Zambians brace for new banknotes, as ex-president Lungu’s daughter, Tasila, arrested. See our top 10 stories of the week

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

1. The Bank of Zambia (BoZ) has unveiled a new series of banknotes, ranging from K500 down to K10, with the K5 denomination set to be issued as a coin starting March 31, 2025. Read more…

2. Zambia’s former president, Edgar Lungu’s daughter, Tasila has been formally charged and arrested by the Drug Enforcement Commission (DEC).Read more…

3. The Bank of Zambia (BoZ) has raised the benchmark lending rate by 50 basis points to 14.5 percent in a bid to curb persistent inflation and guide it back toward the target range of 6-8 percent. Read more…

Read more: USAID workforce hit by mass leave, as NCP pulls surprise win in Petauke polls. Lusambo faces setback. See our top 10 stories of the week

4. United Prosperous and Peaceful Zambia (UPPZ) leader, Charles Chanda, has wondered why permanent secretaries in the country are predominantly cadres instead of technocrats. Read more…

5. Former Lusaka Province Minister, Bowman Lusambo, has told the court that his house in Chamba Valley was not extravagant and that any Zambian can afford to build a similar property. Read more…

6. The Zambian government claims international tourist arrivals surpassed 2.19 million in 2024, marking a 35.3 percent increase from 2023, with further growth projected in 2025. Read more…

7. The Director of Public Prosecutions (DPP) has applied to the Economic and Financial Crimes Court (EFCC) for an order to forfeit K8.1 million held in a First National Bank Zambia (FNB) account, citing its connection to a fraudulent gold transaction.Read more…

8. Finance and National Planning Minister, Situmbeko Musokotwane, has assured that the introduction of a new currency series will not impact the value or purchasing power of the Zambian Kwacha. Read more…

9. Smart Mumba, who is on trial alongside his wife for the death of their 14-year-old maid, Janet Mpundu, has told the Lusaka High Court that the girl had behavioral issues, including stealing, lying, and refusing to work. Read more…

10. The National Institute for Public Administration (NIPA) has announced that all public service workers will be required to obtain certification from the institution before securing employment in the public sector. Read more…

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