Sunday, January 26, 2025

Economy

INDO Zambia Bank to fund prospective home owners in The Hills property development

INDO Zambia Bank (IZB) has lived up to its mantra of ‘Supporting you, Developing Zambia’ by entering into a Memorandum of Understanding (MoU) with The Hills, an upmarket real...

Trump’s AI initiative is a wake-up call for investors

Donald Trump’s announcement of a $100 billion artificial intelligence investment venture, with industry leaders such as SoftBank’s Masayoshi Son, OpenAI’s Sam Altman, and Oracle’s...

Hon. Sunday Chanda Calls for Agriculture to Drive Zambia’s Economic Growth

Hon. Sunday Chanda, Member of Parliament for Kanchibiya, has called for a strategic focus on agriculture as the cornerstone of Zambia’s economic transformation. He...

Avocado growers get Italy trade Expo invite

This year maybe in its infancy but the Lusaka Avocado Multipurpose Cooperative Society (LAMCS) is already counting its landmark achievements scored in the first...

Massmart and Walmart Announce first Africa-Focused Supplier Growth Summit

Massmart and Walmart have announced the first Africa-focused supplier Growth Summit which will be held in Johannesburg on 2 April 2025. The summit is...

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...

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...