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Posts published in “Day: September 27, 2023

AUSC Region 5 plots ahead

By SHAMAOMA MUSONDA – THREE Zambian cabinet ministers will this weekend grace the African Union Sports Council (AUSC) Region Five strategic plan review meeting in Livingstone as the region looks at life and opportunities post the COVID-19 pandemic.Sports Minister Elvis Nkandu, his Tourism counterpart Rodney Sikumba and Information Minister Cornelius Mweetwa, who is the outgoing […]

Why agriculture should get lion’s share of 2024 budget

ALL seems set for the presentation of the 2024 National Budget.Finance and National Planning minister Situmbeko Musokotwane is, for the third consecutive year, expected to present the budget to Parliament on Friday this week.Therefore, I have decided to pick one sector as my priority for this year because of the critical role it plays to […]

Access Bank launches inaugural women entrepreneurs empowerment initiative

By KETRA KALUNGA – ACCESS Bank has launched its first-ever women entrepreneurs empowerment initiative dubbed “WomenpreneurPitch-A-Ton”, a business pitch competition.Managing director Lishala Situmbeko said the competition was designed for female entrepreneurs with businesses in Zambia.Mr Situmbeko said during the launch yesterday that the competition would provide 25 finalists an opportunity to undergo a seven-week Mini […]

Bankers demand clear debt resolution roadmap

By ANDREW MULENGA – THE Bankers Association of Zambia (BAZ) expects the 2024 National Budget to put in place a clear debt resolution roadmap, with focus on economic stability and insights on the ongoing resolution efforts of Mopani Copper Mines (MCM).BAZ chief executive officer Leonard Mwanza says bankers are optimistic that the budget will clearly […]

EIB to support Zambia during debt restructuring

By KETRA KALUNGA – THE European Investment Bank (EIB) has pledged to support Zambia during its debt restructuring period.EIB Vice President Thomas Östros says as a multilateral development bank, the institution will this year be dispersing funds to Zambia in its continued efforts to support the economic development in agriculture, energy, water and sanitation and […]

2024 national Budget: Stakeholders’ expectations

By KENNEDY MUPESENI and CHATULA KANGALI – AS Finance Minister Situmbeko Musokotwane prepares to present the 2024 national budget on Friday, stakeholders are highly expectant about changes in key sectors of the economy to facilitate growth.Their submissions have been on the need for the Government to support mineral explorations, galvanising the upcoming manganese, gold and […]

Boys’ low participation in external exams irks Siakalima

By SHARON KALIMBULA – EDUCATION Minister Douglas Siakalima has expressed concern at the low number of boys that are participating in external examinations.And Mr Siakalima has also warned the teachers involved in examination malpractice that they will face stern action including dismissal from employment.He was speaking when he announced the release of the 2023 junior […]

MPs to declare assets periodically – Speaker

By JAMES KUNDA – SPEAKER of the National Assembly Nelly Mutti has announced that all Members of Parliament (MPs) are, with effect from this Friday, required to start periodic declaration of assets before the Chief Justice.This is in accordance with Section 10 of the Parliamentary and Ministerial Code of Conduct Act, Cap 16 of the […]

Kakubo addresses UNGA

By CHUSA SICHONE – FOREIGN Affairs and International Cooperation Minister Stanley Kakubo has addressed the 78th Session of the United Nations General Assembly (UNGA), with a call to international financial institutions and development banks to upscale concessional financing to least developed countries.Mr Kakubo said yesterday that the financing from the international financial institutions and development […]

Judiciary tackling cost of litigation – Judge

By PERPETUAL SICHIKWENKWE – THE Judiciary is working to building confidence among litigants by lessening the cost of litigation and delivering fair ruling and judgments.Chairperson of the Advisory Committee on Public Relations and Information Judge Palan Mulonda said that the judiciary had developed publications and brochures that would assist litigants to resolve cases out of […]

China stakes $1.3bn

By JOSEPH BANDA – CHINA Non-Ferrous Metals Mining Limited (CNFM) has pledged US$1.3 billion investment for the next five years to cater for its various operations in mining, science and education technology.CNFM group chairperson Xiao Shuxin yesterday told President Hakainde Hichilema that by the end of 2025, half of the $1.3 billion investment would have […]

Set up working committee to tackle Supreme Court hurdles – HH

By CHUSA SICHONE – PRESIDENT Hakainde Hichilema has directed that a working committee consisting of officials from Cabinet Office and the Judiciary be established to identify and resolve challenges in the Supreme Court for effective and efficient dispensation of justice.He said the challenges that the Supreme Court was facing could be addressed in the short, […]