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Posts published in “Day: March 10, 2023

Five SMEs in €6.5m windfall

By JAMES KUNDAFIVE local Small and Medium Enterprises (SMEs) in the agriculture sector have received a combined capital boost of €6.5 million through a financing programme by Zanaco and the European Investment Bank (EIB).

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CEC revenue rises by 9p.c. to $374m

By KENNEDY MUPESENI – THE Copperbelt Energy Corporation (CEC) Group’s 2022 revenue increased by nine per cent to $374.4 million from US$342.7 million in 2021.The group has attributed the surge in revenue to higher local power sales, wheeling sal...

Govt lauds Access bank over women tailored business products

By KETRA KALUNGA – THE government has applauded Access Bank’s deliberate initiative of having dedicated products tailored towards supporting women in business.Small and Medium Enterprises Development Permanent Secretary Yvonne Mpundu said the ba...

ZA acquires Boeing 737-800 for SA route

By CHATULA KANGALI – ZAMBIAN Airways has acquired an additional aircraft, Boeing 737-800, for its South African route.The local airliner has been granted a foreign operator permit by the South African government and was expected to commence sche...

‘Proposed Zesco tariffs will hurt businesses’

By CHUSA SICHONE – Some companies have said the proposed the 37 per cent tariff increment by Zesco will adversely affect their operations and may lead to job losses.

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Teacher arrested for raping G7 pupil

By PASSY HAACHIZOA teacher at Mashikili Primary School in Chibombo District has allegedly raped his grade seven pupil twice after a heavy drinking spree.

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Lubinda court case adjourned to April 24

By FELIX NKINKE –THE case in which former Agriculture Minister Given Lubinda is accused of being in possession of property reasonably suspected to be proceeds of crime was adjourned to allow the defence team to study the evidence submitted by the state witness. Read more

Lusambo has shares in 3 firms under ACC probe – Witness

By PERPETUAL SICHIKWENKWE – AN ASSISTANT Inspector at the Patent Companies and Registration Agency (PACRA) has told the Lusaka High Court that former Lusaka province Minister, Bowman Lusambo was a shareholder in three companies which the Anti-Corruption Commission (ACC) was investigating.Read more

Japan disburses $1.4m for charity projects in Zambia

By GEORGE SINKALA – THE Japanese Government has given grants worth US$ 1.4 million to three charity organisations working in Zambia to undertake health and education projects. Read more

Auditor General nabbed

By CHUSA SICHONE – THE Anti-Corruption Commission (ACC) has arrested and charged Auditor General Dick Sichembe for allegedly receiving payments of over K1 million for fictitious activities. Read more

New injectible ARVs coming

By CHATULA KANGALI – ZAMBIA is among five countries the United States government will support with procurement of long-acting injectable antiretroviral (ARVs) called Cabotegravir (CAB-LA) this year.

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Dr Nkanza to face separate trial in FTJ University case

By PERPETUAL SICHIKWENKWE – THE Lusaka Magistrate’s court has removed former ministry of Education permanent secretary, Patrick Nkanza from a matter in which former Secretary to the Treasury, Fredson Yamba and others are jointly charged with...

2 local suppliers get fetiliser tender

By FELIX NKINKE – GOVERNMENT has awarded a tender for the supply of D-Compound fertiliser to two local companies while the supply of top dressing will be open for both international and local suppliers. Read more

Govt releases K10.9bn for service delivery, debt servicing

By JOSEPH BANDA – THE Government last month released K10.9 billion to finance public service delivery and payment of domestic and external liabilities.Of this amount, K3.6 billion was released for the public service wage bill while K3.5 billion was to service for both domestic and external debt. Read more