Bumba Mulenga | Zambia Monitor

Economy

Govt targets K1 billion in unremitted non-tax revenue, sets October deadline

The Zambian government is intensifying efforts to recover more than K1 billion in unremitted non-tax revenue, as identified in the Auditor General’s report. ...

By Bumba MulengaOctober 16, 20240

Economy

Rating agency, Moody’s, maintains stable economic outlook for Zambia despite alarming debt levels

Moody’s, the international credit ratings agency, has classified Zambia’s economic outlook as stable despite the country’s debt levels remaining alarmingly high, even after ...

By Bumba MulengaOctober 16, 20240

ZM Index

Liquidity tightens as Bank of Zambia pauses expansionary open market operations

Liquidity conditions in Zambia’s money market tightened during the week ending October 11, 2024, with balances at commercial banks shrinking by 12.1 percent ...

By Bumba MulengaOctober 16, 20240

Metro

Four dead, 29 injured in Kafue bus accident, police name causalities, survivors

A fatal road accident in Kafue has left four people dead and 29 others injured after a bus overturned along the Great North ...

By Bumba MulengaOctober 15, 20240

Economy

Private sector association laments increased electricity tariffs, begs for govt interventions

The Private Sector Development Association (PSDA) has raised alarm over the recent adjustment of electricity tariffs by the Energy Regulation Board, asserting that ...

By Bumba MulengaOctober 14, 20240

Economy

Domestic, external debts gulp K4.1 billion in September as Musokotwane claims Zambia’s global credibility re-established

Finance and National Planning Minister, Situmbeko Musokotwane, has announced that the Zambian government has restored its credibility with the international community by reaching ...

By Bumba MulengaOctober 14, 20240

Economy

Manufacturers warn ZESCO against shortchanging customers in the wake of tariff hikes

The Zambia Association of Manufacturers (ZAM) has challenged ZESCO to uphold fair treatment of consumers by adhering to its electricity schedules and ensuring ...

By Bumba MulengaOctober 13, 20240

Zambians brace for higher electricity charges, Hichilema calls Lungu’s bluff, GBM jailed! See our top 10 stories of the week

In case you missed them, here are our top 10 stories of the week. 1. The Energy Regulation Board (ERB) has approved ZESCO’s ...

By Bumba MulengaOctober 13, 20240

Metro

Proposed license fees for crop variety won’t increase seed prices — Seed association pledges

The Zambia Trade Seed Association has assured that the introduction of proposed license fees for crop varieties will not lead to an increase ...

By Bumba MulengaOctober 13, 20240

ZM Index

Despite slight losses, Zambian Kwacha expected to hold steady amid corporate tax conversions

The Zambian Kwacha is expected to remain steady against major convertible currencies in the coming days, supported by increased foreign currency supply from ...

By Bumba MulengaOctober 13, 20240

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