Economy News
Stay informed with African economy & business news, startups, finance updates, entrepreneurship insights, and market trends driving growth across Africa.
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Oil Prices Fall as US-Iran Peace Deal Sparks Global Market Rally
Oil prices have fallen and shares risen after the US and Iran said they had agreed a framework deal to…
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Zambia’s Copper Industry Gets Boost With Chingola Mine Reopening
Zambia has officially reopened the historic Chingola “B” Mine under Konkola Copper Mines, marking a major milestone for the country’s…
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EFC Brings Banking Services Closer to COMESA and Soweto Market Traders
Entrepreneurs Financial Centre (EFC) Zambia has launched a new initiative aimed at bringing banking services closer to traders operating in…
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China Donates Over 80 Vehicles to Strengthen Zambia Police Operations
The Chinese government has donated more than 80 motor vehicles to the Zambian Government to support the operations of the…
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Trump Pushes Federal Gas Tax Suspension as US Fuel Prices Hit Multi-Year Highs
President Donald Trump has announced support for temporarily suspending the federal gas tax as Americans face sharply rising fuel costs…
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Oil Prices Surge as Trump-Iran Tensions Shake Global Markets
Global fuel markets are facing renewed turmoil as rising tensions between the United States and Iran continue to shake confidence…
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Strategy is hitting pause on its bitcoin buying streak—at least for now.
Executive chairman Michael Saylor confirmed on Sunday that the company will not purchase additional bitcoin this week, temporarily stepping away…
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Hichilema Launches US$430M Mingomba Mine Project in Zambia
On Wednesday, President Hakainde Hichilema officially started the shaft sinking project at Mingomba Mine in Chililabombwe. His government is calling…
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Zambia, DR Congo Deepen Defense Ties to Protect Trade and Security
LUSAKA — Zambia’s Defense Minister has moved the country’s security partnership with the Democratic Republic of Congo from being just…
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High Court Rejects Abel Ng’andu’s Attempt to Take Control of Company
The High Court has rejected a bid by businessman Abel Ng’andu to take control of Ng’andu Consulting Limited, dealing a…
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