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Posts published in “Day: April 26, 2013

Zambia’s B+ Ratings Solid

[Times of Zambia]STANDARD and Poor's Ratings Services has affirmed its B+ long and short-term foreign and local currency sovereign credit ratings on Zambia.

Sata Toasts Kapiri Victory

[Times of Zambia]PRESIDENT Michael Sata has said the election victory in Tuesday's parliamentary by-election in Kapiri Mposhi signifies the Patriotic Front (PF)'s sustained growth in popularity among citizens.

Chirwa’s UK-Based Company Is Broke

[Zambia Reports]Embattled Zambia Railways Limited Proffesor Clive Chirwa's company, Claval Incorporated, is broke and his attempt to award it lucrative quasi-government business was a way of boosting its poor financial status, Zambia Reports has learnt.

Zanaco Chase After Pirates

[Times of Zambia]A BUOYANT Zanaco team is this morning expected to leave for South Africa ahead of this Saturday's crucial Orange CAF champion's League first round, return leg encounter against Orlando Pirates.

Auditor General Joins ZRL Probe

[Times of Zambia]THE Auditor General (AG) has joined in investigations into alleged corruption at the Zambia Railways Limited (ZRL).

Chipolopolo Trials ‘Moribund,’ Says Mumba

[Zambia Reports]Outspoken Under-20 trainer Keagan Mumba runs the risk of being sanctioned for stingingly describing the on-going national team trials as moribund.

KR120 Million Set Aside for Malaria Fight

[Times of Zambia]THE Zambian Government has provided KR120 million for malaria control programmes this year, Health Minister Joseph Kasonde has said.

Stop Using Chiefs for Political Pressure – UPND

[Zambia Reports]Opposition United Party for National Development (UPND) Chairman for Elections Ackson Sejani says that the culture of parading chiefs by politicians to politically pressure villagers should come to an end.

‘Kachingwe Got Oil Deal Letter’

[Times of Zambia]A FORMER economist at the Zambian High Commission in Nigeria has testified in court that former High Commissioner to Malawi Richard Kachingwe collected the oil deal offer letter from a Nigerian company.

UPND Is Not Tribal – Canisius Banda

[Zambia Reports]Respected physicians Dr Canisius Banda has finally been unveiled as a UPND member saying the party had done well under difficult circumstances.

Govt Gives Out KR420 Million Road Rehab Contract

[Times of Zambia]GOVERNMENT has awarded a contract worth KR420 million for road rehabilitation in Mongu and Kitwe as part of the Link-Zambia 8000 road project.

Rupiah Banda Trial: Witness Says Mwanawasa Initiated Oil Deal

[Zambia Reports]On the fourth day of hearings in the trial of former President of Zambia Rupiah Banda, a witness testified before Lusaka Chief Resident Magistrate Joshua Banda that according to discussions in various staff meetings at the Zambia High C...

FBZ in KR76 Million Profits

[Times of Zambia]FINANCE Bank Zambia (FBZ) recorded KR76.033 million profit in the fiscal year ending December 31, 2012 as it plans to list on the Lusaka Stock Exchange (LuSE) and international stock market by December 2014.

State Acts to Bridge Poverty Gap

[Times of Zambia]THE Government is working hard to bridge the gap between the rich and the poor in its effort to reduce poverty, Vice-President Guy Scott has said.

CEEC Grabs Ex – Kasama DC’s House

[Times of Zambia]THE Citizens Economic Empowerment Commission in Northern Province has repossessed a house belonging to former Kasama district commissioner Stephen Chanda for defaulting on his K250 million loan acquired from the institution.

Farewell Kangwa Mulenga

[Times of Zambia]WE the Times of Zambia staff have received with sadness and sorrow the sudden demise of our colleague and friend Kangwa Mulenga of Zambia Daily Mail.

Inflation Declines to 6.5 Percent

[Times of Zambia]ZAMBIA's inflation rate for this month has slowed down by 0.1 per cent to 6.5 per cent from 6.6 per cent in March, while the trade surplus has gone up to KR307.7 million.

Feira Polls Set for June 20

[Times of Zambia]THE Electoral Commission of Zambia (ECZ) has set June 20, 2013 as the date for by-elections in Feira Constituency and in 11 wards.

FAZ to Discipline Mumba

[Times of Zambia]THE Football Association of Zambia (FAZ) has said it will take disciplinary action against Zanaco coach, Keagan Mumba for putting the name of the game into disrepute.

Munaile Dragged to Court Over Rentals

[Times of Zambia]FORMER Malole member of Parliament (MP) Emmanuel Munaile has been taken to court for allegedly failing to pay house rentals amounting to KR30, 000.