Bumba Mulenga | Zambia Monitor

Economy

World Bank grants Zambia $292 million for energy expansion through interconnector project

The World Bank has approved a $292 million grant to support Zambia’s energy sector through the Zambia-Tanzania Interconnector Project (ZTIP). The initiative aims ...

By Bumba MulengaJanuary 23, 20250

Economy

Mobile money transactions experience 9% growth, hit K345 billion by Q3 2024

The Bankers Association of Zambia (BAZ) has reported a nine percent growth in mobile money transactions, reaching K345 billion as of September 2024, ...

By Bumba MulengaJanuary 23, 20250

Economy

Zambia’s public debt reaches $25.3 billion, finance ministry confirms

Zambia’s public and publicly guaranteed debt has surged to US$25.3 billion as of September 2024, the Ministry of Finance has disclosed, citing financial ...

By Bumba MulengaJanuary 23, 20250

Economy

ZNS claims over 1,000 bags of subsidised mealie-meal seized in Lusaka’s Mtendere township

The Zambia National Service (ZNS) on Tuesday reportedly seized over 1,000 by 25 kilogramme Eagles breakfast mealie meal stashed in retail shops in ...

By Bumba MulengaJanuary 22, 20250

Economy

Bank of Zambia records $11.2 billion in exports through e-BoP monitoring system

The Bank of Zambia (BoZ) has recorded export proceeds amounting to US$11.2 billion through its Electronic Balance of Payment (e-BoP) monitoring system as ...

By Bumba MulengaJanuary 22, 20250

Economy

Chamber of Commerce raises concerns over 2025 post-budget taxes, warns of economic strain

The Zambia Chamber of Commerce and Industry (ZACCI) has raised concerns about the implementation of post-2025 budget taxes, cautioning that they could negatively ...

By Bumba MulengaJanuary 22, 20250

International

Seven miners reportedly killed in clash with soldiers in Ashanti region, Ghana Ghana

Ghana – At least seven people have reportedly been killed in a clash with soldiers on duty at a mine in the central ...

By Bumba MulengaJanuary 22, 20250

ZM Index

Money market liquidity tightens for second consecutive week

Money market liquidity conditions tightened for the second straight week, with current account balances at commercial banks falling by 7.9 percent to a ...

By Bumba MulengaJanuary 21, 20250

Economy

‘Big fallacy,’ Govt not extending tax holidays or favorable taxes to foreign investors, Finance minister, Musokotwane

Finance and National Planning Minister, Situmbeko Musokotwane, has denied claims that Zambia offers tax holidays or favourable tax regimes to foreign investors, dismissing ...

By Bumba MulengaJanuary 21, 20250

Economy

More stakeholders push for removal of 15% export duty on emeralds

Calls for the removal of the recently reinstated 15 percent export duty on emeralds have intensified, with stakeholders urging the government to reconsider ...

By Bumba MulengaJanuary 20, 20250

Posts navigation

Top Stories