Category: Business

The African Development Bank Appoints Directors General and Deputy Directors General in Regional Offices

If you cannot read that message click here. APO Group content is copyright free and can be republished at will. Egalement disponible en Français   PRESS RELEASE The African Development Bank Appoints Directors General and Deputy Directors General in Regional Offices As Director General, Central Africa, Serge will drive and ensure the operational efficiency, effectiveness and overall health of the Bank’s portfolio across the Central Africa Region ABIDJAN, Ivory Coast, January 7, 2021/ — The African Development Bank Group (www.AfDB.org) is pleased to announce the appointment of Directors General for the East, Central and Southern Africa regions and Deputy Directors General for the East,...

Mismanagement of K1.3m Covid 19 Fund worries Reverend Canon Emmanuel Chikoya

  By Derrick Sinjela COUNCIL of Churches in Zambia (CCZ) General Secretary Reverend Canon Emmanuel Chikoya is alarmed by the Auditor General’s Report revelations on the mismanagement of COVID-19 resources for the period February to July 2020, amounting to K1.3 million. In a Thursday 24th December 2020 CCZ Statement on Mismanagement of K1.3m Covid 19 Fund, Reverend Canon Chikoya, a banker by profession, noted that the report underscored financial irregularities in the management of COVID-19 resources. Rev. Canon Chikoya regrets that examples highlighted in the report include procurement contracts awarded to suppliers without competition and the engagement by the Ministry...

Academia joins political fray through Political Science Association of Zambia (PSAZ)

By Francis Mwiinga Maingaila and Derrick Sinjela WITH exactly 218 days before the Thursday 12th August 2012, Presidential, Parliamentary and Local Government Elections, academia is increasing its voice through formation of a platform called Political Science Association of Zambia (PSAZ). The Political Science Association of Zambia composed of academician, fellows and professional bodies specialized in research and science, was officially unveiled on Wednesday 6th January 2021 at Cresta Golfview Hotel in Lusaka. PSAZ president Biggie Joe Dambwa (BJD) told journalists during the official launch that their aim is to champion political science literacy on politics and public affairs in Zambia....

Drug Enforcement Commission in Lusaka arrested 7 people; 3 University of Zambia third year students for trafficking 30 grams of cannabis       

PRESS STATEMENT Lusaka, Wednesday 6th January, 2021.  By  Theresa Katongo Public Relations Officer DRUG ENFORCEMENT COMMISSION The Drug Enforcement Commission in Lusaka has arrested Seven (7) people who include three (3) University of Zambia (UNZA) third year students for trafficking in over 30 grams of cannabis contrary to Cap 96 of the Laws of Zambia. The three (3) UNZA students identified as Amadu Bah Mwansa, 22, Siddy Gadjo Mwansa, 22, and Kitonzui Mesala, 24, were found with 12.5 grams of special cannabis and one (1) suspected sachet of heroin. Others arrested include Neyma Camara, 19, Robinson Chibwe, aged 28, Cloud Kabwe, a...

Introduction of Statutory Instrument no. 125 of 2020: Zero-Rating of VAT on fuel

  By Blessings Kafwanka Zambia Institute of Chartered Accountants (ZiCA) Accountancy programmes Value Added Tax, (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production up to the point of sale to the consumer. It is a tax that is incurred by the final consumer of a product or service. Therefore, zero-rating VAT on petroleum products should remove that burden from the final consumer and not anybody else. In Zambia, the VAT rate is currently at 16% and is applicable to supplies of standard-rated goods and services. We...

Press Statement dated Thursday 24th December 2020 on the Police Shooting of Unarmed Citizens in Lusaka, Zambia

      PRESS STATEMENT DATED 24TH DECEMBER 2020 ON THE POLICE SHOOTING OF UNARMED CITIZENS IN LUSAKA By Linda Kasonde Executive Director https://www.linkedin.com/in/linda-kasonde-4025a08/ No. 1 of Plot 6941 Suez Road, Cathedral Hill (Next to the Cathedral of the Holy Cross) P.O. Box 51378 Lusaka, Zambia Tel: +260 211 257001 Email: linda.kasonde@cof.org.zm In any functioning democracy, citizens have the constitutional right to freely assemble and associate. We, the undersigned civil society organisations, note that yesterday United Party for National Development leader Hakainde Hichilema was summoned for questioning at the Police Service Headquarters. We equally note the heavily armed police presence on the...

Wednesday 23rd December 2020 Council of Churches in Zambia General Secretary Reverend Canon Emmanuel Chikoya Statement on the Alleged Raping of a 17-Year-Old Kamanaga Boy

By Michael Mazakaza (Mr) Communications Officer COUNCIL OF CHURCHES IN ZAMBIA, Stand No. 377A, Ecumenical Centre Bishops Road, Kabulonga P.O. Box 30315, LUSAKA Tel: 260-211-267739; (+260) 977 571535/967420600 www.ccz.org.zm   COUNCIL of Churches in Zambia (CCZ) General Secretary (GS) Reverend Canon Emmanuel Chikoya has received with shock the alleged defilement of a 17 year old boy of Kamanga Township in Lusaka by his female employer of Salama Park in Lusaka where the boy worked from. Reverend Canon Chikoya found it alarming to learn that the husband to the woman in question was part of the abhorrent and illegal act as he...

Broadcom Records 250% Revenue Growth Since 2015, R&D Expenses Surge Amid 5G Take Off

Data presented by Buy Shares indicate that semiconductor manufacturer Broadcom’s research and development expenses have soared by 51%. The expenses are for the period between 2017 and 2020. Broadcom’s China revenue drops as US increases In 2017, the costs amounted to $3.29 billion, while last year, the number stood at $4.97 billion. In 2018, the expenses was $3.77 billion while in 2019, the figure stood at $4.7 billion. The research also overviewed the company’s revenue which has grown by 250.29% between 2015 and 2020. Last year, the revenue was at $23.89 billion, while in 2015, Broadcom recorded $6.82 billion in revenue. In...

H.E. Cyril Ramaphosa, President of South Africa confirmed for Mining Indaba Virtual

              President of South Africa has confirmed to deliver the presidential keynote address at the upcoming Mining Indaba Virtual LONDON, United Kingdom, January 5, 2021/ — Investing in African Mining Indaba (Mining Indaba) (https://MiningIndaba.com), part of Hyve Group Plc is honoured to announce that His Excellency, Cyril Ramaphosa, President of South Africa has confirmed to deliver the presidential keynote address at the upcoming Mining Indaba Virtual. Following last year’s announcements, H.E. Cyril Ramaphosa will be joining the already confirmed president of the Democratic Republic of Congo (DRC), His Excellency, Félix Tshisekedi and H.E. Julius...

Cameroon’s Anglophone Crisis Lacks Leadership; The U.S. Can Help Fill the Void

Cameroon’s Anglophone Crisis Lacks Leadership; The U.S. Can Help Fill the Void

By Jeffrey Smith (bit.ly/3neAyFK) is the Founding Director of Vanguard Africa. Distributed by APO Group on behalf of Vanguard Newspapers.   The Anglophone crisis has registered among the world’s ‘most neglected,’ according to assessments by the Norwegian Refugee Council LAGOS, Nigeria, January 5, 2021/ — Over the last several years, since at least 2016, an inconceivably violent conflict has ravaged the Central African nation of Cameroon. The daily barrage of bloody images posted to social media and the accounts of cruelty and likely war crimes (bit.ly/2Xab15Z) have – at least to date – not been enough to galvanize meaningful or...

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