Daily Archives: April 15, 2015

ZRA adjusts Kariba Dam water allocation for power generation

Zambezi River Authority (ZRA) has adjusted downwards by 10 percent the water allocation for power generation at Kariba Dam to ZESCO Limited and Zimbabwe Power Company for 2015 due to the below normal rainfall received in the 2014/2015 season. Based on the rainfall forecasts, the Zambezi River Authority allocated to the two electricity generation companies 45 billion cubic meters for ...

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Kwacha loses more than 2% on Wednesday

The kwacha lost more than 2 percent on Wednesday, weakened by thin dollar inflows. The local currency retreated to K7,37.00 per dollar from an opening level of K7.21.00. BancABC Head of Treasury John Mapiye quoted by Reuters said there was no foreign participation in Zambia’s Treasury bill tenders and any slight dollar demand creates a spiral. The Kwacha has been ...

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Zambians get xenophobia alert

The Zambian High Commission in South Africa has advised Zambians travelling to Durban to exercise caution in view of xenophobic attacks on foreign nationals. A travel advisory posted on the High Commission’s website states that although the pattern so far shows that shops owned by foreigners are being targeted, Zambians are however, advised to pay close attention to their personal ...

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Lungu toasts PF victory

President Edgar Lungu says the PF and opposition political parties that participated in Tuesday’s by-elections have set the democratic bar very high and have shamed perpetrators of violence by showing that political competition does not mean enmity. President Lungu has commended PF members for the remarkable campaign that has delivered all the three parliamentary seats and 10 out of 21 ...

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HH congratulates PF for victories

UPND President Hakainde Hichilema has congratulated Patriotic Front candidates for emerging winners in yesterday’s parliamentary by-election. Mr Hichilema however stated that the UPND has once again demonstrated that it is the only major opposition to the current PF Government. He says the inroads the UPND has made into Eastern Province and the party’s strong performance in the Senga Hill parliamentary ...

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PF victory speaks volumes – Chama

Patriotic Front Secretary General Davies Chama says the ruling party’s victory in yesterday’s parliamentary by-elections speaks volumes. Mr. Chama has told Qfm News in a telephone interview that the ruling party is overwhelmed with the support the people of Chawama, Masaiti and Senga Hill have given to its candidates. He explains that the party had done its home thoroughly and ...

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Chamber of Mines welcomes approval of changes to mining tax

The Zambia Chamber of Mines has welcomed the decision by Cabinet to approve changes to the 2015 Mineral Royalty Tax regime. In a statement issued to QFM News today, the Chamber says the step signifies the commitment by the Zambian government towards resolving some of the challenges the mining industry is facing in the country. It says the decision by ...

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PF in treble win

The Patriotic Front has made it three out of three after scooping the Senga Hill,Chawama and Masaiti parliamentary seats in yesterday’s by-elections. PF candidate Kapembwa Simbao has scooped the Senga Hill seat after beating his only rival Giles Yambayamba of the UPND by 3,343 votes after polling 7,913 votes to Mr Yambayamba’s 4,570 votes. QFM’s Lazarous Sichula reports from Mbala ...

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PF wins Chawama, Masaiti seats

The ruling Patriotic Front (PF) has scooped the Chawama and Masaiti parliamentary seats and has taken a commanding lead in Senga Hill constituency. PF Chawama candidate Lawrence Sichalwe was declared winner by the Returning Officer Hellen Mubita at around midnight. Mr. Sichalwe polled 7, 502 from all the poling stations whilst his rival of the UPND Charles Kaselwa had 3, ...

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Asiana plane skids off runway at Hiroshima, Japan

Air safety authorities in Japan are investigating how a South Korean Asiana Airlines plane skidded off a runway on landing at Hiroshima airport. The 74 passengers and seven crew members used emergency chutes to evacuate the Airbus 320 in the incident late on Tuesday. Local media reported that at least 20 people had minor injuries. Transport ministry officials said a ...

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