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In case you missed them, here are our top 10 stories of the week:
1. The government has announced that ZESCO Limited had negotiated the procurement of 218 megawatts of power from Eskom, South Africa and the Zimbabwe Power Company (ZPC). Read more…
2. The Energy Regulation Board (ERB) has adjusted petroleum prices for August, with petrol rising to K33.47 from K31.58 per litre and diesel increasing to K30.05 from K29.34. Read more…
3. The government reports that food insecurity in Zambia’s Southern and Western provinces is expected to increase due to reduced agricultural output caused by droughts. Read more….
4. The Drug Enforcement Commission (DEC) has seized a property allegedly belonging to former First Lady, Esther Lungu, located in Lusaka’s Ibex Hill area. Read more….
5. Thom Shamakamba, the former Director-General of the Anti-Corruption Commission (ACC), has filed a US$500 million libel lawsuit against Dr. O’Brien Kaaba and the Daily Revelation newspaper. Read more…
6. President Hakainde Hichilema has reaffirmed his commitment to upholding and defending Zambia’s Constitution, rejecting any claims of manipulation for personal gain, according to a statement from the Presidency. Read more…
7.The Bank of Zambia (BoZ) has projected a decline in the banking sector deposits of K122.7 billion by the first quarter of 2026 due to climate change shocks impacting domestic credit. Read more…
8. Total savings for Zambia’s capital markets for the second quarter of this year increased by 13.35 percent, closing at K118.5 billion as of June 30, 2024. Read more….
9. Police have detained Francis Chipyoka, a Financial Analyst at the Independent Broadcasting Authority (IBA), in connection with the suspected murder of IBA Director-General, Guntila Muleya, who was shot dead. Read more….
10.The Copper Queens have been knocked out of the ongoing Paris 2024 Olympics in France after Germany defeated Zambia 4-1 in St Etienne. Read more….
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