Who told HH about $25bn suspicious transactions? FIC said $3bn
PRESIDENT Hakainde Hichilema says law enforcement agencies must do their work quietly because making reckless statements to the public can injure the Head of State’s reputation and discourage investments. In apparent reference to the report from the Financial Intelligence Center (FIC), the President expressed displeasure that figures of suspicious financial transactions were given out. He […]
ERB approves 89 licenses, 8 construction permits worth K10.9bn
THE Energy Regulation Board (ERB) says it has approved 89 license applications and eight construction permits within the petroleum and renewable energy sub-sector, representing a combined investment of K10.9 billion. Speaking during a media engagement, Thursday, ERB Director General Elijah Sichone, in a speech read on his behalf by ERB Director of Corporate and Consumer…...
Work quietly, you’re frightening investors, HH tells LEAs
SOME of my ministers get irritated, 01:00 [hours], I am sending an instruction to them, I’m an engaging leader, says President Hakainde Hichilema. And President Hichilema says law enforcement agencies must do their work quietly because making reckless statements to the public can injure the Head of State’s reputation and discourage investments. Meanwhile, President Hichilema…...
Court admits Gulfstream Jet into evidence
LUSAKA Chief Resident Magistrate Davies Chibwili yesterday admitted into evidence the presidential Gulfstream Jet as part of evidence in the matter where Stardy Mwale and five others are charged with wilful failure to comply with the law in relation to the procurement of the jet. In this matter, Mwale, who is former Ministry of Defence…...
Inflation goes up by 0.1 percent
THE country’s annual inflation rate for February 2025 has increased to 16.8 percent from 16.7 percent recorded in January. At a briefing, Thursday, ZamStats Acting Statistician General Sheila Mudenda said the increase in inflation was due to price movements in food items. “Annual inflation for February 2025 increased to 16.8 percent from 16.7 percent recorded…...
NGOCC asks Nalumango to retract “imita ufole” statement
NGOCC says it hopes Vice-President Mutale Nalumango will retract her “imita ufole” statement, as it may be interpreted as encouraging women to fall pregnant while disregarding the circumstances surrounding each woman. During Vice-President’s Question and Answer session last Friday, Vice-President Nalumango jokingly urged women to fall pregnant saying “imita ufole”, promising them monthly payments through…...
Census summary report credible, valid – ZamStats
ZAMSTATS Board Chairperson Oliver Chinganya has assured the public that the Revised Census Population Summary Report is credible, valid and published in accordance with the law. On Tuesday, there was drama at Mulungushi International Conference Centre when Civil Service Commission Chairperson Dr Choolwe Beyani had a heated verbal altercation with Chinganya over the revised 2022…...
Mukula smuggling trial highlights, as judgement comes up today
JUDGMENT is on today in the case where former lands and natural resources minister Jean Kapata and former justice minister Given Lubinda sued News Diggers Media Limited and the Environmental Investigation Agency (EIA) for libel in January 2020. . Kapata, Lubinda and former president Edgar Lungu’s daughter, Tasila, had sued News Diggers Media Limited, its […]
News Diggers! ePaper Edition 1941 Friday February 28, 2025
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USAID cut will impact real estate – Hamusute
ECONOMIST and Housing Finance Expert Twaambo Hamusute says the realignment of the US government funding to Zambia will impact real estate. Some office spaces, especially in Lusaka, have been rented out to NGOs under USAID and majority of their employees equally occupy rented houses. Asked about the impact of the US aid freeze on real…...
