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Posts published in “Day: April 26, 2023

Moxico Provincial Government to Boost Cooperation With Zambia

[ANGOP] Mongu -- The governor of the eastern Moxico Province, Ernesto Muangala, expressed Monday in the city of Mongu, capital of the Western province of Zambia, interest to cooperate in the sectors of health, education, tourism, trade and agriculture ...

NAPSA partial withdrawal poised to spur economic growth

THE enactment of the National Pension Scheme Bill of 2023 into law, which allows beneficiaries to withdraw part of their pension, is expected to spur economic growth in Zambia.It is widely believed that the partial withdrawal of pensions by members of the National Pensions Scheme Authority (NAPSA) will enable beneficiaries re-invest their money into various […]

Review of economic restoration drive

ZAMBIA continued on its economic restoration path in the first quarter of 2023, with remarkable progress recorded on the price of copper, the country’s economic mainstay.Currently, copper is trading around $9,004 from $8 964 in December last year.The rise in copper prices on the international market has resulted in a positive performance on the Zambia’s […]

‘Capital markets record 3 p.c. growth’

By JAMES KUNDATHE Zambia capital market has demonstrated resilience in the first quarter of 2023, despite delays in concluding the country’s debt restructuring with creditors which negatively affected the expected flow of funds and investor perceptions on the credit rating.Speaking to journalists in Lusaka yesterday, Security and Exchange Commission (SEC) chief executive officer Phillip Chitalu […]

Support fisheries policy, Govt tells FAO

By KETRA KALUNGA in Mpulungu – THE Government has urged the Food and Agriculture Organisation (FAO) and its cooperating partners to support the National Fisheries and Aquaculture Policy and the implementation that was recently approved into its ...

Inaugural Construction Expo on

By CHATULA KANGALI – THE first-ever Construction Expo Zambia opens today with 80 exhibitors from the construction and building industry participating. The expo has been organised by Unicorp in partnership with government and sponsorship from Won...

10 criminals rounded up

By JOSEPH BANDA and ESTHER NG’ANDU – A GANG of 10 youths linked to various robberies in the capital has been arrested after police carried out an early morning operation on Monday.The gang members aged between 17 and 25 were arrested together with the leader identified as Maxwell Mwiilu, 21, of John Howard Township. Read […]

‘Katanga bought 10 buses worth over $1.4m’

By PERPETUAL SICHIKWENKWE – FORMER deputy Inspector General of Police Charity Katanga allegedly bought 10 buses from Higer Buses Company at a cost of more than US$1.4 million.

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Well done, Bishop tells Govt

SOLWEZI Catholic Diocese Bishop Charles Kasonde has hailed the Government for the strides made in transforming the economy of the country.Bishop Kasonde said the Government had put up many interventions that indicated the path to economic recovery and removed doubt in the minds of stakeholders about its resolve to better the lives of Zambians. Read […]

PF faces axe

By JOSEPH BANDA – THE Patriotic Front (PF) is in dissarray after a notice of deregistration by the Chief Registrar of Societies was issued.According to the notice, the former ruling party among other requirements has failed to provide a full and complete list of office bearers. Read more

Cops grill ex-DMMU boss Chanda Kabwe

By CHUSA SICHONE – POLICE in Lusaka have warned and cautioned former Disaster Management and Mitigation Unit (DMMU) national coordinator Chanda Kabwe for being in possession of a Toyota Hilux which is one of the properties under investigation as proceeds of crime.Read more

HH dates Zim

By CHUSA SICHONE – PRESIDENT Hakainde Hichilema is today expected in Zimbabwe to participate in the Sixth Edition of the Transform Africa Summit in Victoria Falls Town.During the summit, which will run up to Friday this week, Mr Hichilema is expected to attend a high-level meeting, joining other African Heads of State and Government, including […]

Magistrate’s court decision over Lusambo properties quashed

By PERPETUAL SICHIKWENKWE – A FULL bench of the Economic and Financial Crimes court, High Court Division has quashed the Lusaka magistrate court’s decision to set aside the warrant of seizure on three houses belonging to former Lusaka Province minister Bowman Lusambo. Read more

Kawana rebukes M’membe on ‘misplaced’ church comments

By JAMES KUNDATHE Government has dispelled assertions by Socialist Party leader Fred M’membe suggesting that it is interfering in the operations of the Catholic Church and some opposition political parties. Read more