Zambia: Zambia Records K146 Billion in Illicit Financial Flows Between 2022 and 2024

Author: lusakatimes.comPublished on: April 8, 2026Country: Zambia

Business & Economy

Zambia: Zambia Records K146 Billion in Illicit Financial Flows Between 2022 and 2024

Between 2022 and 2024, Zambia recorded illicit financial flows amounting to K146 billion. These flows raise concerns about financial transparency and the fight against corruption in the country. Zambian authorities are urged to strengthen control measures to counter these illegal activities.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Haco to begin Ghana operations by end of April

Business & EconomyGhana

Brian George•12m ago

Haco to begin Ghana operations by end of April

Kenyan fast-moving consumer goods manufacturer Haco Industries is set to begin operations in Ghana by the end of April 2026 as part of its West African expansion strategy. Haco will enter the market through a joint venture with an undisclosed Ghanaian firm to distribute its products, adopting a lean business model without investment in factories. The company is also targeting entry into Nigeria and Senegal while prioritizing backward integration and the use of African raw materials.

This is how we can get more young women into formal labour market

Business & EconomyAfrica

RESHMA SHEORAJ•13m ago

This is how we can get more young women into formal labour market

By 2028, the _Africa Youth Employment Outlook 2026_ report projects that the services sector will replace agriculture as the primary employer of young African women, potentially adding nearly $172 billion to Africa's economy. However, over 61% of young women lack access to the training needed for professional growth. In 2025, 63% of employed young women had only a primary education or less, while those with secondary or tertiary education were more likely to secure well-paying jobs. Investing in young women's education is essential to bridging the gender gap and enabling access to quality employment.

Oil shocks: Kenya’s narrow policy window

Business & EconomyKenya

Cyrus Mutuku•13m ago

Oil shocks: Kenya’s narrow policy window

Kenya, as a net oil importer, feels the immediate effects of rising global oil prices, leading to imported inflation and pressure on foreign exchange reserves. Transport costs rise, impacting food and electricity prices. Monetary policy is constrained, as rising inflation calls for tightening, but this may worsen the economic situation by slowing domestic demand. Households and firms face higher costs, which could deepen the economic downturn.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more