Bumba Mulenga | Zambia Monitor

Economy

Stronger United States dollar drives copper prices to their lowest in five weeks

Copper prices in London hit the lowest in five weeks on Friday, under pressure from a stronger United States (US) dollar. This was ...

By Bumba MulengaJune 11, 20240

Economy

Beekeepers seek urgent govt intervention, say levies crippling apiculture sector

The Zambia Apiculture Trade Association (ZAPITRADE) has asked government to withdraw and rescind the Statutory Instrument (SI) 52 of 2013 as it is ...

By Bumba MulengaJune 11, 20240

Mnangagwa faces backlash for criticising Zambia, President Hichilema in talks with Russia

Former Special Assistant to the President on Policy & Project Implementation and Monitoring, Jack Kalala, has described President Emmerson Mnangagwa’s recent remarks about ...

By Bumba MulengaJune 10, 20240

Economy

Zambia commits to becoming a transport, logistics hub in southern African region

Government says it is committed to transforming Zambia into a regional transport and logistics hub through the development of trade as well as ...

By Bumba MulengaJune 9, 20240

International

Zimbabwean President, Mnangagwa, stokes tension as video emerges of him reporting Zambia to Russia’s Putin

ZIMBABWE – President Emmerson Mnangagwa of Zimbabwe has complained to Russia’s President Vladimir Putin about how Western countries are favouring Zambia and Malawi. ...

By Bumba MulengaJune 9, 20240

Economy

Debt servicing gulps K7.3 billion in May, as Zambia spends K14.4 billion on public finance

Government, in May, spent K7.3 billion on debt servicing, taking up almost half of the money released to finance public service delivery. According ...

By Bumba MulengaJune 9, 20240

ZM Index

Kwacha expected to gain stability even as currency trades at a loss against US dollar

The Zambian Kwacha is anticipated to gain stability and potentially post short-term gains as United States dollar inflows increase. On Thursday, the Kwacha ...

By Bumba MulengaJune 8, 20240

Economy

Zambia, Angola sign $350 million power agreement to interconnect electricity by 2027

Zambia and Angola have signed an agreement to develop a power project that will connect the two countries, aiming to reduce the electricity ...

By Bumba MulengaJune 8, 20241

Economy

KoBold Metals projects investment of $300 million in Zambia’s Mingomba mine by 2025

KoBold Metals is set to invest over US$300 million in its Mingomba project by the end of 2025. This investment would be used ...

By Bumba MulengaJune 8, 20240

Economy

Research institute highlights factors affecting investment in agriculture sector

Factors discouraging commercial farmers from investing in the Zambia’s agriculture sector have been highlighted by the Indaba Agricultural Policy Research Institute (IAPRI). Among ...

By Bumba MulengaJune 8, 20240

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