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Posts published in May 2024

‘FQM adds $727m to economy’

By CHATULA KANGALI – FIRST Quantum Minerals (FQM) contributed over $727 million to the Zambian economy in 2023.According to the company’s latest tax transparency and contributions to Government report, FQM made a total contribution of $727.8 million to the host economy in 2023.The report highlighted FQM’s contributions to the Zambian economy and local communities through […]

Inflation rises to 14.7 p.c. – ZAMSTAT

By ANDREW MULENGA – ZAMBIA’s annual inflation rate for May has risen to 14.7 per cent from 13.8-per cent recorded in April, 2024, the Zambia Statistics Agency (ZAMSTAT) has said.The agency said in its monthly bulletin for Zambia posted a K2.4-billion trade surplus for April this year.ZAMSTAT Statistician General Goodson Sinyenga said the increase in […]

CEC to boost renewable energy projects

By KENNEDY MUPESENI – THE Copperbelt Energy Corporation (CEC) says it will soon get back to the market to raise more funds to finance its renewable energy projects as a response to the current power deficits.In 2023, CEC Renewables announced its green bond programme resulting in successfully issuing and listing a $200-million green bond.So far […]

President Arrives in Zambia for Kaza Summit

[The Herald] Livingstone -- President Mnangagwa has arrived in Livingstone, Zambia,to attend the Kavango Zambezi (Kaza) Transfrontier Conservation Area (TFCA) Summit, where Zimbabwe is expected to assume the position of Kaza TFCA coordinating chair.

Syakalima calls for more investment in STEM capacity building

By EMILY KUWEMA – EDUCATION Minister Douglas Syakalima says there is a need to invest in capacity building to strengthen Science, Technology, Engineering and Mathematics (STEM) education in order to develop human capital in Africa.Mr Syakalima said STEM education had the capacity to enhance development in Zambia and Africa at large because it produced learners […]

Be self-reliant, HH tells ruling party

By SYLVIA MWEETWA and ESTHER NG’ANDU – PRESIDENT Hakainde Hichilema has restated his position not to abuse Government resources to sponsor United Party for National Development (UPND) programmes, saying that the party will continue to generate its own resources to fund activities.Mr Hichilema urged the UPND management team to think outside the box and find […]

UPND disowns unruly youths

By JOSEPH BANDA – THE United Party of National Development (UPND) has distanced itself from a group of individuals that allegedly besieged and insulted former President Edgar Lungu.This is when the former President escorted his wife Esther and children who had been summoned for interrogations by the Drug Enforcement Commission yesterday.Read more

Esther Lungu, daughter arrested

By CHUSA SICHONE – THE Drug Enforcement Commission (DEC) has jointly charged and arrested former First Lady Esther Lungu, her 33-year-old daughter Chiyeso Katete and a business associate on multiple charges of possession of properties suspected to be proceeds of crime. Chawama MP Tasila Lungu also faced similar charges, but did not report to the […]

Espionage!

By JOSEPH BANDA, SHARON KALIMBULA and PERPETUAL SICHIKWENKWE – POLICE in Lusaka have arrested and charged Lumezi Member of Parliament (MP) Munir Zulu, Mfuwe MP Maureen Mabonga, Forum for Democracy and Development (FDD) leader Edith Nawakwi and civil activist Brebner Changala with an additional offence of espionagePolice deputy public relations officer Danny Mwale said that […]

HH to defence, security wings: Help Zambia to pull together

By KELVIN MUDENDA – PRESIDENT Hakainde Hichilema has directed defence and security wings to enhance their course curriculum to include aspects of national unity.President Hichilema said officers in the defence and security wings should be well trained to be nationalists and never look at the person next to them from a prism of where they […]

East chiefs condemn tribalist MPs

By JULIUS PHIRI, EMILY KUWEMA and JAMES KUNDA – CHIEFS MNUKWA of the Ngoni speaking of Chipangali District and Mumbi of the Nsenga speaking people of Petauke have distanced themselves from rhetoric bordering on tribalism, incitement, division and ethnic hatred by parliamentarians who claim that they speak for the people of the Eastern Province. Read […]

Zambian Authorities Arrest Five On Espionage Charges

[VOA] Lusaka, Zambia -- Police in Zambia have arrested five people on espionage charges following their earlier allegations via social media that the government was involved in the apparent abduction of independent lawmaker Jay Jay Banda last week.

Beira Trade Corridor to Benefit Zambia

[Times of Zambia] EARLY this month Cabinet, chaired by President Hakainde Hichilema, sat and approved that Zambia signs and ratifies the Beira Development Corridor Agreement (BDCA).

Beira trade corridor to benefit Zambia

By FELIX NKINKE – EARLY this month Cabinet, chaired by President Hakainde Hichilema, sat and approved that Zambia signs and ratifies the Beira Development Corridor Agreement (BDCA).The BDCA is amongst the Democratic Republic of Congo (DRC), Malawi, Mozambique, Zimbabwe and Zambia.“It is in the interest of Cabinet for Zambia to sign and ratify the BDCA […]

Bondholders’ vote on debt restructuring deal shows confidence in New Dawn – expert

By ANDREW MULENGA – AN economic expert says the overwhelming vote by bondholders in favour of the proposed restructuring deal for Zambia is a vote of confidence the international community has in the Government to revive the economy.Michelo Maunga said that bondholders would not have voted in favour of the proposed restructuring deal if they […]

Sinozam college to boost mineral production – MUZ

By CHATULA KANGALI – THE Mine Workers Union of Zambia (MUZ) says the Sinozam College of Science and Technology will provide skills needed by the mining sector for the country to achieve three-million-tonne copper production per annum.MUZ president Joseph Chewe said in an interview that Zambia was grappling with 800 tonnes of copper production due […]

CEC embraces drone technology in power installation inspections

By KENNEDY MUPESENI – COPPERBELT Energy Corporation (CEC) has introduced drone technology as part of its automation drive in power installation inspections.CEC drone pilot Kamangu Mayeti said this was helping to easily check faults to identify areas that need maintenance and replacements.“Using the fixed wing aircraft, the energy company can inspect its transmission,” Mr Mayeti […]

Copper output up 24 p.c.

By KENNEDY MUPESENI – ZAMBIA seems set to ramp up copper production this year and posted a 24-per cent rise in the first quarter of this year amid increasing prices on the world marketMines and Minerals Development Permanent Secretary Hapenga Kabeta says this is despite the power supply hurdles facing the country.Dr Kabeta said in […]

‘Create safe spaces for athletes’

By SHAMAOMA MUSONDA – THE row between striker Fashion Sakala and Chipolopolo coach Avram Grant over alleged favouritism in national team player selection is an opportunity to fully implement the safeguarding measures, a trained safeguarding officer says.According to Zambian Clean Sports Ambassador Nchimunya Mweetwa, who is also an International Olympics Committee (IOC)-trained safeguarding officer, said […]

Tayengwa stakes car for Kabwata Pool tourney

By RONALD CHAWE – KABWATA Member of Parliament (MP) Andrew Tayengwa plans to spend more than K250, 000 on the 2024 Kabwata Pool Tournament set for next month in Kabwata Constituency.The tournament, which will see the champion drive away in a Toyota Allex as the first prize, will run from June 1 to 29 at […]