Government has unveiled a record-breaking K86.8 billion national budget next year expected to be supported by increased tax revenues amounting to K47 billion, nearly K6 billion more than last year’s budget. And government has made significant changes to the mining fiscal regime, which will see an increase in mineral royalty rates by 1.5 percentage points...
Former president Rupiah Banda says as a loyal member of the MMD, he wishes that the party excels in its endeavor to return into power, but adds that he has no ambitions of ruling Zambia again, owing to his age. The 82-year-old who lost power to Michael Sata’s PF exactly seven years ago, says although...
The Patriotic Front has indeed put more money in people’s pockets as can be seen from the value of properties in Zambia going up as a result of tarred roads, says Southern Province Minister Edify Hamukale. And Hamukale has lamented that both agriculture and livestock production in Namwala District has been affected because senior politicians...
The Lusaka Magistrates’ Court has convicted and sentenced a Zambia Police officer to six months’ imprisonment with hard labour for corrupt practices involving K5,000. According to a statement issued by Anti-Corruption Commission (ACC) public relations manager Timothy Moono, Thursday, Akayombokwa Siyomunji, 36, of Lusaka West, was arrested by the ACC in May, 2015, and charged...
Indo-Zambia Bank (IZB) Limited has dragged Thornhill Boarding and Day School to court for failing to remit over K400,000 to the bank, being monies collected by the school after deducting loan repayments from its borrowing employees. In a statement of claim filed in the Lusaka High Court, Tuesday, the bank stated that on January 5,...
The Lusaka Magistrates’ Court has refused to grant bail pending appeal to Hendricks Nyambe, a man who is accused of swindling ADD leader Charles Milupi in a maize transaction. Nyambe, who is charged with theft was initially on a K30,000 bail but jumping without any proper explanation to the court. In this matter, it is...
Financial Intelligence Centre (FIC) Director General Mary Chirwa Tshuma has again filed a petition in the Lusaka High Court to dissolve her marriage with her husband Kudakwashe Tshuma, a pastor of Beam of Hope International Ministries, saying he has behaved in such a way that she can no longer live with him. In May this...
The Stanbic Musical Festival enters its fifth year next weekend with two American R&B musicians Joseph Lewis Thomas a.k.a Joe and Brian McKnight live in Zambia. And MTN Zambia has partnered with Stanbic Bank by sponsoring the festival with support valued at K360,000 that includes the MTN’s state-of-the-art mobile satellite. Joe and Brian McKnight became...
The National Democratic Congress (NDC) has asked its party functionaries in Lusaka to join the nine Civil Society Organisations (CSOs) expected to protest against the mismanagement of public resources by government today. On September 24, a group of CSOs, led by Miti gave notice to the police for a peaceful demonstration at Parliament on September...