- Reporting illicit financial transactions is a challenge for law firms, they prefer to make moneyOUR country has faced growing challenges related to financial crimes, including money laundering and fraud. Whenever the Financial Intelligence Centre releases a report around money laundering trends, institutions that are supposed to report and prevent illicit financial transactions are cited for abetting these crimes. Law firms, often seen as bastions of justice and integrity, have unfortunately found themselves entangled in these illicit activities. The warning issued by the Financial Intelligence Centre (FIC) to law firms that are not playing their roles as reporting entities is timely. FIC: “What we have noted in the recent past is that law firms in.......
- Kawana, Mweetwa are not speaking the same language on podcast regulationIN an attempt to calm down the public outrage over government’s intention to introduce social media broadcasting regulation, Chief Government Spokesperson Cornelius Mweetwa has offered a clarification that the idea of regulating podcasts on the internet by the Independent Broadcasting Authority is still just a proposal. The minister goes further to distance the UPND from this agenda, saying the government only inherited the proposal. The Minister adds that government does not have a position on the matter, as the proposal has not been brought before Cabinet. Honourable Mweetwa also reaffirms his government’s commitment towards upholding media freedom and denies that.......
- TRENDING
- POLL
Is the UPND on the right track in fighting corruption?
- Yes (56%, 446 Votes)
- No (44%, 356 Votes)
Total Votes: 802
Started: 4th Oct 2023 @ 00:00
LOCAL
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- Man takes own life after murdering wife, sonA 32-year-old woman of Kabamba resettlement scheme in Masaiti District has been murdered alongside her three-year-old son by her 42-year-old husband, who later took his own life. In a statement, Central Province Commissioner Charity Munganga said Bright Shimbile murdered his wife Barbra Nyoni and killed himself 50 metres away from their home. Munganga said the incident happened between 13th and 16th March 2024. “A 32-year-old woman Barbara Nyoni of Kabamba resettlement scheme in Masaiti and her three-year-old son were murdered…….
- Musokotwane rubbishes claims that govt is selling Golden Shares in companiesFINANCE and National Planning Minister Dr Situmbeko Musokotwane says it is total “rubbish” to allege that the UPND government is selling all its golden shares in companies. An audio recording recently went viral on social media in which an unidentified individual said the UPND government was highly corrupt, describing how they were selling off golden shares, transferring the money to a tax haven only for individuals to come and purchase those same shares. “There is a very serious occurrence which…….
- High Court upholds 2-yr sentence slapped on ex-ZAMPOST bossesTHE Economic and Financial Crimes Court, High Court division, has upheld the two-year jail sentence slapped on former Zampost postmaster general Macpherson Chanda and two others. The court ruled that the trial court was on firm ground when it found the three guilty of the offence of theft and convicted them. In July 2022, the Economic and Financial Crimes Court in Ndola sentenced Chanda and two others to two years simple imprisonment after finding them guilty of corrupt practices involving…….
- Zesco cuts Arrows’ lead to 3 after winZESCO United came from a goal down to beat Kansanshi Dynamos 2-1 and reduce the point tally to three with log leaders Red Arrows during the MTN Super Week 25 fixture played at the Levy Mwanawasa Stadium. Goals apiece from John Ching’andu and defender Solomon Sakala were all the George Lwandamina tutored side needed to collect maximum points and keep the title chase race open. Zesco sits second on the table, with 48 points, three behind leaders Red Arrows who…….
- Advancing a Vision for Zambia’s Gold: A Roadmap towards a Sustainable Gold Value ChainIn last week’s opinion piece, we explored the role and potential that gold as a mineral has in the transformation of Zambia’s economy. We discussed some of the challenges that the gold sub-sector faces including smuggling and informalization of mining operations—especially small-scale mining. We highlighted some positive steps that the government took such as the setting up of the Zambia Gold Company Limited (ZGCL) to spearhead formalization of gold mining in order to address some of the challenges. Today, we....