News

Written By Nenani “The Analyst” Sichone The Trigger: A Global Oil Shock Meets Domestic Fragility On 31 March 2026, the Energy Regulation Board raised pump prices sharply: petrol to K27.15/litre (+2%), diesel to K29.78 (+28%), and kerosene to K32.26 (+53%). International crude had surged nearly 70% in a month to approximately $118/barrel, driven by the […]

Why the Smartest Investors in Africa Are Winning Deals Before They Walk Into the Room By Ceaser Siwale  |  March 2026 There is a hard truth that many in the boardroom still struggle to grasp: in the African investment landscape, the pitch is often over before you even walk through the door. As Amne Suedi recently observed, […]

By Tshepo Magagane The West is underpinned by the wealth that has been extracted from Africa. For Zambia to get to 3Mtpa, you need 800ktpa to come from Independent Projects. From MRE, PFS, BFS, PF; it will take USD12-15bn. However, when these projects come into production – they will be throwing off that much in […]

By Tshepo Magagane https://archive.is/20260323202345/https://foreignpolicy.com/2026/03/23/climate-change-world-order-green-transition-fossil-fuel/ [The liberal international order’s replacement thus won’t be negotiated in Geneva or adjudicated in The Hague. It will be determined by who controls the energy flows, mineral deposits, and technological systems on which all modern life now depends. The cost of oil extraction in the Gulf is the lowest in the […]

By Tshepo Magagane …every other analyst wanted to avoid the mining team! “dont be stupid, you are going to make your money in extractives” an Aussie MD to me as a junior talking about a rotation into the healthcare team (top notch team)… …when Ken passed on, I knew that we were approaching Peak China […]

I recently checked the brochure and couldn’t find anything on our wives or girlfriends having to be friends with each other. You see, just because we grew up together in Chingola or Chelstone or work together, it doesn’t call for the women in our lives to share recipes and skin care routines out of politeness […]

OPINION: Washington is threatening to withhold HIV treatment unless Zambia hands over access to its copper and cobalt. The terms are worse than anything offered to any other African country. But Zambia has more leverage than it thinks. By Savior Mwambwa Mr. Mwambwa works on economic sovereignty and development finance in the global majority countries. […]

By Savior Mwambwa I was intrigued by a recent News Diggers headline that almost wrote itself. “President Hichilema says slow actions piss him off”. The article received various kinds of reactions across the political sphere in Zambia. I want to make a different argument. Not to defend the President from political criticism, which is legitimate […]

By Tshepo Magagane Why we do what we do! “if not us, who will”! Zambia Railways Limited (ZRL) has appointed Pangaea Securities as Transaction Advisor to mobilise US$60 million from Development Finance Institutions (DFIs) and private sector investors to support the rehabilitation of the country’s railway infrastructure. The funding will complement a €50 million grant […]

High chance you don’t want new people around you when you’ve finally minted some success. It helps to filter out the chancers, takers and bringers of confusion. “No new friends” is a common trope for the man who now has a lot to lose after supposedly winning it all. In reality though, you’re undermining yourself […]

By Tshepo Magagane Minerals Ownership – it is at a state, community and individual level. We have been conditioned as Africans to believe that 1. Our minerals are not worth anything 2. We dont deserve to be participants in the ecosystem 3. We should be grateful for any crumbs that are throw our way! Steve […]

By Ceaser Siwale I arrived in Georgetown on a Saturday morning. Seven days later, I left having witnessed one of the most compelling emerging market transformations I have encountered since the early commodity booms in sub-Saharan Africa. Guyana is not just growing — it is being rebuilt from the ground up, in real time, and the […]

Written By Tshepo Magagane I would be eyeing Escondida if I were them – Stake at holdco is let us say about 10bn greater than Q&D NAV of 30% of Escondida – so you get that 30% in Escondida! And that 10 you say, give us Oyu…and go Glencore, we will give you a marketing […]

Shared Experiences By Ceaser Siwale The World Economic Forum (WEF) and INSEAD 56th Annual Meeting in Davos, held from January 19–23, 2026, marked a decisive pivot in the global energy narrative. Under the theme “A Spirit of Dialogue,” the focus shifted from long-term climate ambition to the immediate, physical realities of energy security, industrial competition, and the resource-intensive nature of the AI revolution. Highlights […]

Mutisunge Zulu  Chief Risk Officer | Global Executive PhD Cand. Business Mgt, AI & Strategy at ESCP Business School | Global Executive MBA (Manchester) | Advanced Management Program (Harvard)  January 9, 2026 What looks like a diplomatic retreat is shaping up to be a balance-sheet shock for vulnerable sovereigns. In a dramatic shift in U.S. […]

By Savior Mwambwa January 8, 2025 Zambia’s Ministry of Finance just released an important statement on the IMF programme. The headlines are since reading all sorts of manner including “Zambia ends IMF programme” , “Zamba abandons IMF programme” or something equally misleading. So hopefully this article will offer some clarity and context.What’s happening is more […]

Mutisunge Zulu  Chief Risk Officer | Global Executive PhD Cand. Business Mgt, AI & Strategy at ESCP Business School | Global Executive MBA (Manchester) | Advanced Management Program (Harvard) |  December 31, 2025 Reflections on leadership, risk, humanity and reinvention in a volatile world Leadership Is Forged Under Pressure As 2025 draws to a close, […]

On Monday night, I watched Morocco dismantle my…OUR beloved Chipolopolo 3-0, and instead of blaming the referee like a normal person, I had an existential breakdown on my couch. I watched something disturbingly familiar unfold. After getting pummelled like nshima at matebeto, our boys scrambled for Hakimi’s jersey with the same enthusiasm they should’ve brought […]

There a lot of theories out there. Kenneth Kaunda died with the coordinates to where Zambia has oil fields and diamond deposits. Nkana FC is a football club. But none is more ridiculous than the one where you can deduce a man’s success simply by looking at his wife. Ati if you want to assess […]

No lube, let’s go. Our tendency to absorb atrocities means we end up as the bad guy in the workplace, relationship, marriage, as a parent or any contentious situation. Societal encouragement to be strong and suffer in silence has us here today. Where nobody hears our side of the story. There are men who were […]

By Pangaea Holdings | December 2025 As we approach 2026, the economic narrative for the Southern African Development Community (SADC) and Zambia, in particular, is shifting decisively. We are moving from the era of acute crisis management and debt restructuring into a period of strategic repositioning. While the global economy faces “multidimensional polarisation” and trade fragmentation, SADC finds itself […]

[“Can you hear me now?”  Everyone’s complaining about dropped calls, network congestion, poor signal strength and interference among a glut of issues. This seems to affect everybody but no more than it does the average Zambian man. ] Over a lifetime, a man builds his own network. The childhood friends he grows up with in his […]

There was a time a man would never leave the house without a handkerchief. He would also be at the table when it was time for the family to eat what he had worked hard to put on their plates. There were things that were non-negotiable for a certain type of man. A man, it […]

Ever noticed how doing something wrong is so easy? How heavily incentivized you are to not do the right thing? The life of a man has been modified to reward short cuts publicly and hard, diligent work privately. That’s why ‘sample si lema.’ You may not be familiar with street parlance so I’ll explain what […]

By Ceaser Siwale, Vice-Chair BCAZ Lusaka, Zambia — The release of the 2025 national examination results by Education Minister Douglas Syakalima was more than just an annual academic ritual; it was a siren. For the first time in recent memory, the government explicitly flagged a “shocking” trend: the Zambian Boy Child is significantly lagging. While we celebrate […]

Views By Tshepo Magagane “Commodities” – can you procure them as is conventional wisdom going forward? Conversations with the majority of people from the West will have you going “wtf is that” – not even angry, just “wtf was that”! [Actual strategic ownership includes the control of the offtake contracts coming from that mine, the […]

Observations By Ceaser Siwale As we close the week with copper trading just shy of USD 12,000 per tonne, the market is sending a clear signal: the era of cheap copper is over. The global market has entered a period of definitive structural transformation, shedding its historical cyclicity to embrace a narrative of secular scarcity. […]

Mutisunge Zulu  Chief Risk Officer | Global Executive PhD Cand. Business Mgt, AI & Strategy at ESCP Business School | Global Executive MBA (Manchester) | Advanced Management Program (Harvard) |  December 10, 2025 Copper’s surge toward $12,000 per ton is not just another chapter in commodity-market volatility – it is the clearest indication yet that […]

Mutisunge Zulu  Chief Risk Officer | Global Executive PhD Cand. Business Mgt, AI & Strategy at ESCP Business School | Global Executive MBA (Manchester) | Advanced Management Program (Harvard) |  December 11, 2025 Why Risk Premia Are Repricing Capacity, Not Headlines Markets have long priced political noise in Africa, but 2025 is forcing something deeper: […]

The US-DRC deal and Lobito Corridor represent a historic moment. Whether it becomes a turning point depends on choices African governments make now. By Savior Mwambwa  December 9, 2025 The ink on the US-DRC Strategic Partnership Agreement signed last week in Washington is barely dry, but its implications will reverberate across the continent for decades. […]