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Showing posts from February, 2026

CCPC Fines Dominant Firms

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Regulator cracks down on market abuse as investment approvals hit record K17.6bn By Francis Maingaila ♥️  Lusaka, Zambia24 (02 February 2026) – The Competition and Consumer Protection Commission (CCPC) has fined dominant firms for abusing their market position, marking a major enforcement breakthrough in 2025, while approving a record K17.6 billion in investment deals, CCPC Executive Director Eunice Phiri Hamavhwa said. Hamavhwa told journalists at a media briefing that the penalties reflect a shift toward stronger enforcement against anti-competitive conduct, even as the Commission recorded its highest-ever value of approved mergers and acquisitions. She said the Commission intensified oversight to ensure businesses followed fair competition principles.  In 2025, the CCPC handled 103 mergers, almost matching 2024, with a total investment value of K17.6 billion and 1,191 jobs created or preserved. According to Hamavhwa, major activity occurred in manufacturing, mining, services, agricu...

Kasama Victory Celebrated

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GODAZA hails the outcome as a boost to Zambia’s democratic credibility ahead of national polls By Francis Maingaila ♥️  Lusaka, Zambia24--(1-02-2026) -- Governance and Development Advocates Zambia (GODAZA) has celebrated the UPND’s victory in the Kasama Mayoral by-election, describing it as a positive step for Zambia’s democracy, GODAZA Executive Director Elias Mulenga said on Sunday. Mulenga also commended President Hakainde Hichilema for assuring that the upcoming 13th August 2026 elections will be credible, peaceful, and transparent. He said the President’s commitment strengthens Zambia’s democratic credentials and promotes national unity. “Credible elections are the foundation of stable governance,” Mulenga said. He added that transparent processes build citizens’ confidence in the electoral system and state institutions. Mulenga called on political parties and civil society to support integrity in the electoral process. He stressed that assurances must be backed by practical measu...