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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

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

1. Zambia is expected to record a bumper harvest of over 3.6 million metric tonnes of white maize in the 2024/2025 farming season, authorities have announced. Read more…

2. True to market intelligence, as exclusively reported by Zambia Monitor, The Bank of Zambia (BoZ) has maintained its benchmark lending rate at 14.5 percent, citing easing inflation and improved financial stability.Read more….

3. Lusaka Resident Magistrate, Faides Hamaundu, has sentenced former Lumezi Member of Parliament Munir Zulu to nine months’ imprisonment with hard labour for seditious practices, but suspended the sentence for 12 months on condition that he does not commit another offence within that period. Read more…

Read more: Zambia secures $100 million solar power deal, lawmaker withdraws petition to nullify constitutional court appointments. See our top 10 stories of the week

4. The Zambian kwacha, which has come under sustained pressure against the US dollar in recent sessions, is expected to hold steady this week, buoyed by corporate dollar sales ahead of value-added tax (VAT) payments. Read more…

5. For the first time in 34 years, Chiwempala Police Station in Chingola now has running water, following the commissioning of a long-awaited water reticulation system. Read more….

6. The Millers Association of Zambia (MAZ) has attributed the recent reduction in mealie meal prices to market dynamics, particularly the availability of new maize stocks on the market. Read more….

7. ZESCO has assured that electricity generation at the Kariba North Bank Power Station will remain stable enough to support the current daily load-shedding schedule of seven hours, despite ongoing water rationing. Read more….

8. The Zambian government has called for robust surveillance, continued investments, and sustained efforts in addressing critical health sector priorities, including mental health disorders and the growing threat of antimicrobial resistance. Read more….

9. Two men, aged 67 and 38, were each sentenced to 45 years imprisonment with hard labour for sexually abusing two girls, including the biological daughter of the latter. Read more….

10. Tottenham Hotspur have been crowned this season’s UEFA Europa League champions after edging Manchester United 1-0 in an all-English final in Bilbao. Read more…

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