Category: Business

Felix Chipota Mutati prefers debt restructuring as delayed payment of US$11.2 billion international liability is a disastrous decision

Felix Chipota Mutati prefers debt restructuring as delayed payment of US$11.2 billion international liability is a disastrous decision


Notice: Undefined index: catFilterList in /home/zambi/public_html/wp-content/plugins/wp-likes/api.php on line 243

By Favourite Jenala Kalando in Lusaka, Zambia FORMER Finance Minister Felix Chipota Mutati is seeking a rapid response as the economy continue to be adversely affected by the global lockdown and poor performance of the Zambian Kwacha against international convertible currencies. As experts and communities equally continue to dialogue over the best mode of debt restructuring, her US$11.2 billion international liability, Mr. Mutati advised Finance Minister Dr. Bwalya Ng’andu that postponing repayment schedules for 2022, 2024 and 2025 to 2027 is not a lasting solution. Accordingly, the former Movement for Multiparty Democracy (MMD) Lunte Member of Parliament (MP) in the...

“A clash of Science, Opinion, Conspiracy and possible paranoia” writes Professor Mulindi Mwanahamuntu


Notice: Undefined index: catFilterList in /home/zambi/public_html/wp-content/plugins/wp-likes/api.php on line 243

‘A Healthy People, Build a Wealthy Nation’ Doctor’s Corner with Professor Mulindi Mwanahamuntu Wuhan in China was under severe lockdown because of a common cold virus that was killing too many people when compared to other similar common cold viruses. The world watched, passing its opinion backed by early science and statistical figures that were emanating from China. In China itself, the alleged government’s opinion to muzzle the disease had its biggest ridicule when an ophthalmology doctor who first released the scare through his observation of unusual deaths died of the very Covid-19 received tweets of heroism. Government then became a...

“Leadership Movement will maintain and sustain the Food Basket using the energy of the Youth” pledges Dr. Richard Silumbe


Notice: Undefined index: catFilterList in /home/zambi/public_html/wp-content/plugins/wp-likes/api.php on line 243

By Derrick Sinjela LEADERSHIP Movement (LM) leader Richard Silumbe says once in Government his team will galvanised the energy of young people as a means of maintaining and sustaining the national food basket. In a Sunday 5th April 2020 Press Statement issued in Zambia’s Capital City of Lusaka, Leadership Movement President, Dr. Richard Silumbe pledged to use the youth dividend in securing the country’s food security. Dr. Silumbe says time is nigh within which it is necessary to positive utilize the zeal and tenacity of young people in food production in all of Zambia’s  ten (10) provinces, namely Central, Copperbelt,...

Bachelorhood has confused me – Frederick Titus Jacob Chiluba (FTJ) laments


Notice: Undefined index: catFilterList in /home/zambi/public_html/wp-content/plugins/wp-likes/api.php on line 243

The rally was at Kitwe’s Freedom Park and was broadcast live on national TV. He was in high spirits and, as usual, at his lyrical best. Introducing candidate Mwanawasa, he began: “Ba Mwanawasa te bashimbe nga ine.” He then broke into song: “Ubushimbe nabumpesha amano mayo ubushimbe…” After the musical interlude, he turned to how he dribbled all the presidential hopefuls in the MMD and settled for Mwanawasa. “Ala muma politics bane mwabe njuka. Nalibadilibula bonse,” he told the cheering crowd, praising himself as a ‘political engineer. Be the first to like. Like Unlike

Chilenje Church of Christ preaching on ‘The Week that Changed the World’ Sunday 5th March 2020

Chilenje Church of Christ preaching on ‘The Week that Changed the World’ Sunday 5th March 2020


Notice: Undefined index: catFilterList in /home/zambi/public_html/wp-content/plugins/wp-likes/api.php on line 243

The Week That Changed The World Posted by Chilenje Church of Christ on Sunday, April 5, 2020     Bible Reading Mark 11:1-11.1 As they approached Jerusalem and came to Bethphage and Bethany at the Mount of Olives,… Posted by Chilenje Church of Christ on Sunday, April 5, 2020           Bible Reading Mark 11:1-11.1 As they approached Jerusalem and came to Bethphage and Bethany at the Mount of Olives,… Posted by Chilenje Church of Christ on Sunday, April 5, 2020   Be the first to like. Like Unlike

Ministry of Finance (MoF) Zambia Budget Release Report for March 2020


Notice: Undefined index: catFilterList in /home/zambi/public_html/wp-content/plugins/wp-likes/api.php on line 243

  Zambia’s Ministry of Finance Budget Release Report for March 2020  By Favourite Jenala Kalando IN MARCH 2020, the Zambian National Treasury K5.64 billion to finance various developmental and public service delivery programmes, says Ministry of Finance Spokesperson, Chileshe Kandeta. Mr. Kandeta explains that of the K5.64 billion, K1.07 billion went towards both domestic and external debt service, while K2.2 billion was allocated to the public service wage bill, and K1.1 billion was released for transfers, subsidies and social benefits. In a Ministry of Finance (MoF) Zambia Budget Release Report for March 2020, Kandeta says K819.2 million was on financing...

Statement by Operation Young Vote (OYV) on The Alleged Censored/Cooked Information on Status of Covid 19


Notice: Undefined index: catFilterList in /home/zambi/public_html/wp-content/plugins/wp-likes/api.php on line 243

By Guess Nyirenda (Mr.)  Executive Director    OPERATION YOUNG VOTE (OYV) It is quite sad and appalling to note that leaders and specifically those from government have opted to give Zambians incomplete information on the status of Zambia and Zambians regarding the deadly Covid 19 epidemic. The fact that the Minister of Health and the government generally chooses to censor information given to the nation on a matter of life and death is vexing, as we heard on the live streaming on facebook. This is not only a confirmation of our leaders irresponsibility but also an indication that they are ready to...

The Zambia Chartered Institute of Logistics and Transport – ZCILT – President Zindaba Soko petitions Government to Lockdown Passenger Aircraft


Notice: Undefined index: catFilterList in /home/zambi/public_html/wp-content/plugins/wp-likes/api.php on line 243

        The Zambia Chartered Institute of Logistics and Transport – ZCILT – President Zindaba Soko petitions Government to Lockdown Passenger Aircraft The Zambia Chartered Institute of Logistics and Transport has advised Government through Transport and Communications Minister Mutotwe Kafwaya that it will be a safer executive decision by President Edgar Chagwa Lungu to suspend flights into the country as a most effective means to halt possibile outbreak of a new strain of the dreaded Coronavirus. ZCILT President Zindaba Soko is proposing that government should just leave cargo transport with proper surveillance systems, as passenger aircraft is a platform on...

National Union for Small-scale Farmers of Zambia Acting Director Noel Simukonde cries for a good maize price

National Union for Small-scale Farmers of Zambia Acting Director Noel Simukonde cries for a good maize price


Notice: Undefined index: catFilterList in /home/zambi/public_html/wp-content/plugins/wp-likes/api.php on line 243

By Favourite Jenala Kalando THE National Union for Small-scale Farmers of Zambia (NUSFAZ) is urging the Zambian government through Agriculture Minister Michael Katambo to consider to peg the price of a 50-kilogram bag of maize to 150 Kwacha during the 2019-2020 farming season. As Zambia awaits announcement of the floor price of grain, NUSFAZ Acting Director Noel Simukonde insisted in an interview in Lusaka that the union is not expecting less than a 130 Kwacha price of a 50kg bag of maize. An optimistic Mr. Simukonde says a price range of 130 to 150 kwacha will be more economically appropriate...

error: Content is protected !!