Grants for the production of COVID-19-relevant medical and pharmaceutical products

The Secretariat of the Southern African Development Community (SADC), the European Union (EU) and the Government of the Federal Republic of Germany have launched the “COVID-19-relevant Medical and Pharmaceutical Products” (CMPP) project.... Read more »

Bank of Zambia Disburses over One billion Kwacha to Financial Service Providers

The Bank of Zambia (BoZ) has so far disbursed over One billion kwacha to Financial Service Providers ( from the Targeted Medium-Term Refinancing Facility of the 10 billion kwacha... Read more »

July Inflation drops from 15.9% to 15.8 %

Zambia’s July Inflation dropped by 0.1% from 15.9% in June, increasing the the annual inflation rate to 9.7 percent in July 2020 from 5.8 percent in July 2019. The... Read more »

ZACCI-Texila American University sign MOU

It is with great pleasure that we wish to inform you that, ZACCI and Texila American University have decided to sign a Memorandum of Understanding with the desire to... Read more »

Kenya-based credit data marketplace CARMA signs agreement for initial rollout in Zambia

Kenya-based credit data marketplace CARMA, which provides lending companies with access to real-time credit data on a peer-to-peer basis through a pay-as-you-go service, has signed an agreement for an... Read more »

IMF widens Zambia’s recession forecast to -5% as COVID19 effects deepen

IMF revised Zambia’s recession forecast for 2020 wider to -5.0% from an earlier -3.2% (at the virtual spring meetings in April). This meeting was held after cabinet approved for... Read more »

ZAM appoints new CEO

Zambia Association of Manufacturers – ZAM has appointed a new Chief Executive Officer (CEO) Florence Muleya to take over over from Chipego Zulu who is currently the Associations Vice... Read more »

Young Zambian startup Sage Valley Spices gets awarded K250,000 financing facility from the Empress Fund

Young Zambian startup Sage Valley has been awarded a revolving working capital facility of up to K250,000 by the Empress Fund based in South Africa. Sage Valley was established... Read more »

MCTI launches Business Survey Report

The Ministry of Commerce Trade and Industry with support from the United Nations Development Programme (UNDP) conducted this business survey in order to assess the impact of the Covid-19... Read more »

Zambian fintech startup receives $1-million investment

Lupiya, a Zambian based microfinance startup has received an investment of $1-million from Enygma Ventures, a US venture capital (VC) fund. Read more »