Daily Market News

Ministry of Finance Consults Muchinga Stakeholders on Integrated National Planning Framework – Lusaka Times

Ministry of Finance and National Planning is consulting with various stakeholders in Muchinga Province on the formulation of the Integrated National Planning Framework (“INPF”) that seeks to align the country’s long strategic plans, medium plans and annual operating budgets. The consultative meeting was officially opened by Muchinga Province Deputy Permanent Secretary Brian Sichande highlighted the importance of INPF for Zambia. Mr Sichande said currently the country lacks a clear and comprehensive long-term plan that speaks to the strategic objectives and developmental goals upon which both the medium and short term plans can strive on.

The 11 Trends Or Factors That Will Shape African Affairs In 2026 – CNBC Africa

For the first time in recent history, in 2026 African growth will outpace Asia’s. The difference won’t be by much, 4.4% vs. 4.1%; and it will be driven by commodities (especially metals). But it’s noteworthy that after the COVID hiatus, African economies are back to extending the more than 25 years of successive expansion registered before COVID. That is a good thing. Growth, mean that even economies that have been struggling lately can have some breathing room. Sustained by gold prices, Ghana’s cedi saw its first annual gain against the dollar since at least 1994; with the country now able to attract foreign creditors again after its recent default. The same is true for Ethiopia which looks set to come out of its default and continue with its macro reforms. Even Zambia, which plans to triple copper output in six years, is finally shedding the stigma of default.

Global Rice Prices To Stay Weak In 2026 On Surplus Supplies – Lusaka Times

Global rice prices are expected to remain under pressure in 2026, as major producers, including India, Thailand and Vietnam, compete to ship surplus supplies, prompting buyers to delay purchases, trade and industry officials said on Friday. Lower rice prices will benefit price-sensitive consumers in Africa and other regions, but they are likely to squeeze the already meagre earnings of farmers across Asia, which produces nearly 90% of the world’s rice. “Key exporters such as India, Thailand and Vietnam are sitting on surplus, and buyers know it. They’re testing sellers’ patience by holding back on purchases,” said Nitin Gupta, senior vice president at Olam Agri India.on sources deemed reliable, but Pangaea Securities Limited accepts no liability for any loss resulting from its’ use or from any omissions. Neither the information nor any opinion expressed constitutes an offer to buy or sell any securities or options or futures. Pangaea Securities Limited, their affiliates, directors, officers and employees may have a long or short position in Zambian securities including any described herein.  

Disclaimer: sources are the Bank of Zambia, LuSE and ZamStats. The information on our analytics is based on sources deemed reliable, but Pangaea Securities Limited accepts no liability for any loss resulting from its’ use or from any omissions. Neither the information nor any opinion expressed constitutes an offer to buy or sell any securities or options or futures. Pangaea Securities Limited, their affiliates, directors, officers and employees may have a long or short position in Zambian securities including any described herein.