Zambia Starts Receiving Mining Taxes in Chinese Yuan, Signals Shift in Mineral Revenue Settlement

Zambia has begun receiving mining tax payments in the Chinese yuan, marking a notable change in the settlement of mineral revenues and the management of foreign exchange flows, the Bank of Zambia has announced. The central bank explained that since 2018, major mining companies have been settling mining taxes through the sale of United States…

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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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