Category: Latest News

African Development Bank headlines strong performance ahead of key investment forum 

African Development Bank headlines strong performance ahead of key investment forum 

By Felix Njoku   The African Development Bank Group (AfDB) (www.AfDB.org)    The Bank’s performance and ratings are based on the solid support from its shareholders, including in the form of strong callable capital   ABIDJAN, Ivory Coast, October 23, 2018/ — Ahead of its maiden African Investment Forum next month, the African Development Bank (www.AfDB.org) continues to see another year of sustained indicators, underlined by a stellar Triple A rating by all three major agencies and sharply increased earnings.   The inaugural Forum takes place 7-9 November 2018 in Johannesburg, South Africa, offering a platform for sourcing funding for...

Employ local people, High Commissioner Emmanuel Mwamba, urges investment groups eyeing Zambia

Employ local people, High Commissioner Emmanuel Mwamba, urges investment groups eyeing Zambia

By Derrick Sinjela ZAMBIA’S High Commissioner to South Africa, Emmanuel Mwamba is prodding investment groups coming into Zambia to prioritise employing qualified Zambians for senior positions. Commissioner Mwamba said Zambia is seeking foreign investments to help grow the local economy and better the lives of ordinary people. Speaking at a dinner held at Taj Pamodzi Hotel by Liberty, one of South Africa’s largest Insurance and Pension Scheme company, Commissioner Mwamba restated Zambia’s desire to witness increased employment opportunities for indigenous communities And Minister of Health, Dr. Chitalu Chilufya assured prospecting investors that  Government had finalised drafting the Health Bill allowing...

3rd Investment Zambia-South Africa Business Forum woos credible investors

3rd Investment Zambia-South Africa Business Forum woos credible investors

Pretoria-Thursday 25th October 2018 High level Captains of industry, investors, and business entities have gathered at the Protea Wanderers in Illovo in Johannesburg under the auspices of the Zambia-South Africa Business Forum ZASOBF. The event is being held to woo multi-sectoral investors to Zambia. Zambia’s High Commissioner to South Africa His Excellency Emmanuel Mwamba said he was pleased with huge turn-out by credible investors. Mr. Mwamba said President of the World Farmers Organisation (WFO), Dr. Theo De Yager was leading s group of commercial investors in the agriculture sector. Also present is Zambia’s Northern Province led by Permanent Secretary Mr....

Prof Oliver Saasa explains Oxford’s downgrade of Zambian Universities to college status

Prof Oliver Saasa explains Oxford’s downgrade of Zambian Universities to college status

By Mirriam Chabala The University of Oxford has downgraded all universities in five African countries, including those in Zambia to college status in its admission process to the Rhodes Scholarships, National Secretary of the Rhodes Trust in Zambia, Professor Oliver Saasa has disclosed. In an interview, Professor Saasa explained that, following the downgrading, Zambian graduates wishing to study at Oxford University should further study for another year at universities in neighbouring countries or elsewhere outside the country for them to qualify for the Rhodes Scholarships The Prof however, stressed that the downgrading of Zambian universities as well as the four...

Zambia Mining Environmental Investment Policy on the cards

Zambia Mining Environmental Investment Policy on the cards

The official newsletter of the EITI in Zambia View this email in your browser Welcome to the Zambia Extractive Industries Transparency Initiative (EITI) newsletter!   The Zambia Environmental Protection Fund Investment Policy on the cards The Mine Safety Department (MSD) under the Ministry of Mines and Minerals Development in Zambia has revealed that an investment policy for the management of the Environmental Protection Fund (EPF) has been drafted to guide the investment decisions of the Fund. The policy is yet to be signed by the Minister of Finance. It is hoped that the policy will energise the fund administrators to explore...

Government engagement with cooperating partners poised to yield positive results economic results, prods Bernadette Deka

Government engagement with cooperating partners poised to yield positive results economic results, prods Bernadette Deka

Bernadette Deka – PMRC Executive Director Dear Friends & Colleagues On Wednesday 17th October 2018, the President of the Republic of Zambia, His Excellency Mr. Edgar Chagwa Lungu held engagements with The Vice President of the World Bank Dr. Hafez Ghanem, Luapula Expo Investors and key Government officials on fundamental issues pertaining to the country. Below is our analysis on various key aspects of the economy that constituted part of the deliberations.   Social Protection (The Social Cash Transfer Scheme)   Social protection is considered a tool for poverty reduction mainly because it focuses on households that cannot meet their...

Institute of Economic and Social Research (INESOR) congratulates Professor Mubiana Macwan’gi

Institute of Economic and Social Research (INESOR) congratulates Professor Mubiana Macwan’gi

The Institute of Economic and Social Research (INESOR) congratulates Prof. Mubiana Macwan’gi, a Professor of Public Health at the Institute on the award of Outstanding Female Researcher given by the Zambia Health Research Conference held from 15 – 17 October 2018 at New Government Complex in Lusaka, Zambia. This award recognizes a Zambian Woman Researcher whose scholarly work has greatly contributed to health research development in Zambia. Congratulations once again! Institute of Economic and Social Research   Dr. Jolly Kamwanga  Director The Institute of Economic and Social Research (INESOR) is a center for social science research of the University of...

Many young people are not going to school because of fees, cries Dr. Fred Namakando M’membe

Many young people are not going to school because of fees, cries Dr. Fred Namakando M’membe

  By Dr. Fred Namakando M’membe a Socialist Party – Zambia Thursday 12th August 2021 Presidential Candidate   Education is very important for our country and our people. If we want to develop our economy to overcome poverty, we have to improve the skills and capacity of our people. A free education policy is necessary to ensure access for all despite a citizen’s wealth. Without a free admissions and school fees policy, equal access is not possible.   Today we have increasing number of young people from poor families who are not attending school at all levels because they are...

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