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Posts published in “Day: June 7, 2024

‘PF left NRFA in K15bn debt’

By JAMES KUNDATHE former Patriotic Front (PF) regime left the National Road Fund Agency (NRFA) in a debt of more than K15 billion due to over procured road contracts.And the former PF regime also left a fuel procurement debt of more than US$800 million which the New Dawn administration inherited and had now managed to […]

Zambia, WB Group sign two grant agreements

By JAMES KUNDA – ZAMBIA and the World Bank Group have signed two grant agreements totaling US$257 million for energy development and girl child empowerment.The first agreement is on the National Energy Advancement and Transformation (NEAT) programme, amounting to $100 million and the second phase of the Girls’ Education and Women’s Empowerment and Livelihoods (GEWEL) […]

Govt acts to help people without income

By JOSEPH BANDA – THE Government has introduced public-works programmes to help people who have no jobs in urban areas and those who have lost crops due to drought in rural areas earn some income, Finance and National Planning Minister Situmbeko Musokotwane has said.He said to empower those who had no source of income, they […]

‘MSMEs capable of stabilising economy’

By ANDREW MULENGA – MICRO Small and Medium Enterprises (MSMEs) have huge potential to help in stabilising the country’s economy through partnerships, the Government has said.Small and Medium Enterprises Development Minister, Elias Mubanga said the SME sector was huge and accounted for almost 90 per cent of all businesses in the country thereby giving it […]

VAT refund delays worry manufacturers

By KETRA KALUNGA – THE Zambia Association of Manufacturers (ZAM) says delay in remitting the Value Added Tax (VAT) refunds has been a challenge for the manufacturing industry as it affects cash flow needed for re-investment.ZAM president Ashu Sagar said the sector was concerned that processing of VAT refunds was taking longer than expected.He said […]

HH to meet high- level US investors

By CHATULA KANGALI – PRESIDENT Hakainde Hichilema is today expected to meet a high-level delegation of investors for KoBold Metals from the United States of America (USA) to discuss the mining company’s investment in Zambia.The 10-official group led by KoBold’s co-founder and global Chief Executive Officer Kurt House was already in the country. Mines Minister […]

ZPL to introduce two more cup competitions next season

By RONALD CHAWE – THE Zambian Premier League (ZPL) will in the coming season introduce two more cup competitions to add to the already existing Absa Cup.The coming in of the ZPL Challenge Cup and the Champion of Champions, according to the ZPL is meant to increase competition in the league.In the season that kicks […]

Chipolopolo, Atlas Lions clash as Grants demands respect for Zambia

By RONALD CHAWE – CHIPOLOPOLO coach Avram Grant says his team deserves a lot more respect than it is getting ahead of this evening’s crucial 2026 World Cup qualifier against World Cup semi finalist Morocco.Speaking in a pre-match interview, yesterday, Grant said the Chipolopolo was bigger on the continent than it was looked at and […]

State House golf raises K2m!

By RONALD CHAWE – THE Association of Ministers’ Spouses (AOMS) yesterday raised over K2m from a State House golf tournament with the fundraising venture also boosted by President Hakainde Hichilema donating K200,000.And the President said the State House Golf Course was a public facility, maintained using taxpayers’ money and should be used by the public.According […]