Tuesday, July 1, 2025
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Economy

Trump’s ‘Big Beautiful Bill’ will blow up US debt, inflation

The US Senate begins voting today on President Donald Trump’s controversial tax and spending bill—legislation that will dramatically increase America’s debt burden and reignite inflation, warns Nigel Green, CEO...

Zambia Calls For Stronger Global Action On Development Financing At FFD4

Zambia has called for renewed global urgency in addressing development financing gaps, particularly in the global south, with five years left to meet the...

Zambia’s Energy Move: From Importing Fuel to Co-Owning the Source

In a groundbreaking shift toward energy independence and economic self-determination, Zambia has secured a 26% equity stake in Angola’s Benguela (Lobito) oil refinery, signaling...

US Iran strikes sparks oil shock, inflation fears, global sector shakeout

The market impact of President Donald Trump’s military strikes on Iranian nuclear facilities is already beginning to reshape investor expectations across asset classes, sectors...

Zambian delegation in Rome for high-level meeting

Minister of Finance and National Planning, Situmbeko Musokotwane is leading the Zambian delegation to attend the high-level meeting on the Lobito Corridor project in Rome,...

Markets ‘dangerously complacent’ amid Iran-Israel tension: deVere

Global stock markets are showing a “dangerous complacency” in response to the sharp escalation of military conflict between Iran and Israel, warns the CEO...

Is Zambian Economy showing Recovery Signs?

Stanbic Bank Purchasing Manager index (PMI) Soars to 51.4 in May 2025. By Mwansa Chalwe Snr Over the past six months, from December 2024 to...

EU Commends Government For Its Zero Tolerance To Mining Pollution

European Union (EU) has commended the government for its zero-tolerance to mining pollution. Speaking during a partnership dialogue meeting, EU Ambassador to Zambia, Karolina Stasiak,...

US jobs report surprises to upside—forget a summer rate cut from Fed

The latest US jobs report came in hotter than expected, all but shutting the door on hopes for interest rate cuts this summer, says...

Dollar could fall 10%, investors to prepare for major shift

The US dollar could slide by as much as 10% over the next 12 months, according to analysts at deVere Group, one of the...

Trump’s new tax clause will deter foreign investment: deVere CEO

A clause tucked into President Trump’s latest budget bill could prove deeply destabilizing for markets and US industry, warns Nigel Green, CEO of deVere...