Category: Editors Choice

Kelvin Chisanga outlines:”The implications of Zambia’s debt restructuring process!”

By Kelvin Chisanga Sunday, 18th September, 2022 In as much as debt has been the main precursor relating it to the International Monetary Fund (IMF) bailout package, it is also a tough puzzle to work around with, especially with the questions surrounding debt restructuring plans mainly due to the complicity with a portfolio of national debts, which comprises of debts from capital market, bilateral parties and multilateral players altogether combined. Zambia went on, to issue three key debt instruments (Eurobonds) in 2012, 2014 and 2015 which are estimated to have a stock value of slightly above $3 billion worth of...

Zambia Embassy in Moscow, Russia holds a special business brunch with representatives of Business Russia

  A special business brunch was held today in Moscow with the Zambian Ambassador to the Russian Federation, HE Mr. Shadreck C. Luwita and the Business representative to Zambia of Business Russia Mr. Ashot Danielyan. Present, online, from the Zambian side was the Vice President of the Zambian Chamber of Commerce and Industry (ZACCI) Mr. Asheini Ashu Sagar. Others present at the brunch was the First secretary of the Zambian embassy in Russia, Vice President of Business Russia and a Representative of the Russian House in Zambia Ms. Yanina Dubeykovskaya. Ms. Yanina highlighted the importance of the humanitarian capital and...

Rosatom Inaugurates Global Youth Partnership for Sustainable Development, Holds First Meeting of Impact Team 2050

Rosatom Inaugurates Global Youth Partnership for Sustainable Development, Holds First Meeting of Impact Team 2050

Rosatom Inaugurates Global Youth Partnership for Sustainable Development, Holds First Meeting of Impact Team 2050 14 September 2022, Moscow. Rosatom held the first meeting of Impact Team 2050, which is the global youth advisory council to the Rosatom CEO. Among the headliners of the meeting were Rosatom’s Deputy Director General for Human Resources Tatyana Terentyeva and President of Rusatom International Network Vadim Titov, who met with the Council Members from 12 countries. In December 2021, at the Global Impact Conference, Alexey Likhachev, the Rosatom Director General, announced the launch of the company’s partnership with youth for sustainable development. “I am...

Barrier-breaking new Zambezi Magic comedy, Seetha explores interracial love and the pitfalls of vanity

Barrier-breaking new Zambezi Magic comedy, Seetha explores interracial love and the pitfalls of vanity Press Release Thursday, 15th September 2022 By DERRICK SINJELA When a beautiful young woman used to being the object of men’s affection has her advances rejected by an eligible bachelor, she goes to great lengths to secure his attention. This not only causes chaos in their lives but also scandalises their families and the entire community. This is the premise of Seetha, an exciting and groundbreaking new comedy premiering on Zambezi Magic on Friday 7 October at 21h30. Starring Swati Patil, Yombwe Cosmos Mbuyisa, Sheetal Virdy,...

FNB Zambia launches Cash@Till and eWallet on POS enhancements as the Bank drives innovation and convenience

By DERRICK SINJELA and HENRY CHUNZA First National Bank Zambia (FNB Zambia) has launched the Cash@Till and eWallet on Point-of-Sale (POS) solutions as the Bank drives innovation and convenience for customers through its Merchant Services offering. Cash@Till is an ability to withdraw cash as customers make card purchases on an FNB Point-of-Sale. This is available at participating Merchant stores nationwide, with a limit of drawing cash of up to ZMW 5,000 per transaction. Cash@Till transactions can only be done with the purchase option while eWallet on POS is an enhancement that will enable customers to do more with their eWallet...

IT NEVER RAINS BUT IT POURS [The Unfortunate Case of Hakainde HICHILEMA’s Reign]

  IT NEVER RAINS BUT IT POURS [The Unfortunate Case of Hakainde HICHILEMA’s Reign] _______________ DANGER ahead! The lives of over 1, 150, 000 citizens are now in clear and present danger. This is unprecedented. This is new. This is as bad as it gets. Death for these citizens now looms. The UPND has now made their future uncertain. ARVs have run out. Yes, ARVs. The already beleaguered leadership of Hakainde HICHILEMA, premised on lies, is now falling apart. The fate is in the foundation. You see, Hakainde HICHILEMA, using public resources, goes to launch a book for his friend...

LSMFEZ a city within the city

By Lillian Banda THE unavailability of healthcare and educational facilities, recreational spaces as well stores where one can get daily food supplies and other needs are deal breakers when it comes to buying land for residential use. This is because the aforementioned necessities help greatly in improving the general wellbeing of individuals and also increases people’s productive capacities in many ways. It is for this reason that a growing number of individuals are investing in residential plots being offered at the Lusaka South Multi Facility Economic Zone (LSMFEZ). One of the advantages, of purchasing a residential plot within the LSMFEZ...

Zambian Children Young People Women in Development (ZCYPWD) Saturday, 10th September, 2022 on the topic: ” : “Lusaka July 2022: Is the Lesbian Gay Bisexual Transgender Queer (LGBTQ) family in Zambia growing like a wild fire🔥?

Zambian Children Young People Women in Development (ZCYPWD) Saturday, 10th September, 2022 on the topic: ” : “Lusaka July 2022: Is the Lesbian Gay Bisexual Transgender Queer (LGBTQ) family in Zambia growing like a wild fire🔥? ……………. Today is Saturday, 10th September, 2022, and Good Morning to our listener, tuned to the Zambian Children Young People and Women in Development (ZCYPWD), brought to you by Kwilanzi Newspaper Zambia (KNZ) and Kwacha Magazine Zambia (KMZ) on Pan African Radio 96.1 FM presented and anchored by Kamuti Sitali , Isaac Ntalasha, Beatrice Mumba, Mulemwa Like and Ambassador Maxwell Simbuwa is now in...

Rosatom Hosts Second International Fishing Tournament

The competition was held on September 7-8 in the PRO ANGLERS LEAGUE format – a European tournament for spinning for fish from boats – and brought together athletes from 10 countries (including Russia) at the Gulf of Finland. The event was held close to the Leningrad NPP, Russia’s largest operating nuclear power plant in terms of installed capacity and one of the first in the world to receive cutting-edge Generation III+ VVER-1200 reactors offered by Rosatom globally. The geography of the tournament has expanded greatly. In total, 26 amateur athletes took part in the competition. They are representatives of Russia...

Prods Kelvin Chisanga: “Total fuel subsidies removal, foreseen with destabilized economic growth patterns!”

  By Kelvin Chisanga It is well known that fuel subsidies benefit many at all levels be it from the industrial side or the household level. Still, it has been totally identified as a serious disorder to the domestic economy, especially where budgetary target limits are critically concerned, and this attest to what we basically saw in the 2021 fiscal expenditure, where the column costs for public procurement of works, services and goods were seen to have gone up by a slightly marginal line of about 25%, and fuel was identified as one of the biggest driving factors on the...

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