Money Daily Zambia

📈 MONEY DAILY #461 | FRIDAY, JUNE 12, 2026

Today's top stories:

🔹 President Hakainde Hichilema calls for action-oriented reforms to drive jobs and investment
🔹 BOZ warns over rising non-performing loans among public workers
🔹 Economist proposes reducing SME turnover tax from 5% to 3%
🔹 CEEC takes empowerment programmes to rural communities
🔹 Zambia records over 97% participation in Eurobond tender offer
🔹 ZNS expands fish farming operations in Kafue

Plus more business, finance and economic news from Zambia and around the world.

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HH CALLS FOR ACTION ON REFORMS TO BOOST JOBS AND GROWTH

President Hakainde Hichilema has urged stronger collaboration between Government and the private sector, calling for the implementation of reforms that create jobs, attract investment and drive economic growth. Speaking at the Mid-Year Private Sector Day in Lusaka, he emphasized building strong institutions, investing in human capital and protecting key reforms such as free education.

The President said private sector-led growth is vital for competitiveness, exports and productivity, while encouraging businesses to seize opportunities under the AfCFTA. Government also pledged to streamline licensing processes, as stakeholders stressed the need for predictable policies, sustained reforms and a conducive environment for investment.

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