Thursday, 31 May 2012

BOZ maintains its policy rate at 9percent.


The bank of Zambia has observed that the improved supply of maize, fish and fresh vegetables on account of seasonal factors and the expected reduction in meat prices following the ban of maize and wheat ban exports will have a dampening effect on food inflation.

Government Joint Investigations Team formally arrest and charge former president rupiah banda's son Andrew

The Government Joint Investigations Team has today formally arrested and charged Mr. Andrew Bwezani Banda, Zambia’s Deputy High Commissioner to India.

235 SL smith workers in chingola risks of losing their employment after KCM reminated their company's 3years contract


About 235 SL Smith Company Employees In Chingola Are At Risk Of Losing Their Employment Come 14th June 2012 If They Do Not Join The New Company Which Konkola Copper Mines (KCM) Has Sub Contracted To Maintain Both Its North And East Concentrators.

Zambian Gov't selects barclays bank/ABSA and deutsche bank of germany as book runners for the $500million 10years bond.


Government Has Selected Barclays Bank/Absa And Deutsche Bank Of Germany As Book Runners For A Debut $500 Million 10 Years Eurobond.

Monday, 28 May 2012

andrew banda fails to appear before the government investigative team again


Former republican president rupiah Banda’s son Andrew this morning failed to appear before the government joint investigative task force team.

Sunday, 27 May 2012

operations at nakonde border and kapiri mposhi resumes after ZRA management dicussed contentious issues with clearing agents


The Situation At Nakonde Border And Kapiri Mposhi Posts Has Returned To Normal After Zambia Revenue Authority Management Discussed The Contentious Issues With The Aggrieved Parties Amongst Clearing Agents Who Went On Protest

Saturday, 26 May 2012

DEC arrests a sales supervisor, a farm manager and a clearing agent for forgery and attempting to obtain money by false pretences


The Drug Enforcement Commission has arrested a Sales Supervisor, a Farm Manager and a Clearing Agent, for forgery and attempting to obtain money by false pretences.

Friday, 25 May 2012

Joint Investigations Team formally charges and arrests 7 depot and co-operative employees for Theft by Agent


The Government Joint Investigations Team has formally charged and arrested Seven (7) depot and co-operative employees for Theft by Agent contrary to section 272 and 278 of the Penal code, Cap 87 of the Laws of Zambia.

D.E.C arrests BY'S wife MARGRET KANKUNGU LOMBE MWILA


The Drug Enforcement Commission has arrested the Wife to Mr B.Y. Mwila and a Finance Manager of Wade Adams Piling and Foundations Zambia Limited for issuing cheques on an insufficiently funded account and money laundering.
Mrs Margaret Kakungu Lombe Mwila, 50, of Plot No. 9721 Chudleigh Lusaka, has been arrested and jointly charged with Mr Hartwell Chazya Sikaundi, 67, the Finance manager of Flat No. 4 Impala Court Northmead Lusaka, for issuing two (02) cheques on an insufficiently funded account. This is contrary to Section 33 (i) of the National Payment Systems Act No. 1 of 2007.
It is alleged that the two, in their capacities as Director and Finance Manager, respectively, of Wade Adams Piling and Foundations Zambia Limited, wilfully, dishonestly and with intent to defraud, issued two (02) cheques amounting to K70 million on an insufficiently funded account as payment for two motor vehicles, a Toyota Nadia and a Nissan Datsun Pickup from Tokyo Vehicles Limited.
The suspects will appear in court soon.

Thursday, 24 May 2012

Government Joint Investigations Team formally charge and arrest. Godwin Daka aged 55 for forgery


The Government Joint Investigations Team has formally charged and arrested Mr. Godwin Daka aged 55, a Ministry of Agriculture and Livestock Extension Officer of Ndake Camp in Nyimba on the following three offences:

1. Forgery Contrary to Section 347 of the Penal Code, Cap 87 of the Laws of Zambia.
2. Fraudulent False Accounting Contrary to Section 326 of the Penal Code, Cap 87 of the Laws of Zambia
3. Uttering a False Document Contrary to Section 352 of the Penal Code, Cap 87 of the Laws of Zambia

Particulars of the Offence are that Mr. Daka whose job was to Certify Maize, before the FRA deport buyers could purchase from Farmers, falsified and uttered FRA documents which include Certificates of Quality and Quantity Receipts worth millions of kwacha.

Mr. Daka is also still under investigations for the offence of Theft by Servant on failure to account for money in excess of K600million.

Mr. Daka is currently detained at Nyimba Police Station and will be appearing before the Nyimba Magistrate Court Soon.

Tuesday, 22 May 2012

Transport, Communication, Works And Supply Minister Yamfwa Mukanga Observes That Despite Price Compression In The Communications Industry, Access To Broad Band In Zambia Remains Very Expensive.


Transport, Communication, Works And Supply Minister Yamfwa Mukanga Has Observed That Despite Price Compression In The Communications Industry, Access To Broad Band In Zambia Remains Very Expensive And Out Of  Reach To Many Zambians.

ZIMBA becomes another district in southern province apart from pembaa


His Excellency Mr Michael Chilufya Sata, President of the Republic of Zambia, has with immediate effect created Zimba as a new district in Southern Province.

DEC moves in to stop bob marley concert for drug abuse


The Drug Enforcement Commission (DEC), instituted investigations into what transpired at the Bob Marley concert.

ZLA notes that the first draft constitution does not adequately address the challenges faced by zambians in land use and adminsitration.


Zambia Land Alliance (ZLA) has noted that the first draft constitution released by the technical committee on the constitution does not adequately address the challenges faced by Zambians in land use and administration, particularly customary land.

Saturday, 19 May 2012

TALC calls for the establishment of an HIV/AIDS FUND


Treatment advocacy and literacy campaign (TALC) has called for establishment of an HIV/AIDS fund under the new patriotic government which will help fund all HIV/AIDS related problems which the country is facing.
TALC Country coordinator Felix mwanza says it is disappointing to note that the country still largely depend on donors to fund HIV/AIDS related programmes in the country 10years down the line without  considering setting up its on fund which would help in the event that donors pulled out.
Mr mwanza says there is need for patriotic front government to expedite this process more so that some embassies have already started pulling out due to the euro zone economic crises such as Denmark.
The TALC Coordinator who was speaking in an interview with radio phoenix says it is shameful and disgraceful to continuously depend on donors who give the country the funds.
Meanwhile He has pointed out that TALC is happy with the mechanisms which government has put in place to ensure that the country does not receive counterfeit HIV/AIDS related drugs.
recently United Nations (UN) Under-Secretary-General urged African nations to locally mobilise resources for HIV treatment and strategise on manufacturing drugs within the continent.
Briefing African diplomats accredited to the UN at the African Union (AU) offices in New York on the topic: 'recent developments in the AIDS response with a focus on the impact of the financial crisis and Africa's dependence on external funding', UNAIDS executive director Michel Sidibé said the continent had in the last 10 years made impressive progress in combating HIV/AIDS.
Mr Sidibé, a Malian national, urged Africans to sustain the gains made so far However, noted that between 80 and 90 per cent, and in some countries 100 per cent, of people on HIV treatment relied on external resources mostly coming from the Global Fund and US President's Emergency Plan for AIDS Relief (PEPFAR).
He expressed concern that almost 25 to 30 per cent of the medicines on the market nowadays were counterfeit.
Mr, sidibe further explained that between 90 and 95 per cent of medicines consumed in Africa were manufactured abroad particularly in Asia.
And African diplomats pledged their support to combat HIV/AIDS and their Governments' commitment to mobilise local resources

Thursday, 17 May 2012

Wednesday, 16 May 2012

RDA awards a 27.7billion kwacha mansa chembe road to inyatsi road zambia limited


The Road Development Agency (Rda) Has Awarded A Contract  Sum Of 27.7 Billion Kwacha To  Inyatsi Road Zambia Limited For The Periodic Maintenance Of Approximately 91 Killometers Of The Mansa – Chembe Road  In Luapula Province.

Tuesday, 15 May 2012

NEW african human development report of 2012 reveals that the sub-sahrana africa countries continues to face challenges of food security


The first ever African human development report for 2012 has revealed that despite impressive statistics on economic growth, food security improvements in sub-Saharan Africa have not been commensurate with the high economic growth rates.

Thursday, 10 May 2012

joint government investigative wings seizes 10motor vehicles worthy millions of kwacha from 3 kalomo brief case and a lady


The Joint Government Investigative Wing Officers from Lusaka have seized 10 Motor Vehicles worth Millions of kwacha from three Kalomo brief case Business men and a lady working for Zambia National service.
According to acting public relations officer the joint investigative wings Namukolo Munyeme Kasumpa, the vehicles include an unregistered Freelander, two Prado Land cruisers, four Freightliner horses, two refrigerated Volvo trucks and one unregistered BMW. 
Mrs kasumpa says All the 10motor vehicles which are currently parked at Kalomo Police station were seized in connection to the FRA Maize Fraud.
she says the three men and the lady are being investigated for having received payments from different FRA depots in Kalomo for maize supply which they never supplied.
Mrs kasumpa says the lady who is a civil servant is said to be the owner of one of the Volvo refrigeration trucks adding that  Her mother was earlier arrested in connection with the maize scum and will appear in Kalomo Magistrate Court tomorrow, Friday the 11th of May 2012.

In the same maize scam mrs kasumpa says a 32 year old man namely Victor Hamuvwimi of Zimwidele village, Chief Chikanta’s area, of the Kalomo District, an FRA depot buyer of Kalemu deport in Ndudumwezi area has been detained.

she says Victor Hamuvwimi is said to have failed to account for 30,000 bags of maize worth about K1.9 Billion all of which were in his custody. He has been detained to assist in the ongoing investigations. 

mrs kasumpa says the investigations into the FRA maize scum will spread throughout the country and Kalomo District is just the beginning

CCZ president reverend moses mwale advises the zambia church to actively p[articipate in the review of the just released draft constitution


Council of Churches in Zambia (CCZ) President, Reverend Moses Lucas Mwale has advised the Zambian church to actively participate in the review of the just released draft constitution.

Wednesday, 9 May 2012

Tuesday, 8 May 2012

World bank appoints a Senegalese national as bank vice president.

A Senegalese National Makhtar Diop, With More Than 25 Years Of Development Experience, Has Been Chosen As The New World Bank Vice-President For Africa.

Friday, 4 May 2012

SA express to launch its durban-lusaka flight this july

South African Express Is Set To Launch Its Direct Flight From Lusaka To Durban This July.

The Airline Will Be Flying Into Lusaka Three Times A Week.
It Is Expected To Increase To Six Times A Week The Number Of Flights Depending On The Business Response.


The Airline Which Is Government Owned And Has 15 Destinations Across Africa Intends To Expand Its Operations To Other Countries Such As The Democratic Republic Of Congo, Zimbabwe, And Malawi.


South African Express Communications And Public Relations Manager Lulu Bam Says The Expansion In Its Flights To Other Countries Such As Zambia, Malawi, Zimbabwe And The Democratic Republic Of Congo Is Due To The Growing Demand And Growth In Sub-Saharan African Countries Economies.


Ms. Bam Who Was Speaking In Lusaka Today During The Official Announcement Of The Airline’s Intentions To Fly Into Zambia Says The Zambian Authorities Have Cleared The Company To Fly Into The Country And A License Has Forthwith Been Given.


Speaking At The Same Function Trade And Investment Of Kwazulu-Natal Export Development And Promotion General Manager Neville Matjie Said The Link Between Zambia And South Africa Through The South African Express Must Foster Economic Ties In Areas Such As Tourism Which Is Growing In Both Countries.

Mr. Matjie Said In Line With The Link Which South African Express Will Create, A Business Delegation From South Africa Will Visit Zambia By The End Of This Year To Try And Look At Various Sectors They Can Invest In With Their Zambian Counterparts.