Economy

An International Development Expert, Dr. Simon Manda, has placed the revelations of the Financial Intelligence Centre squarely in the court of President Hichilema and the UPND. The Financial Intelligence Centre (FIC) has published its 10th Money Laundering and Terrorism Financing Trends Report for 2024, and the findings are damning: over USD 3.5 billion in suspected … Read more

The whole country must cry a sigh of relief and congratulate former President Edgar Chagwa Lungu and the other members of the United Kwacha Alliance (UKA) for holding their first peaceful and highly successful rally in Kitwe on 22 June 2024. We should also thank the international community, particularly the Canadian High Commissioner and the … Read more

The agriculture sector has reported a record harvest this year, with significant increases in maize and wheat production. Favorable weather conditions and government support programs contributed to this success.

The Central Bank has announced a reduction in interest rates to stimulate economic activity. This move aims to make borrowing cheaper for businesses and consumers, thereby boosting investment and spending.

Zambia has signed a new trade agreement with neighboring countries to enhance cross-border commerce. The deal is expected to reduce tariffs, facilitate smoother trade, and strengthen regional economic ties.

Economic analysts have forecasted a 3% rise in Zambia’s GDP for the upcoming year. This positive outlook is attributed to increased agricultural production and a boost in mining activities.