Mansa, Zambia — The long-awaited Mansa Solar Plant will begin supplying 14 megawatts of electricity to the national grid next month, ZESCO Managing Director Justine Loongo has announced. However, the output remains far below the site’s full 50-megawatt capacity due to delays in completing key transmission infrastructure. Speaking during an inspection of the US$48 million…
Global crude oil prices continued their downward trend, falling from $75 per barrel in June to $58 today, with crude oil futures dropping over 2% to $57.5 a barrel on Friday, the lowest level in a month. The decline follows renewed signals from Ukrainian President Volodymyr Zelenskiy, who indicated readiness to engage in peace talks…
Zambia’s annual inflation rate slowed to 11.9% in October 2025, down from 12.3% in September, according to the latest data from the Zambia Statistics Agency (ZamStats). This means that, on average, prices of goods and services increased by 11.9% between October 2024 and October 2025. The decline in inflation was driven by lower price movements…
The International Monetary Fund (IMF) has projected Zambia’s real Gross Domestic Product (GDP) to grow by 5.8% in 2025, reflecting renewed economic momentum driven by improved mining output, stabilising macroeconomic conditions, and ongoing structural reforms. The forecast places Zambia among the faster-growing economies in the region, marking a period of strengthened recovery after years of…
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…
The Bank of Zambia has successfully completed the second phase of its nationwide sensitisation programme as part of the ongoing transition to the new series of Zambian currency. The outreach initiative covered all ten provinces and focused on ensuring that citizens, institutions and communities fully understand the features, security enhancements and timelines associated with the…
Kampala, Uganda — 20 November 2025.Global economic shocks are tightening supply chains and triggering volatile commodity prices, exposing the fragility of the world economy—and COMESA is no exception. As a resource-rich region heavily reliant on exports, the ripple effects are significant. Yet, amid the turbulence, a message of resilience rang clear at the 2025 COMESA…
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,…
By Munyumba Mutwale, AFRO-CAPITALIST, Startup Enthusiast & SEC-Licensed Investment Advisor Many investors believe that building wealth is a choice between two extremes: keeping all your money liquid for safety or locking it away in long-term investments hoping for big returns. The truth is, you don’t have to choose. Asset laddering allows you to enjoy both…
