Chris Mfula
- Indexed articles, last 90 days
- 16
- Latest publication
- Sep 30, 2026
- Outlet visibility, for CNBC Africa
- Top 500K sites
- Earliest in this view
- Jul 9, 2026
Latest articles
Zambia makes huge rate cut, says inflation comfortably on target | CNBC Africa (opens the original)
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LUSAKA, Sept 30 (Reuters) – Zambia’s central bank unveiled a much larger than expected 250-basis-point interest rate cut on Wednesday, saying inflation was well anchored and expected to remain near the bottom of its target range. Zambia has started talks with a visiting International Monetary Fund mission over a new support programme after its previous $1.7 billion arrangement ended in January. The Bank of Zambia lowered its monetary policy rate to 10.75% from 13.25%, whereas economists polled b
Zambia starts talks with visiting IMF mission on new loan programme | CNBC Africa (opens the original)
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LUSAKA, Sept 30 (Reuters) – Zambia’s government has started discussions with a visiting International Monetary Fund mission on a new lending programme, its finance ministry said on Wednesday. The Southern African copper-producing country’s previous $1.7 billion IMF arrangement expired in January, and it has said it wants to agree a new programme by the end of the year. The IMF mission is scheduled to run until October 10, the finance ministry said in a statement.
Zambian president reappoints Musokotwane as finance minister after election | CNBC Africa (opens the original)
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LUSAKA, Sept 14 (Reuters) – Zambian President Hakainde Hichilema has reappointed Situmbeko Musokotwane as finance minister following last month’s election, a swearing-in ceremony for the new cabinet on the Southern African country’s public broadcaster showed on Monday. Musokotwane has served as finance minister of the copper-rich country since 2021. During Hichilema’s first term, he oversaw protracted debt restructuring negotiations after Zambia became the first African country to default during
Zambia’s chaotic election casts shadow over Hichilema swearing-in | CNBC Africa (opens the original)
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LUSAKA, Sept 1 (Reuters) – Zambia’s President Hakainde Hichilema was sworn in for a second term on Tuesday, while his main rival was in prison on treason charges, the conclusion of a chaotic vote observers said was marred by serious irregularities. Hichilema came to power in 2021 pledging a democratic break from a government he accused of rigging elections and jailing opponents. But observers have cited a number of irregularities during and after the August 13 election, including fiddling with t
Zambia opposition leader Mundubile questioned over alleged treason, police say | CNBC Africa (opens the original)
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LUSAKA (Reuters) – Zambian opposition leader Brian Mundubile and his running mate, Makebi Zulu, are in police custody after being questioned “in connection with an alleged offence of treason,” the Zambia Police Service said on Thursday. The arrest came amid heightened political tensions following Zambia’s August 13 election, in which Mundubile came second to President Hakainde Hichilema. Mundubile has claimed the election was fraudulent, which Hichilema denies. Police did not immediately provide
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