Cost of living for March drops by K274.85
THE cost of living for a family of five in Lusaka has decreased by K274.85, according to the Jesuit Centre for Theological Reflection (JCTR’s) Basic Needs and Nutrition Basket (BNNB). The JCTR BNNB for March 2023 in Lusaka stood at K9,003.21 from the K9,278.06 recorded in February, 2023. Meanwhile, JCTR has expressed concern about the…...
I wish we took office in 2016, we wouldn’t have allowed Zambia to degenerate – HH
PRESIDENT Hakainde Hichilema says he wishes the UPND had taken office in 2016 because they wouldn’t have allowed the country to degenerate the way it did. Speaking when he met Zambians resident in Mozambique, Wednesday, President Hichilema encouraged citizens to interact with leaders because they were elected to work for the people. “We just encourage…...
We must never run short of energy in southern Africa – HH
PRESIDENT Hakainde Hichilema says Southern Africa should not run short of energy as this will create ripple effects that will in turn cripple factories, small-scale businesses and cause employment issues among its people. And President Hichilema says he has reiterated Zambia’s view to the Republic of Mozambique that a country should be run around constitutional…...
Lungu’s barber appeals against 25-year sentence
THE Mongu High Court has sentenced former president Edgar Lungu’s barber Shebby Chilekwa to 25 years imprisonment with hard labour for the murder of Lawrence Banda. Chilekwa has, however, appealed to the Court of Appeal against both the conviction and sentence, arguing that the trial court erred in law and fact when he convicted him…...
Zambia, IMF reach staff-level agreement towards US$188m deal
GOVERNMENT and the IMF staff have reached a Staff-Level Agreement on economic policies, to conclude the first review of the 38-month Extended Credit Facility (ECF) supported programme. According to a statement, Thursday, the IMF said once the review of the agreement was approved, Zambia will have access to about US$188 million in financing. “IMF staff…...
There’s no viable option if debt restructuring fails – Minister
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says there is no viable option if debt restructuring fails but expresses optimism that it’ll be a success. On Monday, Dr Musokotwane revealed that Zambia’s creditors, under the common framework, were complaining that they were being asked to provide too many incentives towards the country’s debt. And…...
News Diggers! ePaper Edition 1446 Friday April 7, 2023
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What is UPND’s plan if debt restructuring fails?
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says Zambia’s creditors under the common framework are complaining that they are being asked to provide too many incentives towards the country’s debt. Dr Musokotwane says Zambia has done what was required of it, but the creditors are dragging their feet on debt restructuring because they feel…...
ZAVA postpones AGM
THE Zambia Volleyball Association (ZAVA) has postponed its Annual General Meeting (AGM) which was scheduled for this weekend. The AGM will now take place on April 22 to allow its affiliates meet their financial obligations. According to a statement by ZAVA Information Secretary Martin Chalwe, affiliates have been given a chance to clear their financial…...
News Diggers! ePaper Edition 1445 Thursday April 6, 2023
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