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Agribusiness

Livestock farmers in Eastern Province have expressed support for the Government’s plan to introduce Animal Disease Free Compartments (ADFCs), a move aimed at improving disease control and opening up export opportunities for Zambian beef.

‎The announcement was made during a visit by the Minister of Fisheries and Livestock, Eng. Peter Kapala, who met with local farmers to discuss the sector’s challenges and opportunities.

‎Speaking during the visit, Mayana Farms Director Sarah Towers said the initiative could significantly improve disease management and help Zambia meet international health standards required for exports.

‎“This is a positive step. With better disease control, farmers like us can compete more confidently on the international market,” she said.

‎Mpomwa Ranch Manager Richard Likata added that a structured disease-free system could help restore market trust in Zambian beef, especially after past outbreaks that hurt the industry.

‎In his remarks, Minister Kapala said Government is targeting to grow the national cattle herd to 7.4 million by 2027 and begin beef exports by the end of this year, with a projected annual revenue of US$1 billion.

‎The ADFC initiative involves setting up controlled zones where livestock will be raised under strict health protocols, aimed at preventing outbreaks and improving traceability.

‎The livestock sector has struggled in recent years due to recurring diseases such as foot-and-mouth, which have disrupted local production and blocked access to export markets. Farmers hope the new approach will bring lasting change.

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Livestock farmers in Eastern Province have expressed

Companies

The Lusaka Securities Exchange (LuSE) has issued a market notice revealing that four publicly listed companies have failed to submit their audited financial statements for the year ending December 31, 2024, within the regulatory deadline.

‎In a statement dated April 11, 2025, LuSE Chief Executive Officer Nicholas Kabaso cited non-compliance with Clause 3.23(c) of the LuSE Harmonised Listings Requirements, which mandates all listed companies to publish their audited annual financials within three months after the close of the financial year.

‎ZCCM IH, a critical majority state owned is among the four companies LuSE did not specify reasons behind the delays but reminded and warned market participants to seek further clarification through their respective brokers.

‎Market watchers have expressed concern, particularly regarding high-profile firms like ZCCM Investments Holdings given their significant presence in Zambia’s economic landscape and holding of state on behalf of the Zambian Government and public is key mining companies. 

Copper exports still account for over 70% of Zambia’s export earnines, and if the special purpose company such as ZCCM IH is failing to deliver audited accounts, then how does the Zambian public get comfort that their holdings in key copper assets and mines is being well account for?

‎Analysts warn that the delay may impact investor sentiment and potentially influence general stock or equity market performance. At the time of publishing, efforts to get a comment from ZCCM Investments Holdings on the matter were still underway.

‎Audited financial statements play a crucial role in promoting transparency, investor confidence, and market stability. They offer an independently verified overview of a company’s financial health and performance, which is essential for making informed investment decisions.

‎Failure to publish these statements not only raises corporate governance concerns but also exposes the company to possible regulatory sanctions, including suspension from trading on the exchange if the delay persists.

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The Lusaka Securities Exchange (LuSE) has issued

Lifestyle

Medical For Quality Healthcare in Zambia (MQHZ) Director General Dr. Quence Mwabu has welcomed the completion of the oxygen plant construction at Kabwe Central Hospital in Central Province, noting that the development will bring about substantial benefits in healthcare delivery.

Speaking in an interview with Zambian Business Times – ZBT, Dr. Mwabu stated that having an onsite oxygen production facility at Kabwe Central hospital will reduce the hospital’s dependency on external suppliers, and enhance it’s readiness to emergency cases.

“ The hospital, having an onsite production facility, will reduce its dependency on external suppliers, thereby enhancing emergency readiness and ensuring a steady oxygen supply that will be crucial in safeguarding the lives of patients”, said Dr. Mwabu.

He added that this initiative will also help reduce transportation cost, and equip the hospital to meet its needs and potentially support neighboring facilities.

“ The oxygen plant will not only reduces transportation costs ,but also improve supply turnaround time, which will bring about increased oxygen production capacity, for hospital to better emeet its needs and support neighboring facilities”, said Mwabu.

Dr. Mwabu further urged the government to scale up similar initiatives in other hospitals to ensure equitable access to quality healthcare across the country.

“ Government should not end here but invest more in similar initiatives even in other hospitals, as success of this oxygen plant could serve as a model for other hospitals, to promoting a nationwide improvement in healthcare delivery”, said Mwabu

He added that the oxygen plant is a game-changer for healthcare delivery in Zambia, and will strike a positive impact in safeguarding the lives of patients’.

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Medical For Quality Healthcare in Zambia (MQHZ)

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The Zambia Tourism Agency (ZTA) has awarded prestigious star grading certifications to 36 accommodation establishments across the country, ranging from one to five stars. This announcement was made at the second edition of the Star Grading awards ceremony, underscoring the agency’s commitment to enhancing quality and competitiveness within Zambia’s tourism sector.

Speaking at the star grading award ceremony attended by the Zambian Business Times – ZBT, ZTA Board Chairperson, Dan Blink, represented by Andrew Mwiinga, congratulated the recipients and emphasized the significance of the grading system. He stated that the initiative is “more than recognition as it is a reaffirmation of our collective commitment to quality, compliance, and competitiveness.” Mwiinga further highlighted that grading serves as a “strategic tool for building market trust, attracting investment, and global tourism.”

He also disclosed that ZTA has set a target to grade at least 50 accommodation establishments by the end of 2025, driven by increasing awareness of the importance of compliance.

Mwiinga expressed confidence in achieving this goal, noting that “star grading encourages continuous improvement, it motivates establishments to enhance their service and infrastructure further, raising the overall hospitality standard in the country.” He also emphasized the crucial role of a star-graded destination in achieving the national target of 2.2 million international arrivals by 2025, as it encourages longer stays and repeat visits.

ZTA Chief Executive Officer, Matongo Matamwandi, clarified the agency’s dual mandate of marketing Zambia as a tourism destination and regulating standards within the sector. He explained that ensuring consistent standards across all accommodation types is vital for the positive experiences of tourists attracted by their marketing efforts.

The Guest of Honour, Tourism Minister Rodney Sikumba, represented by his Permanent Secretary, Evans Muhanga, acknowledged the significant economic contribution of the tourism sector.

He urged all accommodation providers, including internationally branded hotels, to participate in the grading system to ensure a consistent global standard of service.

Muhanga also challenged local brands to strive for excellence and compete effectively with international counterparts, stressing that poor service can significantly hinder the sector’s growth. He affirmed the Ministry’s support for ZTA’s efforts in both marketing and standard regulation.

Muhanga encouraged ungraded establishments to participate in the system, highlighting that “the grading system just gives you the feedback and how you can improve going forward.” He reiterated the importance of increasing the number of graded establishments to 50 by the end of 2025 to showcase the quality of service and excellence within Zambia’s tourism sector. He concluded by emphasizing that grading provides an “official endorsement to the standards and services which opens doors to greater opportunities and enhanced reputation in the market.”

The Zambia Tourism Agency continues to drive its star grading initiative as a key strategy to elevate the country’s hospitality standards, build tourist confidence, and foster sustainable growth within the tourism sector.

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The Zambia Tourism Agency (ZTA) has awarded

Companies

Marking 16 years of customer-centric banking innovation, FNB Zambia has launched an exciting new campaign, “Spend, Earn Cashback & Win,” to reward its loyal customers. The initiative will see about 50 948)lucky FNB Visa cardholders win cash prizes and luxury family vacations simply by using their cards for everyday transactions.

Running from April 17 to July 17, 2025, the campaign offers monthly draws for significant cash prizes and culminates in the grand prize draws for two all-expense-paid luxury family vacations to the Lower Zambezi. All FNB Visa card transactions, including tap, swipe, and online purchases, both locally and internationally, qualify for entry.

Speaking at the launch event, Kasali Kaingu, Head of Strategic Marketing and Communications at FNB Zambia, said this milestone is not just about celebrating 16 years of success, it’s about appreciating the customers who’ve been with the bank every step of the way.

“This 16-year milestone is a testament to our valued customers. Our ‘Next is Now’ campaign underscores our commitment to shaping the future of banking through innovation, convenience, and rewarding experiences that prioritize our customers.”

Mwamba Musambo, Head of Retail Banking at FNB Zambia, further emphasized the inclusive nature of the rewards. “We are recognizing everyday spending, from daily lunches to online subscriptions. This campaign is our way of expressing gratitude to our customers for their trust over the past 16 remarkable years.”

The “Spend, Earn Cashback & Win” campaign embodies FNB Zambia’s ongoing dedication to providing value and pushing boundaries for its customer base, rewarding both long-standing and new clients.

Campaign Rewards:

  • Cashback: Customers will earn cashback on every transaction made with their FNB Visa card.
  • Monthly Cash Prizes: 16 winners will receive ZMW16,000 each month, totaling 48 cash prize winners throughout the campaign.
  • Grand Prize Luxury Family Vacations: Two all-expense-paid luxury family trips to the Lower Zambezi for five people each, including chartered flights, accommodation, meals, and activities.

How to Participate:

  • Use your FNB VISA card for tap, swipe, or online purchases.
  • Spend ZMW2,000 or more in a calendar month to automatically enter the Monthly Draw (every additional ZMW2,000 spent earns an extra entry).
  • Spend ZMW5,000 or more in a calendar month to automatically enter the Grand Prize Vacation Draw (international payments of ZMW5,000 or more earn two entries into the grand draw).

No registration or entry fees are required. Customers are automatically entered into the draws by simply using their FNB Visa cards.

To learn more, visit www.fnbzambia.co.zm or follow FNB Zambia on Facebook, Instagram, and X (Twitter) for updates, winner announcements, and campaign details.

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Marking 16 years of customer-centric banking innovation,

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BDO Zambia has demonstrated its commitment to Corporate Social Responsibility (CSR) by donating fruit trees to the Zambia Agency for Persons with Disabilities (ZAPD). The donation, consisting of mango, avocado, and citrus trees, was presented at a CSR event held at ZAPD’s Mimosa Farm in Chilanga district of Lusaka province.

Speaking at the donation event, BDO Zambia’s Chief Executive Officer Debbie Nonde, highlighted the symbolic significance of the trees, noting their role in combating climate change, supporting biodiversity, and fostering a sense of community and healing.

Nonde explained that this initiative directly aligns with BDO’s purpose of “Elevating people. Elevating society. Elevating business” and exemplifies their commitment to helping people achieve their dreams for a greener and more inclusive Zambia.

She said this partnership with ZAPD aims to regenerate land and promote long-term food security through the fruit trees.

Speaking after planting the trees, BDO Zambia’s Associate Director Tax, Kafumu Mbewe, emphasized the long-term value of the initiative. “This event signifies more than just a donation; it reflects our commitment to fostering community, sustainability, and shared responsibility,” Mbewe stated.

He further elaborated that BDO’s CSR strategy aims to empower local communities while aligning with national and global sustainability objectives adding that the tree donation directly supports Zambia’s National Green Growth Strategy (2024–2030) and contributes to several Sustainable Development Goals (SDGs), including Climate Action, Life on Land, and Zero Hunger.

“Planting trees is a fundamental yet highly effective measure in addressing environmental challenges,” Mbewe noted, highlighting the trees’ role as natural carbon sinks and their potential to provide nutritional and economic benefits to ZAPD’s Mimosa Farm and its workers.

Expressing gratitude for the partnership, ZAPD Director of Finance and Administration, Twaambo Hatwiko, represented by the Project Manager Mulenga Sichimbwe, conveyed his appreciation, stating that, “These fruit trees represent far more than agricultural produce; they symbolize empowerment, inclusion, and a significant step towards economic independence for persons with disabilities.”

He further emphasized that the initiative would significantly contribute to ZAPD’s mission of empowering persons with disabilities through practical agricultural training and the development of sustainable livelihoods. “This collaboration transcends mere tree planting; it is about cultivating opportunity and laying the groundwork for long-term sustainability,” he added.

BDO Zambia reaffirmed its ongoing commitment to reducing its carbon footprint and promoting ethical, inclusive, and sustainable practices.

The firm has pledged to reduce its carbon dioxide emissions to pre-industrial levels by 2030, underscoring its dedication to responsible corporate citizenship.

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BDO Zambia has demonstrated its commitment to

Sport, Tennis

Fresh from being readmitted into the International Tennis Federation (ITF) circle, the Zambia
Tennis Association (ZTA) has set out to further it’s ambitions of finding the next “ace” during
the upcoming National Junior National Tournament slotted for
31st May 2025.
The tournament will attract the youth under the age of 18 – according to ZTA this platform
takes place every year, and it is vitally used to rank the efficiency of the players.
Speaking in an exclusive interview with the Zambian Business Times (ZBT) ZTA Secretary
General Joe Siame echoed that in the recent past, the tournament has garnered over a 100 youth
and this year the number is expected to increase to above 120. “The tournament has done extremely well in terms of helping us to scout for talent, and so far we can proudly mention the likes of the Mulenga brothers – Gift and Mapalo from Nkana, and Shalom Soko who was in Under 10 last year and now under who are doing extremely well.”
He revealed that even though there is no prize money, the tournament is significant “It gives us
am opportunity to gauge the level of skill of the players, and it gives them a chance to showcase
their skills and talent, we use this tournament to rank our players in terms of selection for national
team events.”
In a country which has a wide gap between skills and facilities, such platforms are essential to the elevation of players, and who knows we might have a star that will beacon at the Billie Jean Tournament or any ITF outing.

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Fresh from being readmitted into the International

Mining

Chilanga Cement PLC, a member of the Huaxin Group, hosted its annual Customer Appreciation Dinner on Friday, April 11, 2025, at Twangale Park in Lusaka.

The event brought together key customers, business partners, and key stakeholders to honour and celebrate the relationships that continue to drive the construction sector in Zambia and the region forward.

The evening, centered on partnership, progress, and mutual growth, was graced by Chilanga Cement PLC Chief Executive Officer, Jianping Chai, and his management team.

Customers from both local and export markets were in attendance, reflecting the depth of the company’s relationships and its wide-reaching impact.

“Our customers are more than just clients, they are an essential part of our journey,” said Mr. Chai during his keynote speech.

“Your loyalty and trust challenge us to do better, to innovate, and to lead. Tonight, we honour that commitment.”

Brian Chen, Executive Assistant for Commercial and Supply Chain, emphasized the importance of responsive service delivery, noting that the team’s goal is not only to provide cement, but to ensure customers receive timely, reliable service that supports the smooth progress of their projects.

Meanwhile, Collins Chilala a local customer, praised Chilanga Cement’s consistency and excellent customer service, calling the evening “a true testament to a partnership built on mutual respect and collaboration.”

And Charles Gwanyanya, a customer from Zimbabwe, applauded the company’s ability to meet export market challenges with reliability, helping businesses across borders build both infrastructure and trust.

Deputy Plant Manager, Jonas Kaonga, highlighted the plant’s focus on efficiency and quality, reaffirming the company’s commitment to providing dependable products that form the foundation of Zambia’s growth.

The event provided an opportunity for stakeholders to network and share feedback, fostering continued partnership and business growth.

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Chilanga Cement PLC, a member of the