Bumba Mulenga | Zambia Monitor

Economy

FNB Zambia closes K1 billion Food Reserve Agency facility to support farmer payments

First National Bank (FNB) Zambia has arranged and closed a K1 billion working capital facility for the Food Reserve Agency (FRA) to support ...

By Bumba MulengaJanuary 29, 20260

Economy

Zambia’s 2053 bonds slide after IMF downgrades economic outlook, biggest decline since August

Zambia’s dollar-denominated bonds maturing in 2053 fell sharply on Wednesday, dropping by more than 2.0 percent to just below US$72, marking their biggest ...

By Bumba MulengaJanuary 29, 20260

Economy

Haabazoka charges govt to maintain sustainable debt levels, redirect resources for economic recovery

Economist Lubinda Haabazoka has described the completion of Zambia’s IMF Extended Credit Facility (ECF) programme as a significant milestone in the nation’s economic ...

By Bumba MulengaJanuary 28, 20260

Economy

UNZA vows to drive Zambia’s energy transition through cutting-edge research, innovation

The University of Zambia (UNZA) has reaffirmed its commitment to driving the nation’s energy transition through cutting-edge research, innovation, and human capital development. ...

By Bumba MulengaJanuary 28, 20260

Economy

Sub-Saharan Africa sees declining investment over 25 years, World Bank report shows

Frontier markets, once widely regarded as incubators for the next wave of global economic powerhouses, have largely fallen short of expectations over the ...

By Bumba MulengaJanuary 28, 20260

Economy

Zambia completes final IMF extended credit facility review, unlocks final disbursement of $190 million

The Zambian government has completed the sixth and final review under the International Monetary Fund (IMF)-supported 38-month Extended Credit Facility (ECF) Arrangement, following ...

By Bumba MulengaJanuary 28, 20260

Economy

Zambia Metrology Agency flags bread for corrective action amid rising consumer complaints

Bread has come under scrutiny from the Zambia Metrology Agency (ZMA) following a surge in complaints over underweight loaves and unclear labelling, prompting ...

By Bumba MulengaJanuary 27, 20260

Economy

ZRA reaffirms commitment to border security, trade facilitation, institutional integrity

The Zambia Revenue Authority (ZRA) has reaffirmed its commitment to border security, trade facilitation, and institutional integrity as Zambia joined the rest of ...

By Bumba MulengaJanuary 27, 20260

International

Mozambique flood crisis deepens as over 650,000 affected, rescue efforts intensify

Tens of thousands of people are being rescued in Mozambique as unprecedented flooding wreaks havoc across the southern African nation—the worst the country ...

By Bumba MulengaJanuary 27, 20260

Economy

Zambia aims to attract over $5 billion in investments in 2026 —Mulenga

Commerce, Trade and Industry Minister, Chipoka Mulenga, has revealed that Zambia is targeting more than US$5 billion in new investments this year, with ...

By Bumba MulengaJanuary 27, 20260

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