PRICE Waterhouse Coopers (PwC) Zambia Partner-Consulting and Risk Services, Lyndon Lane-Poole, has revealed that mobile money transactions in Zambia surged to over K486 billion in 2024. And Zambia Information and Communications Technology Authority (ZICTA) Director General, Eng Collins Mbulo has noted that mobile penetration has exceeded 100 percent, meaning there are more active SIM cards in circulation than the country’s total population. Speaking at the launch of the first edition of the PwC Zambia 2025 Telecommunications Survey Report in Lusaka, with his speech read on his behalf by ZICTA Director-Economic Regulation Bernard Banda, Eng Mbulo also highlighted growing internet penetration, with nearly 13.5 million active internet connections. Lane-Poole presented the report’s key findings, noting that tax contributions from mobile network...

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