Rainbow news zambia

Under19 Cricket National Team Up Beat for Division Two World Cup Qualifiers

By Bunda Ashton Kelly aka (BAK2BAK) Zambia Cricket Union (ZCU) president Rueben Chama says Zambians should have confidence in the newly built under 19 cricket national team competing for a 9th to 19th September 2016 Division Two World Cup qualifiers in the South Africa city of Benoni,reports Pan African Radio Journalist Ashton Kelly Bunda. Speaking during a ‘Sendoff Ceremony’ at Lotus Cricket Sports Club in Lusaka, Chama implored Zambians to support the new team whose oldest player at 17-years-old as doing so will shape the future of local cricket in Zambia. The Zambia Cricket Union President appealed to the...

2016 Namibia COSAFA CASTLE CUP FLAGS OFF

Sports

November 21, 2016

2016 Namibia COSAFA CASTLE CUP FLAGS OFF

By John Dino Banda The 16th Edition of the Council of Southern Africa Football Association (COSAFA) kicked off yesterday in the Namibia’s capital Windhoek, reports Pan African Radio Entertainment and Sports Journalist John Dino Banda. The tournament that has attracted a lot of fans within the Southern African Development Community (SADC) region, viewed as a soccer talent development platform on which lucrative leagues in Europe can scout talented players. The competition started in 1997, and saw Zambia winning the first edition, has seen a format in which again only two groups- namely Group A consisting of Zimbabwe, Swaziland, Madagascar and...

Africa Finance & Investment Forum (AFIF) Entrepreneurship Award 2017 officially open to all African-based entrepreneurs Cash prize and yearlong media promotion to be offered to AFIF 2017 Entrepreneurship Award winner BRUSSELS, Belgium, November 21, 2016/ — AFIF 2017’s focus is to promote access to finance and strengthen entrepreneurship in Africa. To achieve this, EMRC (www.EMRC.be) is launching the annual “AFIF Entrepreneurship Award” (http://APO.af/YUVthk), calling all African-based entrepreneurs to participate in this renowned award, which will be followed by international partners, leading African businesses and international media. This year’s award, as previous years, will be sponsored by Rabobank Foundation and the winner, an existing African small-medium business, will receive a US$10.000,00 cash prize, yearlong media promotion support in and out of Africa, free participation in the AFIF 2017, including the pre-conference Training. “The AFIF Entrepreneurship AWARD aims to spotlight leading innovation private sector projects happening today in Africa. This is the moment when entrepreneurs can showcase their remarkable achievements, where partners and participants get to know about outstanding projects which are pushing boundaries in their community and country and where other entrepreneurs can be inspired and receive much-needed know-how,” says Inês Bastos, Senior Project Manager at EMRC and head of AFIF 2017. Applications (http://APO.af/YUVthk) must be sent to EMRC (sa@EMRC.be) by December 19th, 2016. In parallel with past winners, the current holder of the Award, Lazaro Mwakipesile, head of Raphael Group (Tanzania), has seen a vast change since participating in the competition. “I am now internationally known. Since AFIF 2015, I have travelled abroad four times for presentation and defending of proposals. Furthermore, I expect to travel to USA this December 2016 for a meeting at Bill and Melinda Gates Foundation,” he explains. Simply participating in the Award can have important repercussions. Wachira Kariuki, CEO of Classic Foods, who was named runner up in 2015, has also experienced positive change since attending and presenting his business to the international audience. “During AFIF 2015, I met the team from Rabobank who have since provided funding to Classic Foods. Rabo Rural Fund gave Classic Foods a US$1 Million as part of matching grant for soya bean project in Kenya and Uganda that have partnered with UKAID (DFID) as well as matching grant for a new camel milk factory we are constructing in Northern Kenya which is arid area. We couldn’t have asked for more, and this is all thanks to having gone to AFIF 2015 and participated in the Entrepreneurship Award,” he adds. An unforgettable moment which receives considerable international press coverage, the Award has been won by a unique group of African entrepreneurs(http://APO.af/vm7HzT) which include: Magloire N’Dakon (2014) awarded the prize for his innovative project, Extended Finance, in Ivory Coast; Marie-Claire Matamba (2013) head of Agrimat Gabon; Anastácio Roque representing CESACOPA (2012) from Angola, Suzanne Belemtougri (2011) head of Sophavet and hailing from Burkina Faso as well as Derek Kwesiga (2009) head of Derekorp from Uganda. This year’s Africa Finance & Investment Forum (AFIF) (http://APO.af/y28Bux) will focus on “Entrepreneurship and Innovation for Growth” and will be held for the first time in the vibrant city of Nairobi, Kenya, hosted by the Strathmore University, taking place from 15th – 16th February 2017. AFIF 2017 will gather over 300 delegates from all over Africa, Europe, America and Middle East. EMRC will organise a pre-conference training on “A Road-map for Entrepreneurship Growth” (13th -14th February 2017). The training is addressed exclusively to AFIF 2017 participants and will be divided in two linguistic groups (English and French). As Wachira Kariuki concludes, “My advice to participants especially the entrepreneurs is to make use of the opportunity to make the right contacts and learn from participants. The training session for the entrepreneurs is critical for fund raising. Sharing ideas and experiences with other business people is key to success.” Full interview of Lazaro Mwakipesile: http://APO.af/j4DYUs. Full interview of Wachira Kariuki: http://APO.af/SN57XP. To have an overview of what happened at AFIF 2015 and listen to the Entrepreneurship Award nominees and winner, watch the video. Distributed by APO on behalf of EMRC. View multimedia content For further information concerning speaking opportunities and sponsorship, please contact: Ines Bastos (Sr Project Manager) Email: ib@EMRC.be Tel: +32. 26 26 15 15 Social Media: Follow us on Twitter (https://Twitter.com/#!/_EMRC_), Facebook (www.Facebook.com/EMRC.International), LinkedIn (www.LinkedIn.com/company/EMRC), YouTube (http://APO.af/cDCWxz) and Flickr (Flickr.com/photos/_EMRC_). About EMRC: Established in 1992 in Brussels, EMRC (www.EMRC.be) is a non-governmental organisation composed of a network of entrepreneurs, financiers, consultants and officials based throughout the world. EMRC’s mission is to lead the private sector in Africa to sustainable economic development and to drive regional change via partnerships. About the Entrepreneurship Award: EMRC launched the first Awards (www.EMRC.be/highlight/awards) in 2008 at the FAO Rome, with the objective of encouraging innovation and entrepreneurship in Africa amongst forum participants. The EMRC Awards (Project Incubator Award and AFIF Entrepreneurship Award) are presented at EMRC two main business forums: Agribusiness & the Africa Finance & Investment Forum. A call is sent out for entrepreneurs to put forward their project proposals. Finalists present their business projects during the forum’s plenary session and the winning project is announced at the gala/ networking event. About AFIF: The Africa Finance & Investment Forum (AFIF) (http://APO.af/Kist8c) is an annual business event organized in the framework of EMRC International’s activities, aimed at strengthening the private sector in Africa, encouraging entrepreneurship and attracting investment to the African continent. AFIF has a double objective: to strengthen the financial capacities of Africa’s private sector and to promote the creation of new partnerships through the encouragement of joint projects and trade relations North-South & South-South.

Business / Latest News

November 21, 2016

Africa Finance & Investment Forum (AFIF) Entrepreneurship Award 2017 officially open to all African-based entrepreneurs Cash prize and yearlong media promotion to be offered to AFIF 2017 Entrepreneurship Award winner BRUSSELS, Belgium, November 21, 2016/ — AFIF 2017’s focus is to promote access to finance and strengthen entrepreneurship in Africa. To achieve this, EMRC (www.EMRC.be) is launching the annual “AFIF Entrepreneurship Award” (http://APO.af/YUVthk), calling all African-based entrepreneurs to participate in this renowned award, which will be followed by international partners, leading African businesses and international media. This year’s award, as previous years, will be sponsored by Rabobank Foundation and the winner, an existing African small-medium business, will receive a US$10.000,00 cash prize, yearlong media promotion support in and out of Africa, free participation in the AFIF 2017, including the pre-conference Training. “The AFIF Entrepreneurship AWARD aims to spotlight leading innovation private sector projects happening today in Africa. This is the moment when entrepreneurs can showcase their remarkable achievements, where partners and participants get to know about outstanding projects which are pushing boundaries in their community and country and where other entrepreneurs can be inspired and receive much-needed know-how,” says Inês Bastos, Senior Project Manager at EMRC and head of AFIF 2017. Applications (http://APO.af/YUVthk) must be sent to EMRC (sa@EMRC.be) by December 19th, 2016. In parallel with past winners, the current holder of the Award, Lazaro Mwakipesile, head of Raphael Group (Tanzania), has seen a vast change since participating in the competition. “I am now internationally known. Since AFIF 2015, I have travelled abroad four times for presentation and defending of proposals. Furthermore, I expect to travel to USA this December 2016 for a meeting at Bill and Melinda Gates Foundation,” he explains. Simply participating in the Award can have important repercussions. Wachira Kariuki, CEO of Classic Foods, who was named runner up in 2015, has also experienced positive change since attending and presenting his business to the international audience. “During AFIF 2015, I met the team from Rabobank who have since provided funding to Classic Foods. Rabo Rural Fund gave Classic Foods a US$1 Million as part of matching grant for soya bean project in Kenya and Uganda that have partnered with UKAID (DFID) as well as matching grant for a new camel milk factory we are constructing in Northern Kenya which is arid area. We couldn’t have asked for more, and this is all thanks to having gone to AFIF 2015 and participated in the Entrepreneurship Award,” he adds. An unforgettable moment which receives considerable international press coverage, the Award has been won by a unique group of African entrepreneurs(http://APO.af/vm7HzT) which include: Magloire N’Dakon (2014) awarded the prize for his innovative project, Extended Finance, in Ivory Coast; Marie-Claire Matamba (2013) head of Agrimat Gabon; Anastácio Roque representing CESACOPA (2012) from Angola, Suzanne Belemtougri (2011) head of Sophavet and hailing from Burkina Faso as well as Derek Kwesiga (2009) head of Derekorp from Uganda. This year’s Africa Finance & Investment Forum (AFIF) (http://APO.af/y28Bux) will focus on “Entrepreneurship and Innovation for Growth” and will be held for the first time in the vibrant city of Nairobi, Kenya, hosted by the Strathmore University, taking place from 15th – 16th February 2017. AFIF 2017 will gather over 300 delegates from all over Africa, Europe, America and Middle East. EMRC will organise a pre-conference training on “A Road-map for Entrepreneurship Growth” (13th -14th February 2017). The training is addressed exclusively to AFIF 2017 participants and will be divided in two linguistic groups (English and French). As Wachira Kariuki concludes, “My advice to participants especially the entrepreneurs is to make use of the opportunity to make the right contacts and learn from participants. The training session for the entrepreneurs is critical for fund raising. Sharing ideas and experiences with other business people is key to success.” Full interview of Lazaro Mwakipesile: http://APO.af/j4DYUs. Full interview of Wachira Kariuki: http://APO.af/SN57XP. To have an overview of what happened at AFIF 2015 and listen to the Entrepreneurship Award nominees and winner, watch the video. Distributed by APO on behalf of EMRC. View multimedia content For further information concerning speaking opportunities and sponsorship, please contact: Ines Bastos (Sr Project Manager) Email: ib@EMRC.be Tel: +32. 26 26 15 15 Social Media: Follow us on Twitter (https://Twitter.com/#!/_EMRC_), Facebook (www.Facebook.com/EMRC.International), LinkedIn (www.LinkedIn.com/company/EMRC), YouTube (http://APO.af/cDCWxz) and Flickr (Flickr.com/photos/_EMRC_). About EMRC: Established in 1992 in Brussels, EMRC (www.EMRC.be) is a non-governmental organisation composed of a network of entrepreneurs, financiers, consultants and officials based throughout the world. EMRC’s mission is to lead the private sector in Africa to sustainable economic development and to drive regional change via partnerships. About the Entrepreneurship Award: EMRC launched the first Awards (www.EMRC.be/highlight/awards) in 2008 at the FAO Rome, with the objective of encouraging innovation and entrepreneurship in Africa amongst forum participants. The EMRC Awards (Project Incubator Award and AFIF Entrepreneurship Award) are presented at EMRC two main business forums: Agribusiness & the Africa Finance & Investment Forum. A call is sent out for entrepreneurs to put forward their project proposals. Finalists present their business projects during the forum’s plenary session and the winning project is announced at the gala/ networking event. About AFIF: The Africa Finance & Investment Forum (AFIF) (http://APO.af/Kist8c) is an annual business event organized in the framework of EMRC International’s activities, aimed at strengthening the private sector in Africa, encouraging entrepreneurship and attracting investment to the African continent. AFIF has a double objective: to strengthen the financial capacities of Africa’s private sector and to promote the creation of new partnerships through the encouragement of joint projects and trade relations North-South & South-South.

Africa Finance & Investment Forum (AFIF) Entrepreneurship Award 2017 officially open to all African-based entrepreneurs Cash prize and yearlong media promotion to be offered to AFIF 2017 Entrepreneurship Award winner BRUSSELS, Belgium, November 21, 2016/ — AFIF 2017’s focus is to promote access to finance and strengthen entrepreneurship in Africa. To achieve this, EMRC (www.EMRC.be) is launching the annual “AFIF Entrepreneurship Award” (http://APO.af/YUVthk), calling all African-based entrepreneurs to participate in this renowned award, which will be followed by international partners, leading African businesses and international media. This year’s award, as previous years, will be sponsored by Rabobank Foundation and the winner,...

Philemon Mwansa Chisanga aka Typical PMC -A ‘New Kid on block’

Entertainment / Latest News

November 21, 2016

Philemon Mwansa Chisanga aka Typical PMC -A ‘New Kid on block’

Philemon Mwansa Chisanga is without mincing words a ‘New Kid on block’ ‘dancing to the bank’ by the stage tagline ‘Typical PMC, and you GUESSED RIGHT …he has just Dropped his new song titled Mutima literally translated “My Heart” pro…by Big Bizzy .PMC Expresses his gratitude about his new song this that features Tyce and Drifter Trek beat by Dre son of silent erase. We are likely to start the video shoot for song probably….watch THIS space!!!

AFRICAN COUNTRIES NOT BENEFITING FROM LOW OIL PRICE DUE TO CURRENCY DEPRECIATION

Sustainable Development

November 21, 2016

AFRICAN COUNTRIES NOT BENEFITING FROM LOW OIL PRICE DUE TO CURRENCY DEPRECIATION

AFRICAN COUNTRIES NOT BENEFITING FROM LOW OIL PRICE DUE TO CURRENCY DEPRECIATION Indeni Petroleum Refinery Board Chairman, Mr. Johnstone Chikwanda, who is also Energy Forum Zambia Chairperson, has pointed out that with the depressed oil price on the global market, one would have thought that this would advantage African countries by enabling them to pass on the benefits of low price to consumers. “The scenario is totally the opposite. Africa has not benefited at all to a point that some countries have actually been increasing pump prices during this period.” Mr. Chikwanda said it was a painful missed opportunity for...

Gender & health

November 21, 2016

Zambia’s appalling health services

By Derrick Sinjela Despite persistent complaints by Zambians over poor work altitudes and ethics by health personnel in the country, the trend has worsened with most nurses and doctors taking casual approaches to patient need. Recently, a middle aged woman gave birth in lobby of the University Teaching Hospital (UT) maternity wing on Saturday while waiting to be attended to, a development which incensed. The incidence happened around 17:30 hours and had to take quick action by visitors covering the woman with Chitenge materials as they waited for health workers to help the expectant mother. After a while, a nurse...

Standard Chartered Bank embraces Zambia’s mining sector

By Zambia Informer Standard Chartered Bank remains committed to assisting in the development of the mining sector in Zambia as evidenced by the support rendered to one of the greenfield projects-Kalumbila, a unit of First Quantum Minerals Ltd., says Zambia’s Chief executive officer, Andrew Okai. “We are committed to working in Zambia and assist in the development of the mining industry on old and new projects……..we were, we are and have remained instrumental in the financing of one of the Greenfield projects which is contributed greatly to the growth of the industry, so, we are here for good.” He added during...

MAKEMBO HAILS PRESIDENT LUNGU AND URGES THE NATION TO RALLY BEHIND CHIPOLOPOLO

By John Dino Banda and Derrick Sinjela Zambia Sports fans Association (ZASPOFA) President Peter Makembo has praised President Edgar Chagwa Lungu for the overwhelming support rendered to his sporting group, through chartering a plane to Cameroon. Pastor Makembo showered gratitude on President Lungu, stating that the presidential gesture contributed to Chipolopolo lads securing a good result against the indomitable lions in Yaoundé.` Despite a poor start, Pastor Makembo expressed optimism that Zambia will qualify to the 2018 International Federation of Football Associations (FIFA) Russia World Cup finals being hosted by President Vladmir Putin. Meanwhile, Pastor Makembo praised Chipolopolo Coach Wedson...

Protect Vulnerable People, Chenai Mukumba prods Zambian Government

Ashton Kelly Bunda and Derrick Sinjela Consumer Unit Trust Society (CUTS) International Center Coordinator Chenai Mukumba says Government and Stakeholders have huge targets to score after Finance Minister Felix Chipota Mutati presented a K64.5 billion tight 2017 budget. In her mixed feeling reaction, Ms. Mukumba advised Mr. Mutati through Secretary to the Treasury Fredson Yamba to engage other think-tanks beyond Zambia Institute for Policy Analysis and Research (ZIPAR) and Policy Monitoring Research Centre (PMRC) to crossover to recovery. Making a description on how Zambia Institute for Policy Analysis and Research (ZIPAR) scrutinized and analyzed the 2017 National budget dubbed “...

Empower Zambia’s Entrepreneurship Spirit pleads Maambo Hamaaundu

Business

November 18, 2016

Empower Zambia’s Entrepreneurship Spirit pleads Maambo Hamaaundu

By Ashton Kelly Bunda Financial Analyst Maambo Hamaaundu observed that the spirit of entrepreneurship among women has been killed in Zambia following Governments imposition of tax on imported cooking oil, toiletries and other commodities. Mr. Hamaaundu noted that lack of value addition machinery in Zambia compels women entrepreneurs to import commodities manufactured from groundnuts and soya beans. While supporting competition and variety in a free market economy, Hamaaundu pointed toward encouraging a balance between products imported by Zambian female entrepreneurs and locally manufactured goods and products. “It is sad that women have not been given a chance to manufacture or...