We’re relentlessly providing necessary information, assurances to Zambia’s creditors – IMF
IMF Managing Director Kristalina Georgieva says the fund is providing all necessary information and assurances to Zambia’s creditors for them to reach a favourable conclusion on the common framework negotiations. And Georgieva says it’s paramount for Zambia to have strong governance institutions to handle the shocks of COVID-19 and the Russia-Ukraine war. Meanwhile, Finance and…...
Kafue Gorge staff were paid money meant for unforeseen events when they undertook international trips- witness
ACC investigations officer Ackless Phiri has told the Economic and Financial Crimes Court that staff at Kafue Gorge Regional Training Centre used to be paid money meant to cover unforeseen events whenever they undertook international travels. The witness was testifying in a matter in which former Kafue Gorge Regional Training Centre director Kaela Siame is…...
There’s little progress regarding asset recovery despite eloquent statements from govt- Lifuka
GOVERNANCE Activist Rueben Lifuka says there has been little traction in terms of recovery of stolen assets despite “eloquent” statements from various UPND government officials. And Lifuka has urged law enforcement agencies to avoid actions which can be misconstrued as a political witch hunt in pursuing criminal confiscation of assets. Solicitor General Marshal Muchende recently…...
Delayed debt restructuring will affect our good efforts to reconstruct economy – HH
PRESIDENT Hakainde Hichilema says all his government’s “good efforts” to reconstruct the economy may be distorted if Zambia’s debt negotiations are not concluded soon. And IMF Managing Director Kristalina Georgieva has described Zambia’s potential as enormous, saying it’s the IMF’s honour to be partners with the country as it strives to better the lives of…...
Money lender sues Kabwata MP over K100,000 unpaid loan
A MONEY lending company, Simon Kalunga and Associates Financial Solutions, has sued Kabwata UPND member of parliament Andrew Tayengwa for allegedly failing to liquidate over a K100,000 loan. The company is demanding payment of K114,689.64, being the sum allegedly owed by Tayengwa under a loan agreement. The company is also demanding damages for breach of…...
Let’s produce more, the market is available in China – Govt
GOVERNMENT says the signed agreement on duty-free treatment for Zambian products into the Chinese market, corresponding to 98 percent of the tariff lines, is in effect, describing the response from Zambian exporters as good. Last year at the China-Zambia Trade and Investment Forum, the two countries signed an exchange letter of duty-free treatment for Zambian…...
UPND has failed to prove that PF stole, says Mwila
FORMER PF secretary general Davies Mwila says the UPND administration and law enforcement agencies have collectively failed to prove that PF leaders stole public funds. In an interview, Mwila said law enforcement agencies were now only abusing the law of “possession of property suspected to be proceeds of crime”. “First and foremost, it’s now one…...
A day of reckoning has come for PF, it will also come for UPND
MR Davies Chama, the PF National Chairperson, says the UPND’s day of reckoning will come. The former Defence Minister was expressing displeasure at the fact that investigative wings are being used to grab properties before people are found guilty. He said those in government should imagine if it would be fair to grab their properties…...
News Diggers! ePaper Edition 1393 Tuesday January 24, 2023
… Membership Required You must be a member to access this content.View Membership LevelsAlready a member? Log in here...
UPND’s day of reckoning will also come – Chama
PF National Chairperson Davies Chama says it is not right that investigative wings are being used to grab properties before people are found guilty. Chama says the UPND’s day of reckoning will also come. In an interview, Chama said those in government should imagine if it would be fair to grab their properties before the…...
