Category: Business

Contact Mr. Andrew Simpasa for further clarifications on 0977765775 or simpasa@yaho..com The planned engagement of a private company to pay off Zambia’s US$ 750 million Eurobond is a disaster in-waiting. JCTR is apprehensive with regard to use of a private equity to refinance the country’s Eurobond as the cost of the external debt might become too exorbitant to bear in the medium to long-term. To this end, this might further exacerbate the country’s foreign debt which currently stands at a staggering US$9.3 billion. Recently, the Ministry of Finance, in the 2018 First Quarter Economic Performance Report, announced that, “management of...

THE CHINESE DEBT UNSETTLES STATE HOUSE By The Speech Analyst – Mike Sichula Finally the Government of Zambia is opening up regarding the much under Lock and key foreign debt stock though still not informing Citizens the exact debt it ows the Chinese Government. ……..Our Analysis comes in the wake of a statement issued by presidential aid, Mr..Amos Chanda, following a between President EDGAR Lungu and Chinese Ambassador to Zambia, Mr. Mr Li Jie, at STATE HOUSE yesterday. A reminder of what President Lungu had directed the Ministry of Finance was to stop debt contraction, cancel some existing loans, terminate...

It is the Matriarch Midwifery! The World Health Organization has done much work on ensuring that women do not die in the process of giving birth. The process of giving birth has three main components: 1. Pregnancy (9 months) 2. Child bearing (10hrs of labour) and 3. Some 42 days after the baby is delivered. If the mother dies in any of these three processes of child bearing, it is regarded a needless preventable maternal morality and it points a finger to poor health systems. Such deaths denote a failure by the health system. Over the last 40 years, national...

By Derrick Sinjela United Prosperous and Peaceful Zambia (UPPZ) leader Charles Chanda has adopted Youth League President Leo Madalitso Musukwa as an Elected Executive Mayoral of Lusaka candidate on Thursday 26th July 2018. Mr. Musukwa expressed delight moments after successfully filling nomination as a candidate for the Mayoral seat of Lusaka under the UPPZ ticket, as a youthful prospective Chief Executive Officer (CEO) in Zambia’s Capital City.     Musukwa challenged youthful generation to rally behind him to effectively make history, on account of a theme: “DARE TO DREAM”.     “This is our time and we shall make history!...

By Chris Shakafuswa – 1st Applicant and Isaac Mwanza – 2nd Applicant Today, Zambia’s Constitutional Court made a landmark judgment that has disqualified all Deputy Mayors, Council Vice Chairpersons and elected councillors from contesting mayoral by elections – whether they resign their ward-based seats or not. The decision is based on Parliament’s intention to avoid creating unnecessary vacancies and by elections in Councils. The Judgment was delivered by Judge Prof Munalula in the open court on 22nd June, 2018 from 16.30hours to about 17.30. On behalf of Christopher Shakafuswa and on my own behalf, we welcome the sound decision of...