Archive: 30 September 2020
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Thousands turn up to mourn DaevThere was a near stampede at Lusaka’s Anglican Cathedral of the Holy Cross as thousands of mourners tried to force themselves into the church during musician David Phiri’s funeral service today. During the fracas, several […]
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Bond holders reject Zambia’s plea for delayed debt repaymentTHE Zambia External Bondholder Committee says its members are unable to accept the Zambian government’s request to suspend Eurobond interest repayments, owing to lack of debt transparency among other things. And the Committee says the […]
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DEC nabs Kitwe woman for cocaine traffickingTHE Drug Enforcement Commission (DEC) has arrested a 30-year-old Kitwe-based businesswoman for trafficking in cocaine and three of her family members for attempting to bribe a DEC officer with K10,000 cash. In a statement, Wednesday, […]
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Discarding voters’ register doesn’t help ECZ allay rigging perceptionTHERE is a widely-held belief that the Electoral Commission of Zambia (ECZ) and the PF government have repeatedly interfered with the electoral process to advantage the party in power. This is not a belief that […]
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ZRA, local govt sign MoU to intensify tax collection from informal sectorTHE Zambia Revenue Authority (ZRA), Ministry of Finance and the Ministry of Local Government have signed a Memorandum of Understanding (MoU) that will see local authorities collecting base and withholding taxes on rental income on […]
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Zambia’s total debt now at $18.5 billion, reveals Ng’anduFinance Minister Dr Bwalya Ng’andu has revealed that Zambia’s total indebtedness inclusive of contingent liabilities and debt owed by State-Owned Entities (SOEs) now stands at US $18.5billion with an average interest of 4.5 per cent. […]
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Why keep Milingo at KCM when there’s no liquidation going on?WE can’t wait to hear what the Konkola Copper Mines Liquidator, Milingo Lungu, has to say about the US$1.6 million KCM scandal in which he has been implicated. We can’t wait to see how the […]
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UNZALARU sues UNZA council over K4.5m arrears of unremitted union contributionsUNIVERSITY of Zambia Lecturers and Researchers Union (UNZALARU) has sued the University of Zambia (UNZA) Council in the Lusaka High Court, claiming payment of K4.5 million arising from arrears of unremitted union contributions. UNZALARU also […]
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PF abusing KCM as its milking cow – KambwiliNATIONAL Democratic Congress (NDC) president Chishimba Kambwili says Konkola Copper Mines, under the leadership of Provisional Liquidator Milingo Lungu, has become a cash cow for the PF. And Kambwili has challenged Milingo to exonerate himself […]
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Zambia’s debt default imminent, warns Standard & PoorsSTANDARD and Poors (S&P) Global Ratings have lowered its long-term foreign and local currency sovereign credit ratings on Zambia to ‘CCC-‘ from ‘CCC’ following the Zambian government’s request to suspend Eurobond debt interest payments. According […]
