We’ve processed partial withdrawal applications for over K12m – NAPSA

NAPSA Head Corporate Affairs Cephas Sinyangwe says the authority has processed partial pension withdrawal applications amounting to over K12 million as of Saturday. In an interview, Sunday, Sinyangwe said the figures kept changing very fast. “You know, the numbers are a moving target and I can tell you for example, at this point that we…...

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Law will prevail on culprits in FIC report – Govt

CHIEF Government Spokesperson Chushi Kasanda says the law will take its course regarding the revelations contained in the Financial Intelligence Centre 2022 Annual Report. The 2022 annual report revealed that the Centre analysed 155 suspicious transactions worth K6.1 billion. Commenting on it in an interview, Kasanda said government was concerned with the revelations and that…...

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We’ve not done our work to educate Zambians on NHIMA – Masebo

HEALTH Minister Sylvia Masebo says government has not done a good job with regard to sensitising people on the importance of subscribing to the National Health Insurance Scheme (NHIMA). And Masebo has warned that any health worker who issues a prescription for medicines which are available in the hospital will be suspended. Meanwhile, Masebo has…...

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2023/24 marketing season will run from May 1 to Oct 31 – FRA

THE Food Reserve Agency (FRA) has announced that this year’s crop marketing exercise will commence on May 1 and close on October 31, 2023, subject to market dynamics. In a gazette notice posted on its official Facebook page, Friday, FRA Acting Agency Secretary Andrew Chewe said the commodities to be purchased include a minimum of…...

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We lobbied for flexibility from IMF regarding $188m financing – Govt

GOVERNMENT says there was sympathy for Zambia among key IMF members when it lobbied for disbursement of the anticipated US$188 million from the fund in the absence of an MOU from official creditors. Finance and National Planning Minister Dr Situmbeko Musokotwane, however, says many other people from the fund were of the view that the…...

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ActionAid calls for investment knowledge sharing for NAPSA partial withdraw claimants

ACTIONAID Zambia board chairperson Pamela Sibanda says the 20 per cent NAPSA partial withdrawals will help increase liquidity in the economy. Sibanda has, however, called for urgent financial literacy and investment knowledge sharing for all NAPSA partial withdraw claimants. In a statement, Friday, Sibanda said partial access to the pension fund will help improve employees’…...

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ZPPA suspends Corporate Branding Ltd from participating in public procurement

THE Zambia Public Procurement Authority (ZPPA) says it has suspended Corporate Branding Limited from participating in public procurement for a year for failure to perform contractual obligations. ZPPA principal officer-public relations Iñutu Mushambatwa says the firm failed to perform contractual obligations in a contract for the supply and delivery of DN300 Pressure Relief Valves for…...

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Police nab 167 in Lsk

POLICE have apprehended 167 persons suspected to be behind a spate of attacks and robberies in different parts of Lusaka. Deputy Police Public Relations Officer Danny Mwale says the suspects are aged between 10 and 44, and include eight females. In a statement, Saturday, Mwale said the arrests were made with efforts from the members…...

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We disbursed over K1.3 m to 27 beneficiaries as of Thursday – NAPSA

NAPSA Director General Muyangwa Muyangwa says the authority disbursed over K1.3 million to 27 beneficiaries under the partial withdrawal facility as of this Thursday. Muyangwa has also assured that the partial withdrawals will not affect the other obligations of the authority, saying NAPSA is a big institution, “there’s no way K11 billion paid over time…...

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