Archive: 2018

Africa Confidential says Zambia’s debt is growing too large to cover up and that the IMF is insisting that the gap between government’s liability figure and its estimated figure is too wide for a bailout […]

Many people have told us that Mr Edgar Lungu is a very nice man; kind, tolerant and unassertive. They say when one offends him, he doesn’t usually react instantly, he waits until the dust settles […]

The annual rate of inflation has shot up to 7.8 per cent, up from 7.4 per cent recorded in April, according to Central Statistical Office data. Announcing Zambia’s annual rate of inflation for the month […]

ZCCM-IH posted a profit after tax of K729 million during its financial year ending March 31, 2017, from incurring losses of nearly K3 billion in the previous corresponding period. And ZCCM-IH have expressed optimism in […]

The Kasempa District Council on Wednesday angered acting Auditor General Roy Mwambwa after requesting for an independent auditor to verify his audit findings on unsupported payments amounting to K251,883. This was when the named council […]

Rainbow Party General Secretary Winter Kabimba says President Edgar Lungu is deliberately governing Zambia in a state of confusion so that he can perpetuate his stay in office. And Kabimba says Zambia’s Constitution deserves to […]

Civil rights activist Brebner Changala says President Edgar Lungu had no authourity to function as a Head of State at the time of signing the sovereign guarantee loan for ZESCO because he had not yet […]

President Edgar Lungu has asked Patriotic Front members to be loyal to him the way he was loyal to Michael Sata saying there are great rewards in doing so. And President Lungu says the people […]

The Financial Intelligence Centre has revealed that Zambia incurred estimated losses of K4.5 billion linked to financial crimes such as corruption and tax evasion, among others, in 2017. And Financial Intelligence Centre (FIC) director-general Mary […]

Zambia’s gross international reserves have fallen below US$2 billion for the first time in over a year, triggered by the need to finance the country’s widening current account deficit, Bank of Zambia data reveals. According […]