Daily Archives: January 30, 2015

Zambia’s capability to insulate itself from external shocks lies in maximising local revenue generation – Chikwanda

Finance Minister Alexander Chikwanda says Zambia’s capability to insulate itself from external shocks still lies in maximising revenue generation from its local resources. Mr. Chikwanda says Zambia is endowed with sufficient resources to grow the economy without necessarily depending on donor funding. Mr. Chikwanda states this means that all citizens need to take part in the development process of the ...

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GBM welcomes recognition of Sosala

Kasama Central Member of Parliament Geoffrey Bwalya Mwamba has described the recognition of Henry Kanyanta Sosala by President Edgar Lungu as an act of good will. Mr. Mwamba, popularly known as GBM, says he is happy that one of his prayers has been answered by God following the recognition of Mr Sosala as Paramount Chief Chitimukulu of the Bemba speaking ...

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K58.98m was realized by parastatal companies between 2010, 2012 – PMRC

Policy Monitoring and Research Centre (PMRC) has disclosed that K58.98 million was realized as profit by parastatal companies between 2010 and 2012. Speaking during the parastatals policy analysis launch in Lusaka today, PMRC head of   research and analysis Alex Amirtage says less than a quarter of institutions reported any profits between 2010- 2012, suggesting that government is not receiving optimal ...

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President Lungu addresses AU summit

  Republican President Edgar Lungu has delivered his maiden speech to the African Union (AU) at the on-going 24th Ordinary Session of the Assembly of the Heads of State. President Lungu thanked the AU for the overwhelming support that Zambia received during the trying period following the death President Michael Chilufya Sata and the challenging transition that followed. He said ...

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Tayali justifies his presence at UPND briefing

Zambian Voice Executive Director Chilufya Tayali has justified his presence at a UPND media briefing where he was recently attacked by party cadres for alleged provocation. Mr. Tayali says his presence at the media briefing addressed by UPND President Hakainde Hichilema was purely meant to get the party’s views following the outcome of the just presidential election. He says the ...

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ERB reduces fuel prices

The Energy Regulation Board (ERB) has effective midnight tonight Friday, 30th January announced a Low Sulphur Gasoil price reduction. ERB Board Chairman Pastor Geoff Mwape in a statement issued to QFM News that the price for Low Sulphur Gasoil has been reduced by 83 Ngwee per litre from K10.72 to K9.89 representing a percentage change of 7.74%. Pastor Mwape adds ...

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TIZ declares Presidential election fair

Transparency International Zambia has described the 2015 presidential elections as largely fair and that the results management by the Electoral Commission of Zambia was credible and march with its Parallel Voter Tabulation results. TIZ Executive Director Goodwell Lungu in a statement to QFM News says the just ended presidential election showed remarkable improvements in the overall election management, and that ...

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Vanquished Zambia back home

Bruised Zambia returned home on Thursday afternoon after a disappointing 2015 Africa Cup. Zambia were eliminated from the Africa Cup currently taking place in Equatorial Guinea without a win in their three Group B matches after finishing bottom on two points. Deputy director of sports Gibson Muyaule told Honour Janza and his team at Kenneth Kaunda International Airport In Lusaka ...

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Ukraine conflict: EU extends sanctions against Russia

EU foreign ministers have agreed to extend existing sanctions against Russia until September. At an extraordinary meeting in Brussels, they also agreed to discuss names to add to the list of individuals targeted for EU travel bans and asset freezes. However, they did not agree on imposing new economic sanctions against Russia. The ministers met as fighting raged in eastern ...

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Egypt military targeted in deadly Sinai attacks

At least 26 people, mostly soldiers, have been killed in a series of attacks by Islamist militants in the north of Egypt’s Sinai peninsula. A car bomb and rockets hit military targets in provincial capital El-Arish. Other attacks took place in the town of Sheik Zuwayid and in Rafah, near Gaza. Militant group Sinai Province, which changed its named from ...

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