Liquidity to tighten further after Govt directive to mop K14 billion from banks Liquidity conditions for banks and in effect funds available for onward lending to local businesses and individuals is expected to further shrink and is now threatening profitability of the industry after a directive from the ministry of finance. According to memos seen… Continue reading Liquidity to tighten further after Govt directive to mop K14 billion from banks
Author: zambianstreets
DEC CLOSES IN ON NOTORIOUS DRUG KINGPIN AND TRAFFICKING ROUTES
DEC CLOSES IN ON NOTORIOUS DRUG KINGPIN AND TRAFFICKING ROUTES The Drug Enforcement Commission has successfully shut down a notorious drug lord who was recognized for supplying illicit substances in Chibolya Compound and other areas notorious for drug activities in Lusaka. The arrest follows a highly sophisticated operation conducted by the DEC’s Intelligence team from… Continue reading DEC CLOSES IN ON NOTORIOUS DRUG KINGPIN AND TRAFFICKING ROUTES
“Kanye West is smarter than you all think” -Akon
“Kanye West is smarter than you all think.” Akon “I’m always defending Kanye West because I believe that in life, an opinion is just an opinion. If Kanye West says something that I don’t agree with, I don’t just agree with. There are people who don’t know how powerful their opinion is and that’s why… Continue reading “Kanye West is smarter than you all think” -Akon
HENRY KAPATA SHEDS LIGHT ON THE PIVOTAL INSIGHTS SHARED BY DR MUSOKOTEANE AT A SYMPOSIUM
HENRY KAPATA SHEDS LIGHT ON THE PIVOTAL INSIGHTS SHARED BY DR MUSOKOTEANE AT A SYMPOSIUM Hello, Just in case you missed it, yesterday, the Minister of Finance and National Planning Dr. Situmbeko Musokotwane shared pivotal insights during the Symposium on 2023 Economic Performance and 2024 Budget and Economic Outlook. Here’s a glimpse: ✅ 2023 Economic… Continue reading HENRY KAPATA SHEDS LIGHT ON THE PIVOTAL INSIGHTS SHARED BY DR MUSOKOTEANE AT A SYMPOSIUM
MICROLINK BUYS ROBOT TO HELP RESCUE TRAPPED MINERS IN FLOODED MINE
MICROLINK BUYS ROBOT TO HELP RESCUE TRAPPED MINERS IN FLOODED MINE Management at Macrolink Mine has disclosed that a South African company Hill International has been engaged to provide a robot that will be used to search and possibly retrieve the seven trapped miners. MACRO Link Mine Mining Manager JOSEPH Manyepa said the recent initiative… Continue reading MICROLINK BUYS ROBOT TO HELP RESCUE TRAPPED MINERS IN FLOODED MINE
35 YEAR OLD MAN DIES IN A ROAD ACCIDENT IN KALUMBILA
35 YEAR OLD MAN DIES IN A ROAD ACCIDENT IN KALUMBILA A 35 year old man of Manyama area in Kalumbila District has died on the spot after being hit by a vehicle. Northwestern Province Police Commanding Officer, Dennis Moola said the incident happened on 1st February, 2024 aroun 22:45 hours and identified the deceased… Continue reading 35 YEAR OLD MAN DIES IN A ROAD ACCIDENT IN KALUMBILA
KUKU YOUTH IN COURT FOR BITING FRIENDS LIP
KUKU YOUTH IN COURT FOR BITING FRIENDS LIP A YOUTH of Lusaka’s Kuku has been taken to court for allegedly biting off her neighbour’s lower lip during a scuffle, during which the suspect was stripped naked. This is in a case 25-year-old Given Mulenga, a packer, is charged with grievous bodily harm. On October 14… Continue reading KUKU YOUTH IN COURT FOR BITING FRIENDS LIP
MULONGA CHIEFDOM IN MUSHINDANO DISTRICT GETS 4G NETWORK
MULONGA CHIEFDOM IN MUSHINDANO DISTRICT GETS 4G NETWORK Mulonga Chiefdom breaks into song as phones sing a new tune: 4G arrives! IN the heart of Northwestern Zambia, Mushindamo District, a digital chorus erupted from the Lamba land of Chief Mulonga due to an upgrade in mobile network yesterday. Women ululated, songs of praise filled the… Continue reading MULONGA CHIEFDOM IN MUSHINDANO DISTRICT GETS 4G NETWORK
NO GMO WILL BE OFFLOADED ON ZAMBIAN MARKET – LUFUMA
NO GMO WILL BE OFFLOADED ON ZAMBIAN MARKET – LUFUMA DEFENSE Minister Ambrose Lufuma has disclosed that Government will prioritize the welfare of the Zambian people by ensuring that no genetically modified organisms-GMO mealie meal is offloaded on the Zambia market. Addressing the Media on Thursday afternoon after a tour of the Kazungula Border, Lufuma… Continue reading NO GMO WILL BE OFFLOADED ON ZAMBIAN MARKET – LUFUMA
MINISTRY OF EDUCATION LAB ASSISTANT ARRESTED FOR CORRUPTION
MINISTRY OF EDUCATION LAB ASSISTANT ARRESTED FOR CORRUPTION The Anti – Corruption Commission has arrested Ministry of Education Laboratory Assistant at David Kaunda Secondary School for corrupt practices. Simon Moyo, 30, of Ndalama Village 10 Miles in Chibombo District has been charged with one (1) count of Obtaining Registration by False Pretense, three (3) counts… Continue reading MINISTRY OF EDUCATION LAB ASSISTANT ARRESTED FOR CORRUPTION