Zambia Economy 2026
The Kwacha’s October Slide: Why Copper Dollars Are Not Enough
The kwacha has weakened from K17.87 per dollar in June to about K19.9 despite copper near US$14,000 a tonne. Kelvin Chisanga on the fuel bill, the policy rate…
Macroeconomy & Policy
Coverage of monetary policy, public finance, growth, investment and the national economic outlook.
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Zambia Economy 2026
Zambia’s 2027 Budget: K271.9 Billion to Spend, but Only K6.9 Billion Left for Other Programmes
Opening the 2027 Budget Hearings, Secretary to the Treasury Felix Nkulukusa told ministries to do more with less. Resources are projected at K271.9 billion, but arrears, social cash…
Business & Economy
The Formation Zambia Has Drawn for Growth
Read one by one, the Grow Zambia targets look like separate ambitions. Nathan Meleki argues the 10-10-5-3-3-1-1-1 formation is really a map of connected value chains, from Mkushi…
Banking & Finance
Zambia’s New 20-Year Government Bond: A Deeper Capital Market Test
Zambia's new 20-year Government bond extends the yield curve and gives pension funds a long-term asset. Kelvin Chisanga on what the first auction must reveal.
Agriculture & Mining
The Looming Super El Niño and the Poisoning of World Rivers
No river is immune, warns Dr Kelvin Kamayoyo. A super El Niño is about to test the Zambezi, Kafue and Luangwa through drought and floods, on top of…
Business & Economy
Fuel Price Shock Hits Zambia’s Pump Stations, Carrying Multi-Layer Effects
Petrol is up K6.17 and diesel K6.41 a litre. Kelvin Chisanga explains why diesel matters most, how the end of tax relief feeds in, and why the real…
Inflation & Cost of Living
Zambia Raises Petrol to K31.46 and Diesel to K33.27 as Excise Duty Returns
The ERB has raised petrol to K31.46 and diesel to K33.27 per litre for October 2026, as higher oil prices, a weaker kwacha and the return of excise…
Agriculture & Mining
Zambia Must Build Its Economic Strategy Around Climate Risk
Zambia must treat climate risk as economic risk, argues Kelvin Chisanga, and price it into every major investment and production decision.