Bolabet Zambia Launches BolaXpress POS Voucher System to Make Deposits Easier for Customers
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Bolabet Zambia is pleased to announce the launch of BolaXpress, a new Point-of-Sale (POS) voucher system designed to make it easier and faster for customers to deposit funds into their Bolabet accounts.
The BolaXpress rollout begins this week, and customers are encouraged to look out for designated booths and mobile money stands branded with BolaXpress signage across various locations. Through the BolaXpress system, customers will now be able to top up their Bolabet accounts quickly and conveniently by simply purchasing a BolaXpress voucher from an authorised agent. The voucher can then be loaded directly into their Bolabet account, providing a smooth and secure deposit experience.
The initiative forms part of Bolabet’s ongoing commitment to improve accessibility and convenience for customers, especially in busy community areas and shopping locations.
How BolaXpress Works
Customers will be able to identify participating locations by BolaXpress-branded booths, POS agents wearing branded apparel, and visible “BolaXpress Available Here” signage. To support the launch, Bolabet will also conduct in-store activations, promotions, and giveaways, allowing customers to win instant prizes such as branded merchandise, free bets, promo codes, and other rewardswhen they deposit using BolaXpress during activation periods.
The rollout will initially begin with selected locations across Lusaka, with additional sites planned as the network expands. Customers are encouraged to visit www.bolabet.co.zm and follow Bolabet’s official social media platforms for updates on activation locations, promotions, and participating agents.
Important Notice:
Participation in all Bolabet services is strictly for individuals aged 18 years and above. Customers are encouraged to play responsibly.
Treasury releases K14.5 billion to sustain public services and support social programmes.
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THE Ministry of Finance and National Planning released K14.5 billion, in February 2026, to support public service delivery, finance social protection and agricultural programs, meet debt obligations.
The money was also released to sustain government operations, and continue infrastructure implementation across the country.
Out of the total disbursement, K4.4 billion was allocated to the public service wage bill, K3.7 billion went to debt service and arrears dismantling K3.8 billion was directed to transfers, subsidies, and social benefits.
A K1.9 billion supported the implementation of government programs and general operations, while K737.1 million was released for capital expenditure.
A Ministry of Finance statement says these releases reflect the Government’s continued commitment to budget credibility through the orderly financing of approved priorities under the 2026 National Budget.
“They also demonstrate a deliberate effort to balance immediate service-delivery obligations with longer-term economic management objectives, including debt sustainability, multisectoral investment, job-creation, and the protection of vulnerable households,” the statement reads further.
It also states that the monthly release profile should therefore be understood as part of the broader annual budget execution process, not as a stand-alone measure of the Government’s full-year policy ambition or sector commitment.
“In line with the Government’s commitment to restoring and preserving debt sustainability, K3.7 billion was released toward debt service and other liabilities.
“Of this amount, K2.9 billion was for domestic debt service, K540.1 million was for external debt service, and K288.2 million was applied to dismantling domestic arrears”.
The ministry says that this development reflects continued progress in addressing legacy obligations while maintaining an orderly fiscal path.
“These payments should be read as part of Zambia’s wider debt management and restructuring efforts, whose purpose is to strengthen confidence, reduce fiscal pressures over time, and create more room for productive and social spending within a sustainable framework”.
The Treasury also released K3.8 billion for transfers, subsidies, and social benefits, reaffirming the Government’s commitment to maintaining social sector expenditure and targeted support to households and productive sectors.
Notable releases under this category included K2.1 billion for the Farmer Input Support Programme, K1.4 billion for the Social Cash Transfer, and K200 million for the Food Security Pack.
These allocations underscore a clear policy position, which is that, fiscal consolidation is not being pursued at the expense of social protection or food security.
Rather, the Government is seeking to combine discipline with targeted support in ways that protect livelihoods, strengthen resilience, and support inclusive growth.
Further, K1.9 billion was released for the implementation of various government programs and general operations under different institutions. .
On capital expenditure, the Treasury released K737.1 million, of which K537.8 million was directed to road infrastructure, while K199.3 million supported infrastructure development under various ministries across the country.
A total of K4.4 billion was spent on the Public Service Wage Bill, covering costs relating to public service workers, including health personnel, teachers, security personnel, and overseas allowances for Zambian diplomats serving in missions abroad.
This financing remains central to the continuity of Government operations and to the delivery of essential public services across the country.
Commenting on the development, Finance and National Planning Minister Dr. Situmbeko Musokotwane said:
“As Government, our objective is clear. To positively change the lives of Zambians through prudent and competent economic management”.
“Every credible budget release, every salary paid to frontline workers, every transfer made to vulnerable households, every kwacha directed toward agriculture, every debt obligation honoured, and every road project supported forms part of the broader effort to expand opportunity, strengthen resilience, and improve household welfare,” Dr Musokotwane said.
He said under President Hakainde Hichilema’s leadership, Government remains committed to an economic path that is disciplined in stewardship, clear in its priorities, and deliberate in its execution.
“As Zambia advances from stabilization toward stronger growth, job creation, and wider opportunity, monthly budget releases will continue to serve as an important instrument for sustaining service delivery, reinforcing reform credibility, and supporting a more inclusive development trajectory.” Dr Musokotwane said
(Mwebantu, Monday, 9th March, 2026)
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MTN Zambia and Starlink have entered a strategic partnership and are proud to announce that MTN Zambia is the first African operator to successfully complete field testing of Starlink’s Direct to Cell service. This involved the transmission of the first-ever data session and fintech transaction in the country through the use of MTN Zambia’sspectrum and Starlink’s satellite constellation. These milestones pave a path forward to commercial service in the coming weeks subject to regulatory approval.
This service will enable customers to gain access to data, voice and video through supported applications, even in the remotest of areas where currently terrestrial service is unavailable. This service will include WhatsApp voice and video calls, along with access to the MoMo App, MyMTN App, navigation and weather applications with more launching in the future.
Starlink Direct to Cell works with existing LTE/4G-compatible devices wherever there is a clear view of the sky, enabling seamless connectivity in some of the most remote locations. Starlink Direct to Cell satellites act like a cellphone tower in space with the most advanced phased array antennas in the world connecting seamlessly across the Starlink network over lasers to any point in the globe, enabling network integration similar to a standard roaming partner.
Starlink Direct to Cell satellite connectivity means MTN Zambia will expand coverage to the most remote areas, such as the game parks and rural areas surrounded by water bodies and rivers will be covered. We would like to acknowledge the unwavering support from the Ministry of Technology and Science and our regulator Zambia Information and Communication Technology Authority (ZICTA) for the guidance throughout this process.
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AN International Monetary Fund (IMF) staff team, led by Edward Gemayel, visited Zambia from February 26 to March 4, 2026, as part of the Fund’s regular engagement with the Zambian authorities and other stakeholders.
At the conclusion of the visit, Mr. Gemayel issued the following statement:
“The IMF team held constructive discussions with the Zambian authorities on recent macroeconomic developments, the evolving outlook, and policy priorities for the period ahead. Zambia has made substantial progress in restoring macroeconomic stability under the recently completed IMF-supported program. Public external debt has been largely restructured, international reserves have strengthened, growth has picked up, and inflation has continued to decline—recently reaching the Bank of Zambia’s target band. These outcomes reflect sustained reform efforts and have helped reinforce Zambia’s credibility with creditors and market participants.
“The economic outlook remains positive, although downside risks have increased amid domestic challenges and heightened global uncertainty. Growth for 2025 has been revised downward to 4.5 percent, reflecting weaker-than-expected performance in the mining sector, softer wholesale trade, and continued energy-related constraints on non-mining activities. The moderation in growth projected for 2026, at 5.5 percent, reflects a normalization of agricultural output following last year’s bumper harvest. Rising global oil prices and elevated geopolitical tensions could exert renewed pressure on inflation and the exchange rate. Should these persist, appropriate domestic price adjustments to higher international oil prices would help mitigate potential losses in fuel tax revenues. Against this backdrop, building buffers and preserving policy discipline will be essential.
“The mission also discussed emerging fiscal pressures. While the 2026 budget framework targets a strong primary surplus, early signs of slippage have begun to emerge, reflecting spending pressures related to the wage bill, government support to the agricultural sector, and election‑related expenditures. In this context, the scale and financing of the Food Reserve Agency’s operations will require careful management to avoid the reemergence of quasi‑fiscal risks. Absent corrective measures, the 2026 primary surplus is projected to fall by about 1 percentage point of GDP relative to the 3.8 percent of GDP envisaged at the last review under the recently completed ECF‑supported program.
“IMF staff underscored the importance of transparently integrating all spending pressures into the fiscal framework, supported by appropriate contingency measures, and of preserving the hard‑won gains achieved under the program. Fiscal structural reforms should remain focused on strengthening revenue and customs administration to broaden the tax base and support a more progressive, equitable, and less complex tax system.
“The authorities reiterated their interest in a successor arrangement. Staff emphasized that the next phase of engagement should focus on further strengthening macroeconomic stability and advancing reforms to improve the business climate and support private sector‑led growth. In this context, staff noted that initial discussions could begin as early as late April. However, in light of the electoral calendar, discussions would be expected to resume only after the general elections later this year and after a new government is in place, which would allow for greater clarity on policy priorities.
“The IMF team would like to thank the Zambian authorities and all stakeholders for their open and constructive engagement. The Fund remains committed to supporting Zambia’s reform efforts and the preservation of macroeconomic stability.
“During this visit, the team met with the President of the Republic of Zambia, Hakainde Hichilema, Finance Minister Musokotwane, Bank of Zambia Governor Kalyalya, senior government officials, and representatives of CSOs and development partners.”
Source: IMF Media Center
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Bolabet Zambia Launches BolaXpress POS Voucher System to Make Deposits Easier for Customers
