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The Lusaka Securities Exchange (LUSE) says the outcome of the presidential election could trigger renewed investor confidence and increase activity on the local capital market. LUSE Chief Executive Officer Nicholas Kabaso says investors who had been holding back while awaiting the election outcome are now expected to begin exploring opportunities on the market. Mr. Kabaso said the development could also encourage more companies that had been considering listing on the exchange to advance their plans. “We see it as a mark of confidence that will come through from the investors, because most of those that were sitting on the sidelines will now look for opportunities for them to enter into the market.” Mr. Kabaso said activity on the market had been subdued over the past six months, largely because investors were waiting for clarity on the political and economic environment following the elections. “If you have to look at the performance of the market in the last six months, we ...

Zambia’s digital savings and investment platform, Patumba, has recorded significant growth in assets under management, rising from K320 million at the end of 2025 to K430 million by the end of June 2026. Patumba, which was created by Hobbiton Investment Management Limited, says the growth reflects increased participation in savings and investment among Zambians. The platform currently has about 1.6 million active customers, with management targeting two million by December. Speaking during the Hobbiton Investment Management Annual General Meeting, Board Chairperson Elias Chipimo said Patumba had made significant progress since its launch. Mr Chipimo said the fund started with about 186,000 unit holders, whose contributions amounted to approximately K1.7 million in its first year. “I don't know if you realize what magic you have helped to create in what you do in contributing your savings towards initiatives that make this country better,” Mr ...

The Citizens Economic Empowerment Commission (CEEC) has called for improved land ownership arrangements to enable Zambians, particularly women involved in agriculture and tourism, to use their property as collateral when accessing financing. CEEC Director General Dr. Charles Mungule says the Commission has so far financed close to 1,200 women undertaking agricultural and tourism projects on customary land, with funding amounting to approximately K200 million. Speaking in an interview with PRIME TV, Dr. Mungule said CEEC's mandate was to implement government's economic empowerment agenda by providing financing to targeted citizens and enterprises. He said since the Commission opened its doors in 2008, it has disbursed a total portfolio of approximately K2.3 billion to targeted citizens and enterprises. “Since 2008, when the Commission opened doors, we have funded so many of the targeted citizens and enterprises, with a total portfolio now standing at 2.3 billion,” Dr. Mu...

Innovation remains at the heart of successful brands as manufacturers respond to changing consumer needs and evolving household demands. At this year's Zambia Agriculture and Commercial Show, Trade Kings Group unveiled two new products Boom 2-in-1 detergent and Hygienics Lime Fresh as part of its continued investment in innovation and product development. The company says the new products have been developed through research, technology and customer feedback, with a focus on delivering greater convenience and value to consumers. Trade Kings Group Manager for Public Relations and Corporate Affairs, Dr. Bridget Kambobe, said Boom 2-in-1 builds on a brand that has been a feature in Zambian households for more than three decades. She said extensive market research and customer feedback informed the development of the new detergent, which offers improved cleaning performance, a longer-lasting fragrance and the quality consumers have come to associate with the Boom brand. Boom ...

The Zambia Revenue Authority (ZRA) has rewarded several customers in the latest prize draw under its Tenga Receipt Yako campaign, an initiative aimed at encouraging businesses to issue receipts and consumers to demand them after every purchase. Speaking during the prize-giving ceremony, ZRA Governing Board Vice Chairperson Nana Mudenda said the campaign, whose name translates to "Get Your Receipt," is more than a promotional exercise as it seeks to promote tax compliance and strengthen domestic revenue collection. Ms. Mudenda said the initiative encourages businesses to fully utilise the ZRA Smart Invoice System while empowering customers to request receipts for every transaction, a practice that helps seal revenue leakages through a data-driven approach. She urged businesses that are yet to onboard onto the Smart Invoice System to embrace the platform, describing it as an indispensable tool in supporting national development through improved tax administration. Ms...

Trade Kings Group says it has invested more than US$1 billion in industrial development, including US$110 million towards Zambia's first starch and glucose plant at the Lusaka Multi-Facility Economic Zone. The investment is part of the company's broader strategy to strengthen local manufacturing, support agriculture and expand Zambia's participation in regional markets. Speaking during a media briefing ahead of the 2026 Agricultural and Commercial Show of Zambia, Trade Kings Group Public Relations Manager Dr. Bridget Kambobe said the company remains committed to supporting sustainable economic growth and industrialisation. She said Trade Kings currently procures approximately 126,000 tonnes of locally grown maize annually, creating a market for local farmers while supporting the development of the country's manufacturing sector. Dr. Kambobe said the company's investments were aligned with this year's Agricultural and Commercial Show theme, “Fostering Tra...

Zambia and Indonesia have moved to strengthen bilateral relations, with both countries identifying mining, agriculture, manufacturing and renewable energy as key sectors for enhanced cooperation ahead of the 50th anniversary of diplomatic ties. The commitment was reaffirmed during the first-ever Foreign Office Consultations between the two countries, held as part of efforts to elevate political relations into stronger economic and development partnerships. Speaking during the consultations, Indonesian Ambassador to Zambia Arief Hidayat said Zambia and Indonesia share a rich history rooted in their struggles for independence and their common commitment to sovereignty, justice and equality. Mr. Hidayat described the inaugural consultations as a milestone in bilateral relations, saying they reflected the determination of both governments to deepen cooperation and unlock new opportunities for growth. He noted that trade between the two countries reached approximately US$11 million ...