Zambia Treasury Bills and Government Bonds Show Stable Yields in Latest Auctions

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…

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

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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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 productive equipment and shift the nation’s economic culture from consumption to investment. Addressing journalists during a press conference at State House, President Hichilema said Zambia’s improving economic fundamentals are creating a favourable environment for business…

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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 the country’s most significant step toward economic rehabilitation since its 2020 debt crisis. The move, accompanied by a stable outlook, signals rising international confidence in President Hakainde Hichilema’s reform agenda and reinforces Zambia’s position as…

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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 a cautiously optimistic outlook on inflation and economic stability. The decision was made during the Monetary Policy Committee (MPC) meeting held from November 10–11, 2025, and announced by Governor Dr. Denny Kalyalya at a press…

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A REFLECTION ON THE 2026 NATIONAL BUDGET THEME

1. WHAT THE 2026 BUDGET THEME REALLY MEANS The theme of the 2026 National Budget is a national promise. It signals Zambia’s ongoing transition from economic turbulence towards stability, resilience and shared prosperity. It recognises that over the past four years the country has implemented far-reaching reforms, stabilising the economy, restructuring debt, restoring free education,…

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