Bumba Mulenga | Zambia Monitor

Economy

World Bank report highlights need for private funding in Zambia’s development agenda

A newly launched World Bank report underscores the urgent need for Zambia to harness private funds and innovative financing mechanisms to support its ...

By Bumba MulengaSeptember 23, 20240

Metro

Zambia, DRC, Zimbabwe account for 85.7% of cholera outbreaks in Africa, report reveals

A new report by the World Health Organization (WHO) has revealed that Zambia, the Democratic Republic of Congo (DRC), and Zimbabwe account for ...

By Bumba MulengaSeptember 23, 20240

ZM Index

Country currency, Kwacha, to face renewed pressure as market anticipates limited supplies

The foreign exchange market experienced significant volatility on Thursday following the US Federal Reserve’s announcement of a 50 basis point rate cut. Investors ...

By Bumba MulengaSeptember 23, 20240

Tech

Google reportedly generates $16 billion in economic activity across sub-Saharan Africa

Google’s new report, titled “The Digital Opportunity of Sub-Saharan Africa,” reveals that the tech giant generated an estimated US$16 billion in economic activity ...

By Bumba MulengaSeptember 22, 20240

Economy

Access Bank unveils initiative to empower female employees

Access Bank Zambia has announced the launch of the Access Women’s Network (AWN), a platform designed to empower female employees and promote inclusivity ...

By Bumba MulengaSeptember 22, 20240

International

Deadly floods in Africa leave crocodiles, snakes among human bodies

A wave of deadly flooding across West and Central Africa has left human bodies alongside the remains of crocodiles and snakes, with more ...

By Bumba MulengaSeptember 21, 20240

Economy

Economist, Kabwita, has ruled out govt subsidies as solution to Zambia’s rising cost of living

An Economist, Noel Kabwita, has suggested that increasing Zambia’s Gross Domestic Product (GDP), not subsidies, was the only sustainable solution to mitigating the ...

By Bumba MulengaSeptember 21, 20240

Economy

Zambia Railways reportedly operating at a loss, seeks $248 million recapitalisation fund

Zambia Railways Limited (ZRL) is scouting for US$248 million to finance its Business Strategic Plan (BSP) and address operational challenges, the company’s Board ...

By Bumba MulengaSeptember 19, 20240

Economy

Bank of Zambia cracks down on unwarranted charges for electronic money services

The Bank of Zambia (BoZ) has issued new directives targeting unwarranted charges and fees associated with electronic money services, citing that such fees ...

By Bumba MulengaSeptember 18, 20240

Economy

ZRA seeks transfer of tax incentives to consumers by suppliers of alternative energy products

The Zambia Revenue Authority (ZRA) is urging suppliers of alternative energy products to pass on tax incentives to consumers by reducing prices. This ...

By Bumba MulengaSeptember 17, 20240

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