ZAMBIA RECORDS 45.09 PER CENT RISE IN TOTAL SAVINGS WITHIN CAPITAL MARKETS IN THIRD QUARTER OF 2024

ZAMBIA RECORDS 45.09 PER CENT RISE IN TOTAL SAVINGS WITHIN CAPITAL MARKETS IN THIRD QUARTER OF 2024 The Securities Exchange Commission (SEC) has recorded a 45.09 per cent increase in total savings within Zambia’s capital markets during the third quarter of 2024, with total savings reaching K171.9 billion by the end of September. Here are… Continue reading ZAMBIA RECORDS 45.09 PER CENT RISE IN TOTAL SAVINGS WITHIN CAPITAL MARKETS IN THIRD QUARTER OF 2024

Facing the dangers of abuse of compulsory acquisition in Zambia

Facing the dangers of abuse of compulsory acquisition in Zambia By Wazika Maseko A highly perceptive colleague of mine once warned me about trusting wholly in the stated intentions of teenage children asking for spending money. He summed it up by saying, when a child asks you for money to buy a book, you can… Continue reading Facing the dangers of abuse of compulsory acquisition in Zambia

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ZAMBIANS ARE FATIGUED WITH LIES – CHIINDA

ZAMBIANS ARE FATIGUED WITH LIES – CHIINDA By Francis Chipalo PROMINENT Lusaka businessman Chrispin Chiinda says Zambians have been fatigued with the “sweet talk” from government as the cost of living continues going high. Chiinda says the rhetoric from government is too much and not helping the situation in the country generally. He however says… Continue reading ZAMBIANS ARE FATIGUED WITH LIES – CHIINDA

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PHIRI FAILS TO EXPLAIN ILLEGAL AMBULANCE PROCUREMENT

PHIRI FAILS TO EXPLAIN ILLEGAL AMBULANCE PROCUREMENT Ministry of Local Government and Rural Development, Permanent Secretary in charge of Technical Services, Nicholas Phiri has failed to explain the $13million illegal procurement of ambulances under CDF. The PS and ZMMSA procured a pharmacy from Garden Compound to import the ambulances and refused to use Toyota Zambia.… Continue reading PHIRI FAILS TO EXPLAIN ILLEGAL AMBULANCE PROCUREMENT

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A PHARMACY IN GARDEN COMPOUND CAN SUPPLY $13MILLION WORTH OF AMBULANCES-THABO KAWANA

THABO KAWANA, PERMANENT SECRETARY, MINISTRY OF INFORMATION AND MEDIA, ON THE PROCUREMENT AND DELIVERY OF CONSTITUENCY DEVELOPMENT FUND (CDF) AMBULANCES Government wishes to respond to the concern raised by the Public Accounts Committee (PAC), to the effect that one of the companies contracted to supply half of the 156 ambulances under CDF is a pharmacy… Continue reading A PHARMACY IN GARDEN COMPOUND CAN SUPPLY $13MILLION WORTH OF AMBULANCES-THABO KAWANA

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UNCLE T RESIGNS FROM THE SOCIALIST PARTY AND ACTIVE POLITICS

UNCLE T RESIGNS FROM THE SOCIALIST PARTY AND ACTIVE POLITICS Trevor Ng’andu, popularly known as “Uncle T,” and the Socialist Party’s candidate in the 2022 Kabwata by-election, has announced his resignation from both the party and active politics. In a letter addressed to the Socialist Party Secretary General and dated 22 November 2024, Mr. Ng’andu… Continue reading UNCLE T RESIGNS FROM THE SOCIALIST PARTY AND ACTIVE POLITICS

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DEMANDING CLARITY FROM GOVT IS NOT SEDITIOUS PRACTICE, STATE HOUSE TELLS COURT

DEMANDING CLARITY FROM GOVT IS NOT SEDITIOUS PRACTICE, STATE HOUSE TELLS COURT ….President Hichilema did it while in opposition says Hamasaka Lusaka… Thursday November 28,2024 STATE HOUSE has told the Lusaka Magistrates Court that there is nothing seditious about an opposition leader seeking clarity from government on serious allegations flying around in international media. Chief… Continue reading DEMANDING CLARITY FROM GOVT IS NOT SEDITIOUS PRACTICE, STATE HOUSE TELLS COURT

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Mining Sector: $500million stolen in 2024 alone

Mining Sector: $500million stolen in 2024 alone US Ambassador to Zambia Michael C. Gonzales expressed concerns about corruption in Zambia’s mining sector during the Transparency International Zambia 2024 Anti-Corruption Conference. Gonzales emphasized the need for transparency and accountability, citing an estimated $500 million lost to illicit financial flows in the mining sector during the first… Continue reading Mining Sector: $500million stolen in 2024 alone

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SOMEONE PLEASE WHISPER TO BA EDGAR LUNGU: NATIONWIDE POWER BLACKOUTS ARE NOT UNIQUE TO ZAMBIA

SOMEONE PLEASE WHISPER TO BA EDGAR LUNGU: NATIONWIDE POWER BLACKOUTS ARE NOT UNIQUE TO ZAMBIA By Clayson HamasakaChief Communications Specialist, State House Former President Edgar Lungu recently released a lengthy statement criticizing President Hakainde Hichilema over the nationwide power blackout that occurred on Sunday evening during a heavy rainstorm. However, it is important to note… Continue reading SOMEONE PLEASE WHISPER TO BA EDGAR LUNGU: NATIONWIDE POWER BLACKOUTS ARE NOT UNIQUE TO ZAMBIA

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HICHILEMA’S HYPOCRISY ON WOMEN REPRESENTATION – M’membe

HICHILEMA’S HYPOCRISY ON WOMEN REPRESENTATION It is clear that Mr Hakainde Hichilema has remained adamant about changing the Constitution before the 2026 elections. Officiating at the 16 Days of Activism Against Gender Based Violence (GBV) at Lusaka’s Mulungushi International Conference Centre yesterday, Mr Hichilema claimed that if the country continued with the current electoral processes,… Continue reading HICHILEMA’S HYPOCRISY ON WOMEN REPRESENTATION – M’membe