THE Financial Intelligence Centre has highlighted how some law firms are involved in money laundering and fraud. This was illustrated in three case studies presented in the 2021 Money Laundering and Terrorist Financing Trends Report. In the fourth case study included in the report, FIC explained how the Zambian government transferred over K500 million to...

MINISTER of Finance and National Planning Dr Situmbeko Musokotwane has appointed a new National Road Fund Agency (NRFA) board to be chaired by Joe Mutwale. And Dr Musokotwane has urged the board to work with the Public Private Partnership (PPP) Department in his Ministry to explore road sector financing models which will mitigate dependency on...

THE Financial Intelligence Centre has revealed glaring details of some high-profile corruption and money laundering cases which ended in acquittal or nolle prosequi. In its 2021 Money Laundering and Terrorist Financing Trends Report, FIC revealed that three of the six case studies highlighted had already passed through the courts of law and the suspects, who...

THE Engineering Institution of Zambia (EIZ) says the Private-Public Partnership model of contracting in the road sector will still require the use of engineers affiliated or recognised by the institution. And EIZ says the change in financing model for the Lusaka-Ndola dual carriageway from EPC to PPP model will benefit Zambia in terms of quality...

CHIEF Government Spokesperson Chushi Kasanda says the new dawn government is committed to ensuring the enactment of the Access to Information law. And Kasanda, who is also Minister of Information and Media, says she has submitted the Zambia Media Council (ZAMEC) Bill to the Ministry of Justice for processing towards enactment by Parliament. Meanwhile, Kasanda...

PRESIDENT Hakainde Hichilema has reiterated that his government is committed to ensuring no media house is shut down due to political interference. Addressing the European Union Parliament in Brussels, Thursday, President Hichilema said a free media was indispensable to the democratic governance of a country. "A free media is indispensable to a democratic governance and...

THE Law Association of Zambia (LAZ) has called on the Army Commander to promptly deal with the erring military personnel who were recently captured assaulting youths for purportedly insulting President Hakainde Hichilema. In a statement, Thursday, LAZ Honorary Secretary Sokwani Chilembo said under no circumstances must any citizen, let alone men and women in uniform,...

THE 7th Money Laundering and Terrorist Financing Trends Report has revealed that disseminated reports on financial crimes were valued at K3.56 billion in 2021, representing an increase of 13 percent from K3.14 billion in 2020. And the report, which has been dubbed “Cash Bonanza”, has revealed that an entity received in excess of 70 million...

ZAMBIA is back in the champions league, declared President Hakainde Hichilema yesterday in his address to the European Union Parliament, which honoured him with a standing ovation. Addressing the EU Parliament in Brussels, Belgium, Thursday, President Hichilema said the country was back in business and looking forward to working with the EU in reviving its...

IF someone approached you as a citizen of Zambia and asked you what you understand about the country’s debt situation and the solution that the UPND government has put in place, what would be your answer? The debt that Zambia has is not a UPND problem, that’s a given. It was inherited from the Patriotic...