Bumba Mulenga | Zambia Monitor

Economy

Above-average rainfall expected in 2025, govt urged to brace for flood

The government has been urged to prepare adequately for the anticipated above-average rainfall during the 2024/2025 rainy seasons, which is likely to cause ...

By Bumba MulengaAugust 22, 20240

Economy

Ahead September increased load-shedding plans, ZESCO reports progress on power projects

As ZESCO prepares to start implementing the planned increased load-shedding schedule next month, the power utility firm has provided updates on several key ...

By Bumba MulengaAugust 22, 20240

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

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