Red Arrows bag K18, 000 after Rugby 7’s triumph
It was a do or dunk affair,
It was a do or dunk affair,
Attracting Foreign Direct Investments - FDI is
The Zambia Tourism Agency (ZTA) has officially signed six-month Memoranda of Understanding (MoUs) with two international media companies, the British Broadcasting Corporation (BBC) and the American travel technology company, Expedia Group. This strategic collaboration aims to significantly boost Zambia’s visibility as a premier tourism destination through a targeted six-month tourism campaign.
Speaking at a media briefing attended by the Zambian Business Times – ZBT, ZTA Chief Executive Officer, Matongo Matamwandi, highlighted ZTA’s ambitious goal to reach 3 million tourist arrivals by 2026, contributing substantially to the nation’s Gross Domestic Product (GDP) and fostering job creation within the sector. To achieve this, Matamwandi said the agency has developed a comprehensive marketing plan, with these new partnerships forming a crucial part of its strategy.

“Part of our strategy involves leveraging satellite TV broadcasters like the BBC and prominent online media platforms, which is why we chose Expedia,” Matamwandi explained. He emphasized that these selections were intentional, designed to drive the desired increase in tourist numbers.
Matamwandi clarified that the selection process for both BBC and Expedia was rigorous, adhering to public procurement regulations. “We would have liked to initiate this much earlier, but we had to follow the normal procurement process. BBC competed with other major television stations like CNN and Al Jazeera, and through the tender process, BBC emerged as our preferred broadcaster,” he noted.
A key factor in choosing the BBC was its extensive global reach and competitive pricing. Matamwandi revealed, “We were particularly attracted to their reach as they will connect with more people. I must also state that they were reasonable in price and willing to negotiate, securing us close to a 60 percent discount on the contract we’re signing. This was inspired by the President’s continuous encouragement to negotiate the best deals for the country.”
He said the six-month BBC tourism promotional campaign is projected to provide immense brand visibility for Zambia. “With 125 million monthly viewers on their platform, and a presence in 200 states worldwide, the campaign is expected to deliver significant exposure. Beyond traditional media, the digital component of the BBC campaign alone is anticipated to generate close to 300 million website views.”
He noted that the motivation behind this extensive awareness campaign stems from a recent survey conducted in key source markets including the UK, Europe, and the U.S adding that the results from an independent organization in the UK showed alarming awareness levels only three percent in the UK, two percent in Europe, and five percent in the U.S. knew about Zambia as a holiday destination. “This means that for every hundred people asked, only a handful were aware of Zambia. This motivated us to launch a mass marketing awareness campaign, ensuring potential tourists know Zambia exists and offers numerous products for holidays.”
Similarly, Expedia Group, a leading online travel agency, was selected after a competitive tender process against platforms like Booking.com and Trivago. Matamwandi highlighted Expedia’s strong numbers and reasonable pricing as key determinants.
“Expedia’s platform is more targeted, as it caters directly to the tourism trade – travel agents, destination marketing companies, and individuals looking to book travel. By advertising Zambia directly on these platforms, we are reaching our target audience right where they are actively planning their trips.”
Matamwandi emphasized the government’s insistence on demonstrable return on investment (ROI) for increased marketing budgets. “We need to know what we are getting in terms of revenue, contribution to GDP, and job creation for every dollar invested in promoting Zambia,” he stressed. “Expedia’s data will enable us to report back to the government with tangible results, advocating for further investment in the sector.”

ZTA CEO also passionately advocated for tourism’s long-term sustainability. “Tourism is probably the most sustainable sector we have as a country,” he asserted. “Unlike minerals, which are finite, tourism, especially our nature-based tourism, is sustainable because we don’t deplete anything from nature.”
He further highlighted tourism’s widespread economic benefits, reaching every district in Zambia and offering employment opportunities across various skill levels. “Tourism can employ almost everyone, anywhere, from tour guides to lodge staff who can be trained on the job,” Matamwandi said. “We believe that if we build this sector, it has the potential to one day attract 10 million tourists, which would have a tremendous impact on GDP and job creation.”
Matamwandi said the new key source markets include the GCC (Gulf Cooperation Council) countries such as Dubai, Qatar, Bahrain, and Saudi Arabia, as well as India, China, and Brazil.
He also noted the growing importance of regional tourism. “Zimbabweans are taking holidays in Zambia, and South Africa now accounts for the highest number of arrivals into Zambia, so we are not ignoring these vital regional markets,” he stated. He also hinted at a future agreement with Kenya to facilitate tourist exchanges, capitalizing on East Africa’s lack of significant waterfalls, a key attraction in Zambia.
“We have expanded our key source markets to include the African region as a whole, and these are the major markets we will focus on. The BBC’s coverage of most of these markets was a significant attraction for us, and we are hopeful for positive results from these campaigns,” Matamwandi concluded.
The Zambia Tourism Agency (ZTA) has officially
The construction of the 89-kilometer Lumwana-Kambimba Road, which will open a highway between Zambia’s largest copper-producing region of North-Western Province and the Democratic Republic of Congo (DRC)’s copper-rich province of Lualaba, with its capital Kolwezi, is now underway and progressing.
An on-the-spot check and tour conducted by the Zambian Business Times (ZBT) revealed that the concessionaire, Sandstone Consortium, has fully mobilized and resumed road construction works after securing key approvals needed to commence construction works.
The road is expected to be financed by a combination of equity and debt, with the consortium having fully mobilized and resumed construction works by injecting their own equity with the financial closure for securing full financing now almost complete.
The signing of the border agreement between Zambia and the DRC remains the only outstanding action, perhaps the final hurdle that the Zambian government needs to urgently facilitate to enable full financial closure and accelerated road and border infrastructure construction.
A check on the Zambian side by ZBT revealed that site mobilization is complete, with a fully functional site lab installed, construction equipment, and earth-moving vehicles and machines on site, and works progressing.
ZBT also found that Sandstone Consortium has secured and has on-site a full complement of construction consultants, project managers, and general workers (mostly hired from the local community), with construction works now underway.
Bush clearing of the approved road pathway is 100% done, with 78km out of the 89km fully surveyed and cleared.
Sandstone Consortium official representative Marcus Ascott told ZBT during the site visit and tour that the partnership with the government has so far been excellent. The government, through the Zambia Environmental Management Agency (ZEMA), has timely approved the Environmental Impact Assessment (EIA) plan, and the resettlement plan has also been approved, with all affected individuals duly resettled.
“Yes, ZEMA has timely approved the EIA plan, the resettlement plan, and we have received support from the Ministry of Infrastructure, the Road Development Agency (RDA), and the Public Private Partnership (PPP) team,” Ascott told ZBT.
Ascott further told ZBT that “the road designs, which were done by the consortium partner and well-respected engineering firm Rankin Engineering, have also been approved, which has enabled Sandstone Consortium to immediately commence construction.”
The two concessionaires from both the Zambian and DRC sides of the border have also signed a co-operation agreement and have agreed to coordinate their works such that the roads from both sides of the two countries progress simultaneously. This will enable the road construction and border infrastructure completion timelines to be coordinated to ensure efficiencies and the opening up of the trade route without delay.
When asked by ZBT which government agency or ministry was remaining for the PPP road construction project to attain full financial closure so that construction works can be accelerated, Sandstone Consortium stated that the only remaining step is for the Ministry of Commerce and Trade, working with the Ministry of International Relations, to conclude engagements with their DRC counterparts and sign off the border agreement.
“Once the border agreement is signed off, all things being equal, this road construction will be accelerated, and with our project team and experienced consultants and partners on the ground, we can look at completing this project even ahead of the current projection of two years for the construction period.”
The Lumwana-Kambimba border road is an important economic road that will not only improve trade volumes between Zambia and the DRC but will also provide massive business and employment opportunities for the people of North-Western Province and Zambia as a whole. This road project is greenfield as it is opening up new land for development, new border infrastructure, as well as warehousing, retail, and commercial opportunities at the border and along the new road. This implies new and more business opportunities and jobs for Zambians.
The construction of the 89-kilometer Lumwana-Kambimba Road,
INDENI Energy Company Limited, a state-owned enterprise, has made significant strides in enhancing Zambia’s energy security by increasing its contribution to 25 percent of the nation’s total diesel demand. This notable increase in domestic fuel supply represents a vital step towards bolstering the nation’s energy resilience.
Under the current state of INDENI Energy, which has undergone a comprehensive transformation from a traditional oil refinery, INDENI is now dedicated to fuel trading and building a strategic partnership with TAZAMA Pipelines, aimed at achieving sustainable fuel supply.
Speaking in an exclusive interview with the Zambian Business Times – ZBT, at the 59th Zambia International Trade Fair, INDENI Energy Limited, Board Chairperson, Watson Lumba, noted that the company’s remarkable turnaround, involved a challenging but successful restructuring which included a significant redundancy program for former refinery staff, costing over half a billion Kwacha, and the subsequent recruitment and reorientation of personnel towards a commercial business model.

He said through perseverance, INDENI overcame initial setbacks and secured contracts, including a significant partnership with First Quantum Minerals (FQM) to supply low-sulphur diesel.
This partnership not only provided vital liquidity for operations but also positioned INDENI to tap into the growing demand from the mining sector, which is a major consumer of diesel, as the country targets to ramp up copper production to 3 million metric tons per annum by year 2031.
Lumba noted that initially operating without seed capital, INDENI leveraged its human capital, existing equipment, and the strategic advantage of being a state-owned enterprise to secure transactional agreements.

He said a key milestone was gaining access to the converted TAZAMA pipeline, which, along with partnerships with companies like FQM and Vitol Energy, allowed INDENI to increase its supply capacity. Lumba said the company is also in discussions with Saudi Aramco and has an agreement with Abu Dhabi National Oil Company (ADNOC), for supply, further diversifying its sources.
“Currently, INDENI has attained a remarkable achievement by supplying 25% of the national diesel requirement, demonstrating its growth trajectory and commitment to stability.”
He said this strategic shift and organic growth have not only made INDENI self-reliant, operating without government subsidies and consistently paying its workers, but also repositioned it as a key player in Zambia’s energy sector.
“Our key suppliers currently include ADNOC of Abu Dhabi, and we are actively working to establish a partnership with Saudi Aramco and through these strategic alliances, we are able to supply local service station companies, mines, and other industries, such as the Zambia Forestry and Forest Industries Corporation (ZAFFICO) PLC, at competitive wholesale prices. Lumba noted that INDENI is also proactively participating in various national tenders to further expand its market reach. “We are confident in our current trajectory and commend the unwavering commitment of our management team in achieving these milestones.”
Lumba added that with the largest tankage capacity in the country (approximately 156 million liters combined storage capacity), strategic proximity to the TAZAMA pipeline, and a new commercial department, Indeni is well-positioned to continue enhancing Zambia’s fuel security and supporting the nation’s economic growth, especially in critical sectors like mining.
The Board Chair added that INDENI’s current success is driven by a focus on high-volume sales with competitive, albeit, low margins, but good enough for the company to survive, ensuring a stable and affordable supply for the nation.
Lumba said the company has also successfully developed new revenue streams, including laboratory testing services for other OMCs and tank hospitality.
Looking ahead, Lumba said INDENI Energy is exploring the development of its own service stations, particularly targeting underserved communities, with a pilot mobile service station already underway in Kasenseli, Mwinilunga.
He said the company also plans to expand into INDENI lubricants and Liquefied Petroleum Gas (LPG) for cooking.
Meanwhile, INDENI Energy Company Limited, Chief Executive Officer, Evans Mauta, said the company has achieved a stabilized supply and improved its financial position, which looks much cleaner than last year, although it remains close to break-even.

He also reiterated that plans for the future include the integration of retail facilities and entry into the export market within the next two years, adding that INDENI has successfully established support supply services and expanded sales into the mining and wholesale level.
“Currently, INDENI is supplying approximately 35,000 metric tons of cargo monthly and aims to enhance this capacity through improved logistics. Future diversification of supply sources is also being considered to reduce reliance on a single pipeline.”
Mauta added that INDENI recognizes the risks associated with price fluctuations and is preparing to utilize exports as a strategy to offset financial losses when necessary.
He, however, assured that the company will focus on managing exports prudently, ensuring local market needs are prioritized.
INDENI Energy Company Limited, a state-owned enterprise,
Whatever method or policy the government has employed, it’s debatable if its working for the treasury, for establishing gold reserves or for the majority citizens who it owes a duty of trust.
The Zambian Business Times – ZBT through it’s specialized mining coverage has been reporting and documenting sporadic and locals mineral discoveries and the eventual results.
The story is not good, it’s actually BAD and a big indictment. It seems like whenever Government gets involved or moves in to purportedly ensure safe mining, the mineral viability seems to vanish or simply becomes a state secrete.
Both the locals who discover these mineral wealth and the treasury seem to have nothing to show for it. This is why we are now witnessing killings of desperate citizens and artisanal miners who see these take overs by government as wanton thieving, opportunity deprivation by those sent by government.
Below are a few incidents or mineral wealth rush that show that really, there is something fishy or terribly wrong going on. See some timeline below and some of the mineral finds which have largely gone mute.
2018 – Luano Valley gold rush – Govt moved in, and this story has since died, no mine has sprung up and this district remains underdeveloped.
2019 – Kasenseli gold rush – Mwinilunga , govt moved in through ZCCM-IH & ZNS, viability and geological occurance of gold which was initially thought to be in billions of dollars has vanished, Mwinilunga remains rural and underdeveloped despite this highly expectant find.
2022 – Muombe mine Sugilite rush – Chembe, then Luapula Provincial minister was even sacked, but later Govt reported that the mineral had been exhausted. The affected minister was later acquitted. Luapula remains with no serious mine and attracting serious multi million dollar investments remains a pipedream.
2023 – Mumbwa gold rush, again govt moved in, removed artisanal mining and so far, the fairy story has died. This mine was reported to be embroiled in double licences, Mumbwa town remains reliant on agriculture.
2023 – Kanyelele gold rush – Mpika, govt moved in, the story has since died a natural death. Some ZEMA environmental reports stated that a Chinese mine was coming up, to date, Mpika remains in limbo
2024 – Mapatizya Amethyst rush – Govt moved in, so far, it’s not clear who is benefiting from the mining activities. It was at least reported that the locals would be given artisanal licenses, who has made fortune from this mineral find? It still remains a secrete.
2025 – Kikonge gold rush – Mufumbwe, govt has moved in, what should Zambia’s expect? Citizens have even lost their lives with the exact number reminind unconfirmed after the artisanal unlicensed miners rioted when police and military personnel went to evict them.
Tungsten was also reported to have been discovered in large quantities and with all the above cases, can you surely blame artisanal miners and locals in these areas for resisting eviction?
If these finds are not significant as some government officials would want the nation to believe, why then dont they allow the locals to continue with their artisanal mining activities? Why not formalize their activities as opposed to evicting them?
Who is really benefiting from these mine takeovers? Why are there no serious and credible investors to help transform these towns?
Who is checking if that private company contracted to do mineral survey is doing the right thing? Is there anyone looking out for Zambia or it’s all about personal gain???
Whatever method or policy the government has
Chipolopolo Legend Kenneth ‘Bubble’ Matoli has expressed gratitude towards his appointment to the Football Association of Zambia (FAZ) National Team Technical Sub Committee.
Yesterday, FAZ appointed several officials to key positions in regards to the development of football, headlining the appointments is Matoli and Kalusha Bwalya, member and Vice President of the Sub Committee respectively.
Marking a significant overhaul, ever since Keith Mweemba was elected as FAZ President a few months ago.
However, the appointment of the duo has drawn appraise from many football enthusiasts who have longed for such legends to be apart of the decision-making process of football.
Speaking in an exclusive interview with the Zambian Business Times (ZBT), Malitoli echoed “Thanks to FAZ for the appointment and am looking forward to serving the country, and am looking forward to seeing the terms and conditions of this appointment.”
Matoli was part of the rebirth of the Chipolopolo after the demise of the 1993 team in the Gabon disaster. And during the 1994 Africa Cup – he scored a goal against Ivory Coast in the quarter final, although Zambia lost to Nigeria in the final.
He was the first Zambian to win the CAF Champions League, during his time with Esperance in 1996. Matoli played for the Chipolopolo from 1988 to 1999, making 88 appearances and scoring 19 goals in the process.
Commenting on the appointment, Football analyst Augustine Mwanza echoed that the appointment in good faith for the progress of football in the country.
“This appointment is not just Keith Mweemba but for the good of football development, Bubble Matoli is a legend, With the experience that he has had and the way he has travelled around Africa, he will bring a lot of experience, but modern-day football has evolved, it’s different from 20 years go, there are certain areas where he will also need to upgrade for him to be up to parity.”
Mwanza called on FAZ to recruit scouts for the grassroot, to be dotted around the country. And suggested that the Association must also onboard other former players and officials to part of the decision-making process.
Chipolopolo Legend Kenneth ‘Bubble’ Matoli has expressed
The Olympians Association of Zambia (OAZ) has hailed David Mwale for clinching the WBC Bantam weight Title against Ghanian fighter Michael Decardi Nelson.
Mulungushi International Conference was a hive of boxing last weekend, as Mwale took the weight of the country on his shoulders, knowing that he was the first Zambian since Lottie Mwale to participate in a WBC bout.
Sniper delivered some sleek blows in a 12-round encounter, in which the first Juge carded 119-108 and the second and third judges carded 118-108 in favor of Mwale who won by Unanimous decision.
Speaking in an exclusive interview with the Zambian Business Times (ZBT), Olympians Association President Jonathan Chipalo said the victory is a big achievement for Zambia especially that Mwale became the first Zambian to win the Bantamweight title.
“We met after the fight and congratulated him, he has what it takes and he is a very intelligent young man, and been in the service it adds more discipline and value to him, that is a plus for Zambia, it’s a branding of the nation, the cake for the nation is a round one and this is exciting for our Country.”
Chipalo who is also a seasoned sports advocate, called on Mwale to be focused and aspire for more greater heights in boxing.
He added that upcoming boxers should emulate Mwale and stay focused and resilient to make the country proud in any endeavour.
“They should also look up to this young man Chinyemba, who is one of the most disciplined amateur boxers, he is following the previous Olympians, the sky is the limit for both of them, they should not relent, nothing comes on a silver plate but training and they should also put their education in order in any form.”
He further called on Mwale and other athletes to be cautious over the usage of social media, “They should avoid abusing social media, because when I open some of the pages of these sports men, its a sad story, this is an important advice that we are giving our athletes, we also need to change the narrative that most of the athletes end up being drunkards after retirement.”
The Olympians Association of Zambia (OAZ) has
According to the 2025 crop survey report conducted by Zambia Statistics Agency -ZamStats, seed cotton has recorded a reduction in production from 9 thousand metric tons in 2024 to only 6 thousand metric tons in 2025, which is indicating 26.9% reduction.
However, Agriculture Expert Dr. Oliver Bulaya has attributed the reduction in seed cotton production due to lower selling prices on the market which has discouraged alot of farmers from engaging in seed cotton production.
Speaking in an interview with Zambia Business Times-ZBT, Dr. Bulaya noted that a lack of local industries within the country to buy cotton from local farmers has also contributed to reduced production, making farmers depend on international market.
“The lack of local industries within the country to purchase cotton produce by the farmers in the country is a major challenge and discourages many farmers from engaging into cotton production, as they avoid making losses”, said Dr. Bulaya.
However, Dr. Bulaya has since emphasized on the need to create more industries such as textile that will be able to purchase cotton and make various products. “We invest in setting up textiles and industries within the country and local manufacturing industries that could be able to buy cottons even before it is exported”, said Dr. Bulaya.
He further called for the establishment of cost effective prices, because cotton is expensive to grow.
According to the 2025 crop survey report
The Zambia Association of Manufacturers (ZAM) has indicated that it anticipates a reduction in cement prices following the launch of the Chilanga Cement Plc’s recent $30 million industrial expansion project.
Chilanga Cement a member of the Huaxin Group, officially commissioned the upgraded Kiln 1 and a new Lime Production Line at its Ndola Plant. Huaxin Group President Li Yeqing stated that the renovated Kiln 1 has increased clinker production capacity from 500 to 1,500 tons per day, while the new Lime Production Line adds an annual capacity of 100,000 tons.
The total investment for these upgrades is reported to be around $30 million. In an interview with the Zambian Business Times (ZBT), ZAM president Ashu Sagar commented on the expected impact of the expansion. “What it allows for is more competitive supply into the market, and hopefully that will keep the prices at some reasonable level,” Sagar stated.
He added that investment in the cement industry can also serve as an indicator of infrastructure development nationwide and could facilitate potential exports of the product. Sagar emphasized the need to observe how the additional capacity will be absorbed by the market. He noted that Zambia’s economy requires infrastructure development, and an increased cement supply could help meet this demand.
He further described the expansion as “quite substantial” in the context of the country’s overall production capacity, predicting it would enhance cement supply, particularly for the mining industry, where cement is a significant input for infrastructure. ZAM hopes the expansion will contribute to the broader agenda of infrastructure development in Zambia, involving both government and private sector initiatives.
The Zambia Association of Manufacturers (ZAM) has