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Posts tagged as “Zambia”

Zambia, officially the Republic of Zambia, is a landlocked, or more recently referred to as land connected, country at the crossroads of Central, Southern and East Africa. Its neighbours are the Democratic Republic of the Congo to the north, Tanzania to the north-east, Malawi to the east, Mozambique to the southeast, Zimbabwe and Botswana to the south, Namibia to the southwest, and Angola to the west. The capital city of Zambia is Lusaka, located in the south-central part of Zambia. The population is concentrated mainly around Lusaka in the south and the Copperbelt Province to the north, the core economic hubs of the country.

 

‘Copper price drop ‘blow’ to ZAM’

By KENNEDY MUPESENI-THE Zambia Association of Manufacturers (ZAM) has said the drop in copper prices to below US$ 8,000 per tonne in recent times is a major ‘blow’ to the manufacturing segment servicing the mining industry.The association also says changes in fuel pump to monthly price reveals from quarterly has continued causing instability in the […]

Stanbic, CFAO Motors ink 18p.c vehicle interest rate partnership drive

By MAIMBOLWA MULIKELELA-OVER K1.2 billion worth of financing for moveable assets in various sectors of the economy has been released by Stanbic Bank Zambia this year, as it partners with Toyota distributor CFAO Motors to introduce a scheme that will provide 18 per cent interest rate on vehicles.The financing has been channelled to the manufacturing, […]

NATSAVE, NHIMA ink deal

By DOROTHY CHISI –THE National Savings and Credit Bank (NATSAVE) and the National Health Insurance Management Authority (NHIMA) have implemented the National Health Insurance Scheme (NHIS) aimed at providing health insurance cover to all citizens, and established residents.NATSAVE chief executive officer Malcom Chabala said during the signing of a Memorandum of Understanding (MoU) in Lusaka […]

Sawmillers bemoan early closure of timber selling

By CHATULA KANGALI-THE early closure of timber selling by the Zambia Forest and Forestry Industries Corporation (ZAFFICO) will worsen the challenges that the sector is already facing.Zambia Forest and Sawmillers Association indicated that the timber business in the country is already facing challenges and the early closure will negatively affect the members.Association president Davies Kabamba […]

Unified Chemicals wants to set up $5m soya processing plant in Kapiri

By CHATULA KANGALI-UNIFIED Chemicals Zambia Limited has proposed to set up a soya processing company in Kapiri Mposhi District, Central Province at the cost of US$5 million.The company states that the establishment factory will help the country meet t...

Mwiimbu warns gays: You’ll be arrested

By CHUSA SICHONE-HOME Affairs and Internal Security Minister Jack Mwiimbu has warned that people engaging in homosexuality and sodomy in Zambia risk being arrested and prosecuted because such acts are criminal offences under the Penal Code.Mr Mwiimbu said in Parliament yesterday also that the country recorded 18 sodomy cases from January 1, 2022 to September […]

Factors behind high HIV cases among rural girls

THE saying by one scholar that, “we cannot always build the future for our youth, but we can build our youth for the future,” is timely.What was misunderstood as a disease for prostitutes some decades ago saw families put under a tremendous financial and emotional strain.Because there was no treatment or cure for HIV infection […]

‘Debt write-off calls OK’

By JAMES KUNDA-ACTION-AID Zambia says writing off Zambia’s external debt will give efficacy to the ongoing restructuring programme.On Friday, more than 100 economists and development experts called for asset manager BlackRock and other holders of Zambian bonds to cancel some of the country’s debt.Acton-Aid country coordinator Nalucha Ziba said in an interview in Lusaka yesterday […]

Met Dept forecasts sporadic rainfall in northern Zambia

By JAMES KUNDA-SPORADIC rainfall is expected in most parts of Zambia especially in the extreme northern parts of the country during the period September 18 to 23rd, the Zambia Meteorological Department has said.“This will be due to the Congo air boundary, with generally moist and unstable airflow from northwest which is expected to cover most […]

New US ambassador in

By CHUSA SICHONE-UNITED States (US) President Joe Biden has appointed Michael Gonzales as American Ambassador to Zambia, nearly three years after his predecessor Daniel Foote was recalled.Mr Foote was recalled in December 2019 following a demarche the then Patriotic Front Government to Washington on what had been viewed as the American Ambassador’s act of interference […]

Sodomy cases involving children worry Speaker

By CHUSA SICHONE-SPEAKER of the National Assembly Nelly Mutti says cases of sodomy involving children in Zambia are worrying and need immediate attention.In another development, Ms Mutti chased Mkushi South Member of Parliament (MP) Davies Chisopa for making running commentaries on anti-retroviral drugs (ARVs) when Health Minister Sylvia Masebo was about to respond to a […]

ZRA appoints three withholding Mineral Royalty agents

By MAIMBOLWA MULIKELELA-THE Zambia Revenue Authority (ZRA) has appointed three withholding Mineral Royalty Agents in an effort to increase tax compliance and revenue collection.This is pursuant to Section 84 of the Income Tax Act that allows the Commissioner General to appoint an agent for the payment of tax due by another person or partnership.ZRA acting […]