Global Energy Prices Dip as Zambia Faces Mixed Economic Pressures

Lusaka – International commodity markets showed a mixed performance on Wednesday, with energy prices largely edging down, a trend that holds both relief and new challenges for Zambia’s economy. As a country heavily dependent on fuel imports and mineral exports, Zambia remains sensitive to volatility in global energy and industrial commodity markets. Oil Prices Continue…

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Neelkanth Lime CEO Hails Government for Reopening Lime Exports to DRC

Masaiti, Copperbelt — Neelkanth Lime Chief Executive Officer Anil Soni has praised the Zambian Government for reopening the export of lime to the Democratic Republic of Congo (DRC), saying the policy shift will stimulate growth in the manufacturing sector and enhance worker welfare. Speaking during a visit by Minister of Commerce, Trade and Industry Chipoka…

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Financial Expert Memory B. Simwaba Breaks Down Standard Chartered Bank Zambia’s Proposed Bonus Share Issue

Renowned financial literacy coach and chartered accountant Memory B. Simwaba has released an insightful breakdown of Standard Chartered Bank Zambia’s proposed bonus share issuance, offering shareholders and the public a clear understanding of what the move means ahead of the bank’s Extraordinary General Meeting (EGM) set for 17 December 2025. Standard Chartered Bank Zambia has…

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Kabuswe Warns Against Poor-Quality Supplies as Government Pushes for Greater Local Participation in Mining Sector

Kitwe, Zambia – Minister of Mines and Minerals Development, Paul Kabuswe, has sounded a strong warning to local suppliers and contractors, urging them to uphold high standards as the government continues expanding opportunities for Zambian businesses in the mining value chain. Delivering remarks at the Mine Suppliers and Contractors Association Conference held at Garden Court…

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Kwacha Opens Steady as Market Confidence Holds – Money Market Update for 27 November 2025

The Zambian Kwacha opened Thursday’s trading session on a stable note, with commercial banks posting tightly ranged bid and offer rates across both interbank and retail segments. The early morning figures point to a market that remains balanced, supported by moderate corporate demand and steady inflows. At 09:30 hours, interbank rates among major banks clustered…

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Kwacha Stable as Trading Remains Range-Bound -Money Market Update for 26 November 2025

The Zambian Kwacha maintained a narrow trading band against the US dollar on Wednesday, with movements on the Bank of Zambia (BoZ) official exchange rate showing minimal intraday volatility. The currency’s stability reflects relatively balanced market activity, with no major demand or supply shocks recorded during the session. According to BoZ data, the Kwacha opened…

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ZRL, SNCC, Harvestbridge Partner to Export Mealie Meal to DRC

Lusaka, Zambia – In a major boost for regional trade and cross-border rail cooperation, Zambia Railways Limited (ZRL) and the Société Nationale des Chemins de Fer du Congo (SNCC) have begun transporting export mealie meal for Harvestbridge into the Democratic Republic of Congo (DRC). The first consignment was dispatched on Friday, 14th November 2025, marking…

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Standard Chartered Bank Zambia Announces Bonus Share Issue to Boost Capital Compliance

Lusaka, Zambia – Standard Chartered Bank Zambia PLC has announced a significant bonus share issue aimed at strengthening its capital base in line with the Bank of Zambia’s minimum paid-up share capital requirements. In a statement released today, the bank said it plans to increase its minimum paid-up share capital from ZMW 416,745,250 to ZMW…

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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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