The Zambian kwacha has emerged as the world’s best performing currency, extending a strong rally that has gathered momentum since late 2025, supported by favorable global commodity dynamics and key domestic policy developments. On January 7, 2026, the USD/ZMW exchange rate fell to 19.9900, representing a 4.47 percent drop in a single trading session. Over…
NINGBO, China Zambia’s Vice President Mutale Nalumango has reaffirmed the government’s commitment to strengthening economic cooperation with China, emphasizing that true investment goes beyond capital inflows to include innovation, knowledge transfer, and shared prosperity. Speaking during a high-level engagement with the Ningbo Communist Party of China (CPC), led by CPC Deputy Secretary of Zhejiang Province…
Lusaka — China, Zambia and Tanzania officially launched the TAZARA Railway revitalization project, a major initiative aimed at creating a prosperity belt along the railway and boosting regional economic growth. The groundbreaking ceremony, held in Lusaka, was attended by Chinese Premier Li Qiang, Zambian President Hakainde Hichilema, and Tanzanian Vice President Emmanuel Nchimbi. Li highlighted…
