[AIM] The chairperson of Mozambique's publicly owned electricity company, EDM, Marcelino Alberto, on 5 April announced that the Zambian government has paid off its debt of US$22 million to EDM.
Posts published in “Day: April 12, 2023”
By SANDRA MWILA – ATLASMARA acting managing director Bobbline Cheembela says the bank is happy to continue sponsoring Red Arrows Rugby Club.Cheembela said this yesterday after renewing the sponsorship deal worth K350, 000 that the bank was happy to continue supporting the club that has dominated the Zambia Rugby Union league for the last nine […]
By SANDRA MWILA – THE Mixed Martial Arts Zambia will stage an international promotion next month dubbed ‘Fist of Valor’ and will feature eight international fighters from South Africa and Zimbabwe at Lusaka Music Club.
By SANDRA MWILA –WEDSON Nyirenda says his ambition is to always win titles but will this time around set the primary target of finishing in the top 10 following his appointment as Zanaco interim head coach. Read more
By SANDRA MWILA – South Korea 5-0 ZambiaZAMBIA women’s team coach Bruce Mwape put up a brave face, saying there is enough time to work on the porous defence ahead of the World Cup after shipping in 10 goals in the two international friendly matc...
THAT is news any business can use, isn’t it! Enterprises celebrate modest cost cuts of 15 per cent even 10 per cent. Now, to cut two thirds of costs – that is such a huge game changer.That is news to put the competition on immediate life-support!Some two decades ago, as Zambia Chamber of Small & […]
THE change in foreign exchange (FOREX) rate is one of the most concrete of the economic fundamentals which is experienced even by lay people. The change in forex rate is as real as the change in the price of a given commodity and you do not need an economic expert to tell you whether it […]
TRADE in any country is critical because it promotes economic growth and raises the living standards of the people by enabling the provision of affordable goods and services.Increased trade for the country results in more jobs for the people thereby increasing revenue for the country and more importantly helps to improve the standards of living.It […]
By KENNEDY MUPESENI – ZANACO Plc and Workers Compensation Fund Control Board (WCFCB) have launched the e-workers platform that will enable digital remittance of workers’ benefits.Zanaco board member Oliver Saasa said during the launch at Kitwe’s Garden Court that the e-workers digital solution would be available via Zanaco’s payflexi platform. Read more
By KETRA KALUNGA – THE Common Market for Eastern and Southern Africa (COMESA) has launched a project on Regional Harmonisation of Regulatory Framework and Tools for Improved Electricity Regulation in the region with $1.5 million funding from the...
By CHATULA KANGALI – THE Lusaka South Multi Facility Economic Zone (LS-MFEZ) has approved 28 new investments, amounting to $263.73 million which is 31.86 percent above targeted investments for the year 2022.According to the 2022 report published last week about 17 of the investments are in manufacturing while another seven in agro processing, depicting the […]
By KENNEDY MUPESENI – THE Luapula Chamber of Commerce and Industry (LCCI) has said there is a need for heavy investments in mineral exploration and mapping to know the extent and volume of new minerals like sugilite. Read more
By CHATULA KANGALIA LOCAL cashew nut farmer has called for increased participation in the production of the crop to help the country grow the sector.Kanele Land Care Limited of Eastern Province says more farmers and stakeholders need to come on board in growing the cashew nuts value chain. Read more
By CHUSA SICHONE – ZAMBIA Army Commander Sitali Alibuzwi says there is need to increase mental health awareness amongst the troops in the defence force and their families to reduce mental health stress associated with the military. Read more
By ESTHER NG’ANDU – A FIRST-YEAR nursing student of Kalene Mission School in Ikeleng’i District has died after she was struck by lightning while another person she was with survived with injuries, while studying.North-Western Province Police Commanding officer Dennis Moola said the victims were out studying on Monday around 21:00 hours, during a heavy downpour […]
By CHUSA SICHONE – A SEVENTY-SIX-YEAR-OLD woman has died after a refuse truck bucket hit her while she rushed to collect garbage at Chingwere dumpsite area in Lusaka.Police deputy public relations officer Danny Mwale said Tikulileni Tembo, 76, of SOS near Chingwere turn-off, was among the garbage collectors who rushed to the truck while the […]
By CHUSA SICHONE and ESTHER NG’ANDU – FOURTEEN people died in 22 road traffic accidents recorded around the country over the Easter period.This indicates an increase in deaths by five and fatal accidents by 13 as nine persons died in nine fa...
By KELVIN MUDENDA – CHAINAMA Hills College Hospital senior medical superintendent Margret Chibowa says alcohol abuse remains the major contributor to cases of mental health disorder in the country.Annually the mental health institution spends K4...
By JOSEPH BANDA and MUSONDA MANGILASHI – PRESIDENT Hakainde Hichilema has announced that an emergency response has been activated to address the shortage of mealie-meal in some regions of the country.In a Facebook post yesterday, President Hichilema appealed to Zambians to uphold the interventions implemented by the Government and maintain lawful and orderly conduct. Read […]
By JAMES KUNDA – FINANCE and National Planning Minister Situmbeko Musokotwane has urged the World Bank Group to provide technical assistance for logical chain initiatives related to railway infrastructure through Public Private Partnerships (PPPs). Meanwhile, United States (US) Secretary of the Treasury Janet Yellen has re-echoed commitment to help Zambia succeed in the external debt […]