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April 25, 2023

Russia to increase its petroleum product exports


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  RUSSIA continues to increase its supplies of petroleum products to foreign markets despite the sanctions imposed by the United States and the European Union. According to British analytical agency VORTEXA, Russian diesel exports rose by 33% in March 2023, with shipments at Black Sea ports focused on trade with Turkey and North Africa reaching the highest level since 2016. Recall that since the sale of oil and oil products is one of the most important income sources of the Russian economy and state budget, late last year the US, the G7 countries and the EU tried to hit the...

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April 24, 2023

Christian Churches Monitoring Group Statement on Observation of the Thursday 20th April Councillor By-Election in Chililabombwe and Serenje District


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Council of Churches in Zambia (CCZ) General Secretary, Reverend Emmanuel Chikoya Christian Churches Monitoring Group Statement on Observation of the Thursday 20th April Councillor By-Election in Chililabombwe and Serenje District For Immediate Release Monday 24th  April 2023 I. Introduction Article 57 (1) of the Constitution of Zambia provides for a mechanism to fill any vacancy created in the office of a Member of Parliament, Mayor, Council Chairperson and provides ninety (90) days as a period within which a by-election shall be held. In compliance with this provision, the Electoral Commission of Zambia (ECZ) set 20 April 2023 as the date...

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April 24, 2023

FNB Zambia ‘Bank on Wheels’ bringing banking closer to people


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FNB Zambia ‘Bank on Wheels’ bringing banking closer to people By DERRICK SINJELA FNB Zambia Head of Retail Banking Mwamba Musambo unveiled a state-of-the-art mobile banking unit offering “mobility, accessibility, and an innovative customer experience. Earlier, FNB Zambia staff held a Friday, 21st April, 2023 roadshow across Lusaka introducing the new Mobile banking unit tagged as MAX: Mobility, Accessibility & Experience designed to bring comprehensive banking services right to all Zambian doorsteps. During a brief unveiling event at East Park Mall in Lusaka, Ms. Musambo explained that an actual launch the Bank on Wheels service will happen soon. Said Musambo:...

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April 22, 2023

ZNS Mining enterprise will complement Zambian Agriculture, insists Dr. Richard Silumbe


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By Derrick Sinjela Leadership Movement (LM) President Dr. Richard Silumbe is prodding the United Party for National Development (UPND) leadership to help Zambia National Service (ZNS) embark on a mining expedition in Zambia to complement agriculture production. And citing huge deposits of mineral ore in Zambia, Uranium, to mention but one, Leadership Movement Secretary General (SG) Jairos Ngoma wants local investors led by the Zambia National Service to venture in the extractive industry.A concerned Mr. Ngoma wants the News Dawn Administration led by President Hakainde Hichilema, through Defence Minister Ambrose Lufuma, Mines Minister, Paul Kabuswe, Home Affairs Minister, Jack Mwiimbu...

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April 22, 2023

Engage ZNS in Mining to Supplement Agriculture, prods Dr. Richard Silumbe


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By Ashton Kelly Bunda Leadership Movement (LM) President Dr. Richard Silumbe has, urged the United Party for National Development (UPND) New Dawn Administration led by Hakainde Hichilema to help Zambia National Service (ZNS) embark on a mining expedition in Zambia to supplement agriculture production of which they are duty bound. Dr. Silumbe said the Zambian currency will be one of the strongest in Africa if there is a consistent flow of foreign exchange due mining activities in the economy, hence the buying power will be benefitting some local people who are striving to start business activities. Dr. Silumbe told the...

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April 22, 2023

How Has 5G Impacted Zambia’s Economy So Far?


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THE introduction of 5G technology in Zambia has been said to have had a significant impact on the country’s economy. 5G, the fifth generation of wireless technology, is faster and more reliable than its predecessors, making it an essential tool for businesses and individuals alike. But just how big of an impact has 5G truly had on Zambia’s economy? We always hear about how beneficial 5G is, but what are the real impacts of this so-called “revolutionary” technology? This is a fantastic question, and it is one we are going to explore in this article. Let’s jump right into it...

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April 21, 2023

Seven Nominations for Zambian Series & Movies in the 9th Africa Magic Viewer’s Choice Awards


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  By DERRICK SINJELA IT’S OFFICIAL! The nominees of the 9th edition of the prestigious Africa magic viewer’s choice awards have been announced. The nominees who were announced on Sunday, 15th April, 2023 by Bisola Aiyeola and Adjetey Anang, feature Zambian film productions, read a Press Release, circulated on Friday, 21st April 2023 by Chilufya Mwelwa, Head of Corporate Affairs at Multichoice Zambia. The AMVCAs recognise and celebrate outstanding performances in African television and film across diverse genres. Out of the announced categories, ten (10) are open to public votes, while others will be decided by the AMVCA panel of...

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April 21, 2023

Developing countries overtake developed ones


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    FOR the first time the BRICS countries have overtaken the G7 in terms of aggregate gross domestic product.  By the end of 2022, the GDP of the BRICS reached 31.5% of the global economy, while the share of the G7 was 30.7%. The significant growth of economic power of the BRICS can easily be called a landmark event not only in the economy, but also in world history. For several centuries, the leading industrial, financial and political centers of the world were located in the West. Europeans, and later the US, dominated development for a long period, and...

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April 20, 2023

President Hichilema meets CCZ


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Lusaka, April 20, 2023, ZANIS—President Hakainde Hichilema has reaffirmed government’s commitment to work with the church towards the country’s economic transformation agenda. President Hichilema says the church plays a vital part in driving the country’s economic agenda, hence the need to constantly engage them on issues of national interest. ZANIS reports that the President said this today when he held an engagement with the Council of Churches in Zambia, at State House in Lusaka, on matters of national interest. The Head of State assured his administration’s resolve to ensure that equity and fairness are centrally placed in all areas of governance. Mr Hichilema...

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April 20, 2023

Zambian Economy registers 4.7 growth


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By Henry Chunza SINCE President Hakainde Hichilema took over as Seventh (7th) Republican Head of State and Government, the Zambian economy has registered a convincing 4.7 per cent, a record only comparable to 2014, when a similar pattern was recorded during 5th Republican President, the late Michael Charles Chilufya Sata’s reign. Both local and international economic think-tanks are painting a growth pattern as Zambia moves closer toward consolidating her prosperity trajectory, as a land of opportunity for those with a zeal for diligence. Luckily for Zambia, her 4.7 per cent Gross Domestic Product (GDP) growth is showing light at the...

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