Solwezitoday

Solwezitoday A business & news magazine with an international reach in commerce, industry and business sectors.

Excitement Builds as Mine2Mine Cycling Race Kicks Off!The stage is set, and anticipation is in the air as the highly awa...
10/08/2025

Excitement Builds as Mine2Mine Cycling Race Kicks Off!

The stage is set, and anticipation is in the air as the highly awaited Mine2Mine Cycling Race begun this weekend in the scenic landscapes of Solwezi to Kalumbila.

This exhilarating cycling event promises to be a thrilling showcase of stamina, determination, and community spirit, drawing participants and enthusiasts from across click the following link for full story https://www.solwezitoday.com/excitement-builds-as-mine2mine-cycling-race-kicks-off/

It is with profound sadness that the team at Solwezi Today Business Magazine extends heartfelt condolences to the family...
07/08/2025

It is with profound sadness that the team at Solwezi Today Business Magazine extends heartfelt condolences to the family of Mr. John Mubambe. May his soul rest in peace. Mr. Mubambe's passing has deprived us of a valued member of our esteemed network of executive writers. For the past two years, he has been a greatl part of our extensive network, consistently delivering high-quality work. His dedication and attention to detail will be deeply missed and fondly remembered. Go well Mr Mubambe

Zambia strengthens Gold Reserves as Bank of Zambia and FQM-Kansanshi Mining Plc (KMP) signs a renewed gold supply agre...
07/08/2025

Zambia strengthens Gold Reserves as Bank of Zambia and FQM-Kansanshi Mining Plc (KMP) signs a renewed gold supply agreement today at Kansanshi Hotel, Solwezi.

The partnership extension deepens a strategic collaboration initiated in 2020, which has already directed 61 percent of Kansanshi’s gold doré production (totaling 2.8 metric tonnes) to the central bank’s reserves since 2021.

Key Agreement Highlights:

- Strategic Reserves Growth: The BoZ Governor Dr Denny Kalyalya

emphasized that domestically sourced gold fortifies Zambia’s international reserves, buffers foreign exchange volatility, and diversifies its asset portfolio.

Speaking at the signing ceremony held at Solwezi’s Kansanshi Hotel this morning, Dr Kalyalya noted central banks globally are increasing gold holdings, aligning with World Gold Council trends.

- Local Value Chain Model: KMP’s General Manager, Meiring Burger, highlighted a "virtuous cycle" of in-country value addition.

A standout example: Kansanshi supplied copper cathode to Zambian manufacturer ZAMEFA, which then produced cables for KMP’s S3 Expansion project—resulting in US$2.6 million in domestic procurement.

Expanded Sourcing Framework: The BoZ announced plans to broaden its domestic gold-buying program to include artisanal and small-scale miners, alongside major producers like KMP.

Draft guidelines are under stakeholder review.

Mutual Commitments:

Burger reiterated KMP’s dedication to local content, stressing that mining benefits "must remain within Zambia" through employment, procurement, and industrial partnerships.

The BoZ Governor praised Kansanshi’s role in boosting export earnings, linking its expansion plans to future foreign exchange stability.

Broader Economic Context:

The signing coincided with BoZ updates on two key national initiatives:

1. Export Proceeds Tracking Framework (EPTF): Launched in 2023 to enhance balance-of-payments data accuracy.

2. Currency Regulations: Upcoming rules mandating the Kwacha as sole legal tender for domestic transactions, pending stakeholder feedback.

The partnership sets a benchmark for public-private collaboration in Africa’s mining sector.

With Kansanshi’s S3 Expansion poised to increase output, the BoZ anticipates stronger reserves and reduced import dependency.

As Burger stated: "This gold isn’t just leaving the mine—it’s building a self-reliant Zambia.

We are deeply saddened to learn of the demise of Ndela Sichizya, who served as Brand and Communications Manager at ABSA ...
04/08/2025

We are deeply saddened to learn of the demise of Ndela Sichizya, who served as Brand and Communications Manager at ABSA and held notable positions at Zamtel, Atlas Mara, and MultiChoice Zambia. Mhsrip

Look out for the latest edition of the Solwezi Today Monthly Business Magazine for all the in-depth information on busi...
03/08/2025

Look out for the latest edition of the Solwezi Today Monthly Business Magazine for all the in-depth information on business and development in Zambia and around the world

TECNO Zambia Launches "10 for 10" Bonanza to Mark Decade of Dominance and GratitudeForget just blowing out candles! TECN...
01/08/2025

TECNO Zambia Launches "10 for 10" Bonanza to Mark Decade of Dominance and Gratitude

Forget just blowing out candles! TECNO Mobile is igniting a nationwide celebration with its explosive "10 for 10" campaign, marking a monumental 10 years of innovation, community partnership, and market leadership in Zambia.

This isn't just an anniversary; it's a massive thank-you gesture to the nation that embraced the brand.

Since bursting onto the Zambian scene in 2015, TECNO has transformed from a new entrant into a ubiquitous household name.

For a decade, it has consistently delivered cutting-edge, accessible mobile technology, empowering individuals, families, students, and entrepreneurs from Lusaka to Livingstone.

"Ten is a big number for us," declared Chilambu Mofu, TECNO Zambia’s Marketing Manager, radiating pride.
"The unwavering support from every corner of Zambia means everything. This celebration is our heartfelt way of giving back and doubling down on our commitment to this incredible nation for the next decade and beyond."

The "10 for 10" campaign is far more than just a slogan; it's a multi-pronged, community-fuelled initiative packed with tangible benefits:

1. Empowering the Future: 10 for 10 University Initiative: Demonstrating its bedrock commitment to youth and education, TECNO will sponsor 10 percent of tuition fees for selected university students nationwide.

This direct investment aims to fuel academic dreams and Zambia's future workforce.
2. Tech for All: 10 percent Off Smartphones: Making premium technology even more accessible, customers can snap up 10 percent discounts on selected TECNO smartphones throughout the campaign period.

It's the perfect time to upgrade to innovation.
3. Star Power for Good: Celebrity-Led CSR Activations:

Amplifying its community impact, TECNO enlists beloved Zambian entertainment icons Macky 2 and Michie.

These stars will spearhead high-energy outreach efforts focused squarely on education, health, and youth development.

TECNO's journey in Zambia is a testament to deep integration.

Over ten years, the brand evolved beyond selling phones to becoming a trusted partner in Zambia's digital revolution.

Its devices have become essential tools, powering connectivity in classrooms, enabling access in clinics, driving creativity in businesses, and fostering connections in homes across the country.

"While we cherish our past achievements," Mofu added, signalling the brand's forward thrust, "our gaze is firmly fixed on the future. Expect deeper community roots, relentless innovation, and our unwavering promise to serve Zambia with nothing less than excellence.”

As TECNO raises a toast to this significant milestone, the core vision remains crystal clear: to relentlessly build a smarter, more connected, and future-ready Zambia.

The "10 for 10" campaign is the vibrant launchpad for the next chapter.

FQM at the 97th Agricultural and Commercial Show.This year's theme, "Adapting to Climate Change". The show will run fro...
01/08/2025

FQM at the 97th Agricultural and Commercial Show.
This year's theme, "Adapting to Climate Change". The show will run from 30th July to 4th August 2025 .

31/07/2025

2025 Agric Show kicks off

The 2025 Agriculture and Commercial Show in Lusaka has officially commenced, supported by donations totaling over K2 million from various sponsors to facilitate the event.

Agriculture Society of Zambia President Bernard Moonga recently said that this year’s Agricultural show has garnered substantial support from various entities such as First Quantum Minerals, Barrick Lumwana, the Zambia Revenue Authority, the Chinese Association of Zambia, and Zambia Commercial and Industrial Bank.

“We received financial support from FQM, Barrick Lumwana, and the ZRA – each donated K550,000, while the Chinese Association of Zambia donated K450,000 and ZCIB contributed K350,000 respectively,” Dr. Moonga noted.

He highlighted that the 2025 Show underscores the country's focus on sustainable agriculture in the face of environmental challenges.

Dr. Moonga further hinted that with introduced innovations like e-ticketing, e-judging, and a show mobile app aim to enhance visitor experience, while the fully subscribed exhibition spaces reflect strong stakeholder engagement and interest in agro-business development.

The 97th Agriculture and Commercial Show is being held from July 30 to August 4, 2025, under the theme “Adapting to Climate Change.”

Proflight Zambia Expands Flight Network with Sixth 50-Seater JetProflight Zambia is set to enhance its scheduled flight ...
31/07/2025

Proflight Zambia Expands Flight Network with Sixth 50-Seater Jet

Proflight Zambia is set to enhance its scheduled flight services with the recent delivery of its sixth 50-seater Bombardier CRJ-200 passenger jet, further solidifying its commitment to improving connectivity across the nation.

The new aircraft, leased from Alberta Aviation Capital Corporation, arrived on June 23 under the American registration N8884E and is expected to transition to the Zambian register as 9J-PFF by end of tomorrow.

With this latest addition, Proflight Zambia says it aims to strengthen its network capacity and optimize service on existing routes, excluding Mansa and Lower Zambezi.

“The latest CRJ jet is part of our ongoing efforts to reinforce our existing network,” stated Capt. Josias Walubita, Proflight Zambia’s Director of Flight Operations. “By increasing frequency on routes that are already performing well and currently constrained by capacity, we’re able to better meet customer demand and enhance connectivity.”

The integration of the CRJ-200 into Proflight’s fleet — which now boasts a total of 11 aircraft including five CRJ-200 jets, five Jetstream 41 turboprops, and one CRJ-100 parcel freighter — reflects the airline’s strategic approach toward fleet management.

The arrival of this aircraft follows the company's earlier acquisition of a Jetstream 41 turboprop in May 2025.

Capt. Walubita emphasized the advantages of consolidating around proven aircraft types, stating that it not only streamlines operations and reduces costs but also enhances in-house engineering and maintenance capabilities.

“Maintaining and operating the same aircraft models has improved our dispatch reliability and maintenance efficiency,” he noted.

This operational strategy allows Proflight’s engineers to expand their expertise while fostering a collaborative team environment, critical for the organization's stability.

The newly acquired CRJ-200 is equipped to cruise at speeds of up to 860 km/h, making it an optimal choice for bridging regional and domestic distances swiftly and comfortably.

Its impressive combination of speed, capacity, and runway performance addresses the needs of Southern Africa’s evolving yet sometimes infrastructure-challenged markets, ensuring safety, efficiency, and passenger comfort.

While Proflight Zambia does not currently plan further fleet expansion, the airline is continuously evaluating opportunities to strategically grow its regional and domestic networks.

The primary focus remains on optimizing the existing route structure, minimizing operational bottlenecks, and ensuring resources are aligned with customer needs.

Capt. Walubita said this commitment positions Proflight Zambia for sustained growth in both customer satisfaction and operational excellence.

As Proflight Zambia takes these steps forward, the airline not only reaffirms its role as a key player in the Zambian aviation sector but also highlights its dedication to enhancing travel options for its passengers.

Ends…….//

31/07/2025

Annual inflation drops to 13%

The Zambia Statistics Agency says the annual inflation rate for July 2025 slowed to 13 percent from 14.1 percent in June 2025

29/07/2025

Process for granting of Artisanal Gold Licenses to local Cooperatives in Mufumbwe and Kasempa, commences this week

Address

Suite 3, Plot 1728/M, Main Street, Ibex Hill
Lusaka
10101

Telephone

+260777108870

Website

Alerts

Be the first to know and let us send you an email when Solwezitoday posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Solwezitoday:

Shortcuts

Share

Category

Solwezi Today Magazine

Solwezi Today is a business news magazine which aims to bring out the development aspects of the town of Solwezi in the North-Western Province of Zambia. The coverage, with bias towards the mining and energy sectors, also extends to other towns in North-Western and other provinces throughout Zambia.

The magazine, which is published monthly, draws clients from all business sectors in the mentioned areas, but with a biased focus on Solwezi. Solwezi Today focuses on the developments that have taken place and the potential in the mining industry, mining support sector, hospitality business, banking, tourism, health, and small and medium business enterprises, among others.

Solwezi Today is purely a business magazine and does not engage in the publication of political news of any nature. We endeavor to give our advertisers the opportunity to have their editorial content covered in each issue, where possible to appear next to their advert/s, either written by their commissioned writers or by our specialized writers.

This news magazine is distributed free of cost countrywide to paid advertising clients. However, free copies are made available to selected embassies local and abroad, hotels and lodges in Solwezi, all towns on the Copperbelt, Lusaka and Livingstone, with plans to expand to all provinces of Zambia. Other recipients of free copies include the Zambia Development Agency, Ministry of Mines and Mineral Development, Ministry of Tourism and Environment and Embassies in Lusaka.