FINANCE Bank Zambia Limited has issued a creditors bankruptcy petition against former first lady, Maureen Mwanawasa following her failure to pay over K7 million owed to the bank. According to the creditor’s bankruptcy petition filed in the Lusaka High Court, Thursday, company secretary, Sandra Malupande stated that Mwanawasa was justly indebted to the Bank in...

FORMER Bank of Zambia (BoZ) governor Christopher Mvunga says he took serious measures to protect the independence of the Central Bank when he was appointed. And Mvunga says while he did see huge withdrawals towards elections, they were normal because people were uncertain. He was commenting on remarks made by BoZ Governor Dr Denny Kalyalya...

INFRASTRUCTURE, Housing and Urban Development Minister Charles Milupi says the PF administration was giving out contracts without assessing whether resources were available. Speaking when he launched the National Association for Medium and Small Scale Contractors annual general meeting, Friday, Milupi assured small scale and medium contractors that government would start dismantling the debt owed to...

THERE are people in this country who hate President Hakainde Hichilema so much that if they had a way, they would leave Zambia so that they are not part of the population under his rule. They never imagined that a day would come in their lives and Hakainde Hichilema’s portrait would be on the wall...

National Breweries managing director Martin Makomva says government's proposal to increase the specific excise duty on opaque beer will kill the traditional beer industry. In its 2022 budget, government has proposed to increase the specific excise duty on opaque beer to 50 ngwee per litre (packaged) and to one Kwacha for (unpackaged) from 15 ngwee,...

ZESCO Limited says the countrywide blackout that took place on Saturday morning was due to an unknown fault which forced the company to reboot its entire system in order to restore stability. And the company has attributed the prolonged power outages in some parts of the country to the heavy storm that damaged various power...

AUDITOR General Dr Dick Sichembe has disclosed that his office receives various threats every day, including those aimed to harm or kill through juju. And Dr Sichembe says it is frustrating when no action is taken on cases that have been cited in various Auditor Generals' reports. Speaking during a Media Sensitisation Workshop Programme on...

DEMOCRATIC Party secretary general Judith Kabemba and party treasurer Justine Nkonge have insisted that they have locus standi to raise a cause of action against Harry Kalaba, seeking an injunction to restrain him from holding himself out as party president. In this matter, Kabemba and Nkonge are seeking a declaration that Kalaba is not president...

THREE University of Zambia unions have resolved to go on go-slow until their gratuities are paid. The unions are represented by the University of Zambia Allied and Workers' Union (UNZAAWU), the University of Zambia Professional Staff Union (UNZAPROSU) and the University of Zambia Lecturers and Researchers’ Union (UNZALARU). Speaking to Journalists, Friday, UNZAPROSU president Michael...

PRESIDENT Hakainde Hichilema says it will be unacceptable for citizens to misuse the constituency development fund after resources have been taken away from a small clique of corrupt people in Lusaka. Speaking when he officiated at the commissioning of the Samu Lya Moomba site as a heritage site, President Hichilema refuted claims that the increased...