Friday, January 17, 2025

Economy

Pentagon approves sale of military helicopters to Zambia

The US State Department has approved a possible Foreign Military Sale (FMS) to Zambia for Bell 412 helicopters at an estimated cost of US$100 million. Zambia has asked to buy...

Government restores back 15% duty on precious gems

To enhance domestic revenue mobilisation in 2025, Government has re-introduced a 15 percent export duty on precious gemstones. This follows the revocation of 2019 suspension...

Malindi appointed Zambia Railways MD

ZAMBIA Railways Limited (ZRL) has appointed multiply-qualified entrepreneur and business executive Cuthbert Malindi as managing director. The vastly experienced mechanical engineer and accountant has worked...

Who failed Zambia’s Vision 2030?

By Edward Chisanga1 Introduction As I said in one of my recent past articles, Vision 2030 was created in 2006 under President Levy Mwanawasa to bring...

Zambia’s Electrical Power Paradox: Balancing Exports with Hydropower Sustainability

By Dr Roy Moobola Zambia’s energy sector faces a delicate balancing act. While increased electricity exports have earned vital foreign currency, such gains are juxtaposed...

Government Allocates K23.1 Billion in December to Bolster Economy and Public Services

The Zambian government disbursed an impressive K23.1 billion in December 2024, signaling its commitment to economic recovery, public service enhancement, and fiscal responsibility. This...

Where do citizens go for a conversation on economic governance?

Zambians need answers to questions like: How many Zambians run the economy? How do the majority participate in economic development? And where do citizens...

Happy New Year! Fuel Prices Ring in 2025 with a K1 Increase

Happy New Year! Fuel Prices Ring in 2025 with a K1 Increase Start 2025 with a "bang" as petrol prices see an unexpected rise of...

Zambia’s Business Landscape: A Leap Towards Prosperity

By Peter Taila, the independent observer The Zambian government is steadily reshaping the country’s economic environment, making it easier to start and operate a...

7,000+ Hectares of Maize Destroyed in Lusangazi’s Devastating Drought Crisis

Over 7,000 Hectares of Maize Affected in Lusangazi A prolonged dry spell has severely impacted maize cultivation in Lusangazi District, Eastern Province, with over 7,000...

State of Commerce and Industry in Zambia Amid Current Challenges

Media Statement from the Zambia Chamber of Commerce and Industry The Zambia Chamber of Commerce and Industry, wishes to address the pressing issues currently facing...