Tag Archives: Economy of Zambia

24Feb/26

Securing the Cyberspace: The Impact of Zambia’s 2025 Cyber Laws on Security and Civil Liberties

February 24, 2026SecurityCollins Mbulo, Computer security, Crimes, Cyber Security Agency, Cybercrime, Cyberwarfare, Economy of Zambia, Malware, Schmidt, Schmidt Chintu, Telecommunications (Interception and Access) Amendment (Data Retention) Act, United States Cyber Command, Zambiaadmin

Zambia’s Digital Vault: 6 Takeaways from the New Cybersecurity Revolution

Feb. 24, 2026 /Mpelembe Media/ –Zambia is currently undergoing a rapid digital transformation characterized by the expansion of financial technology (FinTech), increased internet penetration, and a concerted government push toward a digital economy. However, this growth has been accompanied by a surge in cyber threats, including massive financial fraud, online scams, and critical data breaches. In response, the Zambian government overhauled its legal framework by enacting the Cyber Security Act (2025) and the Cyber Crimes Act (2025). While the government champions these laws as necessary for national security and child online protection, civil society and digital rights advocates warn that the legislation grants the state sweeping surveillance powers, threatening freedom of expression, privacy, and democratic participation Continue reading →

29Nov/23

The Zambian debt restructuring impasse has got the international community riled

November 29, 2023EconomyBankruptcy, China, Debt, Debt restructuring, Debt-trap diplomacy, Default, Economy of Zambia, Government debt, Insolvency, Paris Club, United States, Zambiaadmin

Nov. 29, 2023 /IEconomy/ — Zambia is a country in southern Africa that has been struggling with a heavy debt burden for many years. In 2020, the country became the first African nation to default on its sovereign debt during the COVID-19 pandemic. In an effort to get its finances back on track, Zambia has been seeking to restructure its debt with its creditors. Continue reading →

05Oct/23

Barrick Strengthens Zambia Partnership, Invests in Major Expansion of Lumwana Mine

October 5, 2023FinanceBarrick, Barrick Gold, Economy of Zambia, Equinox Minerals, Forward-looking statement, Hakainde Hichilema, Kathy du Plessis, Lumwana, Lumwana mine, Lusaka, Mark Bristow, Mining, North-Western Province, North-Western Province, Zambia, Richard Peattie, Russia, Ukraine, Zambiaadmin

LUSAKA, ZAMBIA – Barrick’s transformation of its Lumwana mine into a world-class producer will provide strong impetus for the government’s thrust to revive the country’s copper industry, president and chief executive Mark Bristow said yesterday after a meeting with Zambian President Hakainde Hichilema.
Continue reading →

19Jul/23

Anglo American in Zambia Explained

July 19, 2023PoliticsANGLO AMERICAN, Anglo American plc, China–Zambia relations, Economy of Zambia, Hakainde Hichilema, Mining in Zambia, Tanzania, Zambiaadmin

July 18, 2023 /Politics/ — Hakainde Hichilema, the current president of Zambia, has been criticized for selling the country’s natural resources to Anglo American, a British mining company. In 2022, Hichilema’s government signed a $1.5 billion deal with Anglo American to mine copper in Zambia. The deal has been met with protests from environmental groups, who argue that it will damage the country’s natural resources. Continue reading →

27Jun/23

Is zambia under Hakainde Hichilema ready or even able to handle the influx of global investments?

June 27, 2023PoliticsEconomy of Zambia, New York City, United States, Zambiaadmin

June 27, 2023 /Politics/ — Spin City was a satirical television show about a fictional New York City mayor who relied on an inept and dysfunctional cult following. The show ran for six seasons from 1996 to 2002 and was a critical and commercial success.

There are a few lessons that Zambians can learn from Spin City: Continue reading →

23Jun/23

Is zambia the cinderella of Africa, poor indebted by wicked China and saved by the western prince?

June 23, 2023EconomyArticles, China, China–Zambia relations, Christianity in Zambia, Economy, Economy of Zambia, France, G20 Washington summit, Global financial system, International Monetary Fund, Paris, Sustainability, United States–Zambia relations, World, Zambiaadmin

23 June 2023 /Economy/– Zambia’s recent debt restructuring deal with its creditors is a major step forward for the country’s economy. The deal will allow Zambia to access much-needed financial resources to help it recover from the COVID-19 pandemic and stimulate economic growth.

In the short term, the deal will likely lead to a decrease in Zambia’s debt servicing costs, which will free up funds that can be used for other purposes, such as infrastructure development and social programs. This will help to boost economic growth and improve living standards for Zambians. Continue reading →