Bumba Mulenga | Zambia Monitor

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

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

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