Bumba Mulenga | Zambia Monitor

Economy

Bank of Zambia knocks lenders for rising public sector worker loan defaults

The Bank of Zambia (BoZ) has attributed the growing number of loan defaults among public sector workers partly to weak credit underwriting practices ...

By Bumba MulengaJune 12, 20260

Mining & Energy

Energy ministry blames poor compliance with wayleave rules for delayed power projects

The Ministry of Energy has attributed delays in the implementation of critical electricity infrastructure projects to continued non-compliance with wayleave and clearance regulations, ...

By Bumba MulengaJune 12, 20260

Economy

CTPD tasks Zambian govt to conduct NPV analysis in Eurobond buyback deal, demands transparency

The Centre for Trade Policy and Development (CTPD) has urged the government of Zambia to exercise caution and undertake a comprehensive Net Present ...

By Bumba MulengaJune 11, 20260

Economy

Kwacha strengthens against major international currencies

The Zambian Kwacha strengthened against major international currencies on Wednesday, buoyed by improved United States dollar liquidity and support from the central bank. ...

By Bumba MulengaJune 11, 20260

Economy

Zambia secures over 97 percent bondholder support in $1.34 billion debt buyback

Zambia has secured overwhelming support from bondholders in its US$1.34 billion debt buyback programme, marking a significant milestone in the country’s ongoing debt ...

By Bumba MulengaJune 11, 20260

Economy

Govt plans national accreditation agency to strengthen product quality, competitiveness

Government is working towards establishing a National Accreditation Agency through legislation aimed at improving the quality of local products and enhancing their competitiveness ...

By Bumba MulengaJune 10, 20260

Economy

Zambia’s market capitalisation rises to K341.87 billion on strong Q1 performance

Zambia’s capital markets recorded robust growth in the first quarter of 2026, with total market capitalisation on the Lusaka Securities Exchange (LuSE) rising ...

By Bumba MulengaJune 10, 20260

Economy

Zambia loses $3.5 billion to illicit financial flows in one year —FIC report

Zambia has lost more than US$3.5 billion in the past year through illicit financial flows (IFFs), largely driven by commercial activities involving multinational ...

By Bumba MulengaJune 10, 20260

Metro

130 nabbed in Mumbwa immigration crackdown

A joint operation by the Department of Immigration and other security agencies in Mumbwa District has resulted in the apprehension of 130 suspects ...

By Bumba MulengaJune 10, 20260

Sophisticated scams emerging as new fraud threat in Zambia

Zambia may be among Africa’s lower-risk markets for digital fraud, but fraudsters are becoming increasingly sophisticated, targeting consumers through scams that exploit trust ...

By Bumba MulengaJune 9, 20260

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