News Diggers! ePaper Edition 1359 Wednesday December 7, 2022
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ZCCM-IH, FQM deal will bring us more money, insists govt
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says the transaction which aims at converting ZCCM-IH’s dividend rights in Kansanshi Mine into royalty rights will bring more money into the country. Dr Musokotwane says discussions for the royalty model started three years ago, adding that the UPND government only took it up because the deal…...
There’s no reason why a Zambian company can’t get big govt contracts – Mikalile
MIKALILE Trading Investment proprietor Stephen Mulenga Mikalile says there is no reason why a Zambian company shouldn’t be awarded big government contracts when they meet the criteria. Mikalile has explained that his company saved the government losses after a company that was originally hired to clear vehicles faced challenges. Further, Mikalile revealed that his company’s…...
It’s difficult to reject DMMU demands because it sits in VEEP’s office – FRA
DRAMA yesterday characterised a Parliamentary Public Accounts (PAC) Committee hearing when nominated MP Likando Mufalali stormed out of the committee room after the Ministry of Agriculture struggled to justify the single sourcing of fertilizer worth $430 million during the 2021/2022 farming season. And the Food Reserve Agency has revealed that the Disaster Management and Mitigation…...
Congolese nationals protest shooting of suspected criminal
BUSINESS at Mokambo border in Mufulira came to a standstill yesterday following protests on the Congolese side by Congolese nationals over the death of a suspected criminal who was recently shot dead by the Zambia Police. The Anti-Robbery Squad in Mufulira on the Copperbelt recently gunned down a suspected Congolese national identified as John Kayombo…...
Fuel Price
FQM, ZCCM-IH deal is bad, Zambians won’t benefit – PF
LEADER of the Opposition in Parliament Brian Mundubile says he will be writing to the leader of government business about the deal between ZCCM-IH and FQM, describing it as a bad and illegal transaction. Chief Government Spokesperson Chushi Kasanda recently refuted reports that ZCCM-IH had sold its shares in Kansanshi Mining Plc, saying the parties…...
Police nab 2 for killing Chililabombwe farmer
A 57-YEAR-OLD peasant farmer of Chililabombwe has been beaten to death by three men who accused him of stealing their charcoal. Police have arrested two of the suspects identified as Leonard Malipenga, 22, and Julius Simbeye 23, while a manhunt has been launched for the third suspect who is on the run. Copperbelt Police Commissioner…...
PAC asks Ministry of Agriculture to justify single sourcing of fertilizer worth $430m
MINISTRY of Agriculture Permanent Secretary Green Mbozi says it was difficult to do away with some fertiliser suppliers, adding that the two year running contracts signed in 2020 were crafted to disadvantage government. And Mbozi says government had no choice but to plead with the suppliers who failed to deliver fertiliser in the previous farming…...
Load shedding will badly affect our sector – Poultry Association
POULTRY Association of Zambia executive manager Dominic Chanda says the sector will be negatively affected due to the increase in fuel prices and the impending load shedding. In an interview, Chanda said there will either be an increase in the prices of chicken products or most farmers would see a reduction in their profit margins…....