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In case you missed them, here are our top 10 stories of the week.
1. The Economic and Financial Crimes Court has ordered the forfeiture of a farm owned by Tasila Lungu, daughter of former President Edgar Lungu, valued at over K8 million. Read more…
2. The Bank of Zambia (BoZ) has issued new directives targeting unwarranted charges and fees associated with electronic money services, citing that such fees undermine progress towards financial inclusion in the country. Read more…
3. Political tensions have escalated within the United Kwacha Alliance (UKA) following the expulsion of three Council of Presidents members for their reported affiliations with other political alliances.Read more….
4. Analysts at Bank of America (BofA) have forecasted that copper prices will exceed US$10,000 per tonne by 2025, driven by strong demand and limited supply. Read more….
5. The Zambia Chamber of Mines (ZCM) has issued a strongly-worded statement criticising government’s proposed policy initiatives under the new Mineral Regulations Authority, labeling them as an unprecedented threat to investor property rights. Read more…
6. Zambia Railways Limited (ZRL) is scouting for US$248 million to finance its Business Strategic Plan (BSP) and address operational challenges, the company’s Board Chairperson, Emmanuel Hachipuka, announced during a media briefing in Lusaka on Wednesday. Read more…
7. The German government has pledged €108 million to support Zambia’s development agenda and drought response over the next two years. Read more…
8. Ezra Ngulube, the UPND Alliance Spokesperson, has invited political parties exiting the United Kwacha Alliance (UKA) to join the UPND Alliance. Read more….
9. Four suspects, including two police officers and a systems engineer, appeared in Lusaka Magistrates’ Court on Friday in connection with the murder of Independent Broadcasting Authority (IBA) Director- General Guntila Muleya.Read more….
10. On September 12, 2024, at approximately 13:00 hours, Lusaka Police apprehended four Zimbabwean nationals suspected of a series of motor vehicle thefts. Read more….
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