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Zambia Calls For Stronger Global Action On Development Financing At FFD4

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 2030 Sustainable Development Goals (SDGs). Speaking ahead of the Fourth International...

Zambia’s Economy Stabilizing, Poised for Growth – Dr. Haabazoka Gives Three-Year Forecast

Zambia’s Economy Stabilizing, Poised for Growth – Dr. Haabazoka Gives Three-Year Forecast Zambia’s economy is emerging from a difficult recession and entering a phase of stable, moderate growth, with prospects for a new boom on the horizon this,...

Zambia launches largest grid-connected solar power project

LUSAKA, June 30 (Xinhua) -- Zambia on Monday launched a 100-megawatt (MW) solar photovoltaic (PV) project, the country's largest grid-connected solar initiative to date, marking an important step toward addressing its ongoing energy deficit. The...

President Hichilema Commissions Zambia’s Largest Solar Plant, Paving the Way for Energy Sovereignty

President Hichilema Commissions Zambia’s Largest Solar Plant, Paving the Way for Energy Sovereignty

President Hichilema commissions Chisamba solar plant In a landmark achievement for Zambia’s energy sector, President Hakainde Hichilema yesterday officially commissioned the 100MW Chisamba Solar Power Plant in Central Province — the largest solar...

PM Oli addresses FFD4 Plenary, calls for justice and fairness in global economic and financial system

PM Oli addresses FFD4 Plenary, calls for justice and fairness in global economic and financial system

KATHMANDU: Prime Minister KP Sharma Oli has called for justice and fairness in the global economic and financial system. The PM, who is currently on an official visit to Spain to attend the United Nations (UN)’s ‘Fourth International Conference on...

Hwange Coal Gasification Company sued over US$61,5k transport debt

Hwange Coal Gasification Company sued over US$61,5k transport debt

CHINESE-OWNED transport company, Wan Jia Le Logistics (Zimbabwe) (Pvt) Ltd, has taken Hwange Coal Gasification Company (HCGC) and its director, Guo Feng, to court over a US$61 500 transportation debt. BY CHARLES LAITON CHINESE-OWNED transport...

We are making progress on debt restructuring concerns with Afreximbank – Deputy Finance Minister

We are making progress on debt restructuring concerns with Afreximbank – Deputy Finance Minister

The Deputy Minister of Finance, Thomas Nyarko Ampem, has indiacted that Ghana is making some progress on debt restructuring concerns raised by the African Export and Import Bank (Afreximbank). “We are talking and that’s the assurance that I can...

We’re exporting electricity to grow the economy, not to punish citizens- HH

Zambia’s Energy Paradox: As Exports Rise, Zambians Endure 19 Hours of Load Shedding President Hakainde Hichilema has reaffirmed his administration’s commitment to electricity exports as a key driver of economic recovery, even as Zambians across...

APPRECIATION OF THE KWACHA  MAY BE SHORT LIVED- ECONOMIST CHISANGA

APPRECIATION OF THE KWACHA MAY BE SHORT LIVED- ECONOMIST CHISANGA By: Sun FM TV Reporter Economist Kelvin Chisanga has advised Zambian businesses and individuals to exercise caution in response to the recent appreciation of the kwacha, warning...

Control Over Minerals is the New Currency of Global Influence, Says Priya Agarwal Hebbar

Control Over Minerals is the New Currency of Global Influence, Says Priya Agarwal Hebbar

The world today is in the midst of a tectonic shift, where control over minerals like zinc, silver, aluminium, copper and rare earths is fast becoming the new currency of global influence. With global demand for critical minerals set to increase...

Zambia to Commission Largest Solar Power Plant as Part of Energy Diversification Drive

Zambia to Commission Largest Solar Power Plant as Part of Energy Diversification Drive

Zambia’s largest solar power plant is set to be officially commissioned tomorrow by President Hakainde Hichilema. The $100 million Chisamba Solar Power Plant, with a capacity of 100 megawatts, marks a significant milestone in the country’s ongoing...

Business News | Edinburgh Salutes Indian Visionary Dr. Sandeep Marwah at Global Leadership Conclave

Business News | Edinburgh Salutes Indian Visionary Dr. Sandeep Marwah at Global Leadership Conclave

VMPL Edinburgh [Scotland], June 30: A moment of national pride unfolded in the historic chambers of the Scottish Parliament and the majestic Edinburgh City Chambers as Dr. Sandeep Marwah, Founder of Noida Film City and Chancellor of AAFT...

Sustainability & tangible results at the forefront of Accelerate Trade Facilitation Programme’s annual stocktaking

The WCO’s Accelerate Trade Facilitation Programme, funded by the United Kingdom’s His Majesty’s Revenue & Customs (HMRC), organized its annual National Focal Points Meeting at the WCO Headquarters in Brussels from 3 to 5 June 2025 to assess the...

Appolonia City Showcases Investment Potential at Ghana-China Business Summit

Appolonia City Showcases Investment Potential at Ghana-China Business Summit

Accra, June 30, GNA-Appolonia City, Rendeavour’s flagship mixed-use urban development in Ghana, has participated in the Ghana-China Business Summit in Accra. The high-level event brought together about 90 Chinese investors, entrepreneurs and...

Accra inches towards end of debt path, but Lusaka’s cash flow woes continue

Accra inches towards end of debt path, but Lusaka’s cash flow woes continue

30 Jun 2025 PREVIEW Ghana has taken another key step towards stabilising its economy after its parliament approved a debt restructuring deal on 24 June with 25 creditor nations, including China, France, Britain, Germany and the United States....

Feature: Comorian entrepreneur brings island fragrance to China

URUMQI, June 30 (Xinhua) -- At the 2025 (China) Eurasia Commodity and Trade Expo in Urumqi, capital of northwest China's Xinjiang Uygur Autonomous Region, 28-year-old Abdallah Daniel Abdallah greets visitors in fluent Mandarin at a pavilion filled...

SAME DAM – ZAMBIA DIMS, ZIMBABWE POWERS UP

SAME DAM – ZAMBIA DIMS, ZIMBABWE POWERS UP As Zambia battles deepening power shortages and extended load-shedding hours, neighboring Zimbabwe is moving in the opposite direction promising 21 hours of uninterrupted electricity starting July 1,...

Enhancing strategies to challenges of local content and value-addition in Zambia’s mining sector

Enhancing strategies to challenges of local content and value-addition in Zambia’s mining sector

Traditionally, Zambia’s mining sector and the economy has been dominated by copper mining with poor downstream processing activities. Current copper exports are around 820,000 tonnes (www.mining.com 2025) and is expected to reach 3 million tonnes...

Inflation not likely to drop to single digit this year – Economist

Inflation not likely to drop to single digit this year – Economist

ECONOMIST Noah Kabwita says he does not anticipate the inflation rate to drop to a single digit this year. Recently, the Zambia Statistics Agency (Zamstats) announced that the country’s annual inflation for June 2025 had reduced to 14.1 percent...

Zambia’s Foreign Reserves Hit Highest Point in a Decade!

Zambia’s Foreign Reserves Hit Highest Point in a Decade!📈 In 2014, Zambia’s foreign exchange reserves peaked at just over $3.1 billion. Since then, we’ve seen ups and downs — from $2.7B in 2016 to about $3.0B in 2020. But here’s the game changer:...

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