Category: Business

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

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...

Kasama Police Officer jailed 12 months for corruption

By Derrick Sinjela and Theresa Kalenga The Kasama Magistrate’s Court has sentenced a 34-year-old Police Officer, Arnold Mutunda in Kasama to 12 months imprisonment with hard labour for corrupt practices involving bribery, confirmed Anti-Corruption Commission (ACC) Spokesperson Queen K. Chibwe (Mrs.) in a Monday 30th August, 2021 Press Statement. Mutunda, a Police Officer based at Kasama Police Station was on Friday 27th August 2021, found guilty on Two (2) Counts of Corrupt Practices by a Public officer contrary to section 19 (1) of the Anti-Corruption Act no. 3 of 2012 In Count 1, details are that Mutunda corruptly solicited and...

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

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

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...

“Thanks to Dr. Mizizi Wa Mizizi I have a man who loves me by my side”

Most of us may be familiar with that painful, sinking feeling that follows after being rejected by someone you really liked…or loved. A Zambian lady struggled with one broken relationship after another, having been rejected by each of the men she dated.  A story of a woman being rejected again and again. For anyone who has been rejected by a lover or been in a relationship that seemed to have blossomed then suddenly it withered away and died, the reasons for rejection may not be so clear cut as they would seem. Some of the immediate thoughts border along whether...

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

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

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

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

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 must boost agro-sector, Mundia Paul Hakoola prods Hakainde Hichilema

By Derrick Sinjela Continental Leadership Research Institute (CLRI) Executive Director Mundia Paul Hakoola is urging the United Party for National Development (UPND) Government to place priority on agriculture. As Zambia is positioning herself as an agricultural hub and food basket in the Southern African Development Community (SADC) and Common Market for East and Central Africa (COMESA), Hakoola wants President Hakainde Hichilema to prioritise the agricultural sector. Advised Hakoola: “As the new Government settles, it is imperative for President Hichilema to focus on agriculture. We must utilise our strategic water resources to produce crops to supply around the region. A number...

error: Content is protected !!