We’re on the road to manufacturing medicines locally – HH
PRESIDENT Hakainde Hichilema says Zambia is on the road towards manufacturing medications locally. And Centre for Disease Control and Prevention (CDC) Director General Dr Jean Kaseya has commended President Hichilema’s vision for the health sector. Speaking when the CDC entourage paid a courtesy call on him at State House, Thursday, President Hichilema said government would…...
Chipoka questions PF MPs’ tendency of absconding Parley
MINISTER of Commerce, Trade and Industry Chipoka Mulenga on Wednesday rose on a point of order regarding PF members of parliament whom he said had a tendency of absconding from proceedings after registering their presence for the sake of allowances. But Mpika PF member of parliament Francis Kapyanga says he and his colleagues have a…...
How we drill boreholes a recipe for Cholera – Masebo
HEALTH Minister Sylvia Masebo says the rate at which boreholes in the country are being drilled is recipe for Cholera outbreaks. And Masebo has advised against holding funeral gatherings for those who have succumbed to cholera. Rendering a Ministerial statement to the National Assembly, Thursday, Masebo noted with concern that some boreholes were being drilled […]
ZCCM-IH pays K109m dividend to NAPSA
ZCCM-IH has handed over a dividend of K109 million to National Pensions Schemes Authority (NAPSA). In a statement, Thursday, ZCCM-IH Board Chairperson Kakenenwa Muyangwa said the declared amount comprised of combined dividends for the financial years ended December 31st, 2021 and 2022. “As a company, ZCCM-IH exists for its key shareholders who are ultimately the…...
Beene challenges ZNS to clarify $15bn Kabompo copper smelting plant financing from China
THE Zambia Chamber of Mines has challenged the Zambia National Service (ZNS) to clarify the US$ 15 billion financing it has obtained from China to set up a copper smelting plant in Kabompo District of North Western Province. Chamber president Dr Godwin Beene has argued that the investment figure is equal to what has gone…...
Magistrate finds Nakonde male teacher guilty of raping 10 year old boy
A NAKONDE based secondary school teacher who was arrested on his wedding day for having carnal knowledge of a 10-year-old boy has been convicted and committed to the High Court for sentencing. Lusaka Magistrate Crispin Hampungani convicted the 45-year-old teacher, saying according to the evidence adduced before him, he was satisfied that the prosecution proved…...
HH ordered that Register of Societies must record Miles as PF president – Nakacinda
PF Secretary General Raphael Nakacinda says the party has voice recordings of President Hakainde Hichilema giving instructions to his officers to ensure that Miles Sampa is recorded as PF president at the Registrar of Societies. Speaking at a media briefing, Thursday, Nakacinda said the mission to destabilise the Patriotic Front has been cooked at Community…...
Inflation rises to 12.6%, as Zambia records K0.5bn trade deficit
THE annual inflation rate for October 2023 has increased to 12.6 percent from the 12.0 percent recorded in September, 2023. And the Zambia Statistics Agency (ZamStats) says the country recorded a trade deficit of K0.5 billion in September 2023 compared to a surplus of K2.3 billion in August 2023. At a media briefing, Thursday, ZamStats…...
Greenquest Solutions to set up 100MW solar plant in Kazungula
GREENQUEST Solutions says it has commenced the development of a 100MW solar photovoltaic in Kazungula District of Southern Province. The US$130,000,000 investment, called Kumi Kumi Zambia Solar Project, is expected to create approximately 400 jobs during the construction phase. Greenquest Solutions CEO Bobby Wahi has expressed his firm’s excitement about launching their first project in…...
Zambia agrees with bondholders, gets 18% haircut
SECRETARY to the Treasury Felix Nkulukusa has disclosed that Zambia has reached an agreement in principle with the bondholders. Speaking during a panel discussion at UNZA, Thursday, Nkulukusa said with the agreement, the country would get a 18 percent haircut out of the $3 billion debt owed to bondholders. “Just today, we reached an agreement…...