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Posts published in “Day: May 18, 2023

COMESA exports rise to $156bn

By TELLAH HAZINJI – THE value of Common Market for Eastern and Southern Africa (COMESA)’s total exports to the world increased by 56 per cent from US$100 billion in 2020 to $156 billion in 2021, COMESA has said.COMESA director of trade and customs Christopher O’nyango attributed the development to increases in the export of manufacturers, […]

BoZ increases monetary policy rate

By KETRA KALUNGA-THE Bank of Zambia (BoZ) Monetary Policy Committee (MPC) has raised the monetary policy rate by 25 basis points to 9.50 per cent. Read more

Absa finalists remain upbeat

By SANDRA MWILA –THE Absa Cup final has been rescheduled to next weekend with the two finalists Maestro United Zambia (MUZA) and Forest Rangers saying the deferment might be a blessing in disguise to give them ample time to adequately prepare.

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Zanaco Masters back! …top golfer Muthiya ready

By SANDRA MWILA-ZAMBIAN top golfer Madalisto Muthiya says he is not under pressure to win the R2.2 million (K2.1m) rich Zanaco Masters that tees off today at the Lusaka Golf Club with a field of around 140 golfers expected to fight for honour. Read more

Rigidities hindering intra-Africa trade should go

ON May 11, 2023, Invest Africa organised the Africa Debate aimed at catalysing Africa’s trade potential.Held at Guildhall, London in the United Kingdom, the Africa Debate was a powerful forum for connecting Africa and the rest of the world on the need for more engaged conversations about the continent’s trade.Despite ongoing global uncertainty, Africa finds […]

MoF dishes out whopping K11.4bn

By JAMES KUNDA-THE Government released K11.4 billion for developmental programmes and public service delivery, the ministry of Finance and National Planning has said.And Finance and National Planning Minister Situmbeko Musokotwane has called for consi...

Civil service induction exams coming

By JAMES KUNDA-THE Government plans to reintroduce induction examinations for serving and new civil service entrants.The examinations would cover serving directors, deputy permanent secretaries and permanent secretaries and those seeking jobs in the service. Read more

HICHILEMA’S PRESS CONFERENCE EXPECTATIONS

ON Thursday, April 27, 2023, exactly 21 days to the day, President Hakainde Hichilema publicly castigated some of his ministers and other senior Government officials for the sloppy execution of duties; he asked them to catalogue their work achievements since they were appointed in office.This was during a Presidential Delivery Unit (PDU) leadership workshop held […]

K280 for 50kg maize bag!

By FELIX NKINKE-THE Food Reserve Agency has announced an unprecedented K280 for a 50 kilogramme bag of white maize for this year’s crop marketing season.In the last marketing season, the FRA bought a 50 kilogramme bag of white maize at K180.

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‘TAZAMA Pipe rupture won’t affect diesel supply’

By CHUSA SICHONE-ENERGY Minister Peter Kapala has assured that the rupture and subsequent leakage on the TAZAMA Pipeline in Mbeya, Tanzania on Monday will not significantly impact the supply of low sulphur diesel to the Zambian market. Read more

I don’t own 51 properties -Musokotwane

By PERPETUAL SICHIKWENKWE-FINANCE and National Planning Minister, Situmbeko Musokotwane has told the court that he does not own the infamous 48 houses and has no relationship whatsoever with a Ministry of Finance senior accountant, Charles Loyana who is facing charges of being in possession of 51 houses in Chalala, Lusaka Read more

State committed to unifying all parts of Zambia -HH

PRESIDENT Hichilema has said his Government has a mandate to unify all the tribes in all the 10 provinces of Zambia irrespective of religion and political affiliation.He said this in Lusaka yesterday when Paramount Chief Chitimukulu of the Bemba people of Northern Province paid a courtesy call on him at Community House. Read more

COMESA summit to attract 21 heads of State

By CHUSA SICHONE- COMMERCE, Trade and Industry Minister Chipoka Mulenga says 21 Heads of State are expected to attend the 22nd Common Market for Eastern and Southern Africa (COMESA) Summit in Lusaka next month at which Zambia takes over as chairperson of the regional body.Read more