Zambian customs authorities detained a 27-year-old Indian national at Kenneth Kaunda International Airport while he was attempting to carry more than $2.3 million in cash along with suspected gold worth $500,000 to Dubai. The Drug Enforcement Commission (DEC) stated that the individual was stopped by a multi-agency team, and investigations into the matter are currently underway.
Zambia’s inflation rate is anticipated to dip below 8% for the first time since 2019. Secretary to the Treasury Felix Nkulukusa has expressed optimism about achieving the central bank’s target range of 6-8% by the end of the year. This positive outlook comes after a challenging economic period marked by a historic debt default and recent droughts, indicating a possible stabilization of living costs for the citizens of Zambia.
The Zambian Ministry of Technology and Science is promoting a transition to a paperless system within its agencies. Minister Felix Mutati has stressed the importance of embracing technology to enhance service delivery. This initiative seeks to phase out manual processes and create an environment that supports economic transformation, highlighting the crucial role of skills from the Technical Education, Vocational and Entrepreneurship Training Authority (TEVETA) in achieving these goals.
The Zambia Consumer Association has raised concerns that U.S. tariffs—10% on African agricultural exports and 25% on copper imports—could significantly harm the country’s trade outlook, diminishing the competitiveness of Zambian goods in international markets. Executive Director Juba Sakala pointed out that these new tariffs compound existing challenges, such as currency depreciation and increasing prices of essential commodities.
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Zambia has reported its second death linked to mpox, with a total of 49 cases identified across six provinces. Health Minister Elijah Muchima announced that measures are being implemented to trace and control the outbreak, while also addressing a rise in cholera cases, which have reached 490 total cases and resulted in nine fatalities. The Ministry of Health, in partnership with various organizations, is actively engaged in tackling both public health crises.