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Archive: 7 November 2023
7 Nov 2023
|
Michelo Maunga
The Fall of the Kwacha
The Zambian Kwacha has experienced persistent reductions in its value relative to major convertibles such as the USD. As at 7th November 2023, the local unit traded at K22.25 per dollar, lows that were last […]
7 Nov 2023
|
Ngosa Chalwe
Nkana players have no winning mentality – Bakala
NKANA coach Ian Bakala says his players are lacking in mental strength and winning mentality. And Bakala appears to have no regret in jumping ship from Forest Rangers despite failing to improve the Nkana’s fortunes... […]
7 Nov 2023
|
Ngosa Chalwe
FAZ gets greenlight to host Congo Brazzaville at Levy Mwanawasa
ZAMBIA will not have to look elsewhere for a home venue in this month’s World Cup qualifier against Congo Brazzaville after getting a conditional green light from the Confederation of African Football (CAF). Zambia risks... […]
7 Nov 2023
|
Diggers Editor
A fruitless effort to defend the fuel supply scandal: Part 2
AFTER the Ministry of Energy held a press conference on Friday to try and explain the fuel supply scandal that our newspaper has been writing about, the Zambia Daily Mail quoted Devon Oil suggesting a... […]
7 Nov 2023
|
Taonga Tembo
Stop investigating matter in court, Magistrate tells ACC in Hibeene case
THE Lusaka Magistrates’ Court yesterday ordered the state to stop investigating the matter in which former president Edgar Lungu’s economic advisor Hibeene Mwiinga, his wife Mercy Musanje, and their son, Hakaantu, are facing corruption-related charges.... […]
7 Nov 2023
|
Mwenya Mofya
Govt announces K1,300 minimum wage for domestic workers
LABOUR and Social Security Minister Brenda Tambatamba has announced an increase in the minimum wage for domestic workers which now stands at K1,300. Tambatamba has also announced an increase in the minimum wages for shop... […]
7 Nov 2023
|
Muzamba Siandizya
Trade Kings contributes K200,000 towards Manufacturers’ Month
TRADE Kings Group has contributed K200,000 towards the Inaugural Manufacturers’ Month being hosted by the Zambia Associations of Manufacturers (ZAM). Addressing the media yesterday, Trade Kings Group Public Relations Manager Bridget Kambobe said the Group... […]
7 Nov 2023
|
Angela Muchinshi
Govt calls for speedy implementation of signed agreements between Zambia and Turkey
MINISTRY of Foreign Affairs and International Cooperation Permanent Secretary Etambuyu Gundersen has called for speedy implementation of some signed agreements between Zambia and Turkey to actualise their intended benefits. Speaking during the third session of... […]
7 Nov 2023
|
Ulande Nkomesha
BoZ increases reserve ratio by 3% to control inflation
THE Bank of Zambia has announced that the minimum statutory reserve ratio will be increased by three percentage points to 14.5 percent from 11.5 percent with effect from Monday, November 13. The Central Bank says... […]
7 Nov 2023
|
Zondiwe Mbewe
UNZA management rubbishes abuse of resources claims by UNZALARU
THE University of Zambia management has rubbished claims by UNZALARU that it spent over K1 million to conduct a “due diligence” exercise in three countries on companies that have expressed interest in developing some portions... […]
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