Category: Business

Kenya, Zambia Presidents hold talks to enhance trade, bilateral links between the two nations


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NAIROBI, 17 JUNE 2018, (PSCU)— President Uhuru Kenyatta and his Zambian counterpart Edgar Lungu at the weekend held bilateral talks focusing on ways to enhance economic and security cooperation between Kenya and the Southern Africa nation. The talks between the two leaders focused on how to enhance bilateral ties and increase cooperation in sectors including tourism, transport, trade, investment, air-link and regional security. Part of the deals reached on cooperation in tourism, where Kenya has vast experience, included the training of 50 Zambian students at the globally renown Kenya Utalii College. The training is scheduled to start as soon as...

BROWN BREAD WHY UNPOPULAR?

BROWN BREAD WHY UNPOPULAR?


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By RACHEL N CHIPOYA FREELANCER JOURNALIST 0977 601 345/ 0953 239 302 rachealfulayi@gmail.com “YOUR diet is a bank account. Good food choices are good investment,” Bethenny Frankel once said. Truly, good food choices define our health status as individuals and families at large. Unfortunately, many people eat food just for satisfaction and not for the nutritional benefit they may get from it. Very few people buy food with nutritional values in mind due to economic pressures they face. The money may not be suffice to buy required food which contains vitamins and minerals which are necessary for the body. However, when...

Zambia’s weak political foundation, worries Fresher Siwale

Zambia’s weak political foundation, worries Fresher Siwale


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By Derrick Sinjela ZAMBIA’S Sixth Republican President Edgar Chagwa Lungu is politically welcome to arrest us so that we end the teething issues surrounding his identity fraud, says New Labour Party (NLP) leader, Fresher Siwale. Responding to online speculations that President Lungu was unsettled following a series of stories , quoting Peoples Party leader and himself,  insinuating that that the Zambian leader has’ Malawian Blood’ or was born in Malawi, Siwale said a day in court to amplify facts is a welcome culmination. Siwale stated that it is worrying for the Zambian President to keep silent on a matter of national concern, pointing out...

WILLL MRS. MARY Chirwa TSHUMA, HANG ON?

WILLL MRS. MARY Chirwa TSHUMA, HANG ON?


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By Mike Sichula – The Speech Analyst   The Patriotic Front must stop acting like a Party that is in the opposition by castigating institutions that are a creation of the National Assembly, a house of representatives for the Zambian PEOPLE.   Our Comment comes in the wake of continued attacks on the Financial Intelligence Centre following the release of the Trends report for the year 2017.   We are wondering as to what has become of ANTONIO MWANZA, the Deputy Media Director for the Patriotic Front, who at a PF media Interactive Forum, loudly said that the Financial Intelligence...

THE 1.2 BILLION DOLLAR DUAL CARRIAGE WAY! WHO ACTUALLY WILL PAY FOR IT?

THE 1.2 BILLION DOLLAR DUAL CARRIAGE WAY! WHO ACTUALLY WILL PAY FOR IT?


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 By Trevor Maliwanda Simumba (Evidence right here – media are free to use this case study as they please)   During the ground-breaking ceremony for the Lusaka-Kapiri-Ndola Dual Carriageway project, the Chinese Ambassador to Zambia stated an old Chinese proverb that goes, “build your roads first if you want to get rich”. Transportation infrastructure is crucial to the economic and social development of a nation. Zambia has many favourable natural endowments for its development, however, subject to poor infrastructure, a fair amount of its economic potential cannot be fully tapped. The project of the Lusaka-Ndola Dual Carriageway was mooted over four...

Reduction in Maize Production Triggers Hunger Warning, prods JCTR May 2018 BnB

Reduction in Maize Production Triggers Hunger Warning, prods JCTR May 2018 BnB


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By JCTR May 2018 Basic Needs Basket (BnB) Press Release Thursday 14th June, 2018. Climate change is a significant developmental challenge both globally and locally. It puts at risk efforts aimed at reducing poverty and stifles progress towards the attainment of Sustainable Development Goals. The effects of climate change include changes in the levels of atmospheric carbon dioxide and ground-level ozone concentrations. They also include changes in average temperatures and rainfall patterns. Zambia is not spared from the impact of climate change. In recent years Zambia has continued to experience droughts, seasonal floods and flush floods, extreme temperatures and dry...

Towards Addressing Fiscal and Debt Challenges for Sustained Macroeconomic Stability and Growth

Towards Addressing Fiscal and Debt Challenges for Sustained Macroeconomic Stability and Growth


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By Bernadette Deka Policy Monitoring and Research Centre (PMRC) Executive Director On the 14th of June, 2018 the Honourable Minister of Finance Mrs. Margaret Mwanakatwe, MP released a statement addressing fiscal and debt challenges for sustained macroeconomic stability and growth. The measures announced by the Ministry of Finance are consistent with PMRC’s recommendations made to Parliament and Government ministries over the last three years. The proposed measures include; strategies to curb the debt stock and the pace of debt accumulation, Government arrears, unsustainable Government expenditure, revenue measures and communication on economic and financial matters. In relation to debt the following...

INSTITUTIONS FOR THE FINANCIAL YEAR ENDING 2013 TO 2016 UNLOCKING ZAMBIA’S POTENTIAL

INSTITUTIONS FOR THE FINANCIAL YEAR ENDING 2013 TO 2016 UNLOCKING ZAMBIA’S POTENTIAL


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REPORT OF THE AUDITOR GENERAL ON THE ACCOUNTS OF PARASTATAL BODIES AND STATUTORY By Bernadette Deka PMRC Executive Director Dear Friends and Colleagues On the 30th of November 2017, the Report of the Auditor General on Accounts of Parastatal Bodies and other Statutory Institutions for the financial years ending 31st December 2013, 2014, 2015 and 2016 was released to the public. The report indicated fourteen institutions (five parastatals and nine statutory institutions) that had not produced audited financial statements for the financial years up to 31st December 2016. The report also indicated twenty-two institutions(two parastatals and twenty statutory institutions) with...

Electricity will Industrialize rustic Zambia’s, prods Pastor Geoffrey Musonda

Electricity will Industrialize rustic Zambia’s, prods Pastor Geoffrey Musonda


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By Ashton Kelly Bunda aka (BAK2BAK) WITH barely 900, 000 of the 17 million plus citizenry being connected on the national electric power grind, Rural Electrification Authority (REA) Chief Executive Officer (CEO) Pastor Geoffrey Musonda says industrialisation will develop rustic areas. Pastor Musonda hods a view that the Rural Electrification Master Plan is key in expanding access to electric power as it focuses on fast tracking electricity infrastructure development rural areas, largely viewed as low density settlements. Pastor Musonda noted in an interview with the author on the side lines of the Zambia Off-Grid Investors Forum at Radisson Blu Hotel...

Launch of the Zambia Country Chapter of the Regional Refugee Response Plan for the DRC situation

Launch of the Zambia Country Chapter of the Regional Refugee Response Plan for the DRC situation


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VENUE: Intercontinental Hotel, Lusaka, Zambia Remarks of UNHCR Representative Ms. Pierrine Aylara given by OIC Ms. Giulia Ricciarelli-Ranawat The Minister of Home Affairs, Honorable Stephen Kampyongo (MP) The Permanent Secretary in the Ministry of Home Affairs, Ms. Pamela Kabamba The Commissioner for Refugees, Mr. Abdon Mawere Ambassadors and Members of the Diplomatic Corps Senior Government Officials The UN Resident Coordinator, Ms. Janet Rogan and colleagues from the United Nations Invited Ladies and gentlemen Thank you for joining us at the Zambia country chapter launch of the Regional Refugee Response Plan for the Democratic Republic of Congo situation. We are gathered...

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