
What the Bank of Zambia Policy Rate Means for Your Loan
The policy rate is 13.25% but the average lending rate is near 28%. Why the gap exists, what actually moves your repayment, and the three questions to ask…
The latest reporting and analysis from The Zambian Economist, across every beat we cover.

The policy rate is 13.25% but the average lending rate is near 28%. Why the gap exists, what actually moves your repayment, and the three questions to ask…

Load shedding hit twelve hours a day and the deficit reached 1,600MW. Supply is better in 2026 - but the costs it imposed are still sitting on Zambian…

Zambia bought back a US$1.36 billion bond with an AfDB loan and committed US$275 million in savings to the power grid. A world first - explained, with the…

The kwacha is up 20% this year. It cuts import costs and inflation - but squeezes exporters, tourism and the government revenue base. Who wins, who pays, and…

Zambia's inflation fell to 6.5% in June 2026, back inside the Bank of Zambia target band. What drove it, which parts are temporary, and what it means for…

Copper sets the kwacha, and the kwacha sets almost everything else in Zambia. The full chain explained - production, price, currency, inflation and your borrowing costs.

Inflation, the kwacha, copper, interest rates, power and public debt - a plain-English guide to the numbers shaping Zambia in 2026 and what each one means for business.

Debt restructured to 94 per cent of perimeter, inflation at an eight-year low, and record harvests - set against a primary surplus falling by two-thirds and no successor…