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4 Jun 2019
|
Mukosha Funga Njenga
It’s sad that thieves are displaying their loot and we’re watching – Aka
Prince Akashambatwa Mbikusita Lewanika says for many years in Zambia, thieves have been publicly displaying proceeds of crime while the country watches in silence, thereby condoning the criminality. And Prince Akashambatwa has questioned the partnership […]
4 Jun 2019
|
Mukosha Funga Njenga
Money launderers are very sophisticated, law enforcement playing catch-up – BoZ
The Bank of Zambia says money launderers are very sophisticated and in many cases, law enforcement agencies have to catch up to their new techniques. And the Bank of Zambia says every year, two to […]
3 Jun 2019
|
Mukosha Funga Njenga
Lungu’s DRC trip would’ve justified bigger delegation – Amos
Special Assistant to the President for Press and Public Relations Amos Chanda says President Edgar Lungu recent trip to the Democratic Republic of Congo could have justified a larger delegation. On Friday, President Lungu went […]
1 Jun 2019
|
Mukosha Funga Njenga
Sometimes, I instruct law enforcement agencies to drop investigations into financial crimes – Kalaluka
Attorney General Likando Kalaluka says fighting financial crimes is not an easy undertaking and he sometimes instructs law enforcement agencies to drop certain cases to avoid getting the state sued for compensation. And Kalaluka says […]
31 May 2019
|
Mukosha Funga Njenga
Chinese firm’s admission that it swindled govt makes sad reading – Dora
Chief government spokesperson Dora Siliya says the admission by a Chinese company that it used falsified documents to win a government tender under Zesco makes sad reading. Energy Minister Mathews Nkhuwa said he was not […]
31 May 2019
|
Mukosha Funga Njenga
FIC records K6.1bn Illicit financial transactions, up from K4.5bn in 2017
The Financial Intelligence Centre has reported a 33 per cent increase in the amount of money that Zambia lost to financial crimes from K4.5 billion in 2017 to K6.1 billion in 2018. And FIC Director […]
31 May 2019
|
Mukosha Funga Njenga
Govt defaults on €6m military loan, reports Africa Confidential
Africa Confidential reports that the government of Zambia has failed to pay the initial €6 million of the €97 million loan repayment to an Italian bank, borrowed to buy two military planes. And Africa Confidential […]
30 May 2019
|
Mukosha Funga Njenga
World Bank bans Chinese firm for defrauding Zambia in a Zesco electrify deal
The World Bank has banned a Chinese firm named Jiangsu Zhongtian Technology Ltd (ZTT), a company that manufactures and distributes fiber optic cable, in connection with fraudulent practices under the Lusaka Transmission and Distribution Rehabilitation […]
30 May 2019
|
Mukosha Funga Njenga
Chitotela is not in govt to represent his tribal grouping, he must go – TIZ
Transparency International Zambia says much as it respects the Chishinga Royal Establishment’s right to offer tribal solidarity, calls for Infrastructure Development Minister Ronald Chitotela’s dismissal are backed by the law and it would only be […]
30 May 2019
|
Sipilisiwe Ncube
Registrar of Societies deregisters Heritage Party
The Registrar of Societies has cancelled the Brigadier General Godfrey Miyanda-led Heritage Party’s registration upon the opposition political party’s request. And the Registrar of Societies has warned NAREP, UPP, PAC and 12 other parties to […]
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