HH’s goodwill being compromised by bureaucratic CDF guidelines – Andeleki

KATOMBOLA UPND member of parliament Clement Andeleki says CDF guidelines should be quickly streamlined because the bureaucratic process will compromise President Hakainde Hichilema’s goodwill of improving people’s livelihoods. In an interview, Andeleki noted that while the CDF was decentralised, the power to sign for CDF projects remained centralised, a situation which meant that money was…...

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I felt like breakdancing when listening to budget speech, it was gorgeous – Mulebwa

KAFULAFUTA Independent member of parliament Jeffrey Mulebwa says he felt like breakdancing when listening to the 2023 budget speech because “everything was absolutely gorgeous”. And Mporokoso PF member of parliament Brian Mundubile says a time will come when Zambians will make the UPND government account for what motivated certain decisions, especially in the mining sector…....

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Honourables are laundering money, DEC, ACC scared to act

THE insights by Madam Mizinga Melu into how criminals use banks to launder money make interesting reading. The renowned bank executive who now heads the Bankers Association of Zambia (BAZ) says her association is actually frustrated because, contrary to popular belief, banks report money laundering cases, but the investigative wings don’t act. Madam Melu shed…...

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AG reveals how Defence Ministry lost $7.8m in botched Sukhoi Jet transaction

THE Auditor General’s Report on the Accounts of the Republic for the Financial Year ended December 31, 2021, has revealed that the Ministry of Defence in July 2017 signed a contract price of $49,400,000 for the supply of a Zambia Air Force Aircraft, and $7,800,000 was paid, but it has not been delivered as at…...

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Follow-up official creditors meeting will make Zambia rise from ashes – Musokotwane

FINANCE and National Planning Minister Dr Situmbeko Musokotwane says the soon-to-be convened follow-up official creditors meeting is an opportunity for Zambia “to rise from the ashes” and become a trusted global investment partner. And Dr Musokotwane says Zambia is on course in her quest to resolve the crippling debt crisis. According to a statement issued…...

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Banks are frustrated, we report money laundering, you don’t act, Mizinga tells ACC

BANKERS Association of Zambia (BAZ) chairperson Mizinga Melu has lamented that the financial sector is taken aback when no action is taken against certain individuals after they are reported for suspicious financial transactions to relevant authorities. And Melu revealed that in some instances, people holding high public offices call banks and openly ask for help…...

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PF’s replaces Lusangazi candidate after police nab first choice

POLICE on Thursday arrested PF Lusangazi Chairperson by-elections candidate Patrick Banda as he attempted to file his nominations at the nomination centre. The PF has, however, managed to replace Banda with another candidate, Nelson Banda, who has successfully managed to file in his nominations. Confirming the development, Banda’s lawyer Joseph Chirwa said he was not…...

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Only two local coaches have applied for the Chipolopolo top job – FAZ

THE Football Association of Zambia (FAZ) says only two local coaches have so far expressed interest in the vacant national team coaching job. Speaking in an interview, Monday, FAZ general secretary Adrian Kashala said there has been a low turnout of applications from the local coaches. Kashala said the FA had continued to receive unsolicited…...

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All is set for players to leave for IFH games – HAZ president

HANDBALL Association of Zambia (HAZ) president Victor Banda says all is set for the U-17 and 20 handball teams to defend their International Handball Federations (IHF) titles. The competition kicks off on October 17 and will end on the 28th in Harare, Zimbabwe. The IHF trophy that acts as both qualifiers for the handball Africa…...

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