Bumba Mulenga | Zambia Monitor

Economy

ZRA suspends withholding VAT mechanism following smart invoice rollout

The Zambia Revenue Authority (ZRA) has announced the suspension of the Withholding Value Added Tax (WVAT) mechanism, effective August 1, 2025, citing improved ...

By Bumba MulengaJuly 19, 20250

Economy

Copper prices slip from three-month high, as Kwacha halts four-day winning streak against dollar

Copper prices on the London Metal Exchange have slipped from a three-month high as traders anticipate increased supply ahead of the US imposing ...

By Bumba MulengaJuly 17, 20250

Tech

Techbytes: ORA technologies reportedly secures $7.5 million series A in Morocco’s largest local-led tech round (TechAfrica)

The Moroccan startup, ORA Technologies, has reportedly closed its Series A for a total of $7.5 million, led by Azur Innovation Fund alongside ...

By Bumba MulengaJuly 17, 20250

Economy

Development of Lobito Corridor dominates as Musokotwane calls for collaboration from Brazilian investors

In a move to catalyze economic growth, Finance and National Planning Minister, Situmbeko Musokotwane, has reached out to Brazilian investors and financial institutions, ...

By Bumba MulengaJuly 17, 20250

Economy

Musokotwane leads delegation to Brazil in search of partnerships in agriculture sector

Finance and National Planning Minister, Situmbeko Musokotwane, is leading a delegation to Brazil to explore cooperation and support in developing an agriculture master ...

By Bumba MulengaJuly 15, 20250

Economy

For first time in 10 years, no African country has a sovereign risk premium in distress —Report

An analysis shared by the Access Bank group has indicated that for the first time since 2015, no African country has a sovereign ...

By Bumba MulengaJuly 15, 20250

Economy

Govt to subdivide Mufumbwe mining areas for allocation to cooperatives

The Ministry of Mines and Minerals Development has announced plans to subdivide mining areas in Mufumbwe District for allocation to cooperatives, in a ...

By Bumba MulengaJuly 14, 20250

Economy

World Bank report warns poor governance offsetting reform gains in Africa

Despite isolated progress in fiscal discipline and digital transformation, poor governance is eroding reform gains across Sub-Saharan Africa, according to the World Bank’s ...

By Bumba MulengaJuly 14, 20250

Economy

Barrick announces fresh partnership with Zambian govt, targets new investments in copperbelt region

Barrick has announced new key targets for its Zambian business including partnering with government to explore some of the parts of the Copperbelt, ...

By Bumba MulengaJuly 14, 20250

Metro

Govt denies alleged massacre of illegal miners, removes S’Africa from Lungu court case. See our top 10 stories of the week.

In case you missed them. Here are the top 10 stories of the week. 1. Home Affairs and Internal Security Minister, Jack Mwiimbu, ...

By Bumba MulengaJuly 12, 20250

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