Delayed debt restructuring affecting foreign currency inflows – BoZ

Bank of Zambia Governor Dr Denny Kalyalya - Picture credit BOZ official Facebook page

BANK of Zambia Governor Dr Denny Kalyalya says the delayed debt restructuring process has affected the expected foreign currency inflows into the country. Dr Kalyalya has described the Central Banks’ decision to adjust upwards to 17 percent the Statutory Reserve Ratio as an extraordinary measure which it considered necessary to address an extraordinary situation which…...

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Jay Jay asks Mweetwa to apologise for accusing him of pushing constitutional amendments

PETAUKE Central Independent Member of Parliament Emmanuel Jay Jay Banda says Chief Government Spokesperson Cornelius Mweetwa should apologise for accusing him of pushing a motion to amend the Constitution. At a media briefing, Monday, Mweetwa said Banda wanted to present a motion in parliament to urge the Executive to start the Constitutional amendment process. But…...

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Mwamba a valueless individual – Nkombo

LOCAL Government and Rural Development Minister Gary Nkombo has described PF faction chairperson for information and publicity Emmanuel Mwamba as a valueless individual for criticizing the procurement of the 156 police vehicles under CDF. Recently, Mwamba featured on Diamond TV’s COSTA programme where he said it was unnecessary for government to procure 156 police vehicles…...

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ATI Bill has clauses which hinder free access to information – Open Spaces

A MEDIA advocacy organisation, Open Spaces Zambia, says the Access to Information (ATI) Bill which was presented to the National Assembly has some clauses which hinder citizens’ free access to information. Making submissions to the Parliamentary Select Committee on Information and ICT, Monday, Open Spaces Zambia Media Lawyer Joe Nkadaani said the Bill before the…...

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There was democratic space during our 10-year rule – Lubinda

PF FACTION vice-president Given Lubinda says people should not be swayed by nay sayers who have been arguing that the former ruling party should not cry about the shrinking democratic space because they also restricted people’s freedoms when they were in power. Speaking to journalists at the Lusaka Magistrates Court, Tuesday, Lubinda said had it…...

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FRA pays farmers over K1.9bn for 2023 season

THE Food Reserve Agency (FRA) says it has paid over K1.9 billion to farmers who supplied various crops to the institution for the 2023 crop marketing season. In a statement, Wednesday, FRA Public Relations Coordinator John Chipandwe, said during the 2023 crop marketing season, the Agency purchased 6,938,489 of 50 kg bags of maize. “The…...

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PAC sends away Lands Ministry for giving inadequate responses

THE Public Accounts Committee (PAC) on Tuesday sent away a delegation from the Ministry of Lands and Natural Resources, telling them that their submissions on various queries cited in the Auditor General’s report were not convincing. The Auditor General’s report for the financial year ended December 31, 2022, revealed that a review of land applications…...

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Govt urges sports associations to submit 2024 budgets

GOVERNMENT has asked sports associations to submit their 2024 budgets by the end of December to access partial assistance for their respective calendar activities for next year. Speaking in an interview, Tuesday, Ministry of Sport Permanent Secretary Kangwa Chileshe said associations would not access funding from the Ministry of Sport but the Sports Council of…...

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