NAPSA contributions can’t be used as collateral – Sinyangwe
THE National Pension Scheme Authority (NAPSA) says it is not legally possible for Small and Medium Enterprises (SMEs) to use pension contributions as collateral for bank loans. This follows a recent call by the Zambia Association of Manufacturers (ZAM) during a town hall meeting on the country’s mid-year budget performance, urging government to consider allowing…...
Using employees’ NAPSA contributions as collateral is a dangerous idea
NAPSA Head of Corporate Affairs Cephas Sinyangwe has dismissed a proposal by the Zambia Association of Manufacturers (ZAM) to allow Small and Medium Enterprises (SMEs) to use employees’ pension contributions as collateral for loans. It’s difficult to comprehend how this proposal could possibly be progressive in the first place. How does ZAM envisage that this…...
News Diggers Epaper Edition 2054 Wednesday August 6, 2025
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Remarks that people have no basis to vote for opposition misguided – Sichinga
FORMER commerce, trade and industry minister Bob Sichinga says Charles Milupi’s remarks claiming that people have no basis for voting for the opposition in 2026 are misguided and are merely an expression of his insatiable desire for power. On Sunday, Milupi, who is UPND Alliance Chairperson said people have no basis for voting for the…...
Govt has been effective in controlling expenditure – expert
ECONOMIC and Financial expert Andrew Chibuye says government has been effective in its ability to control expenditure. And Chibuye says Zambia’s economy has been sick with various ailments such as excessive debt which caused it to be in hospital. Meanwhile, Chibuye says the economy has been tough on citizens, especially the less privileged. Speaking…...
We’ll increase NHIMA contributions – Govt
HEALTH Minister Dr Elijah Muchima says government will increase individual contributions to the National Health Insurance Management Authority (NHIMA) in order to enhance the quality of services provided under the scheme. And Dr Muchima says the country has continued to record an increase in cancer cases, but he is hopeful that with the completion of…...
UPND wants to remain in power at all costs – PF
MPOROKOSO PF MP Brian Mundubile says the UPND wants to remain in power at all cost due to corruption and theft. Mundubile says this is why the UPND is sponsoring ‘bad bills’ to be presented in Parliament such as the recently deferred Bill 7. Meanwhile, Lunte PF member of parliament Mutotwe Kafwaya says the UPND…...
Zambians want NCP to provide next alternative govt – Chanda
NEW Congress Party (NCP) leader Peter Chanda says Zambians are embracing his party and looking to it as the next viable alternative under the Tonse Alliance, expressing confidence ahead of the Mfuwe parliamentary by-election. Chanda, who is also optimistic about the 2026 general elections, claims the ruling UPND is engaging in vote buying in Mfuwe,…...
Chilufya salvages point for Orlando Pride
COPPER Queens winger Prisca Chilufya has scored her first goal in Orlando Pride colours as her team returned to action with a 1-1 against Utah Royals at Inter&Co Stadium on Monday morning. Mina Tanaka gave the visitors the lead in the fourth minute, chipping Anna Moorhouse from distance. Pride dominated the second half and got…...
30 general workers sue government over terminal benefits, demand K25m
THIRTY former general workers who took part in the construction of Government Complex have dragged the state to the High Court demanding a payment of K25 million being terminal benefits, salary arrears and accrued interest due to them. Charles Mumba and 29 others also want damages for breach of contract and interest on the sum…...