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Archive: 30 September 2020
30 Sep 2020
|
Tenson Mkhala
Thousands turn up to mourn Daev
There was a near stampede at Lusaka’s Anglican Cathedral of the Holy Cross as thousands of mourners tried to force themselves into the church during musician David Phiri’s funeral service today. During the fracas, several […]
30 Sep 2020
|
Julia Malunga
Bond holders reject Zambia’s plea for delayed debt repayment
THE Zambia External Bondholder Committee says its members are unable to accept the Zambian government’s request to suspend Eurobond interest repayments, owing to lack of debt transparency among other things. And the Committee says the […]
30 Sep 2020
|
Natasha Sakala
DEC nabs Kitwe woman for cocaine trafficking
THE Drug Enforcement Commission (DEC) has arrested a 30-year-old Kitwe-based businesswoman for trafficking in cocaine and three of her family members for attempting to bribe a DEC officer with K10,000 cash. In a statement, Wednesday, […]
30 Sep 2020
|
Diggers Editor
Discarding voters’ register doesn’t help ECZ allay rigging perception
THERE is a widely-held belief that the Electoral Commission of Zambia (ECZ) and the PF government have repeatedly interfered with the electoral process to advantage the party in power. This is not a belief that […]
30 Sep 2020
|
Natasha Sakala
ZRA, local govt sign MoU to intensify tax collection from informal sector
THE Zambia Revenue Authority (ZRA), Ministry of Finance and the Ministry of Local Government have signed a Memorandum of Understanding (MoU) that will see local authorities collecting base and withholding taxes on rental income on […]
30 Sep 2020
|
The Business Telegraph
Zambia’s total debt now at $18.5 billion, reveals Ng’andu
Finance Minister Dr Bwalya Ng’andu has revealed that Zambia’s total indebtedness inclusive of contingent liabilities and debt owed by State-Owned Entities (SOEs) now stands at US $18.5billion with an average interest of 4.5 per cent. […]
30 Sep 2020
|
Diggers Editor
Why keep Milingo at KCM when there’s no liquidation going on?
WE can’t wait to hear what the Konkola Copper Mines Liquidator, Milingo Lungu, has to say about the US$1.6 million KCM scandal in which he has been implicated. We can’t wait to see how the […]
30 Sep 2020
|
Zondiwe Mbewe
UNZALARU sues UNZA council over K4.5m arrears of unremitted union contributions
UNIVERSITY of Zambia Lecturers and Researchers Union (UNZALARU) has sued the University of Zambia (UNZA) Council in the Lusaka High Court, claiming payment of K4.5 million arising from arrears of unremitted union contributions. UNZALARU also […]
30 Sep 2020
|
Ulande Nkomesha
PF abusing KCM as its milking cow – Kambwili
NATIONAL Democratic Congress (NDC) president Chishimba Kambwili says Konkola Copper Mines, under the leadership of Provisional Liquidator Milingo Lungu, has become a cash cow for the PF. And Kambwili has challenged Milingo to exonerate himself […]
30 Sep 2020
|
Stuart Lisulo
Zambia’s debt default imminent, warns Standard & Poors
STANDARD and Poors (S&P) Global Ratings have lowered its long-term foreign and local currency sovereign credit ratings on Zambia to ‘CCC-‘ from ‘CCC’ following the Zambian government’s request to suspend Eurobond debt interest payments. According […]
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