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Posts published in “Day: February 21, 2024

Sharp Kwacha rise no surprise

BARELY a fortnight ago, when the value of the Kwacha seemed to have been heading to breach the psychological barrier of K30 per dollar, everyone, especially the highly partisan social media politicians, was talking foreign exchange (FOREX).All avid government critics predicted how the value of the Kwacha would degenerate and trade above K30 per dollar […]

More investment in fish industry to boost economy

DEFINED by experts as the breeding, raising, and harvesting of fish, shellfish and aquatic plants or simply farming in water, the aquaculture industry is crucial in creating a self-sustaining economy.The ‘song’ about Zambia having the most waters at 40 per cent in the Southern Africa Development Community (SADC) should be accompanied by sound investments in […]

‘Secure Broken Hill man site as tourist attraction’

By MUNAMBEZA MUWANEI – KABWE District Commissioner Lennox Shimwambwa says the town has the potential of becoming one of the country’s investment destinations in terms of tourism.Mr Shimwambwa said the two historic places, Mukuyu tree and the Broken Hill man site, which despite being monuments had not been secured and were currently in private hands.The […]

Kwacha to stabilise fuel cost – Indeni

By CHATULA KANGALI – INDENI Energy Company Limited has said the appreciation of the Kwacha will help reduce the cost of fuel importation into the country.Company Managing Director Evans Mauta said the Kwacha gain would work well on the company’s advantage as it embarked on the importation of fuel for resell.Mr Mauta said during a […]

Nomads lavish ZGU with K100, 000

By BENEDICT TEMBO – THE Nomads Golf Club Zambia lived up to its true calling of fundraising to support charitable causes by giving the Zambia Golf Union (ZGU) K100, 000 and 450 golf balls for junior golf development in the country.The Nomads’ defined aims and objectives include providing an opportunity for persons of all walks […]

We could have managed it better – Kamanga

By SANDRA MWILA – FOOTBALL Association of Zambia (FAZ) general secretary Reuben Kamanga has admitted that the association should have done better to manage expectations of people concerning the refurbishment of the four stadia using the FIFA funds.Kamanga said this yesterday when he appeared on Hot FM to shed light on the ongoing stadium rehabilitation […]

‘Qualification a must’

By SANDRA MWILA –ZAMBIA women’s team midfielder Ireen Lungu is confident a win away against Ghana in the Paris 2024 Olympic Games third round first leg qualifiers will be enough to see the team progress.Speaking in an interview before departure for Accra yesterday, Lungu said the pressure was to pick a win against Ghana whom […]

Katanga seeks bail pending appeal

By PERPETUAL SICHIKWENKWE – FORMER deputy Inspector General of Police Charity Katanga has asked the Lusaka Magistrate’s Court to grant her bail pending the determination of her appeal to the High Court.Katanga has informed Lusaka Chief Resident Magistrate Davies Chibwili that she intends to appeal against his decision to convict and sentence her to three […]

Govt explains steps taken for Kwacha gain

By CHUSA SICHONE SYLVIA MWEETWA and KELVIN MUDENDA – THE bullish trend displayed by the recent appreciation of the Kwacha against the United States dollar and a basket of other convertible currencies is a reflection of deliberate strides to strengthen the economy and promote sustainable growth and development by the Government.Acting Chief Government Spokesperson Brenda […]

Kazabu bashes UKA

By KELVIN MUDENDA – THE formation of the United Kwacha Alliance (UKA) is retrogressive and not in the best interest of ordinary Zambians, former Agriculture and Livestock minister Luxon Kazabu has charged.Speaking in an interview yesterday, Mr Kazabu who is also former Nkana Member of Parliament under the Michael Sata led Patriotic Front (PF) said […]

‘No declaration of national disaster without assessment’

By CHUSA SICHONE and JAMES KUNDA – THE Government will not declare the 2023/2024 farming season a national disaster because of the dry spell which has hit some parts of the country until a thorough assessment is conducted.And in a related development, Agriculture Minister Rueben Mtolo has reassured Parliament that the country remains food secure […]

Lungu’s ex-driver nabbed over drugs

By JULIUS PHIRI – FORMER President Edgar Lungu’s driver Juvensio Mathews Phiri has been arrested by the Drug Enforcement Commission (DEC) for trafficking in 50 kilogrammes of cannabis.Mr Phiri still serves as part of the security detail of the former head of State.And the DEC says that it is elated with Monday’s conviction of former […]

IG warns secessionists

By JOSEPH BANDA – THE Zambia Police Service will not tolerate but act swiftly and arrest any individual or group found issuing statements which border on treason or promote seccesionist ideals, Inspector General Graphael Musamba has warned.Mr Musamba said the police had noted with concern that certain individuals had been making statements that bordered on […]