Reduce PAYE burden on formal workers, ZCTU urges govt
THE Zambia Congress of Trade Unions (ZCTU) has noted that wage stagnation, high taxation under the PAYE threshold and the ever rising cost of living have remained a critical concern for workers. ZCTU has, on the other hand, commended government’s commitment to upholding the rule of law, but notes that concerns still remain over the…...
350,116 candidates progress to Grade 8
EDUCATION Minister Douglas Syakalima says a total of 350,116 candidates obtained the Primary School Leaving (PSL) Certificate and have progressed to grade eight. And Syakalima says a total of 169,280 candidates who sat for the Grade Nine Examinations in 2024 obtained the Junior Secondary School Leaving Certificate. Announcing the results, Monday, Syakalima said the 350,116…...
ACC must provide updates on investigations involving Solicitor General – TIZ
TRANSPARENCY International Zambia (TI-Z) says President Hakainde Hichilema’s reluctance to suspend Solicitor General Marshal Muchende, who is undergoing investigations, shows that accountability is negotiable when it involves individuals in positions of influence. And TIZ says the firing of former Ministry of Health permanent secretary Christopher Simoonga is commendable, but such actions must be extended to…...
Over supply of emeralds forces Kagem to suspend operations for 6 months
KAGEM Mining Limited has temporarily suspended its mining operations at Kagem for about six months, citing disturbed emerald market dynamics. Kagem says there’s been an oversupply of Zambian emeralds at discounted prices during the second half of 2024. In a statement, Monday, Kagem stated that the market dynamics were compounded by conflicting emerald auction dates…...
GBM won’t repay anything until court disposes case- Lawyer
LAWYER Charles Changano says former Defence Minister Geoffrey Bwalya Mwamba won’t repay anything to the state, until the matter is exhausted by the highest court of appeal. Last week, the Economic and Financial Crimes Court ordered GBM to repay a total of US$899,970 (K24.9 million) and K20 million to the State following his conviction on…...
NGOCC backs calls to release Kabanshi on health grounds
THE Non-Governmental Gender Organisations’ Coordinating Council (NGOCC) has backed calls for President Hakainde Hichilema to pardon Emerine Kabanshi on health grounds. On Sunday, former Chifunabuli PF MP Ponde Mecha asked President Hichilema to pardon Emerine Kabanshi on compassionate and health grounds, saying it’s sad that she continues suffering in silence despite having a stroke. Agreeing…...
News Diggers! ePaper Edition 1893 Tuesday December 24, 2024
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Stanchart must assist customers who lost money in the offshore bond it marketed
OVER the past few weeks, news of Standard Chartered Bank’s decision to sell its wealth and retail banking business in Zambia has sent waves of anxiety through its long-standing customers. The bank’s clarification that it is not exiting the Zambian market entirely provides little comfort to those who feel betrayed, particularly those who lost substantial…...
Customers accuse Stanchart of exposing them to risky offshore bond investment
SOME Standard Chartered Bank customers have accused the bank of exposing them to a high-risk offshore bond investment which has caused them losses after failure to mature. But the bank says the “third party high-yield bond” is currently undergoing a debt restructuring process and there has been active engagement by the client with the relevant…...
Some PF members asked me to stop talking about Lungu – Chama
DAVIES Chama says PF needs to seriously consider dialogue and resolve its internal wrangles, whether or not Edgar Lungu will be on the ballot in 2026. The former PF national chairman also says he has stopped commenting on politics because people misunderstand him and think he is against Lungu. In an interview, Thursday, Chama observed…...
