Bumba Mulenga | Zambia Monitor

Economy

ZANACO calls for stronger local financing to reduce Africa’s reliance on foreign investment

Zambia National Commercial Bank (ZANACO) Chief Executive Officer, Mukwandi Chibesakunda, has urged local financial institutions to play a greater role in driving Africa’s ...

By Bumba MulengaFebruary 12, 20250

Economy

BoZ may hold policy rate at 14% as inflation remains unchanged in January, say analysts

The Bank of Zambia (BoZ) is likely to maintain its benchmark lending rate at an eight-year high of 14.00 percent as it announces ...

By Bumba MulengaFebruary 12, 20250

Economy

Bank of Zambia unveils new banknotes, K5 to transition to coin form in 2025

The Bank of Zambia (BoZ) has unveiled a new series of banknotes, ranging from K500 down to K10, with the K5 denomination set ...

By Bumba MulengaFebruary 11, 20250

Metro

Luangwa District: Govt completes survey of public properties in education sector

The government has completed surveying all public properties in the education sector in Luangwa District, Lusaka Province, as part of a national land ...

By Bumba MulengaFebruary 11, 20250

Economy

ZANACO optimistic about Zambia’s copper production target, invests to support growth, says Saasa

ZANACO Bank has expressed confidence that Zambia can achieve its goal of producing one million tonnes of copper by the end of this ...

By Bumba MulengaFebruary 10, 20250

International

Libya: Authorities discover mass grave containing 28 migrants

Libyan authorities have uncovered the bodies of at least 28 migrants in a mass grave in southeastern Libya, according to the country’s Attorney ...

By Bumba MulengaFebruary 10, 20250

Metro

Health Minister, Muchima, launches oral cholera vaccination in Kasumbalesa, 32,000 reportedly vaccinated in Chililabombwe

Health Minister, Elijah Muchima, has launched an oral cholera vaccination exercise in Kasumbalesa to combat the spread of cholera in the border area. ...

By Bumba MulengaFebruary 10, 20250

International

Nujoma, Namibia’s ‘founding father’ and first president, dies, aged 95. Here are 11 things you may not know about him

Sam Nujoma, the revolutionary leader who guided Namibia to independence from apartheid South Africa in 1990 and served as its first president for ...

By Bumba MulengaFebruary 9, 20250

Economy

Gold surges to new peak as fears of trade war drive demand

Gold prices surged to a new all-time high before paring some gains, as trade-war concerns fueled safe-haven demand and signs of short-term market ...

By Bumba MulengaFebruary 8, 20250

Metro

ILO unveils global accelerator initiative to boost jobs, support vulnerable communities

The International Labour Organisation (ILO) has reaffirmed its commitment to partnering with the Zambian government to enhance the welfare of vulnerable populations. ILO ...

By Bumba MulengaFebruary 8, 20250

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