Zambia’s kwacha strengthened to its highest level in more than two years, reflecting the impact of coordinated monetary and fiscal policy measures. A government directive enforcing the use of local currency for domestic transactions reduced dollarization and increased foreign-exchange supply. These reforms, combined with strong copper export revenues and progress on debt restructuring, reinforced macroeconomic stability and supported sustained currency performance.

Zambia’s Mines and Minerals Development Minister Paul Kabuswe said a stronger Mines Appeals Tribunal will support investor confidence. Speaking at a workshop in Chongwe, he urged alignment with sustainable resource management. The tribunal is set to adopt new guidelines to cut lengthy court processes. Furthermore, it will enhance transparency and compliance, aid community protection and reinforce environmental standards as mining activity expands.

Zambia’s government partnered with traditional leaders, communities and private stakeholders to curb degradation of the Lundazi National Forest under a World Bank-backed program. The initiative will focus on restoring the forest, mitigating climate change and promoting sustainable livelihoods. Chiefs raised concerns over deforestation linked to tobacco curing and charcoal production, while officials pledged support for alternatives such as climate-smart farming and beekeeping to reduce pressure on forest resources.

The Zambian government committed to sustained and transparent engagement with citizens on the 2026 National Budget. Finance Minister Situmbeko Musokotwane said consultations will extend beyond the January town hall. The minister promised regular updates and coordinated communication across government. He said clear, consistent information is essential for building public trust, strengthening accountability and ensuring that economic reforms are understood, supported and fairly implemented.

Zambia’s National Heritage Conservation Commission plans to reposition heritage sites as economic assets by integrating them into tourism value chains. Executive Director Kagosi Mwamulowe said improved site management, storytelling, digital promotion and stronger partnerships will help unlock tourism revenue and community benefits. Aligned with the 2026 tourism theme, the strategy aims to diversify attractions, boost domestic and international visitation, empower local communities and strengthen heritage’s contribution to economic growth.

Xsolla expanded its African services by integrating MTN Mobile Money in Zambia. Gamers can now make in-game purchases instantly without credit cards, increasing access for unbanked users. The move helps developers process payments locally, reduce cross-border friction, and grow Africa’s gaming markets. Rising mobile money adoption and expanding mobile connectivity continue to drive demand across the continent.

Zambia will host a three-day high-level meeting in Livingstone from January 8 to 10, 2026, to address the worsening security situation in eastern Democratic Republic of Congo. The meeting convenes at the request of the International Conference on the Great Lakes Region. The talks will bring together defense ministers and military chiefs from all 12 member states. Defense Minister Ambrose Lufuma is expected to chair the meeting.

The Telegraph named President Hakainde Hichilema among its World Leaders of 2025, citing Zambia’s economic recovery under his leadership. The paper noted progress in debt restructuring, fiscal discipline and restored investor confidence after Zambia’s 2020 default. Despite drought-related setbacks, growth is forecast to exceed 5% in 2025, driven largely by mining expansion and institutional reforms. The World Leaders of 2025 list highlights heads of government who made a significant global impact over the past year.

The United for Better Zambia (UBZ) Party withdrew from the Tonse Alliance Council of Leaders, citing leadership failure, internal conflicts and lack of discipline. UBZ president Hector Soondo said the alliance has lost focus, marginalized smaller parties and failed to address key national challenges. The All People’s Congress also signaled possible withdrawal, arguing that persistent wrangles have undermined the alliance’s credibility as an opposition force.