Economic Updates

BOZ Maintains Policy Rate as Liquidity Pressures Keep Funding Costs Elevated

The Bank of Zambia (BOZ) has maintained the Monetary Policy Rate at 14.25%, signalling a continued commitment to controlling inflation…

2 days ago

Fitch Upgrades Zambia to B- as Global Economic Outlook Boosts Investment Opportunities

Lusaka, Zambia - Zambia has received a major boost in investor confidence after Fitch Ratings upgraded the country’s sovereign credit…

2 days ago

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

Zambia recorded a merchandise trade surplus of K1.1 billion in October 2025, nearly tripling September’s K0.4 billion, as exports grew…

3 days ago

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…

5 days 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…

6 days ago

Zambia Exits Default as S&P Upgrade Signals Revival of Investor Confidence and Economic Reform Momentum

Lusaka — Zambia has formally emerged from default after S&P Global Ratings upgraded the sovereign to ‘CCC+/C’ from ‘SD/SD’, marking…

1 week 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…

1 week 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…

1 week ago

Bank of Zambia Cuts Policy Rate to 14.25% as Inflation Continues to Ease

Lusaka, November 12, 2025.The Bank of Zambia has reduced the Monetary Policy Rate by 25 basis points to 14.25%, signalling…

1 week ago

Bank of Zambia Concludes Second Phase of Nationwide Sensitisation on New Currency Series Ahead of 2026 Deadline

The Bank of Zambia has successfully completed the second phase of its nationwide sensitisation programme as part of the ongoing…

1 week ago

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