Economic Updates

Zambia Courts Turkish Investment to Boost Economic Diversification

The Zambian government is intensifying efforts to attract Turkish investment as part of its broader strategy to drive economic growth…

2 months ago

Zambia’s Economy Grows 5.2% as Agriculture and ICT Power Q2 Recovery

Zambia’s economy expanded by 5.2 percent in the second quarter of 2025, signaling a robust recovery driven largely by agriculture…

2 months ago

Treasury Misses Revenue Target as VAT Shortfalls Weigh on Q3 Fiscal Performance

The Treasury collected K40.49 billion in total revenue and grants by the end of the third quarter, falling short of…

2 months ago

Private Sector External Debt Falls by Over US$700 Million as Firms Cut Foreign Borrowing

Zambia’s private sector significantly reduced its exposure to foreign debt in 2025, with external borrowings falling by more than US$700…

2 months ago

ZAMBIA HITS HISTORIC RESERVES RECORD AT US$5.2 BILLION

LUSAKA - Zambia has achieved a historic economic milestone, with gross international reserves (GIRs) rising to an unprecedented US$5.2 billion,…

3 months ago

Zambia Faces Economic Ripples as South Africa’s Manufacturing Slumps to 2025 Low

Zambia’s economy is expected to feel indirect pressure from weakening regional demand after South Africa recorded its sharpest manufacturing slowdown…

3 months ago

Government Says Load Shedding to Ease in 2026

Energy Minister Makozo Chikote has assured the nation that load shedding is set to significantly reduce in 2026 as government…

3 months ago

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…

3 months 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…

3 months 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 months ago

This website uses cookies.