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The Zambian striker, Fashion Sakala has shown immense prowess in the Saudi League and Al-Fayha, bagging 41 goals in 100 appearances since his switch from Rangers FC, which is the Scottish Premiership Rangers FC. Hi Stay at Rangers was mauled by heavy criticism as he struggled to impress, scoring only 24 goals in 91 appearances between 2021 and 2023, however, with his contract set to expire in June, speculations have arisen over a return move to Europe.

Speaking in an interview with the Zambian Business Times, football analyst Moses Mpundu spoke against the player making a move to another league, urging him to stick to the Saudi League. “Moving could be a risky endeavor at the moment, because the demands in Europe with the interested teams like the French club RC Lens and Cagliari of Italy are likely to demand more from him because of Champions League football, so it might work or might not, but ultimately it’s nice for him to stick to Saudi for now.” Across the fans, the Saudi League is considered to be average, but Mpundu argued that things have drastically changed over the past few years, with the league notably attracting top players like Cristiano Ronaldo.

A massive upset was recorded as Saudi club Al Hilal stunned Premier League superstars Manchester City after a 4-3 victory, sounding an emphatic message to the globe. “People are terming the Saudi League as a farmers league, but it did well in the Club World Cup, and it’s all about the contribution of the players.

At the moment it is attractive, if he is going to Lecce, he will demand more of him, and it’s always good to have a team that competes.” When all is said, the onus is on Sakala to make the best possible move or stick to the big spenders; however, the nation is excited over the prospect of the player donning an Italian or French club jersey, the wait continues

By Samuel Mutale

The Zambian striker, Fashion Sakala has shown

 According to the Bank of Zambia GRZ Bond results for the tender No. 04/2026/BA the Bond was undersubscribed as the amount offered (Face Value) stood at K6.3 billion with K2.7 billion bids.

 The report indicate that the 2 years bond received a total of K623.4 million bids(Face Value), with the amount offered (Face Value) being K520 million and K453.1 million was allocated (Cost), the 3 years Bond had K600 million offered at (Face Value), with K675.9 million bids at (Face Value) and K506.7 million was the amount allocated At (Cost).

 Further, K1.6 billion was the amount offered at (Face Value) for 7 year bond, receiving K281.2 million bid at (Face Value) and K27.8 million was the amount allocated, the 10 year bond had K1.7 billion offered at ( Face Value), bids were recorded at K448.2 million and K35.9 million was the amount allocated. The 15 year bond received bids worth K660.7 million (Face Value), for K1.8 billion offered (Face Value) and only K272.9 million was allocated, bringing the total of the amount offered to K6.3 billion, with K2.7 billion total bids (Face Value) and the overall total of the amount allocated to K1.3 billion.

 Meanwhile, Economic Expert Fitzgerald Witika has attributed the decrease in the number of bids from investors seen in the recent governments bond auction results due to investors being sceptical of investing in bonds considering market liquidity.

 Witika told Zambian Business Times-ZBT that the decrease or increase in investor participation in GRZ Bonds is dependant on how liquid Zambia’s financial sectors is because even if one may have monetary value inform of cash, assets it can not be easily convertable.

“Investors are being a bit sceptical on subscribing to government bonds compared to treasury bills, and that is all because of liquidity and that’s why you find that low subscription can reflect tightened liquidity due to inflation concerns”, said Witika.

He added that even though the Zambian Kwacha when has been performing a bit better, the exchange rate has been very volatile making investor to hold back. “ Even though inflation is not volatile as the exchange rate investors tend to be very speculative about the future making them to expect that certain things might occur in future terms of prices”, He noted that when investors are expecting that they will be higher inflation they tend to hold there money than spend and spend now because when inflation increases K100 is less valuable tomorrow than today.

By Justine Phiri

 According to the Bank of Zambia GRZ

By Tyndale Muchiya

The Africa Export of ICT Services Roadshow, culminating in Zambia after successful engagements in Namibia and Botswana, has underscored Mauritius’ strategic vision to position itself as Africa’s trusted digital partner.

Commenting on this development, Mauritius Minister of Information Technology, Communication, and Innovation, Dr. Hon. Avinash Ramtohul, highlighted the nation’s commitment to advancing digital transformation, responsible artificial intelligence (AI), and public-private-people partnerships across the continent.

According to information made available to the Zambian Business Times – ZBT, the Mauritius Minister of Information Technology, Communication and Innovation, Dr. Hon. Avinash Ramtohul, emphasized that the roadshow forms part of a wider strategy anchored in the Digital Transformation Blueprint 2025–2029.

“We are not just exporting services, but trust, governance, and capability,” he stated. He noted that Mauritius is poised to launch its National Artificial Intelligence Strategy and FAIR Guidelines, aiming to set standards for responsible AI deployment and data governance. These frameworks will ensure Mauritius is not only a user, but also a shaper, of AI policy and practice in Africa.

The Minister outlined a three-pillar approach: trusted data governance, responsible AI, and partnership-driven execution via the Public-Private-People Partnership (PPPP) model. AI, he noted, is an enabler for collaboration in sectors such as fintech, agriculture, healthcare, and education, provided it is deployed ethically and tailored to local realities. “Mauritius is positioning itself as a platform for co-development, working with African partners to build scalable digital ecosystems,” Ramtohul said.

Commenting on the hybrid engagement model, Minister Ramtohul, said the roadshow’s hybrid format, combining a virtual ministerial keynote with in-person business-to-business meetings, demonstrated Mauritius’ innovative approach to cross-border partnership. “This model shows our maturity in balancing strategic direction with concrete business execution,” said Minister Ramtohul.

he added that Government leadership opens doors and builds trust, while the private sector brings solutions, innovation, and commercial discipline. “This hybrid model, supported by Mauritius’ digital governance and forthcoming AI architecture, enables the country to engage more African markets, more regularly, with an optimal blend of diplomacy and deal-making.”

With eleven Mauritian companies showcasing solutions in fintech, cybersecurity, and e-governance, Minister Ramtohul stressed that success will be measured by conversion, turning connections into commercial agreements, pilot projects, joint ventures, and regional market-entry partnerships. He further added that structured follow-up mechanisms are in place at commercial, institutional, and strategic levels to ensure sustained impact.

Mauritius’ approach is to integrate export promotion with broader national priorities such as AI, data governance, and digital public infrastructure.

“The deeper lesson from this initiative is that Africa must now be approached as a long-term partnership space, not as a one-off export destination. The roadshow across Namibia, Botswana, and Zambia demonstrates that Mauritius is willing to engage the continent with seriousness and consistency. “Going forward, the next phase should be even more targeted: sector-focused missions, stronger matchmaking around AI and digital public solutions, follow-up business forums, investment facilitation and deeper cooperation with innovation ecosystems, regulators and public institutions across Africa.” Minister Ramtohul.

By Tyndale Muchiya The Africa Export of ICT

By Tyndale Muchiya

The Kansanshi Marathon is set to take center stage tomorrow the 9th May, 2026 in Solwezi, with a sold-out field of 2,500 runners and a landmark K4 million investment from Kansanshi Mining PLC and its partners.

Speaking to journalists ahead of the event, for Kansanshi Mining PLC, Public Relations Manager, Ryan Ellis emphasized that this initiative is more than just a sporting event, it is a catalyst for community development and entrepreneurial growth in Solwezi.

He said the marathon’s substantial investment reflects Kansanshi’s commitment to Solwezi’s growth. “We see this as an important stage in the development of the town,” Ellis noted. “Beyond infrastructure, roads, water, sanitation, and electricity, it’s equally vital to foster the human spirit. The marathon creates a sense of purpose and enjoyment for Solwezi’s residents.”

Ellis noted that prize money has been significantly increased, with K42,000 awarded to both the fastest man and woman in the full marathon, K21,000 for winners in the half marathon, and additional prizes across all categories, including for participants with disabilities. “Our aim is to directly support athletes and inspire continued development, while also investing in the spirit of Solwezi’s people,” Ellis said.

He explained that this year’s event will debut a new route, showcasing recently completed roads and highlighting ongoing infrastructure projects, a visible sign of Kansanshi Mine’s partnership with Solwezi Municipal Council.

“By next year, runners will experience even more improvements and we are grateful for the support from local government and the police, and with over 200 marshals deployed, everything is in place for a safe and successful event.”

Ellis also addressed the business community, emphasizing the marathon’s role as a platform for entrepreneurship. “The Kansanshi Marathon proves there is demand for major events in Solwezi. We encourage entrepreneurs to seize this opportunity, not just in event management, but also in supporting services like sports retail and wellness. Our vision is to see the private sector take the lead in creating more events of this caliber in the future.”

Highlighting Kansanshi Marathon’s pioneering spirit, Ellis pointed to its history of innovation in Zambian sports. “We set the standard with the country’s largest prize purse and by introducing categories for participants with disabilities. This year, we are proud to have the first person with a disability competing in the 10km race, embodying our commitment to inclusivity and the mantra of ‘no person left behind.’”

As participants prepare to tackle the challenging new route, Ellis encouraged all runners to give their best and support each other, especially those overcoming unique challenges. “Tomorrow will be tough, but it will also be a celebration of resilience, achievement, and community spirit. We welcome everyone to Solwezi for what promises to be a memorable day.”

By Tyndale Muchiya The Kansanshi Marathon is set

Economic Expert Fitzgerald Witika has noted that the decision by the government to suspend tax on the importation of fuel products for three months will have a negative impact on economic variables and strike a budget deficit.

Earlier, Secretary to the Treasury Felix Nkulukusa revealed that if the war in the Middle East and the suspension of fuel-related taxes continue up to the end of the year, Zambia’s revenue loss could rise to about K12 Billion. Speaking in an interview with Zambian Business Times- ZBT, Witika noted that cutting taxes simply means that the country is heading towards a budget deficit because something should account for the removal of tax on imported fuel.

“Something needs to account for the government’s suspended tax on the importation of fuel products because if the government then decreases tax, the question is when the government experiences some economic inefficiency in certain areas they will be prompted to source for revenue elsewhere”, said Witika.

 He added that one of the biggest issues is that Zambia has been borrowing a lot when it comes to issues of generating revenue and that is due to the fact that government has not been able to find a reliable source of revenue apart from tax.

“Taxes tend to be a huge burden on economic growth when it is being used as the only source of revenue or the highly reliable revenue generator and an economy can not survive on to much taxes,” said Witika. Witika noted that the government not having another reliable source of revenue generation apart from taxes prompt to look for other alternative revenue sources. “Governments not having a reliable source of revenue apart from taxes may lead to GRZ looking for other alternative sources of revenue elsewhere, but hopefully that has nothing to do with borrowing because the country is already in so much debt and might constrain the economy”, said Witika.

 He added that the government decision to suspend taxes on imported fuel products will still incur a huge negative consequence on revenue collection

By Justine Phiri

Economic Expert Fitzgerald Witika has noted that

Nearly two years after the closure of Society Business Park in Lusaka, the prospect of reopening the commercial property remains uncertain, according to the National Pension Scheme Authority (NAPSA).

The National Pension Scheme Authority (NAPSA) ordered the closure of Society Business Park in Lusaka on August 27, 2024, following a structural integrity assessment that deemed parts of the building unsafe.

 Since then, stakeholders have awaited updates on when the facility might be deemed fit for occupation again. When contacted for comment, NAPSA Head of Corporate Affairs, Cephas Sinyangwe, told the Zambian Business Times -ZBT that the Authority’s position has not changed emphasizing that.

When contacted by the Zambian Business Times (ZBT) for an update, NAPSA’s Head of Corporate Affairs, Cephas Sinyangwe, confirmed that the Authority’s position remains unchanged.

 “We need to engage consultants who can guide us on the most effective way to deal with the condemned sections, and subsequently restore and reopen the building,” Sinyangwe explained.

 He noted that the tender process for selecting qualified consultants is ongoing, emphasizing the specialized nature of the project. Sinyangwe added, “We are still dealing with that tender process so that we find proper, credible consultants to help us deal with the matter. The position we have given remains the same, we are still in that process.” Regarding a potential reopening timeline, Sinyangwe stated, “Unfortunately, I’m unable to give you the timelines in terms of reopening.”

 Asked about the impact especially on the financial impact since the closure, specifically concerning rental losses, Sinyangwe requested that inquiries be sent via for more comprehensive responses, which had been sent by press time but feedback had not yet be sent. Society Business Park’s future remains uncertain, with the reopening date dependent on the outcome of ongoing consultations and expert guidance

Article by Tyndale Muchiya

Nearly two years after the closure of

The government has allocated about K3 million to begin rehabilitating the Lusaka Playhouse, as part of a phased plan to restore and strengthen its role in developing Zambia’s arts industry.

The move is widely seen as a renewed commitment to investing in cultural infrastructure and supporting local creatives.

Speaking in an interview with Zambian Business Times (ZBT), National Arts Council of Zambia Vice President TiVo Shikapwasha ,highlighted the importance of the Playhouse as a cultural platform. He described it as a space where different aspects of Zambian identity are expressed through performance, storytelling, and visual art.

“The revamping of arts infrastructure like the Playhouse offers several benefits for artists,as it creates a hub for artists to share ideas, skills, and cross-pollinate, fostering a stronger artistic community.”

For many artists, access to a functional performance space is directly linked to economic opportunity. By staging plays, exhibitions, and cultural showcases, creatives are able to generate income while reinvesting in their work and communities. He emphasized that improved infrastructure will allow artists to sharpen their craft and expand their reach.

“Providing artists with the necessary infrastructure enables them to hone their skills, collaborate, and express themselves authentically, It also offers a dedicated space for the creation and dissemination of art that reflects the nation’s unique heritage and stories” He said.

Beyond individual benefit, the rehabilitation is expected to contribute to the broader growth of Zambia’s creative economy. A revitalized Playhouse could attract more audiences, encourage partnerships, and elevate the quality of productions within the sector.

Shikapwasha added that the long-term vision is to transform the facility into a sustainable creative hub. By turning the Playhouse into a functional centre, it can generate economic value for artists and contribute meaningfully to the cultural sector.

Article by Catherine Mwansa

The government has allocated about K3 million

Concerns are mounting over the rise of explicit and controversial content in local music videos, with some stakeholders calling for stricter regulation and greater responsibility among artists who use provocative imagery to gain attention and increase commercial appeal.

Zambian music sensation Yo Maps has once again found himself at the centre of public debate following the release of his latest album, particularly the visuals for the song “Budget.” While the video has generated significant traction online, it has also sparked criticism from sections of the public who question its appropriateness and relevance to the song’s message.

Speaking in an interview with Zambian Business Times (ZBT), Bishop of the Anglican Diocese of Central Zambia Emmanuel Y Chikoya said Zambia already possesses guiding principles rooted in its identity as a Christian nation, adding that such values should influence both creative expression and public conduct.

“The issues of principles like morals, integrity, and the dignity of the human body must guide us, and we must avoid expressions that are not helpful in promoting positive values,” Bishop Chikoya said.

He noted that while laws and regulations may help address concerns surrounding explicit content in entertainment, legislation alone cannot fully resolve the issue.

“Laws can only go so far. What is needed is a strong sense of conscience and responsibility from individuals who influence society through their work,” he said.

Referencing scripture, Bishop Chikoya added, “What shall it profit a man and a woman to gain the world and lose their soul?” — a reminder, he said, that the pursuit of fame, influence, and financial success should not come at the expense of moral values.

The debate surrounding the “Budget” video has reignited broader discussions on the direction of Zambia’s entertainment industry, particularly as artists increasingly adopt global trends that often prioritise sensational visuals and online engagement.

Critics argue that explicit or controversial content is sometimes included in music videos not to strengthen artistic storytelling, but rather to attract attention, spark online conversations, and drive viewership.

Others, however, maintain that artists should be allowed creative freedom and that audiences ultimately have the power to decide what content they support.

But for Bishop Chikoya, the solution lies in preserving cultural identity and promoting ethical responsibility among creatives.

He stressed the need for artists and content creators to carefully consider the impact of their work on young audiences and society at large, especially in an increasingly globalised media environment where content spreads rapidly through digital platforms.

As conversations continue online, the controversy surrounding Yo Maps’ latest release highlights the growing tension between entertainment, artistic freedom, and societal values in Zambia’s evolving creative industry.

Article by Catherine Mwansa

Reply

Concerns are mounting over the rise of

Sources in the diplomatic community are expressing serious concern over the Zambia Government decision to give a go ahead for the re-opening of Sino Metals following the Kafue River pollution with heavy metals, questioning the lack of transparency and adequacy of safeguards as the company has been given a go ahead to resumes operations.

Sino Metals, a Chinese-owned mineral processing company, believed to be a subsidiary or linked to global giant CNMC is at the center of the 2025 Kafue River pollution scandal, has officially resumed copper production in Zambia’s Copperbelt province.

The company recently reported its first output since a catastrophic failure at its leach facility’s tailings dam in February 2025, which released vast quantities of toxic sludge into the environment and the Kafue river, triggering one of the most severe ecological crises and pollution scandal in Zambia’s recent history.

The tailings dam, intended to contain mining by-products including hazardous chemicals, failed and contaminated the Kafue River and its tributaries, severely impacting local communities and ecosystems.

Diplomatic sources, speaking to the Zambian Business Times – ZBT on condition of anonymity, have raised concerns regarding the lack of transparency and accountability surrounding Sino Metals’ re-opening. These concerns also comes after those previously voiced by outgoing United States Ambassador Michael Gonzalez, who criticized the handling of the pollution incident and the ongoing environmental risks posed by the facility.

“Good governance in environmental matters is critical, especially when dealing with disasters of this magnitude,” one diplomatic source told ZBT. “Environmental damage of this scale is not just a local issue, it has global implications.”

Some sources further noted that affected communities have also expressed disappointment over the lack of engagement from elected officials, reporting that some Members of Parliament failed to visit or address their concerns following the incident.

In addition to environmental worries, the diplomatic sources highlighted infrastructure challenges. “The current infrastructure is inadequate for the government’s target of producing three million metric tonnes of copper annually. Expansion plans must include robust strategies to address these gaps,” sources stated, urging the government to share specific plans for long-term infrastructure development.

Questions have also arisen over the independence of environmental studies conducted after the disaster. The Diplomatic sources criticized Sino Metals for commissioning its own studies rather than having the government mandate an independent review. They also expressed concerns on allegations that there was a South African firm’s critical study which was abruptly terminated and replaced with a less rigorous assessment.

“It would have been preferable for the government to oversee and conclude the study, ensuring credibility and public trust in the findings,” a source added.

The re-opening of Sino Metals continues to attract scrutiny from both local and international stakeholders, all calling for greater transparency, accountability, and stronger safeguards to prevent future environmental disasters.

Citing the severity of the environmental damage caused by the 2025 tailings dam failure and the ongoing impact on communities and ecosystems, the diplomatic sources warn that without stronger oversight and accountability, the risk of future incidents remains high.

A check shows that the Sino Metals has not been handed any fine to the magnitude of the pollution done and there were reports that the affected people whom the polluter promised to compensate were made to sign off future claims waivers after being paid peanuts and without proper government oversight

Sources in the diplomatic community are expressing

The talk of diversification of the Zambian economy only becomes heavy when copper prices go down.

There are now fears that since load shedding has now come to an end following good rains, diversification in the electricity generation mix and investments in solar may go slow.

This fear has now been confirmed after it has emerged that the Ministry of Local Government and Rural Development has cancelled procurement proceedings for the ambitious Presidential Constituency Energy Initiative (PCEI).

This is a nationwide solar energy project aimed at constructing 2MW solar power plants in all the initial 156 constituencies with the now added 70 more constituencies across Zambia.

According to a cancellation notice seen by Zambian Business Times-ZBT, issued on April 10, 2026 by Head of Procurement and Supplies Unit Jacob masatunya, the cancelled tender involved the “Design, Supply, Installation, Testing and Commissioning of 2MW Solar PV Plants in 156 Constituencies of Zambia” under tender number MLGRD/PCEI/CDF/001/26

The ministry stated that the cancellation was made in line with Section 69(1)(d) of the Public Procurement Act No. 8 of 2020, although no detailed reasons were provided in the notice.

The decision was communicated and affects several shortlisted bidders, among them were China Energy International Group Co. Ltd (CEEC), Power China, Solar World, Sunshare Limited, Muhanya Solar, Sany Group and other local and international firms.

The Presidential Constituency Energy Initiative was officially approved by Cabinet on November 24, 2025 as part of government’s decentralisation and renewable energy agenda. The project was introduced to establish solar farms in every constituency, with each project expected to generate 2 megawatts of electricity, bringing the total planned national output to 312 megawatts.

Government had projected the initiative as a transformational programme that would turn the Constituency Development Fund (CDF) into an income-generating investment tool for local authorities and communities. Under the arrangement, electricity generated from the solar plants would be sold to ZESCO, allowing constituencies to raise revenue for local development projects.

Finance and National Planning Minister Situmbeko Musokotwane previously described the initiative as a historic shift in Zambia’s development model, saying it would empower communities through ownership of renewable energy infrastructure.

In January 2026, government and ZCCM Investments Holdings Plc announced the creation of the Zambia National Energy Corporation Limited (ZNEC), a Special Purpose Vehicle established to spearhead implementation of the PCEI. The initiative was estimated at over US$200 million in investment value.

Prior to the cancellation, several municipal and city councils across the country had already begun identifying land and signing agreements linked to the solar project, with some local authorities conducting contractor site visits and preparatory works.

Some critics however stated that the project was grandios and bound to fail as there were limited ways to evacuate the power generated. They argued that the project was too dispersed to achieve critical mass.

Efforts to get a comment for the reasons behind the cancellation from the Ministry of Local Government Principal public relations officer Liseli kanyanga proved futile by publication time as she indicated that the matter was being handled by the permanent secretary for technical services and requested a press query that was still being processed.

Article by Karen Ngulube

The talk of diversification of the Zambian