We’re accelerating reforms to strengthen domestic revenue collection – ZRA
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The latest market, economy, central-bank, policy and company stories from Zambia, updated every 15 minutes. Last updated 19 October 2026.
| GDP growth (2025) | 3.8% | Moderate growth. |
| Inflation (2025) | 13.9% | High inflation: money loses value quickly. |
| Unemployment (2025) | 5.9% | Moderate. |
| GDP per person (2025) | $1,318 | Average output per person: a rough measure of how wealthy a country is. |
| Current account (2024) | -4.4% of GDP | Deficit: spends more abroad than it earns, so it relies on foreign money. |
| Exports (2024) | 35.0% of GDP | An open, trading economy. |
Latest official annual figures from World Bank Open Data (CC BY 4.0). Context, not a forecast or financial advice.
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Government has challenged local authorities to translate the Grow Zambia Agenda into practical and measurable results at community level. Northern Province Acting Permanent Secretary, Beauty Undi-Phiri, underscored the need for councils to take a leading role in actualising economic expansion agenda.
Ministry of Information and Media Director Spokesperson, Henry Kapata, says Zambia’s drive to expand local manufacturing is beginning to take shape at the Golden Baobab Multi facility Economic Zone in Kafue, where truck trailer assembly is now underway, alongside timber processing and preparations for animal stock…
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Permanent Secretary for Special Duties at Cabinet Office, Lackson Kasonka, says that the Government’s Grow Zambia agenda depends heavily on effective supply chain management and transparent public spending.
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Zambia Revenue Authority (ZRA) Commissioner General, Dingani Banda, has called for stronger international cooperation among tax administrations to address increasingly complex transactions, rising taxpayer expectations and other emerging challenges in revenue collection.
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Zambia lowered its economic growth forecasts for 2027 and 2028 to 4.9 percent and 5.0 percent. The previous projections were 6 percent and 7.5 percent. Minister of Finance and National Planning Situmbeko Musokotwane cited the threat El Niño poses to agriculture and the prolonged impact of the Gulf war.
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The Chinsali High Court has set November 25, 2026 as the possible date to deliver judgment in the election petition case for the Mwenzo Parliamentary Constituency in Nakonde District, Muchinga Province.
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We hope you’ll spare part of your precious time to absorb and comprehend the gist of issues raised herein and respond accordingly, devoid of any emotions, malice, naivety, worst of all, hypocrisy. This is equally applicable to Brebner Changala, Rev.
Central Province Permanent Secretary, Milner Mwanakampwe, has called for improved access to energy to enhance productivity for citizens to contribute to the Grow Zambia Agenda. Dr Mwanakampwe says ensuring that all citizens have access to electricity is key to promoting economic growth and development.
Economist Trevor Hambayi says reviewing the Energy Regulation Board (ERB)’s monthly fuel pricing mechanism could improve business planning, reduce inflationary pressures and support Zambia’s economic growth.
ZCCM Investments Holdings (ZCCM-IH) has declared a final dividend of approximately K183 million for the 2025 financial year, making it the 11th consecutive year the company has rewarded its shareholders.
Zambia has taken a financing and investment agenda to the International Monetary Fund and World Bank Group annual meetings in Bangkok, Thailand. Its aims are to secure approval of a new IMF programme, raise money for power and transport projects, and pitch the country to global investors.
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Government has challenged small and medium enterprises (SMEs) in the country to identify practical measures that can improve the business environment, expand access to affordable finance and strengthen digital adoption.
The creative sector has applauded President Hakainde Hichilema for including it in his address during the opening of the First Session of the Fourteenth National Assembly on Friday.
[African Arguments] Zambia's 13 August general election was already fraught before anyone tried to challenge its result, according to an account human rights lawyer Linda Kasonde has since published on her Substack. The army had been deployed to polling stations, she writes, a role outside its constitutional mandate.