Monthly Archive: April 2017

By Charles Chulu Transparency International Zambia (TIZ) has for the last quarter of January to March been following government’s commitment to the fight against corruption in the country. TIZ would like to note that there have been many positive pronouncements coming from government which if implemented could have seen the country record tremendous progress in recovering a lot of stolen assets which were unlawfully acquired using public funds and many arrests made of controlling officers and other government officials cited in the Auditor general’s report of 2015, including recovery of resources. As an organization that supports the government’s pronouncements committing...

By Derrick Sinjela ZESCO Managing Director Victor Mulenga Mundende says the company is constructing interconnectors to enable it trade in electricity with other countries and make revenue. And Mundende has appealed to the business fraternity to support the tariff increment that will enable ZESCO complete the projects and increase reliability of power supply to improve the economy. Addressing various stakeholders in Chinsali yesterday, Mundende said ZESCO is going to construct a double circuit line from Kafue West into Livingstone so that there are three lines going South, all the way into South Africa. “So then we can trade with Zimbabwe,...

Interests of the Poor should guide/centre final decision on proposed electricity tariff hike JCTR Press Statement Thursday 13th April, 2017 In August 2015, ZESCO made an application to the Energy Regulation Board (ERB) for an average tariff hike of 187% which was approved but later suspended in January 2016. Following various consultations, ZESCO has again made an application to ERB announced on 26th March 2017 of a reduced percentage of 75%. This is in an effort to ensure cost reflective tariffs that attract the required revenue for adequate service provision as well as investment in the energy sector. The effects...

The 2017 World Press Freedom Day (WPFD) Organising Committee would like to invite all media houses to participate in this year’s planned Press Freedom Day activities; As you are aware, World Press Freedom Day is commemorated annually on May 3. This year’s theme is “Critical Minds for Critical Times: Media’s role in Advancing peaceful, just and inclusive societies”. The Organising Committee Secretariat, which this year is being hosted by Panos Institute Southern Africa, has already started convening preparatory meetings for the 2017 WPFD celebrations every Thursdays at 10:00hrs. Planned activities include: Prison Visit on April 21 Inter-company Sport Tournament on...

Apr 06, 2017 04:11 pm Copperbelt Energy Corporation Plc share price as of Thursday, 6th April 2017 is 1.03 (0.00 Kwacha / 0.00%) Chairman Hanson Sindowe has described the Zambia Open Golf tournament as a significant event on the nation’s sporting calendar worthy of the Company’s continued support. CEC has handed a cheque of USD25,000 to the organisers of Mopani/Redpath 2017 Zambia Open Golf Tournament to be held at Nkana Golf Club in Kitwe from 29th May to 4th June, 2017. The sponsorship continues a partnership that started in 2014 when Mopani Copper Mines Plc (Mopani), CEC’s second largest customer,...

PRESS STATEMENT Lusaka, Saturday 8th April, 2017-The Drug Enforcement Commission through its Anti-Money Laundering Investigations Unit has arrested a 42 year-old female Accountant of Lusaka for money laundering activities involving over K90 thousand. Cecilia Muntemba, 42, an Accountant of Plot No. 184 Gardenia Avondale in Lusaka has been arrested for theft by public servant and money laundering contrary to the laws of Zambia. Particulars of the offence are that Cecilia Muntemba on dates unknown but between 1st January, 2013 and 31st June, 2014 jointly and whilst acting together with other persons unknown did steal K91, 158 from the Road Transport...