Category: Sustainable Development

PeP’s Sean Tembo asks: “Does Zambia really need an IMF bailout loan?


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DOES ZAMBIA REALLY NEED AN IMF BAILOUT LOAN? By Sean Tembo – PeP President 1. DURING his interview on ZNBC last weekend, President Hakainde Hichilema’s newly appointed Minister of Finance Hon. Situmbeko Musokotwane stated that his ministry’s first order of business is to put the country on an IMF programme so as to access an IMF bailout loan. From as far back as 2016 when Hon. Felix Mutati was appointed as Minister of Finance by former President Edgar Lungu, and subsequently applied for a US$1.5 billion IMF bailout loan, l have been strongly opposed to any such loan, let alone...

“UPND Govt. may not employ 70,000 teachers and 40,000 nurses,” worries Dr. Richard Silumbe


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Monday 30_08_2021 Press Statement  by Dr. Richard Silumbe The United Party for National Development (UPND) government may not employ the 70,000 teachers currently unemployed, anytime soon! They may not employ the 40,000 nurses currently unemployed, anytime soon! They may not even raise the salaries for the 900,000 civil servants anxiously waiting for such a pay rise, anytime soon! We understand, because these are secondary jobs! These jobs need a huge revenue base to support such a huge wage bill associated with employing skilled manpower. However, the UPND government can rapidly and resolutely recruit 1,000,000 unskilled or less skilled young people...

Maintain 8.50 per cent MPR, CTPD’s Boyd Muleya prods BoZ


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By Derrick Sinjela and Theresa Kalenga As the Bank of Zambia (BoZ) Monetary Policy Committee (MPC) sets to announce its monetary policy decision on Wednesday 1st September 2021, Centre for Trade Policy and Development (CTPD) Head of Research Boyd Muleya expects the committee to maintain the Monetary Policy Rate (MPR) at 8.50 per cent. In a Tuesday 31st August, 2021 Press Statement on CTPD’S Expectations on the Upcoming Bank of Zambia MPC Decision Announcement, Mr. Muleya insisted on a viewpoint that considering the high overall inflation, any adjustments to the policy rate should be upwards to arrest demand pressures and...

Kelvin Chisanga wants Wednesday 1st September, 2021 BOZ MPR to back restoration of investor confidence!


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Written by: Kelvin Chisanga +260 97 9305194 A STRONG rebound in Zambia’s investor confidence has potentially given birth to a huge impetus in seeing a different set of marginal value pegged against this year’s projected Gross Domestic Product (GDP), though we are still seeing an uphill battle to contain inflation, which has been gaining very little traction towards achieving inflationary target range of 6-8%. Following some essential key economic developments that we have witnessed from metrics such as forex, balance of trade, multilateral engagements of development finance by International Monetary Funds (IMF’s) support base through mechanism such as the injection...

“Let us build Zambian opportunities,” pleads UPPZ’s Charles Chanda


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By Derrick Sinjela and Theresa Kalenga in Lusaka, Zambia UNITED Prosperous and Peaceful (UPPZ) leader Charles Chanda is urging President Hakainde Hichilema to dialogue with him as mining can resolve Zambia’s teething unemployment, income inequality and high poverty, a tripartite woe that has not soared young people. Offering to complement government effort, in a Monday 30th August 2021 Online Facebook Media Engagement themed: ‘Let Us Arise and Take Investment Setiously’, Mr. Chanda argued that ‘Bally’ alone cannot fix the vulnerability confronting the Zambian people. An entreprenuer in his own right, President Chanda is pleading with the New Dawn UPND Alliance...

“Zambian opposition parties are vision less,” taunts Thabo Kawana


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Zambian opposition parties are vision less By Theresa Kalenga United Party for National Development (UPND) Alliance Media Director Thabo Kawana is laughing at opposition politicians for lacking foresight. In an apparent reference to delayed appointment of Cabinet Ministers and Senior Civil Servants, Mr. Kawana argued that it is both ridiculous and ludicrous for such sentiment to be raised. Kawana says the uncoordinated outbursts from the opposition are not worthy debutting, stressing that clearly indicating that the Patriotic Front (PF) and it’s surrogates have not settled down in opposition politics “The UPND Alliance Administration is still in transition and not in...

Zambia Police hunt suspected Chililabombwe defiler


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By Esther Mwaata Katongo Zambia Police Spokesperson Saturday 28th August, 2021 – POLICE in Chililabombwe District of Copperbelt Province are looking for Weston Mwendia for allegedly defiling and impregnating his double orphan grade seven niece aged 14. The sexual abuse is alleged to have occurred on several occasions from April, 2021 at the suspects house in Chililabombwe District where the victim was being kept. The report was made by the grandfather of the victim aged 72 and the victim is reported to be five (5) months pregnant. The victim was staying with her uncle (maternal uncle) now suspect at the...

CiSCA on HH’s victory in the 12th August 2021 General Elections


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By Judith Mulenga Civil Society Constitution Agenda (CiSCA) Chairperson Lusaka, Tuesday 17th August, 2021: THE Civil Society Constitution Agenda (CiSCA) congratulates the people of Zambia for once again demonstrating to ourselves and others of our unshakable belief in democracy. The large numbers that voted and in doing so unequivocally replaced a corrupt stifling dictatorship of President Edgar Chagwa Lungu with that of the President Elect Hakainde Hichilema under very oppressive and repressive conditions is nothing short of a miracle. CiSCA wholeheartedly congratulates the United Party for National Development for affirming the tenets of democracy by the Party’s consistency, perseverance in the...

U.S. Presidential Delegation Attends President Hichilema’s Inauguration


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The United States and Zambia Partnering Together Embassy Of The United States Of America Lusaka, Zambia                                                                                NR/1273/08/26/2021                                                                            CONTACT:  Nicholas Hersh Public Affairs Officer Press Release Thursday August...

Zambia readies for Russian partnership in agro-sector


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Wednesday August 25, 2021 LUSAKA-Zambia is getting ready and positioning itself to be an agricultural hub and food basket for the southern African region. The country which has been predominantly a copper mining economy, is now embracing partnerships from agricultural advanced countries such as Russia, Portugal and China in a stride to diversify its productive sectors. Economic experts have observed that during the first decade of the 21st century Zambia’s economy posted one of the fastest rates of growth in Africa, with its capital Lusaka being among the fastest growing cities on the African continent. Decrease in copper prices has...

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