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Archive: 2 January 2020
2 Jan 2020
|
Natasha Sakala
Saasa cautions govt to tame its appetite for debt in 2020
Economist Professor Oliver Saasa has advised the Zambian government to tame its debt appetite in 2020 and cautioned it against defaults on loan repayments in the new year. Prof Saasa, the managing consultant at Premier […]
2 Jan 2020
|
Sipilisiwe Ncube
Kasolo was right, it’s illegal for Lungu to cut people’s salaries without their consent – Wynter
Rainbow Party general secretary Wynter Kabimba says it is a pity that Chanda Kasolo was fired for speaking the truth because by law, no one should have their salaries reduced without consenting. And Kabimba says […]
2 Jan 2020
|
Sipilisiwe Ncube
Cannabis a big money spinner – Zulu
Luangeni PF member of parliament Charles Zulu says the growing of cannabis for medicinal purposes will earn Zambia billions in revenues and revamp the economy. And Zulu has maintained his position on the need to […]
2 Jan 2020
|
Ulande Nkomesha
200% power tariff hike meant to fund PF’s 2021 campaign – Milupi
Alliance for Democracy and Development (ADD) president Charles Milupi says the Energy Regulation Board’s (ERB) decision to hike electricity tariffs is meant to fund the PF campaigns ahead of the 2021 general election. Last week, […]
2 Jan 2020
|
Natasha Sakala
Lungu’s salary cuts illegal – ZCTU
The Zambia Congress of Trade Unions (ZCTU) has projected a difficult year for workers in the country following the rise in inequality and the reduced workers’ bargaining power this year. And ZCTU says President Edgar […]
2 Jan 2020
|
Natasha Sakala
Non-performing loans were banks’ major challenge in 2019, says BAZ
The Bankers Association of Zambia (BAZ) says non-performing loans were a major challenge for the sector in 2019 despite improving to 9.1 per cent from 9.5 per cent in October. Meanwhile, the Association has urged […]
2 Jan 2020
|
Sipilisiwe Ncube
Only 7 of 79 proposed amendments in Bill 10 are contentious – Mundubile
We have 79 amendments in Bill 10 and out of those, only seven were objected to because the other 72 were straight forward, says government chief whip Brian Mundubile. And Mundubile says enacting Bill 10 […]
2 Jan 2020
|
Stuart Lisulo
FNB forecasts higher inflation in 2020
Zambia’s annual rate of inflation is expected to remain in double-digits this year owing to the hiked electricity tariffs and fuel pump prices, says FNB Zambia. In a 2020 economic outlook released, Tuesday, FNB stated […]
2 Jan 2020
|
Julia Malunga
Mabumba admits marking of G12 exams hasn’t began
Minister of General Education David Mabumba has admitted that marking of Grade 12 exams has not commenced, saying the markers were prioritizing the Grade seven and Grade nine examinations. On Monday, NDC leader Chishimba Kambwili […]
2 Jan 2020
|
Tenson Mkhala
Amos appears in court for corruption charges in speed camera case
Former special assistant to the President for press and public relations Amos Chanda has finally appeared in the Lusaka Magistrates’ Court on charges of corrupt practices and possession of property suspected to be proceeds of […]
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