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Posts published in “Day: February 5, 2024

K43.3bn from mining tax!

By CHATULA KANGALI – TAX payments from the mining sector rose by 11 per cent to K43.3 billion, according to the latest independently audited report from the Zambia Extractive Industries Transparency Initiative (ZEITI).The report indicates total revenues received by the Government from the mining sector rose to more than K43.3 billion in 2022, a significant […]

‘2023 budget performed well, credible’

By ANDREW MULENGA – THE Government has said the 2023 National Budget posted excellent performance as it remained credible in line with Parliament’s approval and executed with uttermost fiscal discipline.Secretary to the Treasury Felix Nkulukusa said there was a minimal deviation of 4.4 per cent from the approved budget thereby indicating that the 2023 national […]

Capital markets to bolster economy – Nkulukusa

By ANDREW MULENGA – THE Capital Market Master Plan (CMMP) will provide a roadmap for the capital markets to fulfill their function in bolstering the Zambian economy.Secretary to the Treasury Felix Nkulukusa said the CMMP would provide the blueprint for development of capital markets and contribute towards ensuring the smooth functioning of the financial system.This […]

ZAFFICO won’t sale pine this year

By KETRA KALUNGA – THE Zambia Forestry and Forestry Industry Corporation (ZAFFICO) will this year not sell pine round-wood due to a shortage of the stock in the country.ZAFFICO Public Relations Manager Ireen Chipili says the country has experienced a decline in the quantity of pine and the shortage would last for the next five […]

‘Kazungula Bridge Authority to enhance trade’

By KETRA KALUNGA – TRADE expert Windu Matoka has hailed the Government’s plan to construct the Kazungula Bridge Authority (KBA) in collaboration with Botswana as it will significantly enhance trade between the two countries and the region as a whole.Dr Matoka said the KBA would facilitate the smooth transportation of goods.He said in an interview […]

ZBF aids two affiliate members

By MWEMBE KAONA – THE Zambia Basketball Federation (ZBF) has come to the aid of two provincial associations with a K10, 000 performance based towards the implementation of the 2022 – 2026 strategic plan with a call for them to be an example to others.Luapula Province Basketball Association (LPBA) and Midlands Basketball Association (MBA) received […]

Kafuli to act as FAZ referee boss

By ELIAS CHIPEPO – THE Football Association of Zambia (FAZ) says former FIFA referee Derrick Kafuli emerged as an ideal candidate to fill up the position of referees’ manager given the delicate process of restoring the integrity of the refereeing space.Kafuli’s appointment as acting referees manager comes in the wake of the suspension slapped on […]

Zambia, TZ Reaffirm to Facilitate Cargo Transportation

[Daily News] DAR ES SALAAM: TANZANIA and Zambia have expressed commitment to jointly fast-track setting up of a centre within the Kwala Dry Port, in Coast Region, specifically for facilitating transit cargoes destined for the latter.

‘Zambia’ll win AFCON soon !’

By SHAMAOMA MUSONDA – FORMER Zambia coach Sven Vandenbroeck believes the Chipolopolo will win the Africa Cup of Nations (AFON) in a few years, as long as the current team and coach are maintained.Speaking in a special interview on a ZNBC programme at the weekend, the Belgian tactician said he was impressed with the team […]

Musokotwane to represent HH at Africa Mining Indaba

By JAMES KUNDA – FINANCE and National Planning Minister Situmbeko Musokotwane is in Cape Town, South Africa to represent President Hakainde Hichilema at this year’s Investing in Africa Mining Indaba which starts today.The event whose theme is “Embracing the power of positive disruption: A bold new future for African mining,” will run up to Thursday.Dr […]

Illegal miners attack Luanshya mine guards

By MAPULANGA LIBINGA – ABOUT 30 illegal miners have attacked two security guards at an open pit mine in Luanshya after they were denied entry.A group of miners invaded the premises and tried to force their way into Open Pit Seven but were denied entry by Cobra Security Company officers Kelvin Chipoka, 25, and Kelvin […]

Four Kitwe armed robbers gunned down

By SYLVIA MWEETWA – FOUR robbers linked to a spate of armed robberies in Kitwe between October last year and January have been gunned down after they stole K120,170 at a filling station.Copperbelt Police Commissioner Peace­well Mweemba said the robbers were trailed after an attack at a fill­ing station in Kawama Township around 02:00 hours […]

SADC leaders vow to eradicate cholera

By CHUSA SICHONE – SOUTHERN African Development Community (SADC) heads of State and Government have resolved to eradicate cholera in the region.The SADC heads of State and Government agreed to implement several measures for them to eradicate cholera in the region following a virtual extraordinary meeting held on Friday, during which President Hichilema was appointed […]

‘Zambia, China Exim Bank debt deal on track’

By CHRIS MFULA – ZAMBIAN officials went to China last week to discuss debt restructuring with representatives of the Export-Import Bank (EXIM) of China and some Chinese commercial banks, Secretary to the Treasury Felix Nkulukusa has said.Mr Nkulukusa said Zambia was on course to reach a new agreement after its official creditors, including China EXIM, […]

3,000 jobs sealed!

By CHUSA SICHONE – PRESIDENT Hakainde Hichilema has directed that the more than 3,000 volunteers engaged in the fight against cholera at all the treatment centres countrywide be employed in Government permanently.President Hichilema’s directive attracted all manner of wild celebrations, including tears of joy, among the volunteers, with Health Minister Sylvia Masebo briefly leaving the […]

Hichilema mourns ‘true friend’ Geingob

By CHUSA SICHONE and JAMES KUNDA – PRESIDENT Hakainde Hichilema is commiserating with the people of Namibia over the death of his counterpart, President Hage Geingob, saying Zambia as a nation has received the news with a sense of shock and sadness.The president made the sentiments during a tour of the Heroes Stadium National Cholera […]