We’ll fight Lungu’s 3rd term bid, vows Zukas
OUR Civic Duty Association (OCIDA) chairperson Simon Zukas has charged that PF has already started the process of rigging next year’s general election through the NRC registration exercise and the unfair application of the Public Order Act. And Zukas says his Association will endeavour to ensure there will be no third term for President Edgar…...
Appointing a cadre as BoZ governor will trigger hyperinflation – Milupi
ALLIANCE for Democracy and Development (ADD) president Charles Milupi says President Edgar Lungu’s decision to appoint a party cadre as Bank of Zambia (BoZ) Governor will sink the country into hyperinflation. In an interview, Milupi said Christopher Mvunga’s appointment as new BoZ Governor could make it possible for money to be printed because he lacked…...
It’s Mwila who needs head examination, not HH – Mwiimbu
PF SECRETARY General Davies Mwila must consult his colleagues before commenting on national issues because his capacity to analyse remains shallow and questionable, says Monze Central UPND member of parliament Jack Mwiimbu. And Mwiimbu says the UPND, under Hakainde Hichilema’s leadership, has grown in all corners of the country, contrary to PF’s claim that it…...
I denied myself unnecessary consumption to become successful – HH
UPND president Hakainde Hichilema says he is a successful man because he has denied himself unnecessary consumption like purchasing expensive cars, which is why can promise a better Zambia once elected as Head of State. Meanwhile, Hichilema says he will have a balanced Cabinet with representation from all 10 provinces. Hichilema was speaking on Camnet…...
Nakacinda will be nabbed for masquerading as MMD official – Chitika
MOVEMENT for Multi-party Democracy (MMD) national secretary Elizabeth Chitika says Raphael Nakachinda will soon be nabbed and brought to brutal justice for masquerading as an MMD member. And Chitika says MMD will participate in the forthcoming parliamentary and local government elections. On Sunday, a faction of the MMD led by Nakacinda held a national executive…...
Kampyongo fails to disclose cost of recently purchased security equipment
HOME Affairs Minister Stephen Kampyongo has failed to disclose how much government used to procure security equipment, saying technocrats are still preparing the report. Speaking when he featured on Hot FM’s Red Hot Breakfast Show, Tuesday, Kampyongo said procurement of equipment was done by technocrats. When asked the cost of the security equipment, he said…...
Kwacha poised for further losses after Kalyalya’s dismissal, warns Hamaundu
DR Denny Kalyalya’s dismissal is likely to trigger a sharp kwacha depreciation because there will be a severe lack of confidence in the country’s economy, says financial market analyst Maambo Hamaundu. President Edgar Lungu sacked the highly-respected BoZ governor, Saturday, in an abrupt announcement, replacing him with Deputy Secretary to the Cabinet, Finance and Economic…...
Jonas should take affirmative action on Forest Reserves – Harrington
WILLIAM Harrington says Water Development and Environment Protection Minister Dr Jonas Chanda should take affirmative action on Forest Reserve 27 in Lusaka East to preserve the natural environment and protect the area’s ecosystem. In a statement, Tuesday, Harrington, a former environment and natural resources minister, said the area in question was a water catchment and…...
CEC posts $32.5m losses
COPPERBELT Energy Corporation Plc (CEC) has posted losses of nearly US $32.5 million in its half-year period ending June 30, 2020, mainly triggered by Konkola Copper Mines’ failure to settle its outstanding debt owed to the former. According to its unaudited financial results for the period ending June 30, CEC announced that it incurred losses…...
Kalyalya’s dismissal will compromise Zambia’s debt position – Musokotwane
UPND chairman for economy and finance Dr Situmbeko Musokotwane says no positive change will come to Zambia’s economy if the country’s debt problem is not resolved. And Dr Musokotwane has insisted that the Bank of Zambia (BoZ) needs to be led by professional and competent technocrats who can solve the country’s huge indebtedness. Speaking when…...