Bumba Mulenga | Zambia Monitor

Economy

Securities and Exchange Commission claims investor numbers soar past one million

The Securities and Exchange Commission (SEC) has reportedly grown its investor base from just 40,000 to over one million, a surge largely driven ...

By Bumba MulengaAugust 14, 20250

Economy

Bank of Zambia withdraws K9.9 billion of old notes, begins distribution of new K50, K100 banknotes ahead of September 1

The Bank of Zambia (BoZ) has begun distributing new K50 and K100 banknotes nationwide, ahead of their official circulation on September 1, 2025, ...

By Bumba MulengaAugust 13, 20250

Economy

Standards agency, tobacco board partner to strengthen tobacco regulation, consumer protection

The Zambia Compulsory Standards Agency (ZCSA) and the Tobacco Board of Zambia (TBZ) have agreed to work together to strengthen regulatory frameworks, promote ...

By Bumba MulengaAugust 13, 20250

Economy

True to prediction, Bank of Zambia holds lending rate at 14.5% as inflation eases

True to market intelligence, and as exclusively reported by Zambia Monitor, the Bank of Zambia (BoZ) has held its benchmark lending rate at ...

By Bumba MulengaAugust 13, 20250

Economy

Government pledges modernisation, inclusive growth in Zambia’s fisheries sector

The government has acknowledged persistent challenges in Zambia’s fisheries sector, including inadequate infrastructure for fish trade, low compliance with regulations, and continued use ...

By Bumba MulengaAugust 12, 20250

Economy

Zambia nears fertilizer independence as $600 million UCF plant begins test runs

Zambia is close to achieving full self-sufficiency in fertilizer production following the launch of test runs at United Capital Fertilizers’ (UCF) new US$600 ...

By Bumba MulengaAugust 12, 20250

Economy

Govt agency sheds light on concession agreements targeting road development in Zambia

The Road Development Agency (RDA) has reportedly sealed 11 concession agreements with private sector partners under the Public-Private Partnership (PPP) model to upgrade ...

By Bumba MulengaAugust 12, 20250

Economy

Zambian trade mission to Angola reportedly returns with promises of $30.1 million in business deals

The Zambia Development Agency (ZDA) has reportedly recorded business transactions worth US$30.1 million following a recent Trade Mission to Angola. ZDA’s Head of ...

By Bumba MulengaAugust 11, 20250

International

Portuguese court orders repatriation of 38 Moroccan migrants who landed in Algarve

A court in Silves, Portugal, has ruled that 38 Moroccan migrants—25 men, six women, and seven children—who washed ashore in the Algarve must ...

By Bumba MulengaAugust 11, 20250

Economy

Zambian Breweries reacts to allegations of smuggling, using ethanol in brewing process

Zambian Breweries has responded to recent allegations by the Zambia Revenue Authority (ZRA) linking the company to the smuggling of undeclared ethanol allegedly ...

By Bumba MulengaAugust 11, 20250

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