Rainbow news zambia

Selection and Procurement of Financiers and Contractors for the Batoka Gorge Hydro Power Scheme will be transparent

Selection and Procurement of Financiers and Contractors for the Batoka Gorge Hydro Power Scheme will be transparent

By Chileshe Kandeta MoF www.mof.gov.zm The investor conference on development of the Batoka Gorge Hydro Electric Project recently co-hosted by Zambia and Zimbabwe on 30 March 2017 was over-subscribed in terms of attendance and interest, Finance Minister Felix Mutati has said. “The conference was organized to market the project to potential financiers and investors following the preliminary feasibility study by Ernst and Young,” he said and added that, “through the event, the two Governments managed to stimulate initial indications of interest from financers and investors who would like to finance the estimated US$4 billion project.” During the conference, the Governments...

Tribute to Regina Chifunda Chiluba

Tribute to Regina Chifunda Chiluba

First Lady Esther Lungu with former first Lady Maureen Mwanawasa at the house of mourning of late Regina Chifunda Chiluba, widow of the late Chiluba, Second president of Zambia in Kabulonga on Friday night, March 3,2017 -Pictures by THOMAS NSAMA. By Ambassador Emmanuel Mwamba, Zambia’s High Commissioner to South Africa *TRIBUTE TO MRS REGINA CHIFUNDA CHILUBA DELIVERED AT THE ANGLICAN CATHEDRAL OF THE HOLY CROSS* Saturday 4th March 2017 To members of the bereaved family To the Children from both families, To Bwalya, Mando, Malama, Makasa and Lombe, Government Representatives Good morning to you all. I met Dr. Frederick Chiluba...

Drug Enforcement Commission arrests Lusaka Businessman

Drug Enforcement Commission arrests Lusaka Businessman

Lusaka, Wednesday 22nd March, 2017-The Drug Enforcement Commission through its Anti-Money Laundering Investigations Unit has arrested a Lusaka Businessman for money laundering activities involving K50, 000. Frank Bwalya, 48, a businessman of Chazanga Compound in Lusaka has been arrested for personation of person named in certificate, obtaining credit by false pretences, forgery and uttering of false documents. Particulars of the offence are that Frank Bwalya on dates unknown but between September, 2016 and February, 2017 jointly and whilst acting together with other persons unknown with intent to defraud did personate as Samuel Phiri a Teacher at a named school in...

Government and the Church partnership key says Father Derrick Muwina

Government and the Church partnership key says Father Derrick Muwina

By Derrick Sinjela THE Anglican Church says that it would welcome Government support towards rehabilitating its 46-year old Cathedral of the Holy Cross in Lusaka, but it is also wary of the risk of compromising its prophetic voice. In an interview with the author, Father Derrick Muwina said that while the church was ready to receive donations of any kind to help rehabilitate the cathedral it did not want a situation that gave the impression that Government was sponsoring its programmes. Father Muwina an Assistant Priest to Dean, Canon Charley Thomas and Sub Dean, Father William Vwapu said that it...

Restoring Anglican Cathedral of the Holy Cross heritage

Restoring Anglican Cathedral of the Holy Cross heritage

By Derrick Sinjela UNITED we stand, divided we fall, as indicated in a parlance of old stressing the importance of unity of purpose is being used as a catchphrase to reiterate The Anglican Cathedral of the Holy Cross, status as a national heritage. Initial efforts to take good care of the Anglican Cathedral of the Holy Cross are being themed under ‘Restoring a National Heritage’ through a broad-based ecumenical partnership. It is against this backdrop and facet that local, regional and international partners are being wooed into recommitting their emotional, material and monitory support in an initiative dubbed ‘The Cathedral...

Stanbic Bank – EXPOSED!

Stanbic Bank – EXPOSED!

BY DERRICK SINJELA I continue to warn the nation about the unprofessional conduct of Stanbic Bank Limited in Africa and how the bank has the ability to do anything to have their way. In this article I want the readership to judge for themselves based on the naked facts in the Savenda vs Stanbic Bank, and why I continue to argue that Hon Judge J Chashi was on firm ground in making a judgement in favour of Savenda Management Services. This landmark judgment has first and foremost attracted the attention of the journalistic family in the SADC and COMESA region....

Stanbic Bank – EXPOSED!

Stanbic Bank – EXPOSED!

BY DERRICK SINJELA I continue to warn the nation about the unprofessional conduct of Stanbic Bank Limited in Africa and how the bank has the ability to do anything to have their way. In this article I want the readership to judge for themselves based on the naked facts in the Savenda vs Stanbic Bank, and why I continue to argue that Hon Judge J Chashi was on firm ground in making a judgement in favour of Savenda Management Services. This landmark judgment has first and foremost attracted the attention of the journalistic family in the SADC and COMESA region....

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...

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