Category: Business

Upgrade certificates, acquire diplomas, BETUZ implores ‘Zambian Teachers’

Upgrade certificates, acquire diplomas, BETUZ implores ‘Zambian Teachers’

By Kwilanzi News Zambia The Basic Education Teachers Union of Zambia [BETUZ] has appealed to Teachers who upgraded their qualifications from Certificate to Diploma and are not yet put on a list of Civil Servants awaiting a Salary increment not to be frustrated. BETUZ General Secretary Henry Sinkala has assured Teachers with recently acquired Diploma qualifications that as negotiations with government resume within a few months, a comprehensive list of deserving Teachers will be tabled to facilitate upward salary scale adjustments. In an interview in Lusaka, Mr. Sinkala viewed concerns raised by Teachers countrywide as a priority area which once...

Zambia will not pay US$750 million Euro Bond, predicts Andyford Mayele Banda

Zambia will not pay US$750 million Euro Bond, predicts Andyford Mayele Banda

By Kwilanzi News Zambia Opposition People’s Alliance for Change (PAC) Leader Andyford Mayele Banda says Zambia will fail to pay back the 750 United States Dollars Euro Bond, issued in 2012, which is due in 2022 after it was contracted by 5th Republican President, the late Michael Chilufya Sata. Since the initial 2012, procured by former Finance Minister Alexander Bwalya Chikwanda and former Finance Deputy Minister, Miles Sampa, now serving as Lusaka mayor, Zambia has to date issued three Eurobonds worth US$ 2, 775. A US$750 million Euro Bond was sourced in 2012, US$1 billion in 2014 which are due...

ZCTU opposes Dr. Chitalu Chiufya’s proposed recruitment of retired doctors and nurses

ZCTU opposes Dr. Chitalu Chiufya’s proposed recruitment of retired doctors and nurses

By Kwilanzi News Zambia The Zambia Congress of Trade Unions [ZCTU] has opposed governments intentions to engage retired health workers to help reinforce the human intensive countrywide fight against Coronavirus (covid 19) pandemic, which by Press Time had recorded 84 cases. Recently, Health Minister Dr. Chitalu Chilufya reported that government though Ndeke House was contemplating engaging a number retired health workers to complement the existing cadre of doctors and nurses in the medical fight against covid 19. But when reached for a comment, in Lusaka, ZCTU General Secretary Cosmas Mukuka disagreed with a proposition unveiled by Dr. Chilufya on account...

White House could alter virus briefings to limit Trump role

White House could alter virus briefings to limit Trump role

JONATHAN LEMIRE and JILL COLVIN Associated PressApril 25, 2020, 2:22 AM GMT+2 1 / 4 Virus Outbreak Trump President Donald Trump steps away from the lectern to allow Stephen Hahn, commissioner of the U.S. Food and Drug Administration, to speak about the coronavirus in the James Brady Press Briefing Room of the White House, Friday, April 24, 2020, in Washington. (AP Photo/Alex Brandon) WASHINGTON (AP) — For the first time, President Donald Trump cut off his daily coronavirus task force briefing on Friday without taking any questions from reporters. It may not be the last time. There have been discussions within...

Press Release 24th April, 2020 Sustaining the ZambianEconomy Amidst the COVID-19 Pandemic

THE Global community is racing to turn the tide, impede and eventually halt the spread of COVID-19. The pandemic has indeed brought the entire world to a standstill. Loss of life, disruptions to social life and declining growth trends have already been observed across so many economies. Life as we know it is simply just not the same, ore so for a developing nation such as Zambia. The impacts of the pandemic are a setback on progress that has been made towards eradicating poverty, enhancing equality and development for the populace. As the scenario is unpredictable and constantly changing, the...

Press Statement Tuesday 21st April, 2020 on need to Profile Constituencies affected by floods by SEPA CEO Mailes Muke Zulu

By Mailes Muke Zulu, Chief Executive Officer in Zambezi District, Northwestern Province Save Environment and People Agencyv(SEPA) As Save Environment and People Agency – SEPA we appeal to members of parliament in Floods hit areas to help profile Constituencies affected by Floods. With this currently situation of floods in North-Western and other provinces that has affected some districts we as a non- governmental organization feel members of parliament should call for a cacuas meeting, engage the local people through Councilors, profile each constituency so that well-wishers may come on board and help our women. It is for this reason that Save...

ZAMBIA RECEIVES USD 2.1 MILLION GRANT FROM THE GREEN CLIMATE FUND (GCF) FOR ITS NATIONAL ADAPATION PLAN (NAP)

Government of the Republic of Zambia PRESS RELEASE FOR IMMEDIATE RELEASE: ZAMBIA RECEIVES USD 2.1 MILLION GRANT FROM THE GREEN CLIMATE FUND (GCF) FOR ITS NATIONAL ADAPATION PLAN (NAP) Lusaka, Zambia, Monday 20TH April 2020 — The Green Climate Fund (GCF) has awarded the Government Of the Republic of Zambia a Grant Of USD 2,184,355 for the development Of a National Adaptation Plan (NAP) for Climate Resilience. The Grant will enable the Government to formulate a medium to long-term climate adaptation plan, which will strengthen systems for integrating climate change adaptation into development planning and budget processes. The NAP will also...

U.S. Embassy Chargé d’Affaires David Young on America’s assistance to Zambia towards the fight against the COVID-19 pandemic

America’s Unwavering Aid By David L. Young Chargé d’Affaires, a.i., U.S. Embassy The story of U.S. leadership in the global battle against COVID-19 is a story of days, months, and decades.  Every day, new U.S. technical and material assistance arrives in hospitals and labs around the world.  These efforts, in turn, build on a decades-long foundation of American expertise, generosity, and planning that is unmatched in history. The United States provides aid for altruistic reasons, because we believe it’s the right thing to do.  We also do it because pandemics don’t respect national borders. If we can help countries contain...

Statement by the Hon. Minister of Finance Dr. Bwalya Ng’andu on further measures aimed at mitigating the impact of the Coronavirus (covid-19) on the Zambian economy – Monday 20th April 2020

REPUBLIC OF ZAMBIA MINISTRY OF FINANCE STATEMENT BY THE HON. MINISTER OF FINANCE Dr. BWALYA NG’ANDU ON FURTHER MEASURES AIMED AT MITIGATING THE IMPACT OF THE CORONAVIRUS (COVID-19) ON THE ZAMBIAN ECONOMY APRIL 2020 1.0 PREAMBLE 1. Good Morning Ladies and Gentlemen. Let me start by welcoming you all to this morning’s briefing at which we present our assessment of the impact of the Covid19 on economic performance. This is part of the ongoing effort to apprise the country of how we are impacted by this pandemic and it comes as a follow up to a similar briefing which we...

“ZESCO is one the biggest problems, we have in Zambia,” laments United Party for National Development (UPND) President Hakainde Hichilema

WE HAVE A BIG PROBLEM WITH ZESCO – HAKAINDE HICHILEMA There is no doubt that Zesco is one the biggest problems we have in Zambia. Without stable and consistent electricity power supply in the country, all our plans for economic resuscitation will be doomed. Here is the company that was one of the beneficiaries of the biggest chunk of the borrowed Eurobonds, but in a catastrophic failure to the nation, yet they increased electricity tariffs with the promise of better service. ZESCO stories of continuing with electricity loadsheding at a time economic activities that consume lots of power have scaled...

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