Local government minister, Nkombo fired as inflation rate for March eases to 16.5 percent. See our top 10 stories of the week

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

1. Zambia’s annual inflation rate for March 2025 eased to 16.5 percent, down from 16.8 percent in February, according to the latest report from the Zambia Statistics Agency. Read more…

2. The Economic and Financial Crimes Court has acquitted Hibeene Mwiinga, former economic advisor to ex-President Edgar Lungu, along with his wife, Mercy Munsanje, and son, Hakaantu, of 71 corruption-related charges due to lack of substantial evidence. Read more…

3. President Hakainde Hichilema has terminated the appointment of Gary Nkombo as Minister of Local Government and Rural Development, in accordance with Article 270 of the Constitution of Zambia. Read more…

4. Preliminary data from the Basic Needs and Nutrition Basket (BNNB) survey conducted by the Jesuit Centre for Theological Reflection (JCTR) indicates that Zambia’s average cost of living for the first quarter of 2025 stands at K8,024.44. Read more…

5. Finance and National Planning Minister, Dr. Situmbeko Musokotwane, met with International Monetary Fund (IMF) Managing Director, Kristalina Georgieva in Washington, D.C., reaffirming Zambia’s commitment to economic transformation, debt sustainability, and citizens’ welfare. Read more…

6. Zambia National Commercial Bank Plc (ZANACO)) says it has recorded a profit after tax (PAT) of K1.8 billion for the year ending December 2024, reflecting a two percent increase from K1.76 billion in 2023. Read more…

7. A mother took the stand to testify against her own husband, accusing him of the unthinkable, defiling their 14-year-old daughter, resulting in a pregnancy. Read more…

8. Former Kabushi Member of Parliament, Bowman Lusambo, lost his temper in court on Tuesday when a prosecutor suggested that his lack of receipts for certain transactions indicated criminal activity. Read more…

9. Energy Minister, Makozo Chikote, says that the government has fully developed the open access framework, with the first fuel cargoes under the system set to arrive in April 2025. Read more…

10. A dramatic round of CAF qualifiers for the FIFA World Cup saw South Africa extend their lead in Group C, while Cameroon and Algeria made major statements with crucial victories. Read more…

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