Bumba Mulenga | Zambia Monitor

Economy

ZANACO says bank’s loan portfolio to Micro, Small, and Medium Enterprises stands at K450 million

ZANACO Bank’s loan portfolio to Micro, Small and Medium Enterprises (MSMEs) currently stands at K450 million, according to its leadership. Its Chief Executive ...

By Bumba MulengaJune 28, 20240

Economy

Solar industry receives knocks at national budget submissions, accused of exploitative tendencies

At the 2025 national budget submissions, the Solar Industry Association of Zambia requested for more incentives for its members, a development which did ...

By Bumba MulengaJune 28, 20240

Economy

Chamber of Mines seeks downward adjustments in duties, taxes, others ahead 2025 budget

The Zambia Chamber of Mines (ZCM) has proposed a wide range of proposals meant to attract investment in the mining sector. Among the ...

By Bumba MulengaJune 28, 20240

Tech

Govt targets 96% internet, phone coverage by 2025 with planned construction of 520 communication towers

The government and private sector are reportedly constructing 520 communication towers nationwide, targeting 96 percent phone and internet coverage by the end of ...

By Bumba MulengaJune 27, 20240

Economy

USAID Zambia proposes eliminating taxes on LPG cylinder, stoves amid electricity crisis

As the 2025 national budget submissions continue, the United States Agency for International Development (USAID) Zambia has proposed that the government consider removing ...

By Bumba MulengaJune 27, 20240

International

‘I concede,’ Kenya president, Ruto, backs down on tax hikes after more than 23 die from protests

KENYA – Kenyan President, William Ruto, on Wednesday reportedly withdrew planned tax hikes, bowing to pressure from protesters who had stormed parliament. Protestants ...

By Bumba MulengaJune 27, 20240

Lifestyle

Six baby mamas who reportedly lost the chance to marry Nigerian artiste, Davido

The wedding of Nigerian Afrobeat sensation Davido, whose real name is David Adeleke, to his longtime partner Chioma Rowland, also known as Chef ...

By Bumba MulengaJune 26, 20240

Economy

DFA reportedly launches boot camp for SMEs, aims to build financial capacity

An initiative aimed at building financial capacity for Small and Medium Enterprises (SMEs) in Zambia has been launched by the Development finance associate ...

By Bumba MulengaJune 26, 20240

Economy

Govt invites stakeholders to contribute to 2025 National Budget submissions

Finance and National Planning Minister, Situmbeko Musokotwane, has encouraged stakeholders to make submissions towards the 2025 national budget. Musokotwane said the budget would ...

By Bumba MulengaJune 26, 20240

Economy

Musokotwane says govt plans to settle Mopani debt from K41.9 billion supplementary budget

Government says it plans to use part of the funds in the K41.9 billion supplementary budget to settle the debt owed to Glencore, ...

By Bumba MulengaJune 25, 20240

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