Archive: 1 June 2018
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ZCCM-IH earns K729m profitZCCM-IH posted a profit after tax of K729 million during its financial year ending March 31, 2017, from incurring losses of nearly K3 billion in the previous corresponding period. And ZCCM-IH have expressed optimism in […]
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Kasempa Council questions AG’s findingsThe Kasempa District Council on Wednesday angered acting Auditor General Roy Mwambwa after requesting for an independent auditor to verify his audit findings on unsupported payments amounting to K251,883. This was when the named council […]
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Lungu deliberately running Zambia in chaos to perpetrate his stay in office – WynterRainbow Party General Secretary Winter Kabimba says President Edgar Lungu is deliberately governing Zambia in a state of confusion so that he can perpetuate his stay in office. And Kabimba says Zambia’s Constitution deserves to […]
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Lungu wasn’t sworn-in as President when he signed STAG loan – ChangalaCivil rights activist Brebner Changala says President Edgar Lungu had no authourity to function as a Head of State at the time of signing the sovereign guarantee loan for ZESCO because he had not yet […]
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Lungu asks for loyalty from PF membersPresident Edgar Lungu has asked Patriotic Front members to be loyal to him the way he was loyal to Michael Sata saying there are great rewards in doing so. And President Lungu says the people […]
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Zambia lost K4.5bn to financial crimes in 2017 – FICThe Financial Intelligence Centre has revealed that Zambia incurred estimated losses of K4.5 billion linked to financial crimes such as corruption and tax evasion, among others, in 2017. And Financial Intelligence Centre (FIC) director-general Mary […]
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Zambia’s gross reserves plummet to 12-month lowZambia’s gross international reserves have fallen below US$2 billion for the first time in over a year, triggered by the need to finance the country’s widening current account deficit, Bank of Zambia data reveals. According […]
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Jacaranda is a wasting, idle asset, insists govtThe Ministry of Works and Supply says the redevelopment of government idle assets does not mean selling out infrastructure or displacing people. Ministry Spokesperson Ndubi Mvula in a statement stated that contrary to assertions that […]
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Govt needs over 180, 000 square meters of office space – MutatiWorks and Supply Minister Felix Mutati says governments needs approximately 180, 000 square meters of office space in order to meet the demand of the rapidly expanding public service. Speaking in an interview after he […]
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Precious was shot at close range – WitnessA Forensic Pathologist has testified in the Lusaka High Court that Precious Mangesana died from a fatal neck gunshot wound within seconds of being shot at a 15 to 30-centimeter distance. Dr Luchenga Mucheleng’anga, a […]
