Kenneth Lutena | Zambia Monitor

Conclave of Cardinals elect Robert Francis Prevost as new Pope, to be known as Pope Leo XIV

Chicago born Cardinal Robert Francis Prevost has been elected as the first American Pope in history, according to Vatican News. American-born Cardinal Robert ...

By Kenneth LutenaMay 8, 20250

International

Tanzania bans use of foreign currencies for domestic transactions

Bank of Tanzania (BoT) has banned the use of foreign currencies for local transactions, requiring that all goods and services be priced and ...

By Kenneth LutenaMay 4, 20250

Economy

BoZ’s financial stability committee reports lower risks, cautions on lingering vulnerabilities

The Bank of Zambia (BoZ) says its Financial Stability Committee (FSC) has observed a reduction in financial stability risks since the release of ...

By Kenneth LutenaMay 4, 20250

Economy

Reports say Zambia, Zimbabwe reviving plans for $5 billion Batoka Gorge hydropower project

Zambia and Zimbabwe are reportedly considering stepping up efforts to attract investment for the US$5 billion Batoka Gorge hydropower project by reviving a ...

By Kenneth LutenaMay 4, 20250

Economy

AfDB reportedly backs Zambeef’s expansion programme with $32 million credit guarantee

The African Development Bank (AfDB) Group has reportedly approved a Zambian Kwacha-denominated risk-sharing credit guarantee worth US$32 million to support Zambeef Products Plc’s ...

By Kenneth LutenaMay 4, 20250

Power and Politics

Researcher, Musonda, urges ruling UPND to focus on value addition, curb illicit mineral profits

Public policy researcher and former miner, Dr. James Musonda, has urged the UPND administration to shift its focus from reopening mines to ensuring ...

By Kenneth LutenaMay 2, 20250

Power and Politics

Hichilema slams MPs for allegedly undermining implementation of Constituency Development Fund

President Hakainde Hichilema has expressed disappointment with Members of Parliament who are reportedly undermining the effective implementation of the Constituency Development Fund (CDF). ...

By Kenneth LutenaMay 2, 20250

International

Mozambique lifts all time restrictions on commercial activities

As part of its post-crisis economic recovery measures, the Mozambican government has announced the removal of all time restrictions on commercial activity, giving ...

By Kenneth LutenaMay 2, 20250

Hichilema defends constitutional reforms, says amendments are best executed before elections

President Hakainde Hichilema has dismissed criticism of his administration’s proposed constitutional amendments, insisting that the timing was right arguing that the majority of ...

By Kenneth LutenaMay 2, 20250

Economy

ERB slashes fuel pump prices for May 2025, says international oil prices down, value of Kwacha up

The Energy Regulation Board (ERB) has announced a reduction in fuel pump prices for the month of May 2025, citing a decline in ...

By Kenneth LutenaApril 30, 20250

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