Finance Minister Margaret Mwanakatwe says she is targeting to secure an International Monetary Fund (IMF) economic bailout package by the end of this year. According to Bloomberg, Mwanakatwe made the remarks on the side-lines of the ongoing 25th Mining Indaba in Cape Town, South Africa, where she attended alongside several other government officials. “I would...

The kwacha has depreciated against the South African rand to breach the K0.90 per rand for the first time since November, 2015. And financial market analyst Mambo Hamaundu says the kwacha’s depreciation against the rand will lead to further increases in the cost of goods and services in Zambia, given that South Africa is the...

NAREP president Elias Chipimo says whenever a high profile person is implicated in corruption, it is always clear that they do so with the blessings of very senior people. Commenting on the arrest of Housing and Infrastructure Development Minister Ronald Chitotela by the Anti-Corruption Commission (ACC), Chipimo said it was likely that Chitotela would not...

A 30-year-old businessman has been dragged to court for obtaining K25,000 cash from a woman by falsely pretending that he would multiply it when in fact not. In this matter, Raymond Businge is charged with one count of obtaining money by false pretences, contrary to section 309 of the penal code chapter 87 of the...

University of Zambia (UNZA) Vice Chancellor Professor Luke Mumba says lecturers will be paid their January salaries by today. Early this week, UNZA professional unions issued a joint statement complaining about delayed payments at the institution and warning of anarchy. But in an interview, Prof Mumba said efficiency in paying lecturers’ salaries was dependent upon...

Zambia National Students Union (ZANASU) president Misheck Kakonde has vowed to fight Minister of Higher Education Professor Nkandu Luo's decision to terminate payment of meal allowances to students, even if it means taking the matter to court. In a statement, Thursday, Kakonde wondered why the decision was made without seeking Parliament approval. Kakonde stated that...

UPND mines and mineral development chairman Percy Chanda says the UPND government will undertake a major tax policy and administration reform that will bring various stakeholders on board to design a good tax administration system which can stand the test of time. And Chanda says the nine times that government has changed the mining fiscal...

NDC secretary general Mwenya Musenge says the NDC government will construct fuel depots in all districts and ensure that the country has adequate stocks so that it is protected from price changes of crude oil on the international market. And Musenge says the NDC government will recapitalize Ndola-based Indeni Petroleum Refinery with new technology to...

A Drug Enforcement Commission (DEC) assistance investigations officer has told the Lusaka Magistrates’ Court that she arrested a woman at Kenneth Kaunda International Airport (KKIA) who had 68 tins of ephedrine concealed in two bags labelled rice flour. Rosalin Hameja further told the court that Beatrice Saili lied when she testified that DEC apprehended her...

University of Zambia (UNZA) Media and Communication Studies lecturer Brenda Bukowa says the Independent Broadcasting Authority's decision to suspend Zambezi Magic's Lusaka Hustle show was premature. In a statement, Bukowa stated that just because Kuni wore make up was not proof that he was gay. “To begin with, let me state that I feel that...

Zambezi Portland Cement (ZPC) management has noted the shareholding verdict by the Court of Appeal, but will only comply with the decision if Finsbury Investments Limited fulfils the main condition of paying the K580 million as ruled by the court. Last Thursday, the Court of Appeal stated that for Dr Rajan Mahtani to validate his...

Former FAZ executive member Blackwell Siwale has sued the FA demanding compensatory and exemplary damages whilst further demanding that his ban be declared null and void. Siwale also applied for an injunction restraining Kashala and FAZ from enforcing the ban and interfering with his enjoyment and participating in football related activities. "You are commanded in...

Three Mopani Copper Mines miners have died after an underground loader caught fire at Mindola North Shaft in Kitwe. Mopani Copper Mines and police have confirmed the accident. "Security commander Mr Singani Tilimboyi accompanied by Zone B chief security officer Mr Chipoka Evaristo Mine No 215641 reported to have attended to the report of fatal...

Police in Northern Province have arrested a 42-year-old man of Chief Mwamba’s Tibi village in Kasama district for axing his younger brother to death for plucking mangoes from his tree. In a statement, police deputy spokesperson Rae Hamoonga disclosed that Chomba Oliver Mulenga axed his 34-year-old brother, Chomba Anthony, who sustained four deep cuts on...

President Edgar Lungu says Housing and Infrastructure Development Minister Ronald Chitotela will stay in Cabinet despite being arrested on corruption charges because he is innocent until proven guilty. And President Lungu says he is not willing to lose Chitotela the same way he lost Roan PF member of parliament Chishimba Kambwili because according to him,...

Immediately after the Patriotic Front expelled him from the ruling party, Mr Harry Kalaba graciously lifted his bags, which were already packed, and left. This man had been wanting to leave the PF for some time because he fell out of love with the party a long time ago. He now regards it as the...

Handball Association of Zambia president Bwalya Banda says the Association is working towards qualifying the national team for the 2019 All African Games slated for this August in Morocco. Banda told Goal Diggers! that the Association will have a busy 2019 calendar as it seeks to further qualify the team for the Africa and World...

The first-ever North-Western Chess Open Tournament ended in Solwezi last weekend with the sponsors, Kansanshi Mining Plc, saluting the significant female participation in the event staged in partnership with the Chess Federation of Zambia (CFZ). The guest of honour, Kansanshi Mining Plc Public Relations Manager Godfrey Msiska, declared that the company valued the importance of...

Zanaco FC coach Mumamba Numba says he has not been offered any contact extension despite his team's superb start in Super Division League. Numba was given a three-match ultimatum early this year by the Zanaco board to deliver in accordance with the expectations or face the sack. His team has since gone on to win...

The Anti-Corruption Commission (ACC) in Mansa has arrested Oscar Mudenda, 37, a Legal Aid Board officer, for allegedly having received K7,500 using corrupt means. In a statement released, Tuesday, ACC Corporate Affairs officer Christopher Chibanku stated the suspect allegedly obtained the said amount of money from a Mansa resident as an inducement for him to...