Zambia Sugar PLC committed US$132 million to ongoing capital investment projects aimed at significantly increasing output. The company plans to raise annual sugar production from 400,000 to 500,000 metric tonnes. The expansion aims to strengthen its market position and support domestic supply. The investment is expected to enhance operational efficiency, support jobs across the value chain, and contribute to Zambia’s broader agro-industrial growth ambitions.

Zambia completed the Mumbwa Mineral Market Center, boosting efforts to formalize artisanal and small-scale mining. The facility is now connected to the national power grid and awaits commissioning, after which it will buy processed gold directly from miners. Government plans include deploying officers to verify mineral content and ensure fair pricing. Similar progress is reported at the Rufunsa center.

Airtel Zambia has unveiled a US$107 million network expansion, its largest single-year infrastructure investment, aimed at boosting coverage and service quality nationwide. The program will roll out 406 new sites, with 121 already live and the rest due by March 2026. The upgrade targets congestion reduction and stronger connectivity in high-demand areas such as schools, hospitals and clinics.

Copper prices climbed 1.2% to US$11,656 per tonne, driven by supply disruptions and strong global demand, particularly from China’s EV and energy sectors and U.S. AI investments. The market is expected to remain in deficit into 2026. For Zambia, a top copper exporter, higher prices strengthen export revenues, support the Kwacha, and enhance fiscal capacity. The increase could aid government finances and improve economic stability amid ongoing global uncertainties.

Zambia’s public service trade unions agreed to extend collective agreement negotiations with the government until January 19, 2026, to allow further consultations on proposed salary adjustments for civil servants. FFTUZ leader Nelson Mwale expressed optimism that discussions, starting December 15, will produce a fair outcome benefiting both workers and the government. He urged union members to remain patient, noting that any agreed salary increment could motivate improved performance and service delivery.

Zambia’s Ministry of Mines, ZCCM Investment Holdings, and Mining Mineral Resources-SAS have signed a tripartite MoU to formalize and oversee mining activities in Kikonge, North-Western Province. The agreement aims to increase national revenue and to support artisanal miners transitioning to small-scale operations. Additionally, it will ensure proper accounting of gold until a domestic refinery is established. Plans include developing a modern gold mine under a strong governance framework, adhering to Zambian laws and international standards.