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Thursday, August 21, 2025

Economy

Kansanshi mine to double its processing capacity

Kansanshi Mine Plc is poised to double its processing capacity, increasing from the current 27-28 million tons to approximately 53 million tons of ore annually through its expanded S3...

Mineral royalties are a demand for justice-Haaninga

Solwezi Caritas Director, Noel Haaninga said the call to retain a fixed percentage of mineral royalties to the local communities is no longer a...

Zambians Show Resilience Despite Economic Strains – TransUnion Q2 2025 Report

Zambians remain upbeat about their financial prospects despite economic pressures, according to TransUnion’s latest Consumer Pulse Study. The Q2 2025 survey found 79% of...

BoZ Governor Warns Against Expecting Quick Fix for Zambia’s Economic Woes

BoZ Governor Warns Against Expecting Quick Fix for Zambia’s Economic Woes Bank of Zambia (BoZ) Governor, Dr. Denny Kalyalya, has urged Zambians to temper expectations...

SADC Trade Revolution: Zambia & Botswana Lead Kazungula Corridor Upgrade

SADC Trade Revolution: Zambia & Botswana Lead Kazungula Corridor Upgrade Zambia and Botswana have agreed to accelerate the expansion of trade infrastructure at the Kazungula...

ZCCM-IH Delivers K91 Million Windfall to Government Treasury

ZCCM-IH Delivers K91 Million Windfall to Government Treasury ZCCM Investments Holdings (ZCCM-IH) has announced the payment of K91 million in dividends to the Zambian government,...

Maamba Energy to inject 400 additional megawatts into aational grid by Mid-2026

Maamba Energy Limited (MEL) Chief Executive Officer (CEO), Cyrus Minwalla, has announced that the company is on track to deliver a total of 700-megawatt...

US markets risk 10% drop: deVere joins chorus of Wall Street warnings

A sharp correction in US stock markets is now a “real and rising” threat, warns Nigel Green, CEO of global financial advisory deVere Group. His...

Genuine Dialogue Needed Over Chingola Mining Issue – MUZ

‎Mine Workers Union of Zambia (MUZ) General Secretary George Mumba says effective dialogue is needed urgently to sort out the impasse surrounding mining by...

Illicit Financial Flows Strip Zambia of Billions, CTPD Warns

Zambia risks a deepening fiscal crisis unless it tackles an estimated USD 3.5 billion in illicit financial flows (IFFs) uncovered in 2024, the Centre...

ZNFU Applauds Deferral of Lands and Deeds Registry Amendment Bill, Calls for Inclusive Consultations

In a move hailed by the Zambia National Farmers’ Union (ZNFU), Minister of Lands and Natural Resources Hon. Sylvia Masebo, MP, has deferred the...