Bumba Mulenga | Zambia Monitor

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

SADC insists Zambia’s Maimbo validly nominated as region’s sole candidate for AfDB presidency

The Southern African Development Community (SADC) has denied allegations published by The Sunday Times of South Africa concerning the adoption and endorsement process ...

By Bumba MulengaOctober 13, 20240

International

Malawi govt threatens sanctions against purveyors of fake news, as rumours rife over president Chakwera’s health

Malawi’s Minister of Information and Digitalisation, Moses Kunkuyu, has issued a stern warning against those spreading false reports about President Lazarus Chakwera’s health, ...

By Bumba MulengaOctober 11, 20240

Economy

FRA reportedly procures over K4 billion worth of maize during 2024 crop marketing season

The Food Reserve Agency (FRA) has reportedly purchased 588,354 metric tonnes of non-GMO Grade A white maize, valued at over K4 billion, during ...

By Bumba MulengaOctober 10, 20240

International

Ruto’s deputy, Gachagua, impeached amid fallout with President, alleged corruption, abuse of office

NAIROBI — Kenya’s National Assembly has impeached Deputy President, Rigathi Gachagua, following allegations of corruption and abuse of office. In a decisive vote ...

By Bumba MulengaOctober 10, 20240

Economy

Bank of Zambia approves K5 billion loan facility to boost SME financing

The Bank of Zambia (BoZ) Board has approved a K5 billion loan facility under the Small Business Growth Initiative (SBGI) to enhance access ...

By Bumba MulengaOctober 10, 20240

Economy

World Bank endorses five-year framework for Zambia’s private sector-led growth

The World Bank has approved a new five-year Country Partnership Framework (CPF) to support Zambia’s sustainable private sector-led economic growth, climate resilience and ...

By Bumba MulengaOctober 10, 20240

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