Economist Kelvin Chisanga says Zambia recorded encouraging economic developments during the second week of January 2026.
Chisanga reports that the Kwacha remained relatively firm, supported by increased foreign exchange inflows from the mining sector.
He attributes this stability to improved fiscal discipline and sustained monetary policy credibility by the Bank of Zambia.
The Economist notes that this trend continues to ease imported inflation and supports price moderation for households and businesses.
Chisanga observes that the Lusaka Securities Exchange maintained strong performance, reflecting rising investor confidence in Zambia’s reform agenda.
He states that capital market activity remains a key indicator of improving sentiment toward the national economy.
The Economist points out that mining continued to anchor economic activity, with copper and cobalt earnings strengthening the balance of payments.
Chisanga adds that the sector’s performance is contributing significantly to broader economic recovery.
He remarks that investment activity showed resilience, particularly in infrastructure and services.
The Economist explains that this aligns with government efforts to diversify the economy and enhance productivity.
Chisanga emphasises the importance of implementing the 2026 National Budget and IMF-supported reforms.
He maintains that sustaining momentum will require consistent policies, disciplined public finances, and accelerated structural reforms.
