Bumba Mulenga | Zambia Monitor

International

Equatorial Guinea official arrested in scandal involving s*x with high profile women, including presidential family

Equatorial Guinea’s Director General of the National Financial Investigation Agency (ANIF), Baltasar Engonga, has been arrested following allegations of recording more than 400 ...

By Bumba MulengaNovember 6, 20240

Tech

Kenya Revenue Authority nets KSh 10 billion from Cryptocurrency traders, aims for KSh 60 billion under new regulations

KENYA – The Kenya Revenue Authority (KRA) has reaffirmed its commitment to taxing cryptocurrency traders, reporting KSh 10 billion in collections from the ...

By Bumba MulengaNovember 5, 20240

ZM Index

Kwacha’s decline continues on the back of rising dollar demand, low foreign exchange inflows

The Zambian Kwacha’s losing streak extended into Monday’s trading session, as foreign exchange inflows remained insufficient to meet rising dollar demand. At 8:30 ...

By Bumba MulengaNovember 5, 20240

Economy

PwC report reveals progress in Zambia’s debt restructuring, admits domestic arrears remain a challenge

Zambia’s progress on its debt restructuring journey reflects resilience and strategic financial management, according to a recent analysis by PwC. The report, Turning ...

By Bumba MulengaNovember 5, 20240

Metro

Government calls on employers to raise pension awareness among workforce

The government has called on employers to ensure their workforce understood the importance of pension schemes, emphasising that these savings were essential for ...

By Bumba MulengaNovember 5, 20240

Economy

Debt servicing gulps K4.7 billion as Zambian government spends K16.6 billion in October

The Ministry of Finance and National Planning has announced the release of K16.6 billion in October to support developmental programmes and general public ...

By Bumba MulengaNovember 4, 20240

Metro

Group advocates for noncustodial, community-based sentencing options to alleviate prison congestion

Prisons Care and Counselling Association (PRISCA) has urged the Judiciary to adopt noncustodial sentencing options, including suspended sentences, community service and fines, particularly ...

By Bumba MulengaNovember 4, 20240

International

Zimbabwean tuckshop owners flee after alleged poisoning of girl, 11, sparks outrage in South Africa

The Alexandra township in South Africa is reeling from the tragic death of an 11-year-old girl who reportedly consumed poisoned snacks bought from ...

By Bumba MulengaNovember 3, 20240

Economy

President Hichilema urges chiefs to invoke rainmaking powers

President Hakainde Hichilema has appealed to Zambia’s traditional leaders to call upon their rainmaking powers by praying for rain as the nation faces ...

By Bumba MulengaNovember 3, 20240

Economy

Govt reaffirms commitment to supporting SMEs, as sector contributes 80% to Zambia’s GDP

In a strong show of support for Zambia’s Small and Medium Enterprises (SMEs), the government has pledged to foster a favorable business environment ...

By Bumba MulengaNovember 2, 20240

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