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Mining Taxes in Yuan: What the Policy Shift Means for Zambia’s Economy

By DR. LUBINDA HAABAZOKA Zambia has quietly made economic history. By allowing mining companies to pay statutory taxes and royalties in Chinese currency, the Yuan (Renminbi), the country has become the first in Africa to take such a step. While the decision may appear technical, its implications are far-reaching for …

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Zambia Targets Investment-Led Growth to End ‘Begging’ Era in Strategic US Partnership – Update

Zambia’s Finance and National Planning Minister, Dr. Situmbeko Musokotwane, has declared a strategic shift toward sustainable, investment-driven collaboration with the United States, aiming to reform the nation’s economy and end its dependency on foreign aid. Speaking in Lusaka during an engagement with visiting U.S. Assistant Secretary of State for Economic …

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Metal fabricators of Zambia

The CBI- electric Group is a member of Reunert (Pty) Ltd which is a leading South African company listed on the JSE in the industrial goods and services (electronic and electrical equipment) sectors .Reunet manages a number of businesses focused on electronics and electrical engineering and regularly runs among the …

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Hichilema named among World Leaders of 2025

The Telegraph has named President Hakainde Hichilema in its World Leaders of 2025 list, praising his administration’s turnaround of Zambia’s economy from near collapse to stability and growth. The World Leaders of 2025 list recognizes heads of government who have stood out globally over the past year. Alongside Hichilema, other …

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RMB Highlights Africa’s Top Investment Hotspots for 2025/26 – Update

Building on the success of the 2024/25 edition, RMB has released its Where to Invest in Africa 2025/26 report, revealing the continent’s leading investment destinations and emerging opportunities. The latest report provides an in-depth analysis of economic trends, policy shifts and market dynamics shaping Africa’s investment landscape, helping investors and …

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TLT Turbo Africa Unveils Smart Fan Set to Transform Mine Ventilation – Updated

South African based manufacturing plant, TLT Turbo Africa has unveiled its latest innovation, a Smart Fan designed to redefine ventilation efficiency across the mining and energy sectors. The company, which has supplied critical ventilation systems to major projects such as the Gautrain and leading mines across Southern Africa, says the …

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Africa Rises as Industrial Force: Sedna Puts Continent at Forefront of Digital Transformation

Following the recent G20 summit, a clear message has emerged: Africa is not merely a beneficiary of the global economy, but a formidable builder, innovator, and industrial force. This reality is most evident in the continent’s accelerating digital and industrial transformation across critical sectors like mining, ports, energy, and infrastructure, …

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The lube kitchen series part 13: Extreme Pressure (EP) additives – the additives that thrive under pressure

By Steven Lumley, technical manager, WearCheck Continuing the journey through the world of anti-wear additives with condition monitoring specialist company, WearCheck, this final instalment of the lube kitchen series looks at additives that work their magic under pressure – Extreme Pressure (EP) additives – the other metal guardians in your …

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Fitch Lifts Zambia’s Rating to B– as Debt Restructuring Nears Conclusion

By : TRUST NDEBELE Zambia’s sovereign credit profile has received a significant boost with Fitch Ratings elevating the nation’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to B–. This upgrade, which mirrors an earlier move by S&P Global Ratings, signals strengthened international confidence in Lusaka’s economic recovery strategy and reform initiatives. …

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Zambia Rejects Proposed State Mineral Stake to Uphold Investor Confidence

Zambia’s presidency has decisively dismissed proposed new regulations that would have granted the state a minimum 15% stake in critical mineral mines without any financial compensation, thereby affirming its commitment to maintaining an investor-friendly environment. A draft “statutory instrument” originating from the mines ministry had stipulated that the government would …

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