Bumba Mulenga | Zambia Monitor

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

Economy

Bank of Zambia launches Financial Stability Report to avoid speculative behaviour on country’s financial firmness

The Bank of Zambia (BoZ) has launched the first ever Financial Stability Report which will analyse past and current developments in the sector. ...

By Bumba MulengaJune 25, 20240

Tech

Climate tech leads Africa’s startup funding, capturing 45% of investment in 2024

A report by the African Tech Startup Analytics Company, Africa the Big Deal, has revealed increasing funding towards innovators in the technology space. ...

By Bumba MulengaJune 25, 20240

International

Ghana completes external debt restructuring programme, reportedly secures over $8 billion in savings

GHANA – Ghana has reportedly concluded its debt restructuring programme with official creditors and Eurobond holders, Finance Minister Mohammed Amin Adam, has announced. ...

By Bumba MulengaJune 24, 20240

Economy

Zambia Development Agency denies granting incentives, land allocation to Vietnamese Investor

The Zambia Development Agency (ZDA) has clarified that it had not granted any incentives to the Vietnamese investor who pledged a US$72 billion ...

By Bumba MulengaJune 24, 20240

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