Category: Sustainable Development

Access to Information Bill: is this the start of New Dawn summersaults?

  By Nicholas Bwalya It is 20 years since proponents of the Access to Information (ATI) Bill begun their advocacy to have this important law enacted. Governments have come and gone, MMD and PF regimes all leaving the Bill to gather dust on the shelves of the Ministry of Information.   The PF government was even more daring than the MMD because in its manifesto of 2011 to 2016, the party pledged to enact the Bill into law. But as they say the rest is history. In a country that is among the top of the Corruption Perception Index, enacting...

Zanaco Daily Treasury Newsletter

  Contact the Zanaco Treasury Team: Virginia Mwalilino (0977 561166), Nyangu Mwansa (0977 600228), Mudenda Sikapoto (0977 796025), Nana Mukwiza (0966 745656) ,Roy Mbazima (0977199495), Jibinga Jibinga (0977 836332), Kawang’u Sakuwaha (0972 973318) Landlines: +260-(211)-425 795/425 796/425 798/4257 99/+260 977 915903/+260 961 050352 Local Currency Markets Thursday’s session saw the local currency trade within its newly established range as it continues to battle for support in a dollar strained market. The kwacha made marginal loses to close at K17.4550/17.5050 on the bid and the offer respectively against it opening levels of K K17.4200/17.4700 per dollar. The kwacha is anticipated to...

Government not selling Times of Zambia, assures Chushi Kasanda-Jangulo

Zambian Government not selling Times of Zambia, assures Chushi Kasanda-Jangulo By Derrick Sinjela and Saeed Simon Banda in Lusaka, Zambia THE Government of the Republic of Zambia (GRZ) is not selling the Times of Zambia (ToZ) says Minister of Information and Media and Chief Government Spokesperson Chushi Kasanda-Jangulo. In a Thursday, 5th May, 2022 Statement on the Times Printpak Zambia Limited, Ms. Kasanda-Jangulo allayed fear raised that Government intends to sell the ToZ. Referring to a Wednesday, 4th May, 2020, as part of the commemoration of the World Press Freedom Day (WPFD), Brainstorming Session, Kasanda-Jangulo recollected that President Hakainde Hichilema...

“GOD IS NOT A SOCIALIST [On Labour, its Day, and Other Imperatives] ___________________ Neither is He a Capitalist,” prods Dr. Canisius Banda

GOD IS NOT A SOCIALIST [On Labour, its Day, and Other Imperatives] ___________________ Neither is He a Capitalist. On days like Labour Day, we must deeply reflect on the origins, wellbeing and future of work. Through such careful reflection, we must then fashion a future that is harmonious for all concerned with reference to work/labour and workers. A curious and noteworthy phenomenon is that nearly all political parties in Zambia acknowledge God as the supreme authority of all guidance. This is encouraging, God being the embodiment of THE SOURCE. And yet, nearly all their manifestos do NOT accurately reflect this...

GARY, THE ECONOMY and THE KACHASU FIASCO [Rule of the jungle, prejudice and Torture]

  GARY, THE ECONOMY and THE KACHASU FIASCO [Rule of the jungle, prejudice and Torture] ___________________ Gary NKOMBO is my FRIEND. I like his dress sense and love for fashion. As his Vice President in the UPND, there was a time I even passionately campaigned for him in his constituency in Mazabuka. I saw a promising FUTURE in him, such an articulate and passionate young Zambian. But the Gary we are seeing today has MORPHED. I don’t know what he is high on or whether he is using drugs. He seems unhinged. He has become a monster, a dangerous creature...

ZANACO Treasury Newsletter Tuesday, 26th April, 2022

  Contact the Treasury Team: Virginia Mwalilino (0977 561166), Nyangu Mwansa (0977 600228), Mudenda Sikapoto (0977 796025), Nana Mukwiza (0966 745656) ,Roy Mbazima (0977 199495), Jibinga Jibinga (0977 836332), Kawang’u Sakuwaha (0972 973318) Landlines: +260-(211)-425 795/425 796/425 798/4257 99/+260 977 915903/+260 961 050352 Local Currency Markets Local Money Markets Monday’s USD/ZMW currency trading saw the local unit trading give up Market liquidity was ZMW2,505.04 million from ZMW1,486.32 million record some gains against the US dollar on the back of reduced supply flows for the ordered earlier while interbank activity was ZMW498.00 million from day. The Zambian Kwacha opened trading at...

First National Bank Zambia Economic Update – April 2022

First National Bank Zambia Economic Update – April 2022 LUSAKA, Zambia – 26 April 2022 – Following a significant rebound estimated at 3.6% in 2021, Zambia’s economy remains on a path of recovery. Rand Merchant Bank (RMB), the corporate and investment banking arm of FirstRand Bank Limited – of which FNB Zambia is also a division, is expecting the economy to grow to 4.8% in 2022 before stabilizing at 4.0% in 2023. “We note that in 2022 growth in the secondary industry is likely to maintain its momentum, specifically electricity, manufacturing and construction, given ongoing projects in these areas,” says...

HH is winning 2021 elections, …Change is a must, predicts Guy Lindsay Scott …as Hakainde Hichilema and Edgar Chagwa Lungu fight on twitter

HH is winning 2021 elections, …Change is a must, predicts Guy Lindsay Scott …as Hakainde Hichilema and Edgar Chagwa Lungu fight on twitter By Derrick Sinjela AS Zambians prepare to cast the vote on Thursday 12th August 2021 Presidential, Parliamentary and Local Government Election, former first White Republican Head of State, Dr. Guy Lindsay Scott has insisted that change is inevitable. Hosting United Party for National Development (UPND) Alliance aspirant for the Mazabuka Central parliamentary seat, Gary Nkombo, at his Lusaka East residence, Dr. Scott, now serving as a Senior Advisor to Hakainde Hichilema, said political change is definitely coming....

Meet Witchdoctor who sent bees to attack thieves into confession

  Meet Witchdoctor who sent bees to attack thieves into confession Mohammed Makata shot to fame last week after it emerged that he was behind the mysterious swarm of bees that attacked a suspected car thief in Katuba Town forcing into surrendering to police to confess his sins. It was reported that, while pausing as a client who wanted to hire the car, Joe Sikadigu — the suspected car thief — spiked the car owner’s drink at a local pub, as they negotiated the price before driving it off. Upon regaining consciousness, John Phiri, a well-known car hire dealer in...

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