Bumba Mulenga | Zambia Monitor

Economy

Debt servicing gulps K7.3 billion in May, as Zambia spends K14.4 billion on public finance

Government, in May, spent K7.3 billion on debt servicing, taking up almost half of the money released to finance public service delivery. According ...

By Bumba MulengaJune 9, 20240

ZM Index

Kwacha expected to gain stability even as currency trades at a loss against US dollar

The Zambian Kwacha is anticipated to gain stability and potentially post short-term gains as United States dollar inflows increase. On Thursday, the Kwacha ...

By Bumba MulengaJune 8, 20240

Economy

Zambia, Angola sign $350 million power agreement to interconnect electricity by 2027

Zambia and Angola have signed an agreement to develop a power project that will connect the two countries, aiming to reduce the electricity ...

By Bumba MulengaJune 8, 20240

Economy

KoBold Metals projects investment of $300 million in Zambia’s Mingomba mine by 2025

KoBold Metals is set to invest over US$300 million in its Mingomba project by the end of 2025. This investment would be used ...

By Bumba MulengaJune 8, 20240

Economy

Research institute highlights factors affecting investment in agriculture sector

Factors discouraging commercial farmers from investing in the Zambia’s agriculture sector have been highlighted by the Indaba Agricultural Policy Research Institute (IAPRI). Among ...

By Bumba MulengaJune 8, 20240

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