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Posts published in “Day: June 30, 2023

Domestic bondholders assured

By KETRA KALUNGA – FINANCE and National Development Minister Situmbeko Musokotwane has said that domestic bonds are not part of stock bonds to be restructured under the debt restructuring agreement.

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Inflation drops

By ANDREW MULENGA – ZAMBIA has recorded a reduction in the annual inflation rate for June 2023 to 9.8 per cent from the 9.9 per cent posted in May. Zambia Statistics Agency (ZAMSTAT) statistician general Mulenga Musepa said on average, prices of goods and services increased by 9.8 per cent between June 2022 and June […]

Amos Chanda opts to remain silent

By PERPETUAL SICHIKWENKWE – FORMER Press Aide to former President Edgar Lungu, Amos Chanda has opted to remain silent in a matter he is jointly charged with his wife and sister-in-law with three counts of using insulting language and obstructing Anti- Corruption Commission (ACC) officers.Read more

Three criminals gunned down in Kitwe

By ESTHER NG’ANDU – THREE criminals among them an ex-convict, have been shot dead in Kitwe after they broke into a warehouse where they attacked and tied two security guards with ropes.Copperbelt Province Police Commanding Officer Peacewell Mweemba said the anti-robbery squad received a tip off that unknown criminals had broken into the Console Rite […]

‘Decisive steps helped in debt restucturing’

By JAMES KUNDA – DECISIVE steps such as the removal of fuel subsidies contributed to the decision by bilateral creditors to restructure the country’s US$6.3 billion debt, Finance and National Planning Minister Situmbeko Musokotwane has revealed.And Secretary to the Treasury Felix Nkulukusa has said Zambia was on the brink of being sued by external debt […]

We’re delivering – HH

By CHUSA SICHONE – PRESIDENT Hakainde Hichilema says the United Party for National Development (UPND) Administration is delivering on promises it made when it was still in the opposition, less than 24 months into its first five year term in government.President Hichilema cited some of the major successes scored so far as the increase in […]

Over 5 million litres of petrol roll in

By JAMES KUNDA – MORE than five million litres of petrol rolled into the country yesterday to stabilise supply of the commodity in parts of the country experiencing shortages.Energy Minister Peter Kapala informed Parliament in a ministerial statement that this was in addition to 700,000 litres of petrol offloaded by Indeni Energies Limited in Ndola, […]

Abductors get 800 years …As rights groups laud verdict

By PERPETUAL SICHIKWENKWE – THE Lusaka High Court has sentenced two men to a combined over 800 years imprisonment with hard labour for repeatedly raping a pregnant woman and 12 others who they abducted confined and subjected to various traumatizing lewd acts for seven months in 2022. Read more