The Zambian government has announced the suspension of export duty on precious stones and metals, a move aimed at stimulating the mining sector and increasing international trade competitiveness. This development follows the issuance of Statutory Instrument No. 4 of 2025, titled The Customs and Excise (Precious Stones and Metals) (Export Duty) (Suspension) Order, 2025.
ZESCO Limited has signed 29 Power Purchase Agreements (PPAs) with Independent Power Producers (IPPs) to enhance Zambia’s energy security and sustainability. The agreements, signed at the Mulungushi International Conference Centre, represent a significant milestone in diversifying the country’s electricity sector and expanding renewable energy generation.
Key Initiatives
These agreements fall under three major initiatives aimed at increasing Zambia’s power generation capacity:
The Independent Broadcasting Authority (IBA) has issued a stern warning to Diamond TV over its failure to maintain professionalism during its Breakfast Show aired earlier today. The program, which featured Mr. Francis Kapwepwe, reportedly included inappropriate language that was not properly moderated, raising concerns from the regulatory body.
The Citizens Economic Empowerment Commission (CEEC) is a statutory body under the Ministry of Small and Medium Enterprises Development (MSMED) that was established to foster broad-based economic empowerment in Zambia. The CEEC offers a variety of funding options for Zambian citizens and businesses, including:
As copper prices hover around $8,500 per tonne, Zambia should galvanise mining companies into boosting production for the red metal and leverage on the attractive prices that are likely to continue on the growth trajectory.
The requirements for opening a company in Zambia are as follows:
Empowering local farmers has been a longtime debate and fight in the farming sector, with one of the biggest out cries being local supply against foreign imports.
Zambia National Farmers union (ZNFU) president, Jervis Zimba, through a press release had announced that on the 26th of April, onion and potato value chain stakeholders that included traders, processors and producers during a protracted meeting at the ZNFU secretariat agreed that there shall be no more imports of onions or frozen onion related products as the country had more than enough stock.
Vedanta Resources Ltd has finally agreed to suspend legal action to reclaim KCM. This agreement comes pending talks to settle the dispute.KCM was placed under provisional liquidation after the previous government alleged that the company was evading tax obligations and giving false information regarding its expansion projects.
The case has been in the courts for a while preventing any possible investment opportunities from interested parties as well as stalling of any progressive undertakings to revive the state of the mines.
The Zambian Development Agency (ZDA), in collaboration with the Finnish government funded Accelerated Growth for Micro, Small and Medium Sized Enterprises in Zambia (AGS Programme), ABSA Bank Zambia PLC and the Federation des Enterprises du Congo (FEC) will on October 20, 2021, take 52 export ready Zambian businesses and exporters on a Trade Mission to the Democratic Republic of Congo (DR Congo), to help secure market access for their products.
Buying property in Zambia is not as complicated as people think if proper procedure is followed and all potential loopholes avoided. Are you looking for land, farms for sale, houses for sale or any other investment property in Zambia? This simple guide highlights a few steps that will guide and help ensure a smooth transaction as you are buying property in Zambia regardless of the location of either purchaser or vendor (selling party);
