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May inflation eases to 15.3%, cost of living still high in Zambia, court jails Banda for inciting violence at the UNZA. See our top 10 stories of the week

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In case you missed them, here are our top 10 stories of the week

1. Zambia’s annual inflation rate for May 2025 eased to 15.3 percent, down from 16.5 percent recorded in April, according to data released by the Zambia Statistics Agency (ZamStats). Read more

2. Samuel Maimbo, Zambia’s candidate for the presidency of the African Development Bank (AfDB), on Thursday lost the race for the institution’s top job, finishing second to Mauritania’s Sidi Ould Tah. Read more

3. Lusaka Securities Exchange (LuSE) Chief Executive Officer, Nicholas Kabaso, has described Copperbelt Energy Corporation’s (CEC) attainment of a US$1 billion market capitalisation as a historic milestone that reflects growing investor confidence in the Zambian economy. Read more.

4. The cost of living for a family of five in Lusaka has increased by K571.84 between May 2024 and May 2025, currently standing at K11,272.97, according to the Jesuit Centre for Theological Reflection (JCTR).Read more

5. President Hakainde Hichilema has with immediate effect suspended Justice Emelia Sunkutu as High Court Judge for Zambia. Read more

Read more: Zambia eyes 3.6 million tonnes of maize, BoZ holds rate at 14.5%, Zulu gets 9-month sentence. See our top 10 stories of the week

6. Tonse Alliance Chairperson and former President, Edgar Lungu, has condemned the violence that marred the filing of nominations for the Lumezi parliamentary by-election on Tuesday, accusing the ruling United Party for National Development (UPND) of fearing defeat. Read more

7. Democratic Union (DU) party president, Ackim Njobvu, has accused the government of rushing the constitutional amendment process without adequately consulting Zambians, who he said were the main stakeholders. Read more

8. The Economic and Financial Crimes Division of the High Court has, for the second time, dismissed an attempt by the Anti-Corruption Commission (ACC) to seize former Lusaka Province Minister Bowman Lusambo’s three houses in Silverest Gardens, ruling that the properties are already subject to a valid forfeiture order issued by a lower court. Read more

9. Former University of Zambia Student Union (UNZASU) president Gabriel Banda has been convicted of inciting violence at the University of Zambia (UNZA), following a speech he delivered that triggered a destructive student riot. Read more

10. Police in Lusaka have detained retired Zambia Army Colonel, Webster Simwanda, on possible charges of manslaughter and reckless or negligent acts following the death of a two-year-old child who was reportedly mauled by dogs in the New Kasama area. Read more

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