warns Against Poor-Quality Supplies as Government Pushes for Greater Local Participation in Mining Sector

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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

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ZRL, SNCC, Harvestbridge Partner to Export Mealie Meal to DRC

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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

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ZAMBIA EXPORTS MEALIE MEAL TO DRC BY RAIL FOR THE FIRST TIME IN YEARS — A MAJOR MILESTONE FOR TRADE AND AGRICULTURE

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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

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The 2025 Renaissance Convention and Impact Awards: A Catalyst for Zambia’s Economic Transformation

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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

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