Bumba Mulenga | Zambia Monitor

Economy

China’s copper industry faces profit squeeze, explores recycling, increasing use of aluminum

China’s copper industry is grappling with tight copper concentrate supplies, which have squeezed smelter profits and increased reliance on byproducts. Speaking at Asia ...

By Bumba MulengaNovember 15, 20240

Economy

World Bank Group commits $3 billion to support Zambia’s development goals

The World Bank Group has pledged approximately US$3 billion to Zambia under the new Country Partnership Framework (CPF) for 2025-2029, with nearly half ...

By Bumba MulengaNovember 14, 20240

Economy

Small-scale miners urged to formalise operations for safety, growth

The Small-Scale Miners Association is calling on its members to work closely with the government to formalise their mining operations, a move that ...

By Bumba MulengaNovember 13, 20240

Power and Politics

‘I am no stooge of imperialists,’ Hichilema shuts down insinuations alleging he’s romancing foreign powers

President Hakainde Hichilema says he is not a stooge of the imperialists, stating that his loyalty is to Zambians in whose benevolence he ...

By Bumba MulengaNovember 13, 20240

Economy

Zambia set to receive $185.5 million from IMF after fourth review of loan programme, as 2024 outlook dips to 1.2%

The International Monetary Fund (IMF) has reached a staff-level agreement with Zambia, paving the way for a US$185.5 million disbursement under the Extended ...

By Bumba MulengaNovember 12, 20240

Economy

Govt urged to settle K88.6 billion debt owed suppliers to to stimulate economy

The government has been urged to expedite the settlement of debts owed to suppliers of goods and services, which stood at K88.65 billion ...

By Bumba MulengaNovember 11, 20240

Economy

Zambia, Botswana, others make progress in African capital markets development

African capital markets have seen significant growth in 2024, marked by the introduction of new Environmental, Social, and Governance (ESG) bonds across Zambia, ...

By Bumba MulengaNovember 10, 20240

International

Food poisoning among children prompts call for disaster declaration in South Africa

SOUTH AFRICA – Following a surge in food poisoning cases affecting children, the Gauteng Executive Council has urged the South African government to ...

By Bumba MulengaNovember 9, 20240

Power and Politics

Mambilima lawmaker, Chisenga, accuses parliamentary leadership of unfair treatment after being ejected

Jean Chisenga, the Patriotic Front (PF) Member of Parliament for Mambilima, has voiced concerns over what she describes as unfair treatment by parliamentary ...

By Bumba MulengaNovember 9, 20240

Power and Politics

Church group decries politics of hate, calls on opposition politicians to offer constructive alternatives

The Independent Churches of Zambia (ICOZ) has urged opposition parties to move away from politics driven by hatred, condemnation, and insults, encouraging them ...

By Bumba MulengaNovember 9, 20240

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