Bumba Mulenga | Zambia Monitor

Kwacha extends winning streak, gains on the back of Bank of Zambia interventions, increased interbank inflows

The Zambian Kwacha continued its upward trajectory on Tuesday, marking a fifth consecutive session of gains against the US dollar. According to Bloomberg ...

By Bumba MulengaApril 2, 20250

Economy

Trafigura seeks arbitration against ZCCM-IH over 2021 copper deal

Trafigura on Tuesday reportedly filed a request for arbitration against Zambia’s majority state-owned ZCCM Investment Holdings (ZCCM-IH) over a copper prepayment deal dating ...

By Bumba MulengaApril 2, 20250

Economy

Banks recalibrate ATMs for new Zambian banknotes

The Bankers Association of Zambia (BAZ) has announced that all Automated Teller Machines (ATMs) across the country have been recalibrated following the introduction ...

By Bumba MulengaApril 2, 20250

Sports

Zambia falls to Colombia on penalties in UEFA friendship cup opener

Despite putting up a feisty performance, Zambia’s U18 Women’s National Team conceded to Colombia in a 5-4 penalty shootout defeat after a goalless ...

By Bumba MulengaApril 2, 20250

Metro

Lusaka water company claims Bauleni water supply project 88% completed

The Lusaka Water Supply and Sanitation Company (LWSC) says it is making significant strides in improving water supply in Bauleni Township through the ...

By Bumba MulengaApril 1, 20250

Economy

Finance minister says Zambia’s economy resilient, 2024 GDP growth revised to 4%, targets 6% for 2025

Finance and National Planning Minister, Situmbeko Musokotwane, has said Zambia’s economy has demonstrated resilience, achieving a four percent Gross Domestic Product (GDP) growth ...

By Bumba MulengaMarch 31, 20250

Economy

Motor dealers, standards agency partner to ensure safe used-vehicle imports into Zambia

The Zambia Motor Dealers Association (ZMDA) has reportedly partnered with the Zambia Compulsory Standards Agency (ZCSA) to ensure that only safe used motor ...

By Bumba MulengaMarch 30, 20250

Economy

UBA chairman, Elumelu, joins IMF advisory council on entrepreneurship, growth

The International Monetary Fund (IMF) has appointed United Bank for Africa (UBA) Group Chairman, Tony Elumelu, to its Advisory Council on Entrepreneurship and ...

By Bumba MulengaMarch 30, 20250

Local government minister, Nkombo fired as inflation rate for March eases to 16.5 percent. See our top 10 stories of the week

In case you missed them, here are the top 10 stories of the week. 1. Zambia’s annual inflation rate for March 2025 eased ...

By Bumba MulengaMarch 29, 20250

Metro

Top-up of K200 to 2.2 million beneficiaries under Drought Emergency Response will end April 2025, says minister Mwamba

The government has announced that the Drought Emergency Response Programme will end in April 2025, having largely achieved its objectives. Community Development and ...

By Bumba MulengaMarch 29, 20250

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