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HomeMarketsMining sector dominates Forex inflows with $915 million in Q1 2026

Mining sector dominates Forex inflows with $915 million in Q1 2026

According to the bank of Zambia quarter 1 report for 2026 the mining sector has continued to dominate inflow of forex into the country with the net foreign exchange sales by the mining companies increasing to $626 million.  A further check by the Zambian Business Times-ZBT revealed that tax remittance to the Bank of Zambia amounted to $289 million, bringing the inflows raised in terms of foreign exchange liquidity supplied by the mining sector to $915.7 million compared to $759.4 million recorded in the previous quarter. Meanwhile, Economic expert Fitzgerald Witika has noted that the reported inflows coming from the...

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