Category: Latest News

Stanbic Bank lifts up Zambian women with new banking solution

Stanbic Bank lifts up Zambian women with new banking solution

Bank shines spotlight on Zambian women’s financial and business skills NEWS RELEASE FOR IMMEDIATE RELEASE WITH PICTURES TUESDAY MARCH 21, 2017 LUSAKA, ZAMBIA – Zambian women stand to reap benefits from Stanbic Bank’s innovative banking solution that places strong emphasis on their access to finance and business education. The new programme, named Anakazi (Women) Banking, will deliver the tools women need to succeed in business, including easier access to convenient banking, finance as well as business knowledge. It’s Stanbic’s bold move to boost Zambian women’s involvement in business and entrepreneurship since the bank became the first Zambian financial institution to...

A Brighter Future Powering Zambia’s Economy Zambia Chamber of Mines March 2017

A Brighter Future Powering Zambia’s Economy Zambia Chamber of Mines March 2017

A Brighter Future Powering Zambia’s Economy Zambia Chamber of Mines March 2017 Table of contents Foreword Understanding the basics Why is Zambia short of electricity? Why mines consume so much electricity The cost of providing electricity The cost of electricity — the mines’ perspective The current state of the Zambian power sector Lighting up Zambia 2 3 8 12 14 17 20 22 A Brighter Future March 2017 Zambia Chamber of Mines 1 2 Foreword by Nathan Chishimba Zambia has been blighted by power cuts for a number of years now. They are deeply inconvenient for the ordinary citizen, and...

B.S.L.T ZAMBIA LIMITED commends SADC leaders Swaziland industrialization talk

B.S.L.T ZAMBIA LIMITED commends SADC leaders Swaziland industrialization talk

By PRESS STATEMENT FOR IMMEDIATE RELEASE Friday 21ST MARCH, 2017 LUSAKA We would like to commend SADC leaders who recently convened in Swaziland for the extra ordinary summit for approving the action plan on industrialisation strategy and road map 2015-2063 as this will spur development. The head of states agreement to improve coordination and collaboration efforts to promote a harmonised approach in the management of army is also a sign that the leaders are concerned with the welfare of their people. As BSLT, we propose to President Lungu to pass a directive to either the ministry of national development or...

Trump touts poll showing decline in approval rating

Trump touts poll showing decline in approval rating

Gabby Kaufman 22 hours ago President Trump punched Monday at one poll of his approval ratings while touting another. But the latter poll, by Fox News, showed him with a steadily declining performance rate. “Just heard Fake News CNN is doing polls again despite the fact that their election polls were a WAY OFF disaster. Much higher ratings at Fox,” Trump tweeted. The president, known to be an avid viewer of cable news, may have been responding to a Gallup poll that CNN covered Monday morning. The poll showed that 37 percent of Americans approved of Trump’s performance in office,...

MTV’s “RIDICULOUSNESS AFRICA”

MTV’s “RIDICULOUSNESS AFRICA”

IS BACK WITH A BANG THIS JUNE! From Dambisa Maqoga, Total Exposure Facebook Twitter Email Facebook Twitter Google+ Print Email Image Courtesy of MTVza WITH TWO NEW HOSTS AND EPIC CRAZY CONTENT Johannesburg 20 March 2017: It’s time to check out Africa’s most hilarious and crazy Internet videos as the second season of insane antics starts on Ridiculousness Africa on 8 June (MTV, DStv channel 130). An immediate hit, Ridiculousness Africa debuted in July 2016 and had audiences cracking up (and cringing). The show features some of the funniest videos that the Internet has to offer along with commentary from...

Reversing rising income inequality in Zambia

Reversing rising income inequality in Zambia

Felix Mwenge Published: Wednesday, 14 September 2016 09:58 By Felix Mwenge The 2015 Living Conditions Monitoring Survey report has revealed that the gap between the rich and the poor in Zambia is widening. Zambia’s Gini coefficient now stands at 0.69 up from 0.60 in 2010; much higher than the African average of approximately 0.43. The income disparity reflects the country’s inability to distribute its economic growth fairly across the population and is officially measured by the Gini coefficient, a statistical measure of dispersion ranging from 0 to 1. A Gini coefficient of 0 depicts perfect equality and 1 captures extreme...

PENPLUSBYTES’ STATEMENT ON PRESIDENT AKUFO-ADDO’S APPOINTMENT OF 110 MINISTERS COMMIT TO TECHNOLOGY AND INNOVATION FOR SMART GOVERNANCE

PENPLUSBYTES’ STATEMENT ON PRESIDENT AKUFO-ADDO’S APPOINTMENT OF 110 MINISTERS COMMIT TO TECHNOLOGY AND INNOVATION FOR SMART GOVERNANCE

Penplusbytes is deeply excited about the vision of Ghana’s President Nana Addo Dankwa Akufo-Addo to ensure progress and economic and social growth of the country. However, we have significant concerns about the size of this government currently at 110 Ministerial and Deputy Ministerial positions. In our fast growing information society where with the aid of new digital technologies complex tasks can be done more efficiently and effectively without deployment of plenty hands, countries today are leveraging the power of technology to ensure better governance and more importantly, be more responsive to the needs of citizens. In this direction, it is...

FBI head Comey says no evidence of Trump wiretapping claim

FBI head Comey says no evidence of Trump wiretapping claim

[Reuters] By Patricia Zengerle and Warren Strobel ReutersMarch 20, 2017 FBI head Comey says no evidence of Trump wiretapping claim By Patricia Zengerle and Warren Strobel WASHINGTON (Reuters) – The head of the FBI said on Monday he had seen no evidence to support a claim by U.S. President Donald Trump that former president Barack Obama had wiretapped his 2016 election campaign. Before FBI Director James Comey began his testimony to the U.S. House of Representatives Intelligence Committee, Republican chairman Devin Nunes said it was possible other means of surveillance had been used against Trump. The committee is investigating accusations...

Zambia Plus Economic Recovery and IMF Support by Caesar Cheelo and Thulani Banda

Zambia Plus Economic Recovery and IMF Support by Caesar Cheelo and Thulani Banda

ZIPAR Macro-Economics Research Team Macro-Economics Macroeconomics & Monetary Policy The overall goal of the Macroeconomics and Monetary Policy unit is to improve public policy for growth, equity and poverty reduction through macroeconomic policy analysis and research. It focuses on analysis of pertinent macroeconomic policy issues such as interest rates, inflation, and exchange rate movements; domestic and external public debt. For the year 2017, the Unit envisages to carry out the following activities: a) Establishing a Macroeconomic Performance Assessment Framework (MPAF) The Ministry of Finance monitors the health of the macro-economy through a range of outputs under its Macroeconomic Framework. These...

Zambia First Lady calls for end of sexual harassment at workplace, demands equal pay

Zambia First Lady calls for end of sexual harassment at workplace, demands equal pay

By CHIBAULA D. SILWAMBA (Mr.) First Secretary for Press and Public Relations-Permanent Mission of the Republic of Zambia to the United Nations NEW YORK, Thursday, 16 March, 2017 – The First Lady of the Republic of Zambia Esther Lungu has called for adoption of sound work place policies that will ensure elimination of all forms of gender based violence, particularly sexual harassment, from workplaces. Mrs. Lungu said there was need to ensure equal pay and remuneration for women and men holding the same positions in the workplace. The First lady made the call when she spoke at a side event...

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