ZANACO sues former lawmaker for over K400,000 loan default

THE Zambia National Commercial Bank (ZANACO) has taken legal action against former Malole Independent MP Emmanuel Musonda Munaile, seeking the payment of K423,419.45, which represents the outstanding balance on a personal loan. In a statement of claim filed with the Lusaka High Court Commercial Registry, ZANACO stated that Munaile was granted a personal loan of…...

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British bank seeks stay on BoZ’s decision to liquidate Investrust

BANK of Nevis International Limited, a British bank, has petitioned the High Court for a judicial review of Bank of Zambia’s (BoZ) decision to liquidate Investrust Bank Plc. The bank is also requesting a stay on the execution of BoZ’s decision until a tribunal is constituted or until further court orders are issued. The bank’s…...

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Athletes are exploited by selfish individuals – NSCZ

THE National Sports Council Zambia (NOCZ) has alleged that some athletes are being exploited by selfish individuals who are hiding behind social media. NSCZ Chief Executive Officer Sombwa Musunsa says government promised to pay outstanding allowances owned to athletes before the end of the year. Musunsa insisted that athletes such as sprinter Muzala Samukonga have…...

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We need to improve many areas – Lubambo

GERMANY based Zambia national team captain Lubambo Musonda has admitted that the Chipolopolo will need to improve going into the back to back 2025 Morocco Africa Cup of Nations qualifiers against Ivory Coast and Sierra Leone. The Chipolopolo, who are on a five-game winless streak, will face Ivory Coast on Friday before hosting Sierra Leone…...

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We need predictable net metering tariffs – Solar Industry Association of Zambia

Solar Industry Association of Zambia president Matanda Mwewa

THE Solar Industry Association of Zambia has observed that the uncertainty regarding future net metering tariff structures could create hesitation among potential investors who are unsure about long-term returns on their solar investments. Recently, the Energy Regulation Board set the net metering tariff at K1.59/kWh and stated that it would be in effect until December…...

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FAZ mourns Kabole

FAZ has described the death of veteran coach Fordson Kabole as a great loss to the Zambian game. Kabole died yesterday at Kitwe Central Hospital and the funeral is being held in Kitwe’s Ndeke Township. FAZ president Andrew Kamanga said Kabole had diligently served the game over the years and would be remembered fervently. “Mr…....

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We haven’t been paid – Kundananji

NO allowances have been paid to the athletes who participated at the Paris 2024 Olympic Games, as earlier claimed by Minister of Sports, Youth, and Arts Elvis Nkandu, Copper Queens striker Rachel Kundananji has revealed. And 2024 Paris Olympics Bronze Medalist Muzala Samukonga says Nkandu misinformed the nation when he said athletes had been paid…...

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Zambia fights back but falls short against Morocco

TEAM Zambia showed a remarkable fighting spirit and resilience but ultimately fell short against Morocco, losing 84-67 in their opening game of the FIBA Under-18 Afro-basket tournament yesterday. Despite trailing by as much as 31 points, Zambia mounted a determined comeback in the second half, driven by standout performances from Frank Siame and Elijah Hantete…....

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SP refutes resignation claims by W/Province ‘officials’

THE Socialist Party says it is shocked that some people are claiming to be its members and resigning from the party. Yesterday, a letter that was widely circulated on social media indicated that nine Western Province officials had resigned from the party. According to the letter dated September 2, 2024, Provincial Information and Publicity Secretary…...

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