Creditors may have lacked full sight of debt restructuring information – PwC
PwC Zambia says the Global Sovereign Debt Roundtable (GSDR’s) agreement to improve information sharing on debt restructuring processes suggests that there was certain information that IMF, World Bank and government had, which creditors didn’t have full visibility of. Last week, the World Bank revealed in a statement that the GSDR had agreed to urgently improve…...
ZAM applauds govt for ensuring stable power supply
THE Zambia Association of Manufacturers (ZAM) says the stability in power supply has caused excitement amongst manufacturers because they are now able to plan. In February this year, Zesco Managing Director Victor Mapani announced that the country would no longer experience load shedding. This was a month after the utility company announced that it would…...
UPND has neglected the FIC
THE Financial Intelligence Centre annual report has revealed that 155 cases of suspicious financial transactions were recorded in 2022, amounting to K6.1 billion. We are further told that the Centre disseminated 129 key cases to law enforcement agencies worth about K5.8 billion. Further, the Centre says out of all the disseminated cases, only 10 suspects…...
Multitudes queue up for partial benefits withdrawal at NAPSA offices
MULTITUDES of qualified citizens yesterday queued up at NAPSA offices in order to enquire on how they can take advantage of the partial withdrawal of pension benefits. And Labour Minister Brenda Tambatamba says government needs about K11 billion to service 600,000 NAPSA contributors under the partial withdrawal of benefits. On Monday, President Hakainde Hichilema assented…...
I’m celebrating Mother’s life, but mourning the state of our public healthcare system
Hello friends, Today, I thought I could digress a little by pushing forward the conclusion of the story ‘Losing Mother’ so that I can address some of the feedback which we have received. Firstly, I would like to thank each and every one of you who have either emailed or called me to encourage me […]
Chama differs with Mwila on PF candidates: Miles, GBM, Kambwili are eligible
PF National Chairperson Davies Chama says as party members, Miles Sampa, Geoffrey Bwalya Mwamba and Chishimba Kambwili are eligible to contest the PF presidency. And Sampa, who is Matero PF member of parliament, has wondered how former PF secretary general Davies Mwila obtained six points at grade 12 if “he can’t count”, arguing that it’s…...
Ministers are performing, firing them won’t result in any meaningful impact – Kavindele
FORMER vice-president Enock Kavindele says as far as he is concerned, ministers in the new dawn government are performing quite well. Governance activist Rueben Lifuka recently said President Hakainde Hichilema should not end at reshuffling Permanent Secretaries because changes were also needed at Ministry level. But in an interview, Kavindele argued that ministers were politicians,…...
NGOCC commends HH for appointing more women
NGOCC has commended the new dawn administration on the recent appointments of Permanent Secretaries and Judges saying President Hakainde Hichilema is now walking the talk on gender equality issues. In a statement, Tuesday, NGOCC Chairperson Grace Sinkamba said the appointments exhibited a more balanced ratio of women and men. “The Non-governmental Gender Organisations’ Coordinating Council…...
Money lenders sell Mwanawasa’s retirement house, UNILUS moves in to evict family
THE University of Lusaka (UNILUS) has moved to repossess former president Levy Mwanawasa’s retirement house which the learning institution claims to have bought from money lenders. On Monday, quick action by police prevented bailiffs from evicting members of the Mwanawasa family living within the compound of the retirement house in Silverest area of Chongwe District…...
News Diggers! ePaper Edition 1454 Wednesday April 19, 2023
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