By CHATULA KANGALI – ZAMBIA and Burundi have signed a Memorandum of Understanding (MoU) which will see the two countries connected through a fibre optic cable.The MoU sets the pace for a fibre optic cable...

By CHATULA KANGALI – ZAMBIA has attracted $58 million investment in digital infrastructure following the removal of tax on importation of digital facilities in 2021.Technology and Science Minister Felix Mutati said the investment had helped...

By ANDREW MULENGA – THE proposed 2025 National Budget cautiously reflects an optimistic outlook for Zambia’s economic recovery after having endured macroeconomic shocks this year.Zambia Institute for Policy Analysis and Research (ZIPAR) acting Executive Director...

By KENNEDY MUPESENI and SNIKE MZULAH – FIRST National Bank (FNB) Zambia says fiscal measures proposed in the 2025 National Budget and the optimism surrounding the mining sector will result in the lower cost of...

By KETRA KALUNGA – LUSAKA Securities Exchange (LuSE) market capitalisation for September has closed at K166 billion, representing a monthly increase of 15 per cent and a year-to-date growth of 87 per cent.LuSE Chief Executive...

By ANDREW MULENGA – THE resumption of the European Union (EU) support to Zambia’s national budget is a mark of confidence cooperating partners have in the ‘New Dawn’ Government’s fiscal prudence and economic reforms, economic...

By MATTHEW HILL and COLLEEN GOKO – ZAMBIA’S dollar bonds climbed after its 2025 spending plan won praise from Morgan Stanley even as it drew concern from locals battling with the impact of the nation’s...

By CHATULA KANGALI – THE Industrial Development Corporation(IDC) is set to launch the country’s first ever wealth fund to generate more than $1.6 billion next year as part of its 2024-2035 strategic plan.This initiative aims...

By KETRA KALUNGA – PricewaterhouseCoopers (PwC), an accounting firm has described the K217 billion proposed 2025 national budget as ambitious despite the country’s current economic conditions.Country Senior Partner Andrew Chibuye says the budget is ambitious...

By CHATULA KANGALIZCCM-Investment Holdings (ZCCM-IH) has recorded a staggering profit of K55.32 billion in the half year ending June 30 this year.The company has attributed the profit to the US$1.1 billion capital investment by International...