Bumba Mulenga | Zambia Monitor

Economy

Metrology agency probes case of underweight mealie meal bags in Lusaka

The Zambia Metrology Agency (ZMA) has seized 15 bags of mealie meal, each supposed to be 25 kilogrammes, from a shop in ...

By Bumba MulengaAugust 22, 20240

Economy

Stakeholders, Bank of Zambia disagree on full implementation of Export Proceeds Tracking Framework

Some stakeholders have accused the Bank of Zambia (BoZ) of halting the full implementation of its Export Proceeds Tracking Framework, despite the system ...

By Bumba MulengaAugust 22, 20240

ZM Index

Kwacha stablises against US dollar after volatile trading session

On Monday, the Zambian Kwacha stabilised against the United States dollar following a period of fluctuations. The local currency saw some reprieve as ...

By Bumba MulengaAugust 21, 20240

Economy

Construction of Zambia’s 120 megawatts solar PV GET FiT programme to start next year

The construction of the 120 Megawatts (MW) Solar PV GET FiT Programme in Zambia is estimated to start next year, as lenders are ...

By Bumba MulengaAugust 20, 20240

Economy

Indeni says plans on to expand into retail petroleum market

Indeni Energy Company Limited, now operating as an Oil Marketing Company (OMC), has announced plans to enter the retail petroleum market by opening ...

By Bumba MulengaAugust 19, 20240

Economy

Shamputa calls for partnerships to strengthen monitoring, accountability of cooperatives

Enhanced partnerships between the government and stakeholders are needed to monitor the activities of cooperatives across various sectors to ensure they remain operational, ...

By Bumba MulengaAugust 18, 20240

Economy

COMESA, EU sign €40 million deal to promote circular economy in East, Southern Africa

The Common Market for Eastern and Southern Africa (COMESA) has signed a €40 million financing agreement with the European Union (EU) to promote ...

By Bumba MulengaAugust 18, 20240

Economy

Zambia export development fund secures $25 million to boost non-traditional exports

The Zambia Export Development Fund (ZEDF) has successfully secured US$25 million in third-party funding from development finance institutions, investors and other supporters to ...

By Bumba MulengaAugust 16, 20240

Economy

Solar industry leaders warn of consequences of abandoning Zambia’s integrated energy resource plan

Zambia’s energy security will continue to face challenges unless adequate resources are secured for the implementation of the Integrated Energy Resource Plan (IRP). ...

By Bumba MulengaAugust 16, 20240

Economy

Speculation on US interest rate cuts fuels price hike of nonferrous metals, as Kwacha slips on rising dollar demand

Prices of nonferrous metals rose on Thursday, fueled by expectations of a potential interest rate cut in the United States, which could weaken ...

By Bumba MulengaAugust 15, 20240

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