Connect with:
Saturday / May 23.
HomeStandard Blog Whole Post (Page 13)

By Charity Kampinda

 As construction progresses on the 270-megawatt thermal power plant in Chief Mukuni’s area of Kazangula District, Southern Province, attention is turning to the project’s potential to address long-standing electricity challenges especially for local residents.

 Some residents and stakeholders, however, remain cautious, drawing parallels to some similar projects such as Chisamba solar project were a similarly ambitious initiative that ultimately failed to alleviate local power shortages after the revelations that the main off takers were mining sector rather than households.

Zambia has grappled with severe power deficits in recent years, with load shedding disrupting homes, businesses, and public services across the nation. In an exclusive interview with the Zambian Business Times (ZBT), former Mukuni Village Headman Edward Muyanje expressed optimism about the plant’s impact.

 “In Zambia, we have a shortage of power supply, so I think it will be mainly for Zambia. We don’t expect anyone to complain about not having power,” Muyanje stated, though he acknowledged the absence of a confirmed commissioning date, with operations anticipated to begin next year. Muyanje also pointed to expectations on job creation as a major benefit for Mukuni and surrounding villages. “Our children are expected to be getting jobs.”

Despite these positives, some stakeholders are wary, citing the Chisamba solar project as a cautionary tale. While that project promised to improve electricity access for local residents, its output was primarily directed to industrial users, leaving many households with continued shortages.

 Residents are now calling for transparency and assurances that the Mukuni thermal power plant will prioritize domestic consumption.

The community is hopeful that the Mukuni thermal power plant will not only boost the reliability and availability of electricity but also drive improvements in local infrastructure and enhance livelihoods in the region.The power generated is expected to primarily support domestic consumption, directly addressing concerns around supply reliability

By Charity Kampinda  As construction progresses on the

By Carol Sichone

The continued disruption of the Strait of Hormuz, one of the world’s most critical oil transit routes has kept global markets on edge, even as oil prices show a slight pullback.

 Brent crude, which had surged above $110 per barrel at the height of tensions between the United States and Iran, has since eased to around $95–$100 per barrel, largely due to earlier expectations that a ceasefire would allow partial resumption of oil flows. However, with the ceasefire now withdrawn and shipping through the Strait still restricted, analysts warn that the relief may prove temporary.

 For Zambia, the implications remain significant.

 Economist Ceasar Cheelo warns that the country is highly exposed to external shocks, with the impact likely to be felt first through fuel, followed by fertilizer, and ultimately food prices.

“In plain terms, Zambia is highly exposed through fuel first, fertilizer second, and food third,” he said, in an interview with Zambian Business Times-ZBT, noting that a prolonged disruption would raise import costs, tighten supply, and quickly feed into inflationary pressures and exchange rate depreciation.

 A recent study by the Kiel Institute for the World Economy suggests that import-dependent economies like Zambia could be highly vulnerable, with risks spilling over into fuel prices, fertilizer costs, and ultimately food security.

 According to Cheelo, diesel-intensive sectors such as mining and transport are expected to feel the immediate impact, while small-scale farmers could face rising fertilizer costs and limited access to inputs in the coming months.

 Urban households, particularly low-income consumers, are also likely to experience the effects through rising pump prices and subsequent increases in staple food costs such as mealie meal.

 The situation highlights the vulnerability of import-dependent economies to global supply chain shocks. Higher oil prices increase transportation and production costs, particularly for fertilizers most of which Zambia imports raising the cost of farming, threatening crop yields, and ultimately driving food prices upward.This creates a ripple effect from global oil markets to local food security.

 Cheelo, emphasized that the policy response must be “multifaceted, targeted, and time-bound,” including securing fuel for essential sectors, managing extreme price spikes where fiscally possible, early procurement of fertilizer, and careful management of maize stocks to stabilize the domestic market.

While the easing in oil prices may offer temporary relief, the continued uncertainty surrounding the Strait signals that global energy markets, and economies like Zambia remain highly vulnerable.

By Carol Sichone The continued disruption of the

By Samuel Mutale

The Landlords and Tenants Information Referral Center has sounded the alarm over a surge in housing market disputes, attributing the rise to widespread ignorance of the Rent Act among both landlords and tenants.

 In an interview with the Zambian Business Times (ZBT), Center Director Roban Muke explained that many conflicts stem from security deposit handling, short-notice evictions, and nonpayment of rent—issues clearly addressed by the Rent Act.

 “Both tenants and landlords seem not to understand the law under the Rent Act CAP 206 and the Landlords and Business Premises Act CAP 193. Most disputes are a result of this lack of awareness. Many landlords have entered the housing business without familiarizing themselves with these laws,” Muke stated.

 He also highlighted the risks associated with undocumented leases, noting that landlords often issue rental agreements without proper documentation, leaving both parties unprotected in the eyes of the law.

 “For example, a security deposit should only be withheld after a property inspection to assess damages, yet many landlords lease without agreements or even send third parties to lock out tenants. A landlord is not a bailiff; their duty is just to lease the property. There is a gap in information,” Muke emphasized.

Affected areas include Six Miles, Kabwata, and Chelstone, where disputes are common.

 Muke called on the government to conduct targeted sensitization campaigns to educate both landlords and tenants on their rights and obligations under the relevant Acts.

 The Center reaffirmed its commitment to promoting legal diligence in the rental market, aiming to reduce disputes and protect the rights of all parties involved.

By Samuel Mutale The Landlords and Tenants Information

By Charity Kampinda

 A sharp discrepancy over the price of eggs in Solwezi has stirred debate among following a recent official report that cited the price of a tray of eggs in the district at about K160.

Remmy Kalepa, Council Chairperson for Solwezi, has clarified in an interview with the Zambian Business Times (ZBT) that eggs are currently selling for between K78 and K80 in most retail shops across the district contrary to the reported K159 per tray.

“The public does not have clear information, and I think the pricing is not being communicated properly because the eggs are currently selling between K78 and K80,” Kalepa said.

 Kalepa attributed any minor price differences to Solwezi’s rapid population growth and rising cost of living, both of which have increased demand for essential goods.

 He also highlighted the district’s economic activity, largely driven by mining, as a factor in local price fluctuations.

 Despite the confusion, Kalepa pointed to positive developments in local production, with more farmers venturing into egg production and other agricultural activities.

He expressed confidence that, with continued government support, the district would see further improvements in both the availability and affordability of eggs.

 The Local leaders urged that there is need to ensure that market information reflects actual conditions on the ground, so that consumers and policymakers alike can make informed decisions

By Charity Kampinda  A sharp discrepancy over the

By ZBT Analyst

The Zambian government has temporarily suspended the export duty on copper concentrates for Mopani Copper Mines – MCM, enabling the export of nearly 100,000 metric tonnes of copper concentrates free of duty.

his decision, announced by the Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, grants tax relief from February 27, 2026, to May 31, 2026. The move government said aims to sustain copper production during a period marked by limited local smelting capacity. The suspension covers approximately 100,000 metric tonnes of copper concentrates and is intended to facilitate the export of ore that cannot be processed domestically due to smelter maintenance and capacity constraints.

Government officials clarified that some of the local smelters are undergoing routine annual shutdowns for maintenance, while others are temporarily out of operation due to technical breakdowns. Key stakeholders such as Konkola Copper Mines (KCM) have been cited as sources for further investigation into the causes of these disruptions.

Explaining the rationale for the suspension, authorities emphasized that Zambia’s policy is to encourage local processing of copper, with a 10% export duty imposed on companies that choose to export unprocessed ore. Typically, companies processing copper domestically are exempt from this duty, thereby supporting local industry, value addition, and job creation.

However, the current smelting constraints have created a bottleneck, risking a halt in copper production and the potential loss of mineral royalty revenue. Officials noted that if companies are unable to export due to the high export duty, and local processing is not possible due to smelter downtime, production could cease, leading to a drop in mineral royalty and other tax revenues.

The temporary suspension is thus seen as a revenue-preserving measure that supports continued production, maintains annual output, and sustains both company profitability and government income tax receipts.

Efforts to obtain a comment from Mopani management were unsuccessful at the time of publication as officials opted for a no comment response.

By ZBT Analyst The Zambian government has temporarily

Mwape rejects comeback as FAZ seeks Copper Queens’ next leader

By Samuel Mutale

 Nora Hauptle arrived in Zambia with high hopes, tasked with transforming the Copper Queens’ style from the muchloved Chipantepante to a more sophisticated, European brand of football reminiscent of Spain’s tiki-taka.

Yet, her tenure has been marred by a disappointing AFCON exit and ongoing disputes with the Football Association of Zambia (FAZ).

Now, as reports of Hauptle’s imminent departure dominate headlines, the key question becomes: who will lead the Copper Queens into the crucial Women’s Africa Cup of Nations (WAFCON), which also serves as a World Cup qualifier?

 Football analyst Augustine Lungu has called on FAZ to consider a local coach with proven Super League experience. “We need someone who can take us to WAFCON and has a longterm plan. The assistant, Charles Halubono, is a good trainer but lacks tactical prowess at this level,” Lungu said.

 Sources close to the FA suggest that Hauptle’s tenure has also been complicated by disputes with local female coaches, many of whom are vying for the top job.

The uncertainty comes at a pivotal time, with WAFCON fast approaching and the Copper Queens’ ambitions on the line. Speculation about a potential return for former coach Bruce Mwape, who led the

team to back-to-back Olympic appearances and a World Cup, has been dashed, as Mwape has declined to return.

With the clock ticking toward WAFCON, FAZ faces mounting pressure to resolve the coaching situation and restore stability and ambition to the Copper Queens’ camp.

Mwape rejects comeback as FAZ seeks Copper

By Tyndale Muchiya

FNB Zambia has officially launched its refurbished Mkushi Branch, reaffirming its long-standing commitment to supporting local communities, driving financial inclusion, and strengthening Zambia’s agricultural economy.

The branch, which has served the Mkushi community since November 2013, has undergone a modern upgrade designed to deliver a faster, simpler, and more customer-centric banking experience.

Speaking during the launch ceremony, FNB Zambia Retail Banking Executive, Mwamba Musambo, highlighted the bank’s continued investment in both infrastructure and customer experience, across its branch network.

Musambo stated; “The refurbished Mkushi branch demonstrates the bank’s evolution toward a more modern, customer‑centric banking experience, designed to be faster, simpler, and more welcoming, and we also ensured uninterrupted service to the district during the refurbishment period, by deploying our Bank on Wheels to provide the banking services”.

Musambo also emphasized that Mkushi remains a strategically important location for the bank, particularly because of its significance within Zambia’s agricultural sector.

The reopening highlights FNB Zambia’s broader focus on expanding access to financial services through solutions such as eWallet Plus, CashPlus Agents, and Group Savings Accounts, all aimed at bringing banking closer to communities.

Mkushi District Commissioner, Jonathan Kapungwe who officiated as Guest of Honour at the event, commended FNB Zambia for its continued investment in the district and its commitment to service continuity.

Kapungwe further emphasized the importance of financial institutions in driving local economic development. “Access to banking services is essential for empowering small-scale farmers, supporting SMEs, facilitating trade, and promoting financial inclusion. This investment will play a key role in strengthening economic activity in Mkushi, which remains a vital agricultural hub” remarked Kapungwe.

FNB Zambia continues to position itself as a partner in national development, with a strong focus on delivering convenient, customer-focused, and inclusive financial solutions.

The reopening of the Mkushi Branch forms part of the bank’s ongoing efforts to enhance service delivery while supporting communities with innovative and accessible banking solutions.

By Tyndale Muchiya FNB Zambia has officially launched

By Philip Sinkala

 The Lusaka Securities Exchange (LuSE) is intensifying efforts to attract new company listings as it seeks to close the substantial $12 billion gap between the exchange’s $17 billion market capitalization and Zambia’s total domestic savings, which currently stand at just $5 billion.

LuSE Chief Executive Officer Nicholas Kabaso, speaking in an interview with Zambian Business Times – ZBT, noted that increasing the number of listed companies is critical for boosting market liquidity and channeling more savings into productive investments.

“As an exchange, we are very aggressive about closing the pipeline of existing listings. Every new company that lists brings fresh liquidity and new opportunities for investors,” Kabaso explained.

He added that while Zambia’s market capitalization is impressive, actual participation remains limited due to relatively low levels of domestic savings. “We have a $17 billion market, but only $5 billion in savings that can be mobilized for investment. That’s a significant gap, and it’s why we’re focusing on both listings and investor education,” he said.

 Kabaso highlighted that recent government policies promoting financial inclusion could help mobilize idle funds and direct them into capital markets. He pointed to successful new listings such as DotCom Zambia and KlaptonRe, with more companies expected to join the exchange before yearend.

 The LuSE CEO also stressed the importance of financial literacy. “Many people are comfortable with products like treasury bills and government bonds, but investing in stocks is less familiar. We’re working to demystify the process, helping more Zambians understand how the stock market works and how they can participate,” he said.

By Philip Sinkala  The Lusaka Securities Exchange (LuSE)

By Charity Kampinda

The Energy Regulation Board (ERB) has imposed a K180,000 fine on Uno Energies Zambia Ltd for fuel contamination and failure to conduct mandatory quality checks.

 ERB has confirmed that it has taken enforcement action against several companies, including Uno Energies Zambia and ZESCO, and Harvest Group of Companies, among others for breaching license conditions and failing to fulfill their statutory obligations.

 Speaking to the Zambian Business Times (ZBT), Energy expert Chris Mapulanga, expressed deep concern over Uno Energies Zambia’s failure to conduct mandatory quality checks, which reportedly led to fuel contamination. “It’s a deep concern as an energy enthusiast about reports regarding Uno Energy Zambia’s failure to conduct mandatory checks, leading to fuel contamination,” Mapulanga stated.

 He explained that contaminated fuel can cause serious engine damage to vehicles and machinery, resulting in costly repairs for consumers and businesses. In addition to financial burdens, such incidents may create safety hazards and raise significant environmental and public health concerns.

“ Such oversights not only jeopardize the safety of consumers but also pose significant risks to the environment and public health,” Mapulanga warned.

He called on regulatory authorities to enforce stricter compliance standards across all energy companies by conducting regular audits and unannounced inspections.

 Mapulanga also emphasized the need for fuel companies to invest in staff training, reinforce routine quality checks, and foster a culture of accountability and transparency.

 “Transparency in operations and prompt communication with the public regarding safety measures can help rebuild trust and ensure consumer safety,” he said. Uno Energy fined over oil contamination

By Charity Kampinda The Energy Regulation Board (ERB)

By Francine Chibuye

 As Zambia celebrates a bumper maize harvest and the government lifts export restrictions, concerns are mounting that middlemen, not farmers, may be poised to reap the greatest rewards from the country’s maize export boom.

 The Ministry of Agriculture recently announced the removal of export bans on maize grain and mealie meal. This move, now allows traders, millers, and individuals to export maize to regional markets, provided they obtain permits through the Zambia Electronic Single Window platform.

Agribusiness expert Samson Phiri described the export liberalization as a potentially transformative opportunity for Zambia’s agricultural sector.

 However, he issued a stark warning: unless robust safeguards are implemented, middlemen and so-called “briefcase buyers” could dominate the value chain, leaving smallholder farmers with only a fraction of the profits.

 “While opening the export market promises more liquidity and higher prices, there’s a real risk that middlemen will capture most of the gains,” Phiri told Zambian Business Times. “Without clear parameters and strong oversight, the intended benefits may not trickle down to the farmers who put in the hard work.”

 The government’s decision follows a record harvest of over 4 million metric tonnes, including a surplus of more than 500,000 tonnes. Cabinet has approved the export of 500,000 tonnes of maize grain or mealie meal, an opportunity hailed as a win for the country’s economy.

But Phiri cautions that the absence of transparent mechanisms to ensure fair pricing and direct access for smallholders could see profits siphoned off by intermediaries who have historically wielded significant influence in Zambia’s maize trade.

 He urges authorities to establish clear guidelines and monitoring systems to guarantee that profits are equitably shared, especially with small-scale farmers who form the backbone of the nation’s food production.

“The export initiative should not become a windfall for a few but a catalyst for broad-based rural prosperity,” he said.

 As Zambia steps onto the regional stage as a maize exporter, the challenge remains, will the lion’s share of this new wealth stay in the hands of middlemen, or can the nation ensure that its farmers truly benefit from the maize export boom?

By Francine Chibuye  As Zambia celebrates a bumper