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Posts published in “Day: December 14, 2023

Chingola residents weigh impact of Sensele disaster on economy

By JOWIT SALUSEKI – CHINGOLA, with its profusion of trees and flowers, is one of the most picturesque of Copperbelt towns.Founded in 1943, the town, which is synonymous with mining activities, is home to one of the biggest open-cast mines in Africa, the Konkola Copper Mines (KCM).Zambia Statistical Agency estimates from 2022 put Chingola’s population […]

Mwami-Mchinji border trade hits K80m

By JULIUS PHIRI – TRADE flows at Mwami/Mchinji One Stop Border Post (OSBP) have hit K80 million from K50 million recorded in January, this year.This has been attributed to reduction in the processing time of cross-border transactions at the border.Zambia Border Posts Upgrading Project (ZBPUP) Director, Simon Ng’ona says the concept of borders and their […]

EXIMBANK India eyes Zambia’s ‘massive’ economic potential

By JAMES MUYANWA in New Delhi, INDIA – ZAMBIA has been identified by the Export-Import Bank (EXIMBANK) of India as one of the 16 African countries with massive economic potential which the bank is targeting to support.The EXIMBANK of India has placed Zambia in category ‘B’ whose members have massive potential with no significant issues, […]

Atlas Mara dishes out K240,000 to Tenga clients

By JAMES KUNDA – ATLAS Mara bank Zambia has given out K120,000 to another 200 Tenga mobile money customers and express agents for the month of November.This is in a build up to another K120,000 given out to another 200 clients and agents in October.The bank’s Head of retail and digital banking Teza Ngulube told […]

Zambia-China trade in $6bn record value

By ANDREW MULENGA – THE Zambia-China two way trade has continued to register an upward growth, reaching a record value of $6.73 billion in 2022.Commerce, Trade and Industry Minister Chipoka Mulenga observed that this year, Chinese investments in Zambia’s mining sector had reached $1.5 billion.Mr Mulenga who was represented by Technology and Science Minister Felix […]

FAZ to deal with ‘logic-defying’ refs >calls – Kamanga

By RONALD CHAWE – THE Football Association of Zambia (FAZ) president Andrew Kamanga says his administration remains committed to preserving the integrity of the game through high-quality officiating.Speaking at the Video Assistant Referee (VAR) consultative workshop at Southern Sun Hotel yesterday, Kamanga said one way of achieving this is ramping up the training of officials […]

Grant calls 55

By RONALD CHAWE – AVRAM Grant seems to have opened the door for Africa Cup of Nations (AFCON) participation to Young Boys defender Miguel Chaiwa and the ‘out-of-favour’ duo of Aimé Mabika and Kennedy Musonda.The three are part of the 55-member provisional Zambia squad for the AFCON set for January in Ivory Coast with the […]

Juliet Nyika strikes gold at pool

By RONALD CHAWE – MINISTER of Sport Elvis Nkandu says Juliet Nyika is a true ambassador for pool and the country after she won a gold medal at the ongoing 2023 edition of the Queens International Tournament in Zimbabwe.In a congratulatory message, the Sports Minister said Nyika had represented Zambia by adding yet another gold […]

AU’s progress on financial institutions cheers Musokotwane

By JAMES KUNDA – FINANCE and National Planning Minister Situmbeko Musokotwane has lauded the continental progress made towards the establishment of African Union (AU) financial institutions.Dr Musokotwane said the progress scored so far included the adoption of the macroeconomic convergence criteria, to guide the move towards harmonisation of fiscal and monetary policies and convergence of […]

HH blasts ‘noisy’ opposition

By CHUSA SICHONEPRESIDENT Hakainde Hichilema says it is shameful that people that left Zambia with a disastrous debt mountain are the ones making the loudest noise, including critising his foreign trips which are for the good of the nation.President Hichilema said it was the same disgruntled individuals who were accusing him of loving imperialists and […]