Lusaka, December 15, 2025 The Constitution of Zambia Amendment Bill No. 7 of 2025 has successfully passed its second reading in Parliament, with 131 Members of Parliament voting in favor. The development marks a significant step forward in the legislative process for the proposed changes to the country’s supreme law. The bill, which seeks to
Zambia’s Constitution Amendment Bill No. 7 Passes Second Reading Read More »
Lusaka, December 15, 2025 Zambia is confronting mounting employment challenges as the national unemployment rate increased to 12.9% in 2024, up from 12% in 2023, according to the Central Statistical Office of Zambia. This upward trend highlights the persistent struggle to generate sufficient jobs for a growing labor force of 19.7 million people. Youth unemployment
Zambia Faces Rising Unemployment Amid Growing Labor Force Pressure Read More »
Lusaka, December 15, 2025 Indeni Oil Refinery has performed tremendously well as a refinery despite navigating significant logistical challenges over the past year, according to its Board Chairperson, Watson Lumba. Speaking on the refinery’s operations, Lumba highlighted the support provided by the Chinese Government and Tanzanian counterparts, which has helped sustain Indeni’s operations and the
Indeni Refinery Performs Strongly Despite Logistical Challenges Read More »
By Economic Desk | 15 December 2025 Global commodity markets are navigating a delicate balance between weakening demand signals from China and tightening supply conditions, with copper Zambia’s most important export remaining resilient near multi-month highs despite short-term volatility. On Monday, copper futures hovered around USD 5.3 per pound, rebounding slightly after sliding nearly 3%
Copper prices hold near multi-month highs as Zambia reaps export and fiscal gains Read More »
The Human Rights Commission (HRC) has expressed support for Constitutional Amendment Bill No. 7 of 2025, saying the proposed changes are largely progressive and aimed at strengthening equity, representation and service delivery. The Bill, which is currently going through its Second Reading in the National Assembly, proposes, among other reforms, an increase in the number
HRC Supports Bill 7 as Reforms Target Equity and Improved Service Delivery Read More »
The Government, working in partnership with the European Union (EU) and the International Labour Organisation (ILO), has launched the Labour Market Information System alongside the Mining Sector Skills Body in a move aimed at strengthening skills development and better matching workforce training to industry requirements. The initiative was unveiled through a collaborative effort involving the
Government Launches New Platforms to Align Skills with Mining Sector Needs Read More »
Lusaka – Economist Kelvin Chisanga has warned that delayed payments to suppliers are severely constraining the growth of small and medium enterprises (SMEs), compounding an already difficult operating environment marked by tight monetary conditions and a lending squeeze by commercial banks. Chisanga said many SMEs are facing acute liquidity pressures as government arrears to suppliers
Delayed Supplier Payments Choking SME Growth – Economist Read More »
LUSAKA The Government has reaffirmed its commitment to fiscal discipline and transparent economic management, with the Ministry of Finance and National Planning announcing that K15.56 billion was released in November to support public services, infrastructure, debt obligations, and social programmes. Finance Minister Dr. Situmbeko Musokotwane, in a detailed statement on Wednesday, said Zambia’s improving credit
ZAMBIA MAINTAINS FISCAL DISCIPLINE AS NOVEMBER TREASURY RELEASES HIT K15.56 BILLION Read More »
WASHINGTON, D.C., The Government of Zambia, through the Zambia Development Agency (ZDA), has entered into three strategic Memoranda of Understanding (MoUs) with United States companies, deepening bilateral cooperation in critical minerals, data sovereignty, and investment facilitation. The signing ceremony, held at the Embassy of Zambia in Washington, D.C., was witnessed by Zambia’s Ambassador to the
LUSAKA, Zambia has signed a major energy agreement with Amsons Group and Exergy Africa to develop 1,300 megawatts of new power generation capacity from a mix of solar and coal technologies, marking one of the country’s most significant private-sector energy investments in recent years. The Memorandum of Understanding (MoU), signed in Lusaka, is expected to
Zambia Secures 1,300MW Energy Boost Through New Deal with Amsons Group and Exergy Africa Read More »
