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UPDATE: The Lusaka Magistrates Court has granted Lusaka Archbishop Alick Banda K80,000 bail with three working sureties,...
28/09/2026

UPDATE: The Lusaka Magistrates Court has granted Lusaka Archbishop Alick Banda K80,000 bail with three working sureties, each required to provide a K50,000 undertaking and has been ordered to surrender all his travel documents!

Zambia Police in full riot gear restrict access roads to the Drug Enforcement Commission (DEC) Ridgeway. His Grace, Most...
28/09/2026

Zambia Police in full riot gear restrict access roads to the Drug Enforcement Commission (DEC) Ridgeway. His Grace, Most Rev. Dr. Alick Banda, His Grace, Most Rev. Ignatius Chama, Vicar General Fr. Andrew Simpasa SJ, ZCCB Secretary General Fr. Francis Mukosa, Lawyers John Sangwa SC and Bonaventure Mutale SC are the only ones who have been allowed access in to DEC premises.

28/09/2026
28/09/2026
27/09/2026

PRESIDENT Hakainde Hichilema will undertake a working visit to the United Arab Emirates from Sept. 29 to 30, at the invitation of UAE President Sheikh Mohamed bin Zayed Al Nahyan.
The Ministry of Foreign Affairs and International Cooperation announced the visit in a statement issued by Acting Foreig...

27/09/2026

Zambia’s government bonds are about to appear on a major international investment benchmark watched by some of the world’s biggest fund managers.

J.P. Morgan’s new GBI-EM Edge index will track nearly US$330 billion in local-currency government debt across 26 frontier economies — and Zambia has made the cut. African countries will account for almost 45 percent of the index.

But does that mean billions of dollars are suddenly coming to Zambia?

Not quite.

Think of the index as a global investment shelf. Zambia’s bonds already existed, but being included makes them easier for international investors who follow J.P. Morgan benchmarks to notice, compare and potentially buy.

More demand could eventually help deepen Zambia’s bond market and potentially reduce Government’s borrowing costs. Foreign investors buying Kwacha-denominated bonds could also bring foreign currency into the country.

But there is another side.

Read more: muvitv.com/zambia-has-joined-a-j-p-morgan-bond-index-but-what-does-that-actually-mean

27/09/2026

🇿🇲🇦🇪 ZAMBIA–UAE TRADE: THE NUMBERS DESERVE AN EXPLANATION

As President Hakainde Hichilema heads to the UAE on official business, there is an important trade question worth asking:

For every commodity the UAE says it imported from Zambia, what does Zambia say it exported to the UAE—by HS code, quantity and value?

The 2024 mirror-trade statistics raise some interesting questions.

Zambia reported roughly US$400 million in exports to the UAE, while UAE data recorded about US$1.64 billion in imports from Zambia—a gap of approximately US$1.24 billion.

Gold is particularly striking. Zambia's statistics show only about US$6.6 million in gold exports to the UAE, while UAE statistics report approximately US$1.49 billion in gold imports from Zambia.

Precious and semi-precious stones show another difference: approximately US$7.3 million reported by Zambia versus US$61.7 million reported by the UAE.

Interestingly, copper goes the other way: Zambia reported about US$244 million exported to the UAE, while the UAE recorded about US$82 million imported from Zambia.

This is why these numbers should not automatically be interpreted as evidence of smuggling or unreported exports. Mirror statistics can differ because of transit countries, international commodity traders, re-exports, timing, valuation methods and differences between country of origin and final destination.

But a US$1.24 billion overall discrepancy—particularly the enormous difference in gold—deserves reconciliation.

Rather than speculate, Zambia should publish a simple comparison:

🇿🇲 Zambia's recorded exports
vs.
🇦🇪 UAE's recorded imports

Commodity by commodity. HS code by HS code. Quantity by quantity. Dollar by dollar.

As Zambia deepens economic relations with the UAE, transparency should accompany growing trade.

The question is simple: What explains the mirror-trade gap, particularly in gold?

That's not an accusation. It's a legitimate economic question that deserves an answer.

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