Bumba Mulenga | Zambia Monitor

Economy

New currency series will not lead to Kwacha devaluation —Finance minister

Finance and National Planning Minister, Situmbeko Musokotwane, has assured that the introduction of a new currency series will not impact the value or ...

By Bumba MulengaFebruary 14, 20250

International

Internally Dispalced People’s camp reportedly looted, razed as govt, rebel forces clash in North Dafur

Sudan – A paramilitary force in Sudan has reportedly stormed the country’s largest displacement camp, looting and setting fire to the market and ...

By Bumba MulengaFebruary 13, 20250

Economy

New K100, K50 notes to be delayed after old ones are recalled —Bank of Zambia

The Bank of Zambia (BoZ) has announced that the new K100 and K50 banknotes will not be available immediately after the old ones ...

By Bumba MulengaFebruary 13, 20250

International

French troops to exit Senegal by end of 2025

France and Senegal are reportedly setting terms for a withdrawal of all French soldiers stationed in the West African country by the end ...

By Bumba MulengaFebruary 13, 20250

ZM Index

Zambian Kwacha poised for stability amid statutory tax payments

The Zambian Kwacha is expected to remain stable in the medium term, supported by increased United States dollar inflows as businesses convert funds ...

By Bumba MulengaFebruary 13, 20250

Economy

Lack of public database on power purchase agreements hurting energy investments —Policy centre

The Centre for Trade Policy and Development (CTPD) has urged the government to establish a transparent, publicly accessible database on Power Purchase Agreements ...

By Bumba MulengaFebruary 13, 20250

Metro

Medical body warns of fatal risks linked to sexual enhancement drugs

The Medical for Quality Healthcare in Zambia (MQHZ) has warned of serious health risks associated with the growing use of sexual enhancement medications, ...

By Bumba MulengaFebruary 12, 20250

Economy

Reports say Vedanta still in search of funding options to revamp KCM after committing to invest $1 billion over five years

Vedanta Resources reportedly remains in search of financing options to fund the expansion of copper production at Konkola Copper Mines (KCM), despite its ...

By Bumba MulengaFebruary 12, 20250

Economy

Nyirenda speaks ahead of fourth Land Linked Zambia event

Chief Executive Officer of Africast Limited, Chimwemwe Nyirenda, speaking ahead of the fourth Land Linked Zambia event, scheduled this year, in Lusaka, has ...

By Bumba MulengaFebruary 12, 20250

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

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