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The Bank of Zambia has noted that weakening economic growth, load shedding and tightening liquidity in Zambia are threatening financial stability in the market.
And the Central Bank’s Monetary Policy Committee has maintained the policy rate, a key determinant in lending rates, at 10.25 percent.
BoZ Governor Denny Kalyalya says the committee took into account projected inflation remaining above the upper bound of the 6.8 percent target range, tightened liquidity and reduced production owing to electricity challenges.
Dr. Kalyalya noted that increased food prices owing to droughts in the last farming season have also had a negative toll on inflation.
He says the above factors required the upward adjustment for the policy rate but the Central Bank had to hold it pending some measures by the Ministry of Finance.
Speaking during the MPC quarterly briefing in Lusaka today Dr. Kalyalya noted that global growth has equally weakened with demand for copper by China having reduced owing to decline in investment in emerging markets and reduction in global trade due to ongoing trade tensions between the USA and China among others.
And Bank of Zambia Deputy Governor Operations Francis Chipimo said access to finance has remained a challenge for private sector growth and investment.
Dr. Chipimo however said there are a lot of developmental issues being undertaken aimed at enabling the financial sector mobilize savings and lend money to investors with ideas.
HH and President Lungu meet at late Munkombwe’s burial in Choma
By Chimwemwe Mwanza
Vicious, vindictive and vengeful aptly describes the Zambian political arena. Former Presidents, Kenneth Kaunda, Rupiah Banda and the late Frederick Chiluba all have scars to prove this. In the 80’s, Kaunda locked up Chiluba on flimsy charges that failed to hold in a court of law. After he became Head of State, Chiluba retaliated by sending Kaunda to Mukobeko maximum prison.
The irony for Chiluba is that his handpicked successor, Levy Mwanawasa motivated Parliament to waive off the latter’s immunity thereby exposing Chiluba to several graft charges formulated by the now defunct Task Force on Corruption. With his legacy tainted by a skewed narrative, only death saved Chiluba from possible jail time. To erase his predecessor’s legacy and ensure his humiliation, the late Sata’s PF re-created this trend by consigning Rupiah to a life of court appearances.
Off significance to this conversation, UPND leader, Hakainde Hichilema (HH) served time in Lilayi prison on a laughable treason charge – this at the hands of the current PF regime. For a fact, HH has never hidden his disdain for President Edgar Lungu and his stint in a tiny Lilayi prison cell has probably served to reinforce the UPND leader’s contempt for the President.
Just why such vindictiveness and blatant abuse of power seems to gratify incumbents is hard to understand. In the absence of reason, one might well speculate that this show of brutality is all about a naked flexing of political muscle – a bit more like, ‘can I show you who is the boss’. Whatever the reason, the difficulty is that this trend erodes the very democratic tenets and political maturity that Zambia is renowned for in the rest of Africa and the world over.
Which makes 2021 an interesting contest. Other than bread and butter issues, the fore mentioned factors will weigh heavily on the minds of both President Lungu and HH heading closer to the polls.
Who is likely to win?
The tiny but seismic shift in fundamentals on the ground seem to suggest that this will be a closely fought contest. Besides, recent electoral predictions across the globe – even by the most experienced pundits have gone against the grain making it even more difficult to provide an accurate outcome.
For example, in 2012, several analysts predicted an outright victory for Rupiah’s MMD only for the PF to spring a surprise. Suffice to acknowledge that, while characteristics of the Zambian electoral landscape may differ in comparison to mature democracies, there are similarities to draw from – especially in elections where the voter’s desire for change outweighs any other considerations.
Unaware of a groundswell desire for change, an over-confident former British Premier, David Cameroon called a snap referendum to determine Britain’s future in the European Union (EU). He was stunned at the outcome. Against odds, the British electorate voted for Brexit thus paving the way for what has now become Britain’s messy divorce from the EU trade block.
Humiliated by a razor thin loss to Brexit supporters, Cameroon was forced to call his time as leader of the conservative party. In yet one of the biggest election upsets of the 21st century, Donald Trump steam-rolled establishment candidate, Hillary Clinton to become the 45th President of the US. Therefore, the notion that either the PF or UPND might have an edge over the other heading towards 2021 is fallacious. Truth is, this is an election that could swing either way.
Why ECL will be desperate to win
Despite the PF’s public show of confidence, their determined focus on HH and constant whip-lashing of his perceived tribal inclinations, best illustrates their genuine fears and by extention their desperation. Rightly so, they can’t afford to be complacent. 2021 will be a referendum on their ten years in power. Be rest assured that this is one election where the PF’s well – oiled propaganda machinery will likely throw both the sink and kitchen at the UPND bearing in mind what is at stake. In fact, the proposed amendment to the constitution is intended to disadvantage the opposition ahead of the polls.
What troubles the mind is that the current constitution which the PF is attempting to discard was signed into law by the sitting President amid a jam-packed Independence stadium. Three years later, it’s tempting to ask. What has changed to warrant an amendment to this sacred document? By now, PF knows too well that the much-punted humility of their candidate might be a hard-sale more so to an electorate that appears too desperate for change. They can’t afford lethargic arguments such as they being the only party with a manifesto. Need they be reminded that having a manifesto is one thing and delivering on its content is another.
What about the promise that they would lower taxes and put more money in the pockets of the working class? Did they deliver on such including creation of job opportunities? You be the judge. The President is aware that he will be facing an electorate that is weary of rising food costs. A persistent drought over the last two seasons has only compounded the hunger situation – more so in outlying areas of the country. In addition, the policy uncertainty in mining taxation and the stand – off between government and sections of the mining community is taking its toll on economic growth. Perceptions around inaction on corruption might not help his cause either. While some of these challenges might not be, the PF’s making, the electorate always tend to punish a sitting government for their suffering – sometimes unfairly so.
Never mind whether HH has genuine or has yet to formulate charges against the PF, he has consistently warned that the PF leadership will be called to account for wrong doing once he becomes President. The tacit implication of this threat is that, HH is already extending bed spaces at Chimbokaila, Kamwala Remand and possibly Lilayi prisons for use by the PF leadership. And knowing fully well what is at stake, a possible loss is too ghastly for the PF to contemplate. For President Lungu, there will be no better motivation to win the polls than lose to a sworn rival.
Its State House or bust for HH
PF has over-exposed the country to a mountain of debt that will outlive generations to come. It is precisely why the 2021 polls will boil down to the economy. As a businessman, HH knows too well the implications of our foreign debt on the fiscus. Zambia can’t afford to keep borrowing to fund consumption and expenditure on non-productive sectors of the economy.
This is the message he has been selling the grassroots. For a fact, he has the support of the broader investment community, including some global mining giants. Most important though, the International Monetary Fund appears to have factored in his possible victory in 2021 hence their reluctance to engage the current government on a possible economic rescue package.
The question is, has the UPND leader’s message of change found resonance with the electorate? While he appeals to the affluent and middle class in Parklands, Kansenshi and Kabulonga, the grassroots in Mandevu, kwa Nagoli and Chamboli seem to be struggling to grasp his vision for the country. Be reminded that he desperately needs this voting block to win the elections.
Against the backdrop of challenges, this looks like HH’s election to lose. Fact is, he can’t afford a record of 4 election loses on the trot. Such a scenario will certainly cast him into political wilderness and the glue that’s bound the UPND together over the years will finally loosen. Is this what he wants?
It’s entirely up to him and how he manages his campaign otherwise it might just well be that he will once again fall short of expectation and hand the PF another 5 years in power. And him being such a vexatious litigant, our Supreme and Constitutional courts will likely be kept busy. Watch this space.
The author is an avid reader of political history and philosophy. He loves Nshima with game meat. For feedback contact him on kwachaoneATgmailDOTcom
Government says it has made meaningful progress in the HIV response that has seen a steady decrease in new HIV infections in the country.
Speaking at the 2025 HIV Estimates Dissemination Meeting, Minister of Health, Elijah Muchima, who was represented by the Permanent Secretary for Technical Services, Kennedy Lishimpi, said the government has also seen a significant decrease in mother-to-child infections.
Dr Muchima also said the country has recorded a good treatment outcome that has enabled it to have 98 percent of people living with HIV knowing their status, while 98 percent on treatment and 97 percent of those on treatment achieving viral suppression.
“Zambia continues to make meaningful progress in the HIV response, new infections have declined from 67,585 in 2005 to 29,729 in 2025,” said Dr Muchima.
He however noted that there is a need for age-appropriate interventions aimed at addressing infections in adolescents and young people, currently standing at 37 percent of all new HIV infections.
And United Nations Population Fund (UNFPA) Country Representative, Seth Broekman, commended the government on its leadership towards HIV response and achieving sustainable development goal 3.3, which targets ending HIV as a public health threat by 2030.
Mr Broekman added that the HIV response has disclosed how crucial a multisectoral approach is in addressing issues.
He added that there is need to ensure that what has been achieved is protected and sustained, especially in the context of declining funding.
Meanwhile, United States Government Representative, Jennifer Somtore, said the US government will continue to support the Zambian government and other partners to achieve and maintain HIV epidemic control in Zambia.
Ms Somtore added that her government is committed to ensuring that resources are used effectively, interventions evidence based and progress is measured with accuracy and openness.
President Hakainde Hichilema’s recent remarks defending his administration’s record on democracy have sparked renewed debate over the state of civil liberties in Zambia.
Speaking at the opening of the 5th session of the 13th National Assembly on December 12, 2025, Hichilema declared, “Arresting and prosecuting lawbreakers is not equivalent to loss of democratic space and human rights.” But critics argue that this statement masks a troubling pattern of selective enforcement, suppression of dissent, and shrinking democratic space under the United Party for National Development (UPND) government.
The president’s comments come in response to mounting accusations from civil society organizations, international watchdogs, and religious leaders who claim that Zambia’s democratic institutions are under siege. The Zambia Conference of Catholic Bishops (ZCCB), in a pastoral letter issued in late 2024, warned that at least six opposition leaders were facing politically motivated charges. These cases, they argued, were emblematic of a broader strategy to silence dissent and consolidate power.
The legal instruments used to justify these arrests, such as the Public Order Act and the newly enacted Cybersecurity laws, have been widely criticized for their vague language and potential for abuse. Opposition parties report being routinely denied permits to hold rallies or mobilize supporters, while citizens who express political views online risk prosecution under cybercrime statutes. The chilling effect on free speech is beyond doubt.
Meanwhile, the government’s anti-corruption campaign, once hailed as a cornerstone of Hichilema’s reform agenda, has come under scrutiny for its apparent bias. Numerous opposition figures have been arrested and prosecuted for corruption, yet allegations involving UPND-affiliated officials seem to vanish into bureaucratic obscurity.
One glaring example is the forensic audit of the Zambia Medicines and Medical Supplies Agency (ZAMMSA). Though the audit was completed months ago, the government has refused to release its findings. Rumors suggest the report implicates senior officials within the administration, raising questions about transparency and accountability.
This selective approach to justice has led many to conclude that the fight against corruption is being weaponized to weaken political opponents rather than uphold the rule of law. The optics are troubling: a government that claims to champion democracy while systematically undermining its foundations.
International observers have taken note. Irene Khan, the UN Special Rapporteur on Freedom of Expression, visited Zambia in January 2025 at the invitation of the UPND government. Her final report, released in June, paints a grim picture of the country’s democratic trajectory.
Khan highlighted the misuse of laws like the Cybersecurity Act and Penal Code to suppress dissent, warning that Zambia’s civic space is rapidly shrinking. Her findings directly contradict the government’s narrative and raise serious concerns about its commitment to democratic norms.
Hichilema’s speech to the National Assembly, delivered under the theme “Consolidating Economic and Social Gains Towards a Prosperous, Resilient and Equitable Zambia,” was seen by many as an attempt to preempt criticism ahead of the UN General Assembly (UNGA).
Traditionally, Zambian presidents have used the National Assembly’s opening as a rehearsal for their UNGA addresses. But critics argue that a defensive posture will do little to restore public trust or repair Zambia’s international reputation.
The question remains: can democracy thrive in an environment where opposition voices are criminalized, transparency is selective, and freedom of expression is curtailed? Hichilema’s insistence that prosecuting lawbreakers is not a threat to democracy may hold in principle, but in practice, the line between justice and political expediency appears increasingly faint.
If the UPND government is serious about preserving democratic space, it must go beyond rhetoric. That means releasing the ZAMMSA audit, ensuring equal application of the law, and revisiting legislation that stifles dissent. Anything less risks turning Zambia’s democracy into a façade, one where the rule of law is invoked not to protect citizens, but to silence them.
ZCCM-Investment Holdings (ZCCM-IH) Board Chairperson, Phesto Musonda, has hailed the government for implementing bold interventions and reforms that have revived Zambia’s mining sector from near collapse.
Mr. Musonda noted that prior to 2021, the sector was on the brink of collapse, with large operations such as Mopani, Konkola Copper Mines (KCM), Chambishi Metals, Lumwana, and Kansanshi facing possible shutdowns. He said government’s swift action in negotiating and restoring stability has since revitalised the sector.
“As you know, before 2021 the mining sector was in a bad state, with major mines almost exiting the circuit. When this government came in, it swung into action, negotiating to bring stability to the sector,” he said.
He added that the reforms have motivated companies like Kansanshi Mine to expand operations, including the development of a nickel mine, thereby boosting productivity.
Mr. Musonda also praised government for implementing energy reforms that have improved electricity supply and attracted more players to the sector.
“Without the fast-track reforms, Zambia would have been worse off in terms of energy sufficiency. Allowing independent power producers to invest and enabling the sector to import power has kept production running. Without such policies, the mining sector would have collapsed,” he said.
He highlighted that the country is now nearing one million metric tonnes of copper production—a milestone made possible through government’s progressive policies.
Meanwhile, Jiangxi Bureau of Geology General Manager, Sterlin Shi, welcomed President Hakainde Hichilema’s speech to Parliament, which emphasized scaling up copper production to three million metric tonnes per year by 2031.
Mr. Shi said the President’s address has encouraged Jiangxi Bureau of Geology to increase investment in mining exploration and mineral testing at its state-of-the-art Lusaka laboratory.
“The ambitious targets outlined by the President are proof of improved operations in the mining industry. Our mineral laboratory stands ready to contribute expertise and digital technology to support Zambia’s copper production goals,” he said.
President Hichilema, in his address to Parliament last Friday during the opening of the Fifth Session of the Thirteenth National Assembly, outlined key interventions across various sectors of the economy, with mining remaining a cornerstone of national growth.
Government has reaffirmed its commitment to disability inclusion through the launch of three National Disability Reports aimed at addressing key challenges faced by persons living with disabilities.
Speaking during the launch in Lusaka , Ministry of Community Development and Social Services Permanent Secretary, Angela Kawandami, said the reports mark a major step forward in translating disability policies into tangible actions.
“It is a reaffirmation of government’s resolve to ensure that disability inclusion is not only a matter of policy pronouncement but is translated into tangible actions that positively transform lives. Today’s launch, therefore, signifies more than the presentation of research outputs,” said Ms Kawandami.
The reports launched include the Study on Albinism and Rights in Zambia, the Country Report on the Situation Analysis of Persons with Disabilities, and the Assistive Technology Assessment Report.
Ms Kawandami explained that the study on albinism draws attention to the unique vulnerabilities of persons with albinism, particularly the discrimination, stigma, and safety risks they face.
“It highlights the importance of strengthening legal and policy measures, as well as community-level awareness and protection mechanisms,” she said.
She further noted that the situation analysis report offers a comprehensive overview of the state of disability rights in Zambia, while identifying gaps in access to services, participation in development, and human rights realisation.
The third report, on assistive technology, sheds light on the urgent need to expand access to assistive devices.
“Without such tools, many persons with disabilities remain excluded from education, employment, healthcare, and other economic opportunities,” she added.
The Permanent Secretary stated that the findings of these reports would inform government programming, especially under the Eighth National Development Plan (8NDP), which prioritises equity and human development.
“We are particularly committed to strengthening policy frameworks, enhancing service delivery, promoting assistive technologies, and ensuring the meaningful participation of persons with disabilities,” she said.
Ms Kawandami emphasised that disability inclusion is not a matter of charity but of rights, dignity, and social justice.
“Persons with disabilities are equal citizens whose voices, skills and potential must be fully recognised in our national development,” she said.
Meanwhile, United Nations Resident Coordinator in Zambia, Beatrice Mutali, in a speech read on her behalf by UNICEF Country Representative, Nejimudin Bilal, said there is urgent need to protect persons with disabilities, especially those with albinism.
“We need to promote greater awareness of their rights through education, community engagement, and empowerment. The lives of persons with albinism matter. The lives and organisations that fight for their rights should not be left behind.” said Mr Bilal.
And Association for Blind Women Empowering and Nurturing Zambia Initiatives representative, Carol Kapungwe, called on the government to improve healthcare services.
“We need assistance devices such as sunscreen for persons with albinism and better healthcare access for all persons with disabilities,” she said.
The launch of the reports marks a critical step towards building a more inclusive and equitable society.
Health Minister, Elijah Muchima, has commissioned modern medical equipment, the new technologies that include digital mammography, advanced X-ray machines, an ultra-high-grade CT scanner, and a digital subtraction angiography (DSA) system.
The equipment is worth US$5 million and is at International Hospital Zambia – Fairview Hospital in Lusaka.
Speaking at the commissioning ceremony in Lusaka , Dr Muchima described the investment as a milestone in Zambia’s journey towards quality healthcare delivery.
He said the development marks a significant step in reducing the need for Zambians to travel abroad for specialised treatment.
He explained that the availability of such equipment would reduce financial burdens on families, cut costs associated with seeking medical care abroad, and save lives through timely and effective treatment.
International Hospital Zambia – Fairview Hospital in Lusaka
The minister further underscored the importance of private sector participation in the health sector, stressing that government alone cannot meet the country’s healthcare needs.
Dr Muchima added that the Head of State has consistently emphasised that health is a shared responsibility requiring collective effort, innovation, and investment.
“The establishment of facilities such as Fairview Hospital and the installation of modern equipment demonstrate what is possible when the private sector complements government efforts,” he noted.
Dr Muchima added that beyond improving healthcare, the investment would create employment opportunities for both skilled professionals including doctors, nurses, biomedical engineers, and technologists, as well as support staff.
He has since urged other private players to emulate the move and contribute to the country’s goal of achieving universal health coverage.
And Neusoft Medical Systems Managing Director, Li Jing, reaffirmed the company’s long-term commitment to Zambia’s health sector, pledging to deeper cooperation beyond equipment supply and towards genuine technology sharing.
Ms Li said Neusoft sees Zambia not just as a partner but as a friend.
She has since pledged to work hand in hand with stakeholders to bring about value, trust, and innovation in healthcare delivery in the country.
International Hospital Zambia Chief Executive Officer, Luan Chun Min, said the facility had completed six months of preparation, leading to the arrival and installation of state-of-the-art equipment from Neusoft Medical Systems.
Dr Luan added that the hospital will maintain the new equipment in good condition but also invest in training its staff to maximise its use.
“Together with our skilled doctors, we will provide better healthcare for the people of Zambia,” he said.
He added that the hospital remains committed to its guiding principle of pursuing excellence in service delivery.
President Hakainde Hichilema has underscored the vast potential of Muchinga Province’s mining sector, stressing that once properly harnessed, it will play a key role in driving Zambia’s economic development.
Speaking in Chinsali District at the 2025 Muchinga Investment Forum and Exposition, where he met with more than 29 chiefs from Muchinga, Northern, and Southern Provinces, President Hichilema reiterated the government’s commitment to partnering with traditional leaders to curb illegal mining.
“This President and its Government wants every province to grow its economy so that we can contribute to the national economic growth,” President Hichilema said.
He also commended Muchinga Province for exceeding the Food Reserve Agency’s (FRA) white maize purchasing target during the 2025 crop marketing season.
“I want to thank the Province for surpassing the target on agriculture,” he noted.
Meanwhile, Special Political Advisor to the President, Levy Ngoma, emphasized the Head of State’s dedication to Zambia’s cultural heritage, revealing that President Hichilema has already attended approximately four traditional ceremonies in Muchinga Province.
“As long as there is information, the President is supporting all traditional ceremonies,” Mr. Ngoma said.
Delivering a collective message on behalf of the chiefs, Chief Kabinga of the Bisa people of Kanchibiya District expressed appreciation to the government for timely payments of chiefs’ subsistence allowances.
“We want to acknowledge that the payments of chiefs are now done on time,” he said.
Chief Kabinga further commended the construction of chiefs’ palaces and the provision of subsidised farming inputs, highlighting the tangible support given to traditional leadership structures.
The Zambia Police Service has launched a full-scale manhunt for Constable Emmanuel Tembo, an officer of the Protective Unit Headquarters, who allegedly stole K622,483 from a bank on September 15, 2025, while on duty.
According to Police Public Relations Officer Rae Hamoonga, Tembo was armed with an AK47 rifle loaded with 30 rounds of ammunition when he reportedly entered the bank under the pretext of performing his official duties. After the bank had closed and staff were preparing cash-in-transit collections, Tembo allegedly accessed the bulk room, took a sealed bag containing the cash, and fled the premises.
“Attempts by bank staff and security officers to apprehend him proved futile as he fled in an unknown direction,” Mr. Hamoonga said.
The officer later abandoned his uniform, firearm, and ammunition, which were recovered after he reportedly surrendered them through a taxi driver in Shimabala. As of now, neither Tembo nor the stolen cash has been recovered, and investigations have been intensified.
“The Zambia Police Service strongly condemns such grave misconduct and betrayal of public trust by an officer entrusted with safeguarding life and property,” Mr. Hamoonga stated.
He added, “We wish to make it categorically clear that this act of criminality will not go unpunished. Constable Emmanuel Tembo is now a fugitive, and the Zambia Police will relentlessly pursue him to ensure he answers for this crime.”
Authorities have appealed to the public to provide any information that may lead to Tembo’s arrest, urging citizens to report credible tips to the nearest police station.
“The Zambia Police Service remains steadfast in upholding discipline, accountability, and the rule of law, even within its own ranks. No one is above the law,” Mr. Hamoonga emphasized.
The construction of the Rice Centre of Excellence in Luapula Province has reached 84 percent completion, marking a major step toward boosting Zambia’s rice production and reducing reliance on imported seed.
The project, funded through a grant from the Japan International Cooperation Agency (JICA), is designed to develop suitable rice seed varieties for cultivation in Luapula, Northern, and Muchinga Provinces. Once completed, the centre will also serve as a hub for training and research, equipping scientists and smallholder farmers with the skills and resources to produce high-quality rice.
JICA representative Shago Takeda said the facility will train 950 farmers annually and will be equipped with irrigation systems to support production amid climate change.
Ministry of Agriculture Acting Permanent Secretary for Administration, Lemmy Kafwamfwa, highlighted the national significance of the project during a courtesy call on Luapula Province Acting Deputy Permanent Secretary, Evans Sikabbubba, by a delegation from JICA and the Zambia Agriculture Research Institute (ZARI).
“What we are doing here is laying a solid foundation for national food security and farmer empowerment,” said Mr. Kafwamfwa. “The Centre will not only benefit Luapula but will contribute nationally through increased seed availability and knowledge transfer.”
Mr. Sikabbubba emphasized the crop’s growing importance, noting that Mansa, Lunga, and Chifunabuli districts are emerging as key rice production areas in the province.
“We have the land, we have the water, and we have a very supportive environment. Just yesterday, Kawambwa received rainfall, an early sign of a favourable season. We now need to mobilise our farmers and encourage them to embrace rice farming more seriously,” he said.
ZARI Acting Director Ndashe Kapulu said the key challenge in rice production is the lack of quality seed, adding that with JICA’s support, improved early-generation seed will soon be available.
The Rice Centre of Excellence is expected to significantly boost Zambia’s rice value chain by providing affordable, high-quality seed and strengthening the capacity of local farmers.
The United Party for National Development (UPND) in Central Province, says President Hakainde Hichilema deserves another term in 2026 as he has delivered on his campaign promises.
UPND Provincial Information and Publicity Secretary (IPS), Fred Khunga, said President Hichilema has performed exceptionally to guarantee him a second term of office.
Speaking in an interview with ZANIS, Mr Khunga said the country is on the right economic trajectory because of the sound policies and programmes that are being implemented in various sectors by the government under President Hichilema.
“President Hichilema is a visionary leader who has demonstrated that he means well for this country. This is evident through economic stabilisation and implementation of a number of pro-poor policies such as the free education policy,” Mr Khunga said.
He said the increase of the Constituency Development Fund (CDF), is another milestone that has continued transforming the lives of citizens across the country because of the impactful projects and empowerment initiatives being implemented.
Mr Khunga cautioned Zambians against the call by some politicians that thrive on criticizing everything without objectively looking at the gains made in the first tenure of the UPND government.
He said the party leadership in Central Province is deeply disappointed with some politicians who have continued insulting President Hichilema on social media without offering any plausible solutions to the economic challenges the country is facing.
Mr Khunga said politics of insults should not have a place in Zambian politics describing the tendency as absurd and archaic to the values and principles of the country.
He has called for issue-based politics ahead of the 2026 general elections.
Mr Khunga urged Zambians to rally behind President Hichilema for continuity of the firm foundation his administration has laid for the country’s economic transformation.
He said the party leadership in Central Province, will continue working with the government in the implementation of developmental programmes.
Bank of Zambia Governor Dr. Denny Kalyalya has called on banks in the country to adopt more aggressive measures against cyber security threats and fraud.
Speaking at the ninth annual banking industry survey report findings presentation in Lusaka, Dr. Kalyalya stressed the importance of enhanced collaboration among banking institutions to combat rising cyber threats. The event was organised by PricewaterhouseCoopers (PwC) Zambia.
“Cyber security is a serious threat within and across the region. It is a scourge that affects everybody and therefore requires concerted efforts to curb,” Dr. Kalyalya said.
The annual survey, conducted by PwC, provides insights into the challenges and opportunities faced by the Zambian banking sector, as reported by industry leaders. The findings are aimed at guiding banks on improving their operations and mitigating risks, including those posed by cybercrime.
Dr. Kalyalya’s call comes at a time when the banking sector faces increasing digital threats, underlining the need for robust systems and collective action to protect financial institutions and their clients.
deVere Group, the global financial advisory giant, declares the Federal Reserve’s latest move a watershed for markets, setting off what CEO Nigel Green calls “the opening stage of a potential worldwide bull run.”
“The Fed has fired the starting gun,” says Nigel Green.
“A quarter-point cut, a clear plan for two more this year, and an explicit focus on employment over inflation combine to deliver the most powerful signal we’ve seen in more than a year. Global investors will be acting now, not waiting.”
On Wednesday the central bank lowered its benchmark rate to a 4.00–4.25% range and, in a statement highlighting labor-market weakness, projected two further reductions before year-end.
The Dow Jones Industrial Average immediately surged more than 400 points, Treasury yields fell and markets priced in deeper easing.
“This is the Fed telling the world it will prioritize jobs and growth,” Nigel Green continues.
“Markets understand the implications: cheaper money, a softer dollar, and an extended expansion. We’re going to be seeing decisive positioning across portfolios.”
He notes that US consumer prices are still running at 2.9% year-on-year, yet job creation has slowed to just 22,000 and unemployment claims have climbed to multi-year highs.
“Policymakers can tolerate a little extra inflation,” he says, “but they’ll not risk a hard landing. This is why the Dow jumped 400 points within hours and why capital is flowing into risk assets globally.”
“Tech and infrastructure plays are regaining momentum as financing costs drop,” Nigel Green explains.
“We’re also seeing expanded allocations to Bitcoin and other digital assets as real rates fall and liquidity rises. These are not tentative moves, capital is shifting now.”
Nigel Green underscores that politics will reinforce the momentum. “President Trump wants strong growth heading into the mid-terms, and the Fed is now aligned with that objective. Fiscal and monetary policy are pulling in the same direction to sustain expansion.”
While upcoming jobs and inflation data will inject bouts of volatility, he believes the direction is set.
“Every release will either confirm the Fed’s hand or accelerate it. Those holding back for perfect clarity will pay a premium to catch up.”
He concludes: “The era of restrictive policy is ending.
“The Dow’s 400-point surge is likely to be only the beginning. Investors we advise across the world are positioning for what could be a sustained rally because this is the decisive shift – and guidance – they’ve been waiting for in many cases.”
The Higher Education Loans and Scholarships Board (HELSB) has awarded student loans to 492 first year students at Chalimbana University for the 2025/2026 academic year.
According to a press statement released by HELSB Corporate Affairs Manager, Chiselwa Kawanda, the board received a total of 1,687 applications for loans and after screening, 1,469 applicants, representing 87 percent were considered eligible, while 218 applicants, accounting for 13 percent, were found ineligible.
Ms Kawanda explained that despite 1,469 applicants being considered eligible, only 492 were awarded student loans.
She stated that of those awarded, 833 are male, representing 57 percent, while 636 are female, translating to 43 percent.
She explained that the bulk of the successful applicants come from rural areas with 1,203 candidates, or 82 percent compared to 266 applicants, representing 18 percent from urban areas.
She explained that HELSB also confirmed that all five (5) students with disabilities who applied were successfully awarded loans.
Ms Kawanda further highlighted that some applicants were declared ineligible due to reasons such as completing Grade 12 before 2020, submitting incomplete or incorrect documentation, or exceeding the maximum age limit of 26 years.
Konkola Copper Mines (KCM) Plc wishes to clarify that the article published by the Zambia Monitor on 15 September 2025, titled “Konkola Copper Mines Unveils $2.5bn Expansion Plan to Unlock 16 million Tonnes of Copper”, is factually incorrect and not based on any official communication from the Company.
KCM reiterates that no official statement has been made regarding a US$2.5 billion investment plan. Any future investment beyond the currently approved US$1 billion will be guided by comprehensive feasibility studies and will only be announced upon approval by the KCM Board.
That said, KCM affirms the positive growth trajectory the company is currently experiencing.Significant steps are being taken to ramp up production and contribute meaningfully to Zambia’s national goal of producing 3 million tonnes of copper annually by 2031.
As part of this effort, KCM has engaged Mancala, a reputable mining company, to undertake critical underground excavations at the Konkola Deep Mining Project (KDMP) in Chililabombwe.KDMP features one of the deepest shafts in Zambia at 1,505 metres, situated on one of the world’s highest-grade copper deposits, with over 291 million tonnes of ore and a projected mine
life of at least 50 years. This investment will provide opportunities for local jobs.
In addition to KDMP developments, KCM has also upgraded its high-speed underground rail system which marks significant milestone in production infrastructure following the first successful raise boring in 15 years.
Since the resumption of operations under Vedanta Resources in August 2024, KCM has continued to deliver improved production performance. In August 2025, the company recorded 8,100 metric tonnes of finished copper up from an average of 5,500 in December 2024, reflectingsteady progress toward production ramp-up targets.
The Gauteng High Court in Pretoria has dismissed, with costs, an application by the family of former Zambian President Edgar Lungu seeking leave to appeal to the Supreme Court of Appeal. The family had challenged an earlier ruling that granted the Zambian government the right to repatriate Lungu’s body for a state funeral and burial.
Lungu, who served as Zambia’s sixth president from 2015 to 2021, died in a South African hospital in June 2025. His passing sparked a bitter legal dispute between his family and the Zambian state. While the government insisted on a state funeral in Zambia — consistent with the law and national tradition for former heads of state — the family sought a private burial in South Africa. They cited Lungu’s personal wishes and objected to the participation of President Hakainde Hichilema in the official proceedings.
In its judgment, the High Court found that the family’s application lacked merit, stressing that there were no reasonable prospects of success for an appeal. The court reasoned that:
The dispute was fact-specific, making it unlikely that a similar case would arise in future.
The matter did not raise any compelling constitutional or legal issues that warranted referral to the Supreme Court of Appeal.
The ruling effectively blocks further legal avenues for the Lungu family, clearing the way for the Zambian government to proceed with repatriation arrangements. The judgment also reaffirms the principle that when it comes to state funerals for former heads of state, national law and public interest take precedence over private or family preferences.
Legal commentators note that the case underscores the strength of state protocols surrounding national leaders’ burials and highlights the delicate balance between personal wishes and public duty.
The Lusaka Magistrates Court has sentenced two witch doctors to 24 months in prison for attempting to bewitch President Hakainde Hichilema.
Magistrate Fine Mayambu sentenced Jasten Mabulesse Candunde, 42, a Mozambican national, and Leonard Phiri, 43, a Zambian from Sinda district in Eastern Province, to 24 months’ imprisonment for the first count of professing knowledge of witchcraft, and a further six months for the second count of unlawful possession of charms.
The sentences will run concurrently.
In delivering the sentence, Magistrate Mayambu acknowledged that the two were first-time offenders, which ordinarily warrants leniency.
He also noted that the law under which they were charged allows for the imposition of a fine, and that there were no aggravating circumstances, particularly in light of President Hakainde Hichilema’s public statement dismissing belief in witchcraft.
Additionally, both men had already spent time in custody since December 2024.
However, the magistrate emphasised that the seriousness of their intent could not be overlooked, ultimately justifying the custodial sentence.
“Evidence before this court shows that the duo’s goal was not merely to instil fear, but to take the life of the President, they travelled all the way from Mozambique and Chipata with determination to carry out this mission. Such intent cannot be trivialised,” Magistrates Mayambu said.
He added that although President Hichilema has publicly stated that he does not believe in witchcraft, the seriousness of the offence lies in the potential consequences had the act been successful.
He said if the mission was successful, the President could have died within five days as the court heard during trial.
Magistrates Mayambu said the offence in issue may not be prevalent but the motive was to kill the President.
“Anything to do with the President was of public interest and therefore the convicts were not only enemies of the President but of the entire country,” Magistrate Mayambu said.
“The death of a President carries significant national implications, both economically and politically as evidenced from the past when this country lost its presidents,” he said.
The court heard that the duo was arrested in December 2024 after they were found with various items believed to be used for witchcraft, including a live chameleon.
Their actions, according to the prosecution, were part of a plot to use supernatural means to kill the Head of State.
The two were charged under the Witchcraft Act, Chapter 90 of the laws of Zambia.
In count one, they were found guilty of professing knowledge of witchcraft, contrary to Section 5 of the Act.
Particulars of the offence were that between November 22 and 24, 2024, the pair professed to possess supernatural powers with the intention of causing fear.
In count two, they were convicted for unlawful possession of charms, contrary to Section 11(2) of the same Act.
Items recovered from them included various charms and a live chameleon, believed to be part of their ritualistic plot.
