KCM now owes CEC $150m in unpaid electricity bills – Silavwe
KONKOLA Copper Mines Plc (KCM) now owes Copperbelt Energy Corporation (CEC) an outstanding US $150 million electricity bill, up from around US $144 million at the end of June, 2020. And CEC managing director Owen Silavwe says CEC is currently doing “reasonably well” because in spite of the ongoing challenges it continues to face with…...
Govt releases K16m to contain locust outbreak
AGRICULTURE Minister Michael Katambo says the country has been hit by an African Migratory Locust outbreak in Central, Southern, and Western Provinces. And Katambo says the government is concerned about this outbreak as it has great potential to disrupt the 2020/2921 agricultural season thereby affecting household and national food security. Speaking when he rendered a…...
PF has turned KCM into a financial scam – Andyford
People’s Alliance for Change president Andyford Banda says Konkola Copper Mines provisional liquidator Milingo Lungu should be removed from his position because he is destroying the mine. A scandal has emerged at KCM in which the mining giant paid US$1.6 million (about K32 million) to a company allegedly bought by the liquidator, Lungu, through his…...
Workers still overburdened despite increase in PAYE threshold, laments ZCTU
THE Zambia Congress of Trade Unions (ZCTU) says workers are still overburdened with taxes despite the increase in the Pay As You Earn tax threshold from K3,300 to K4,000. In an interview, union deputy secretary general Elastone Njovu said although the decision to increase the threshold was positive, workers above the threshold still faced the…...
Muchekela, others in strong spirits – lawyer
UPND deputy secretary general Patrick Mucheleka and three others have appeared before the Kasama Magistrates’ Court in a matter they are accused of aggravated robbery, among others. The matter could, however, not be mentioned as the presiding magistrate was out of jurisdiction. Mucheleka and others are still in custody as the charge of aggravated robbery…...
NAPSA sues Imenda’s company over K130,000 rental arrears
THE National Pension Scheme Authority (NAPSA) has dragged UPND deputy secretary general Getrude Imenda’s company, Colger Enterprises, to the Lusaka High Court, claiming payment of over K130, 000, being outstanding rental arrears owed to the authority. NAPSA wants payment of K130,770.03 outstanding rental arrears in respect of the premises known as stand no 6976, Electra…...
28 died from Crocodile attacks between 2016 and 2019 – Chitotela
TOURISM and Arts Minister Ronald Chitotela says 28 people died while 25 others sustained injuries and were permanently disabled after being attacked by crocodiles between 2016 and 2019. And Chitotela says government has observed that some people who smoke cannabis get the wrong idea that they cannot be attacked when they go to crocodile infested…...
News Diggers! ePaper Edition 787 Thursday October 1, 2020
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Thousands turn up to mourn Daev
There was a near stampede at Lusaka’s Anglican Cathedral of the Holy Cross as thousands of mourners tried to force themselves into the church during musician David Phiri’s funeral service today. During the fracas, several windows were broken and both inside small gates were removed as mourners tried to enter the church after Phiri’s (who…...
Bond holders reject Zambia’s plea for delayed debt repayment
THE Zambia External Bondholder Committee says its members are unable to accept the Zambian government’s request to suspend Eurobond interest repayments, owing to lack of debt transparency among other things. And the Committee says the 2021 national budget moves Zambia further away from a path of debt sustainability, as long-standing fiscal imbalances have still not…...