Economy - Copperbelt Katanga Mining

Zambia Becomes First African Nation to Accept Yuan for Mining Taxes and Royalties

January 2, 2026 Constance

Zambia Mining Sector Adopts Chinese Yuan for Taxes, Marking Major Shift in Africa’s Copper Economy Zambia has become the first African country to formally accept China’s yuan (renminbi) for the payment of mining taxes and royalties, a move that highlights Beijing’s expanding financial influence across Africa’s most strategic resource sectors. The Bank of Zambia confirmed that payments in renminbi began in October, marking a significant shift in how Africa’s second-largest copper producer manages revenues from its mining industry. Chinese mining operators in Zambia have started settling part of their tax… Read More Here

Mining in Zambia Economy

ZDA Records USD 14.71 Billion in Actualised Investments Since 2021

December 30, 2025December 30, 2025 Constance

Zambia Attracts USD 14.71 Billion in Actualised Investments Since 2021 – ZDA The Zambia Development Agency (ZDA) has recorded USD 14.71 billion in actualised investments from 2021 to date, reflecting a significant conversion of pledged projects into tangible economic activity across key sectors of the economy. Speaking during the ZDA End-of-Year Media Briefing, Director General Albert Halwampa disclosed that the figure is based on confirmed responses from 779 companies out of 2,065 firms holding ZDA investment licences. Collectively, these licensed companies had committed investments amounting to USD 89.31 billion. Mr… Read More Here

Uncategorized Economy Mining Policy

Zambia’s Mining Sector Consolidates Growth and Restores Confidence in 2025

December 30, 2025January 5, 2026 Constance

Zambia Mining Industry Shows Strong Recovery in 2025 as Copper Output, Investment and Confidence Rise Zambia’s mining sector delivered a solid and stabilising performance in 2025, reaffirming its role as the backbone of the national economy and a key driver of export earnings, fiscal revenues and foreign exchange inflows. The year was marked by a recovery in copper production, supported by the stabilisation and recapitalisation of several major mining assets, alongside the steady implementation of expansion programmes across the Copperbelt and North-Western Province. This operational improvement coincided with favourable global… Read More Here

Mining in DRC Economy Gold

Gold Prices Rise as DRC Mineral Exports Show Mixed Market Trends

December 25, 2025December 25, 2025 Constance

DRC Gold Prices Climb to USD 139 per Gram Amid Volatile Global Mineral Markets International markets for mineral products exported by the Democratic Republic of Congo showed mixed performance during the penultimate week of December 2025, with gold emerging as a standout performer amid global economic uncertainty. According to the National Market Commission of the Ministry of Foreign Trade, gold continues to benefit from sustained investor demand as a safe-haven asset in an environment marked by geopolitical tensions, financial market volatility, and persistent macroeconomic risks. During the week under review,… Read More Here

Mining in DRC Economy

IMF Approves $442 Million Support for DRC Amid Economic Recovery

December 22, 2025December 22, 2025 Constance

IMF Approves $442M Disbursement for DRC Under ECF and RSF Programs to Support Growth and Stability The Executive Board of the International Monetary Fund (IMF) has approved the second review of the arrangement under the Extended Credit Facility (ECF) and the first review under the Resilience and Sustainability Facility (RSF) for the Democratic Republic of Congo (DRC). This approval unlocks an immediate total disbursement of US$442 million, the IMF announced. Specifically, the completion of the second ECF review allows a disbursement of 190.4 million Special Drawing Rights (SDRs), approximately USD… Read More Here

Mining in DRC Economy

Rising Global Mineral Prices Bolster DRC’s Mining Export Outlook

December 16, 2025December 16, 2025 Constance

DRC Mining Exports: Global Price Increases Strengthen Outlook for Strategic Minerals The general price trend for mining products exported by the Democratic Republic of Congo (DRC) is expected to remain upward in the current week, according to data released by the Ministry of Foreign Trade. Several strategic minerals are recording price increases on international markets, confirming a favorable environment for the Congolese extractive sector. Among the affected products, tantalum concentrate is expected to trade between USD 13,432.86 and USD 13,480.39 per tonne, reflecting a modest but sustained increase. Widely used… Read More Here

Copper Economy Mining in Zambia News in Brief

Zambia’s Copper Industry Records Strong Growth as Production Approaches One Million Tons

December 7, 2025December 7, 2025 Constance

Zambia’s Copper Export Earnings Surge 31% in October 2025 as Output Nears Historic Peak Zambia’s copper sector posted impressive results in October 2025, with export earnings from refined copper rising by 31.2% to K20.8 billion, up from K15.0 billion in September. The sharp monthly increase reflects sustained growth in national copper output as the country moves closer to surpassing one million tons of annual production—a milestone not reached in recent years. This rebound comes amid firm global copper prices and growing international demand, driven by the expansion of renewable energy… Read More Here

Mining in DRC Economy Governance

President Tshisekedi and IMF Chief Discuss Reforms and Economic Stability in Washington

December 6, 2025December 6, 2025 Constance

IMF Hails Reform Commitments After Meeting With President Tshisekedi in Washington During a working visit to the United States, President Félix Tshisekedi met on Thursday, December 4, 2025, with the Managing Director of the International Monetary Fund (IMF). The talks, described as a “fruitful exchange,” focused on the progress of the current economic program and the structural challenges facing the Democratic Republic of Congo. According to the head of the IMF, President Tshisekedi reaffirmed his determination to strengthen macroeconomic resilience, despite a difficult international environment and internal pressures linked to… Read More Here

Mining in Zambia Economy

Zambia Details Strategic Economic Recovery and Governance Reforms

November 30, 2025November 30, 2025 Constance

Zambia Restores Investor Confidence with Fiscal Discipline and Sovereign Credit Upgrades Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, has detailed the country’s economic recovery trajectory, highlighting how years of fiscal instability, governance challenges, and unsustainable borrowing have been addressed to restore national credibility and investor confidence. In a national statement, Dr. Musokotwane emphasized that recent sovereign credit rating upgrades by S&P Global Ratings and Fitch Ratings were the result of deep institutional reforms, not temporary economic improvements. He noted that Zambia is emerging from a period of… Read More Here

Mining in DRC Economy

DRC Prime Minister Pledges Action on Domestic Debt Amid Economic Challenges

November 27, 2025November 27, 2025 Constance

DRC Domestic Debt Reaches $5.43B: Prime Minister Outlines New Repayment Plan The issue of domestic debt repayment was addressed on November 25, 2025, during the opening of Makutano 2025, themed “Contracts in Congo: Time for a Choice.” The event brought together political leaders and private sector representatives to discuss key drivers of economic development in the Democratic Republic of Congo (DRC). Responding to questions about whether the government would consider financial engineering to resolve a debt issue that has persisted for over two decades, Prime Minister Judith Suminwa Tuluka acknowledged… Read More Here