Bumba Mulenga | Zambia Monitor

Economy

Musokotwane says govt plans to settle Mopani debt from K41.9 billion supplementary budget

Government says it plans to use part of the funds in the K41.9 billion supplementary budget to settle the debt owed to Glencore, ...

By Bumba MulengaJune 25, 20240

Economy

Bank of Zambia launches Financial Stability Report to avoid speculative behaviour on country’s financial firmness

The Bank of Zambia (BoZ) has launched the first ever Financial Stability Report which will analyse past and current developments in the sector. ...

By Bumba MulengaJune 25, 20240

Tech

Climate tech leads Africa’s startup funding, capturing 45% of investment in 2024

A report by the African Tech Startup Analytics Company, Africa the Big Deal, has revealed increasing funding towards innovators in the technology space. ...

By Bumba MulengaJune 25, 20240

International

Ghana completes external debt restructuring programme, reportedly secures over $8 billion in savings

GHANA – Ghana has reportedly concluded its debt restructuring programme with official creditors and Eurobond holders, Finance Minister Mohammed Amin Adam, has announced. ...

By Bumba MulengaJune 24, 20240

Economy

Zambia Development Agency denies granting incentives, land allocation to Vietnamese Investor

The Zambia Development Agency (ZDA) has clarified that it had not granted any incentives to the Vietnamese investor who pledged a US$72 billion ...

By Bumba MulengaJune 24, 20240

Economy

ZDA, GED sign Investment Promotion Agreement for $500 million Kasomeno Mwenda road

The Zambia Development Agency (ZDA) has signed an Investment Promotion and Protection Agreement (IPPA) with GED Africa Limited, a company contracted to work ...

By Bumba MulengaJune 23, 20240

Economy

Development agency claims investment licences now ready in three hours

The Zambia Development Agency (ZDA) says it has reduced the time frame in which investment licences are issued from 10 days to three ...

By Bumba MulengaJune 22, 20240

Economy

Finance Minister, Musokotwane, presents K41.9 billion revised budget, as govt targets most vulnerable

Finance and National Planning Minister, Situmbeko Musokotwane, has presented a K41.9 billion revised budget to Parliament for approval which has been necessitated by ...

By Bumba MulengaJune 21, 20240

International

Ghana reportedly introduces West Africa’s largest floating solar PV System

GHANA – Ghana has reportedly launched West Africa’s largest floating solar PV system to reduce its dependence on fossil fuels. The country is ...

By Bumba MulengaJune 20, 20240

Economy

Zambia offers valuable lessons to countries undertaking debt restructuring —Finance Minister, Musokotwane

Finance and National Planning Minister, Situmbeko Musokotwane, says Zambia’s debt accomplishments serve as valuable lessons for countries that are already undertaking debt restructuring ...

By Bumba MulengaJune 20, 20240

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