Bumba Mulenga | Zambia Monitor

Economy

Zambia needs 10 million new jobs to keep labour force alive by 2050, says World Bank

Zambia needs to create over 10 million new jobs by 2050 to keep its labour force participation and employment rates from declining. This ...

By Bumba MulengaJune 13, 20240

Economy

Mount Meru, Lake Petroleum, Uno, Eco Petroleum penalised by ERB for breaching licenses

Comprehensive compliance audits and regulatory oversight undertaken by the Energy Regulation Board (ERB) has found four energy companies guilty of breaching their license ...

By Bumba MulengaJune 13, 20240

Power and Politics

Russia says no intention to negatively stoke relations between Zambia, Zimbabwe

The Russian Ambassador to Zambia, Azim Yarakhmedov, says the Russian Federation has no intentions to harm Zambia’s relations with her neighbour, Zimbabwe. Yarakhmedov ...

By Bumba MulengaJune 13, 20240

Economy

Cabinet approves 2024 revised budget, set for presentation to parliament

The Cabinet has approved the 2024 revised National Budget, designed to protect vulnerable households from the effects of the ongoing drought in the ...

By Bumba MulengaJune 13, 20240

Economy

Musokotwane calls on Africa to pursue policies promoting industrialisation, diversification

Finance and National Planning Minister, Situmbeko Musokotwane, has encouraged African countries to pursue policy options that are promoting industrialisation and diversification in manufacturing, ...

By Bumba MulengaJune 12, 20240

Economy

Survey identifies constraints faced by exporters from Zambia

High cost of production and restrictive import regulations have been identified to be among some of the key constraints facing exporters, as showed ...

By Bumba MulengaJune 12, 20240

Economy

Zambia projected to be fertiliser sufficient by October 2025

Zambia is projected to become fertilizer sufficient by October next year, following a US$1 billion Urea plant that is under construction by the ...

By Bumba MulengaJune 12, 20240

Tech

Development Bank, Intel to equip African countries with Artificial Intelligence skills

The African Development Bank (AfDB) and technology giant Intel have formalised cooperation to transform the African digital ecosystem. The partnership aims to equip ...

By Bumba MulengaJune 12, 20240

Economy

Stronger United States dollar drives copper prices to their lowest in five weeks

Copper prices in London hit the lowest in five weeks on Friday, under pressure from a stronger United States (US) dollar. This was ...

By Bumba MulengaJune 11, 20240

Economy

Beekeepers seek urgent govt intervention, say levies crippling apiculture sector

The Zambia Apiculture Trade Association (ZAPITRADE) has asked government to withdraw and rescind the Statutory Instrument (SI) 52 of 2013 as it is ...

By Bumba MulengaJune 11, 20240

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