According to official government data for the month of June mining and quarrying had the largest share of the Gross Domestic Product in the first quarter of 2026 accounting for 14.8% of the total GDP. Financial expert Jones Sambaombe noted that mining and quarrying dominating GDP share by 14.8% reflects a clear picture that mining still remains the engine of Zambia’s economy. Speaking in an interview with Zambian Business Times Sambaombe noted that the mining sector continues to generate foreign exchange, support government’s revenue through taxes and royalties and attracts foreign investments, and underpins the strength of the Kwacha. “The...
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