Business & Finance – Page 4

June Inflation Figures Reflects Strenthening Trend Toward Macroeconomic Stabilization – Analyst

An Economic Analyst says the drop in June inflation rate to 14.1% reflects a strengthening trend toward macroeconomic stabilization, driven by notable declines in food and transport costs. On Thursday,…

Joseph Tembo June 27, 2025

Business & Finance Construction

We Will Not Tolerate Substandard Works by Local Contractors – PS

Ministry of Local Government and Rural Development has warned that it will not tolerate substandard works on infrastructure projects by Zambian contractors. Permanent Secretary for Technical Services Nicholas Phiri, has…

Cecilia Chiluba June 25, 2025

Business & Finance Economy

Financial Analyst Projects 2% Drop in June Inflation

A Financial Analyst has projected a 2% decline in annual inflation rate for the month of June 2025. Zambia's annual inflation rate for May 2025 stood at 15.3%, down from…

Cecilia Chiluba June 25, 2025

Business & Finance Economy

EAZ Confident of Resilient Positive Economic Outlook As Kwacha Remains Strong

Economics Association of Zambia (EAZ) is confident of a resilient and stable positive economic outlook for Zambia as the Kwacha continues to gain strength against the US Dollar. Commercial banks…

Cecilia Chiluba June 24, 2025

Business & Finance Energy

ERB Grants 43 Licenses, 6 Construction Permits Worth K3.9 Billion

Energy Regulation Board (ERB) has approved 43 licence applications and six construction permits across the petroleum, electricity, and renewable energy sub-sectors, with a combined investment commitment of K3.9 billion. The…

Joseph Tembo June 23, 2025

Business & Finance Economy FOREX

Economist Attributes Rapid Kwacha Gains to Increased Copper Exports

An Economist has attributed the rapid appreciation of the Kwacha to increased copper exports and favorable maize production. The local unit closed the market today trading at K23.10 and K23.49,…

Joseph Tembo June 19, 2025

Business & Finance

ZICTA to Take Action on Airtel For Failing to Meet Quality Service Standards

Minister of Technology and Science says Zambia Information and Communications Technology Authority (ZICTA) is poised to take decisive action on Airtel, for failing to meet quality service standards during a…

News Desk June 19, 2025

Business & Finance Economy Trade

ZDA Aims To Record Over US$2 Billion Trade Deals at IZIC, As ZANACO Handsover K500,000 Cheque

Zambia Development Agency (ZDA) has disclosed that it is targeting to record leads and trade deals worth over US$2 billion in key thematic sectors at the inaugural Invest Zambia International…

Cecilia Chiluba June 18, 2025

Business & Finance Governance

Treasury Spends Over K5 Billion on Debt Servicing in May

Minister of Finance and National Planning has disclosed that the Treasury spent K5.5 billion on servicing domestic and external debt, in May, 2025, out of the K15.8 billion released to…

Cecilia Chiluba June 16, 2025

Business & Finance Economy

BuyZed Backs Govt’s Projection of Debt-Free Status by 2028

BuyZed Campaign says government’s ambitious plan to achieve debt-free status by 2028 is a testament to its commitment to fiscal responsibility and sustainable development. According to Ministry of Finance and…

Cecilia Chiluba June 12, 2025