Category: Latest News

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April 14, 2023

How Africa’s Financial Sector Can Manage Risk in Volatile Times


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How Africa’s Financial Sector Can Manage Risk in Volatile Times By Thabo Molefe, Head of Africa Regions, TransUnion Africa Right now, every financial services company in Africa wants the same thing: to grow revenues, and reduce their risk. But with consumers across the continent struggling in the face of rising inflation and interest rates, they’re experiencing a growing wave of non-performing loans (NPLs), which is putting a brake on their growth ambitions. At the same time, regulators and governments across the continent are challenging the financial services sector to drive greater financial inclusion. The sector is also grappling with challenges...

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April 9, 2023

HH reviving Zambia’s economy, brags Mbala MP Njavwa Simutowe


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HH reviving Zambia’s economy, brags Mbala MP Njavwa Simutowe By Derrick Sinjela Northern Province domiciled Mbala Member of Parliament (MP) Njavwa Simutowe believes President Hakainde Hichilema’s United Party for National Development (UPND) Alliance New Dawn Administration is setting Zambia on a promising socio-economic trajectory, capable of ameliorating vulnerability and feminisation of poverty built by a tripartite woe of high-income inequality, high poverty and high unemployment. As skeptics continue to tag complacency as UPND’s biggest liability attributing economic challenges to Patriotic Front (PF) leadership of Dr. Edgar Chagwa Lungu and former First Female Vice President Inonge Mutukwa-Wina, an optimistic Mr. Simutowe...

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April 3, 2023

Vice President Kamara Devi Harris Visit to Zambia – Day 2


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On background, attributed to a White House Official –   On Saturday, April 1 in Lusaka, the Vice President will convene business and philanthropic leaders to build on the work of her trip and discuss next steps.   In particular, they will discuss public and private sector investments to promote digital inclusion across the continent of Africa. They will explore ways to expand access to digital services, which will drive development across sectors and across demographics. At this convening in Lusaka, the Vice President will issue a call to action to business and philanthropic leaders to make direct investments and...

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April 3, 2023

Kagem delivers USD 5M dividend to the IDC


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LUSAKA, ZAMBIA – Kagem Mining Limited has delivered a USD 5 million dividend to the Zambian government’s Industrial Development Corporation (IDC) Limited, which owns 25% of the emerald mining company in Lufwanyama. Kagem delivers the dividend for the second consecutive year, which are the first dividends delivered since 2016. This dividend is in addition to the USD 11.5 million mineral royalty tax paid on the sale of emeralds at auction during 2022 and the USD 13.3 million corporation tax payable for the year ended 31 December 2022. “Kagem’s Zambian emeralds continue to attract a worldwide market, and it is this...

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April 3, 2023

Constitutional Court grants Milingo Lungu leave to amend petition


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…. The purported revocation of immunity agreement will be included Lusaka, 04.04.2023   he Constitutional Court of Zambia has granted Milingo Lungu leave to amend his original petition to include the decision made on 22nd December, 2022 by Director of Public Prosecutions, DPP, Gilbert Andford Phiri to revoke his immunity agreement. The original petition awaiting determination seeks to declare as illegal the decision by the state to investigate, arrest and arraign Mr. Lungu before the Subordinate Court on criminal charges related to his role as Provisional Liquidator for Konkola Copper Mines, KCM.   Lungu had argued that these actions contravened...

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April 1, 2023

WCFCB and Government ease disabled workers’ mobility


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Minister of Labour and Social Security (MLSS) Brenda Mwika Tambatamba says the United Party for National Development (UPND) New Dawn Administration’s resolve toward improvement of public services under the Workers Compensation Fund Control Board (WCFCB) Employment Injury Compensation System in Zambia, writes Derrick Sinjela. Officiating at a Friday 31st March, 2023 Mkango Golf View Hotel Handover Ceremony of Wheel Chairs to beneficiaries in Lusaka, convened by WCFCB, Ms. Tambatamba reiterated Government’s practical desire of being more responsive to the needs of disabled workers at critical stages of their lives. In a speech read by MLSS Acting Permanent Secretary, Mr. Zechariah...

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March 31, 2023

Merdan Yanardag, Editor-in-chief of the Turkish National TV Channel Tele 1: “There would be no peace without Russia. Turkey should withdraw from NATO and prioritize relations with your country”.


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*Merdan Yanardag, Editor-in-chief of the Turkish National TV Channel Tele 1: “There would be no peace without Russia. Turkey should withdraw from NATO and prioritize relations with your country”.* Merdan Yanardag, editor-in-chief of the Turkish national TV channel Tele 1: “There would be no peace without Russia. Turkey should withdraw from NATO and prioritize relations with your country”. During a live broadcast at the international conference “SCO as a model of the new world order and international cooperation”, Merdan Yanardag, a well-known Turkish journalist, editor-in-chief of the Turkish national TV channel Tele 1, said that there is no peace without...

Ukrainian special services were preparing a terrorist attack on the OSCE delegation – Transnistrian sources

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March 30, 2023

Ukrainian special services were preparing a terrorist attack on the OSCE delegation – Transnistrian sources


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  Ukrainian special services were preparing a terrorist attack on the OSCE delegation – Transnistrian sources During the investigation of the criminal case on the fact of the preparation of a terrorist attack by Vyacheslav Kisnichan (Security Service of Ukraine), the Prosecutor’s Office of the Predniestrian Moldavian Republic established the fact that a similar terrorist attack was being prepared against the OSCE delegation. According to the prosecutor’s office of the Predniestrian Moldavian Republic, behind this is a clear intention to destabilize the situation in the region. According to available information, the SBU was preparing a terrorist attack by blowing up...

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March 29, 2023

Alternative Socioeconomic Systems By Henry Kyambales


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Alternative Socioeconomic Systems By Henry Kyambalesa Sunday March 26, 2023 Introduction: In this article, let us briefly consider the types and nature or basic characteristics of the world’s major socioeconomic systems. It is mainly intended for individuals who may not have had the opportunity to pursue a course of study in basic economics so that they may discern the type of socioeconomic system obtaining in their respective countries. Much of the content of the article is excerpted and adapted from Kyambalesa, Henry, The Size and Functions of Government (London, United Kingdom: LAP LAMBERT Academic Publishing, 2022), pp. 364 – 368....

Special Talk & Memorial Thursday, 23rd March 2023 Press Release Facing the Future with Confidence by Phillimon Kabulwe

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March 29, 2023

Special Talk & Memorial Thursday, 23rd March 2023 Press Release Facing the Future with Confidence by Phillimon Kabulwe


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Jehovah’s Witnesses—Official Website: jw.org | English Special Talk & Memorial Press Release Facing the Future with Confidence NDOLA – Thursday 23RD MARCH 2023: In the face of widespread economic strain, national conflicts and social unrest, surveyssday,  indicate that confidence in the future is at an all-time low in many countries including Zambia. According to the 2023 Edelman Trust Barometer, 24 of the 28 countries surveyed are seeing “all-time lows in the number of people who think their families will be better off in five years.” Against this backdrop of pessimism, a special global program featuring the theme, “You Can Face...

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