Bumba Mulenga | Zambia Monitor

Economy

Canadian company reports positive results from Zambia’s Muntanga uranium project feasibility study

GoviEx Uranium, a Canadian mining company, has announced positive results from its feasibility study for the Muntanga uranium project, located in Zambia’s Southern ...

By Bumba MulengaOctober 18, 20240

Economy

ZRA claims K17.8 billion owed in VAT refunds, mining industry leads with 87%

The Zambia Revenue Authority (ZRA) has confirmed that it owes K17.8 billion in unpaid Value Added Tax (VAT) refunds across all sectors, with ...

By Bumba MulengaOctober 18, 20240

Sports

Former Zambia AfCON bronze-winning coach, Paulsen, dies at 73. Seven things to remember about him

Former Zambia National Team coach, Roald Paulsen, has died aged 73. Here are some of the things to know about him: 1. Paulsen ...

By Bumba MulengaOctober 18, 20240

Metro

Somalia, Chad, Madagascar three other African countries face alarming levels of hunger — Report

The ongoing cost of living crisis and surging food prices have left Africa more vulnerable to hunger, with the 2024 Global Hunger Index ...

By Bumba MulengaOctober 16, 20240

Economy

Bank of Zambia to phase out cheques by 2025, cites decline in usage, fraud concerns

The Bank of Zambia (BoZ) has announced plans to phase out cheques by December 31, 2025, following a significant decline in their usage ...

By Bumba MulengaOctober 16, 20240

Economy

Govt targets K1 billion in unremitted non-tax revenue, sets October deadline

The Zambian government is intensifying efforts to recover more than K1 billion in unremitted non-tax revenue, as identified in the Auditor General’s report. ...

By Bumba MulengaOctober 16, 20240

Economy

Rating agency, Moody’s, maintains stable economic outlook for Zambia despite alarming debt levels

Moody’s, the international credit ratings agency, has classified Zambia’s economic outlook as stable despite the country’s debt levels remaining alarmingly high, even after ...

By Bumba MulengaOctober 16, 20240

ZM Index

Liquidity tightens as Bank of Zambia pauses expansionary open market operations

Liquidity conditions in Zambia’s money market tightened during the week ending October 11, 2024, with balances at commercial banks shrinking by 12.1 percent ...

By Bumba MulengaOctober 16, 20240

Metro

Four dead, 29 injured in Kafue bus accident, police name causalities, survivors

A fatal road accident in Kafue has left four people dead and 29 others injured after a bus overturned along the Great North ...

By Bumba MulengaOctober 15, 20240

Economy

Private sector association laments increased electricity tariffs, begs for govt interventions

The Private Sector Development Association (PSDA) has raised alarm over the recent adjustment of electricity tariffs by the Energy Regulation Board, asserting that ...

By Bumba MulengaOctober 14, 20240

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