Zambian kwacha is the worst-performing currency in Africa

Zambian kwacha is the worst-performing currency in Africa According to a Bloomberg report, the Zambian kwacha has been identified as Africa’s worst-performing currency in 2024. In June, the kwacha hit a record low, trading at 26.4698 per dollar. It has continued to depreciate since then hitting another record low of K28.4 Key factors contributing to… Continue reading Zambian kwacha is the worst-performing currency in Africa

SAMPA USED HICHILEMA’S NAME TO DUPE ME, JAPANESE BUSINESSMAN TELLS COURT

SAMPA USED HICHILEMA’S NAME TO DUPE ME, JAPANESE BUSINESSMAN TELLS COURT A JAPANESE businessman has narrated how Kelvin Sampa projected himself as a highly politically connected person before duping him off his $80,000. Satoshi Sakamoto aged 62 told the Lusaka Magistrates Court that the former Kasama Central lawmaker told him that he was President Hakainde… Continue reading SAMPA USED HICHILEMA’S NAME TO DUPE ME, JAPANESE BUSINESSMAN TELLS COURT

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WE STAND READY TO DEFEND OURSELVES, WE WILL NOT ALLOW LEVY NGOMA TO CAUSE MAYHEM IN PETAUKE- NAKACINDA

WE STAND READY TO DEFEND OURSELVES, WE WILL NOT ALLOW LEVY NGOMA TO CAUSE MAYHEM IN PETAUKE- NAKACINDA Patriotic Front PF Secretary General Hon. Raphael Nakacinda has sternly warned Hakainde Hichilema’s embattled Political Advisor Levy Ngoma against propagating violence in Petauke Constituency as the people prepare to cast the vote on Thursday 6th of February… Continue reading WE STAND READY TO DEFEND OURSELVES, WE WILL NOT ALLOW LEVY NGOMA TO CAUSE MAYHEM IN PETAUKE- NAKACINDA

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PASTOR’S IMPRISONMENT SPARKS OUTCRY OVER FREEDOM OF SPEECH IN ZAMBIA

PASTOR’S IMPRISONMENT SPARKS OUTCRY OVER FREEDOM OF SPEECH IN ZAMBIA …as Dr M’membe questions government’s intolerance toward criticism Kitwe… Wednesday February 5, 2025 The recent arrest and imprisonment of Pastor Duncan Daniel Simuchimba has sparked widespread concern over what critics are calling an erosion of freedom of speech under Zambia’s current administration.  According to a… Continue reading PASTOR’S IMPRISONMENT SPARKS OUTCRY OVER FREEDOM OF SPEECH IN ZAMBIA

DEC refutes Nakacinda’s allegations of receiving instructions from Hichilema to raid Lungu’s residence

DEC refutes Nakacinda’s allegations of receiving instructions from Hichilema to raid Lungu’s residence LIKE Pontius Pilate in the Bible, the Drug Enforcement Commission (DEC) has washed off its ‘hands’ taking huge strides backwards from PF faction leader, Raphael Nakacinda’s allegations of them receiving instructions from President Hakainde Hichilema to raid former president Edgar Lungu’s residence.… Continue reading DEC refutes Nakacinda’s allegations of receiving instructions from Hichilema to raid Lungu’s residence

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Zambia Imports 550MW, Exports Only 80MW – Energy Minister

Zambia Imports 550MW, Exports Only 80MW – Energy Minister ENERGY Minister Makozo Chikote has revealed that Zambia is currently importing approximately 550 megawatts (MW) of electricity while exporting only 80MW. Speaking on Diamond TV on Monday, Chikote explained that the imports were sourced through the Southern African Power Pool, mainly from South Africa, Zimbabwe, and… Continue reading Zambia Imports 550MW, Exports Only 80MW – Energy Minister

US INSTRUCTS IT’S CITIZENS TO LEAVE DRC

US INSTRUCTS IT’S CITIZENS TO LEAVE DRC …Halts Visa Procession Travel Advisory Level 4-Do not Travel Security Alert: Kinshasa, Democratic Republic of the Congo Location: Kinshasa Democratic Republic of the Congo (DRC) 3 February 2025 Event: The U.S. Embassy in Kinshasa is further reducing the number of U.S. personnel working in the Embassy. The Embassy… Continue reading US INSTRUCTS IT’S CITIZENS TO LEAVE DRC

FUGITIVE FORMER PETAUKE CENTRAL MP GOES LIVE ON FACEBOOK

FUGITIVE FORMER PETAUKE CENTRAL MP GOES LIVE ON FACEBOOK Fugitive former Petauke Central MP, Emmanuel Jay Banda, has gone live on his Facebook page, months after his disappearance. Mr. Banda, who lost his parliamentary seat in 2024 due to his absence, announced a live stream scheduled for February 4, 2025, at 11:00 AM, where he… Continue reading FUGITIVE FORMER PETAUKE CENTRAL MP GOES LIVE ON FACEBOOK

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Former FIC Clerk Jailed for Fraud and Theft

Former FIC Clerk Jailed for Fraud and TheftLUSAKA – The National Prosecution Authority (NPA), through its Taxation and Financial Crimes Department, has secured the conviction of Eric Mubaka Ndhlovu, a former clerk at the Financial Intelligence Centre (FIC), who has been sentenced for his role in a fraudulent scheme that saw him steal K108,000.00 from… Continue reading Former FIC Clerk Jailed for Fraud and Theft