Bumba Mulenga | Zambia Monitor

Economy

Zambia Metrology Agency begins 2025 statutory verification for petroleum measuring instruments

The Zambia Metrology Agency (ZMA) has reportedly initiated its 2025 first-half Statutory Verification exercise for all measuring instruments used in the petroleum sub-sector. ...

By Bumba MulengaJanuary 8, 20250

Economy

Gemfields decries reinstatement of 15% export duty on emeralds, laments lack of consultation

Gemfields, the majority owner of Kagem Mining Limited, has criticized the Zambian government’s decision to reintroduce a 15 percent export duty on emeralds, ...

By Bumba MulengaJanuary 8, 20250

Economy

Lusaka Securities Exchange reportedly closes 2024 with over K216 billion market capitalization

The Lusaka Securities Exchange (LuSE) ended 2024 with a market capitalisation of over K216 billion, marking a significant 144 percent increase from the ...

By Bumba MulengaJanuary 7, 20250

International

France’s ex-president, Sarkozy, goes on trial over alleged Libyan campaign financing

Former French President, Nicolas Sarkozy, went on trial on Monday, on charges of having received millions of euros in illegal financing from Libya’s ...

By Bumba MulengaJanuary 7, 20250

ZM Index

Kwacha weakens against US dollar in Monday trading amid decline in supplies

The Zambian Kwacha weakened against the United States (US) dollar during Monday’s trading session, as demand for the greenback outweighed supply. Market trends ...

By Bumba MulengaJanuary 7, 20250

Economy

World Bank to review developing economies’ performance, prospects

The World Bank Group is this month set to review the performance of emerging and developing economies such as Zambia’s since 2000 and ...

By Bumba MulengaJanuary 7, 20250

Economy

Economists fault huge allocation of funds to debt management, wage bill

Economic Association of Zambia (EAZ) has raised concern over government channelling of most funds to debt restructuring and wage bill, stating that this ...

By Bumba MulengaJanuary 6, 20250

Economy

Economist calls for reconsideration of private sector control in energy policy

Economist Yusuf Dodia has called on the government to revisit its energy policy, suggesting that the privatisation of the sector has not delivered ...

By Bumba MulengaJanuary 6, 20250

Economy

Domestic, international debts gulp 55% of December 2024 spendings, says Finance minister, Musokotwane

Finance and National Planning Minister, Situmbeko Musokotwane, has disclosed that Zambia would have been allocating over 90 percent of its monthly budget to ...

By Bumba MulengaJanuary 5, 20250

Sports

Zambian premier league transfer window opens

The Zambian Premier League (ZPL) transfer window officially opened on January 1, 2025, allowing clubs to bolster their squads for the next four ...

By Bumba MulengaJanuary 5, 20250

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