Daily Archives: June 29, 2015

Lungu commissions Embassy Shopping Mall

Republican President Edgar Lungu says there is need to venture and invest in other sectors considering that mining is a diminishing activity. And the Head of State has redirected Commerce, Trade and Industry Minister Margret Mwanakatwe to carry out random inspections and see to it that super markets are stocked with locally grown products. Speaking during the official opening of ...

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RB acquitted

Former President Rupiah Banda has been acquitted of the charge of abuse of authority of office in an oil deal involving a Nigerian company. It is alleged that between May 1, 2008 and September 24, 2011,Mr Banda, being a person employed in the public service, namely President of the Republic of Zambia, did abuse the authority of his office by ...

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HH blames poor leadership for failure to exploit Zambia’s potential

UPND President Hakainde Hichilema says while Zambia is endowed with plenty of natural resource wealth, the country lacks the leadership that can harness this into economic activities that create jobs and opportunities for Zambian citizens. In his weekly policy issue, Mr Hichilema says if only the country had a leadership with a vision,the potential that it possesses would be exploited ...

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Katele okays increased debt ceiling

Former Finance Minister Katele Kalumba says the approved increase in the debt ceiling from K35 Billion to K60 Billion does not mean Zambia will have to borrow to the limit of the ceiling. Dr. Kalumba explains that what Parliament has done is to give the Minister of Finance Alexander Chikwanda room to maneuver around. He has told Qfm News by ...

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FODEP urges huge turn out in by-elections

The Foundation for Democratic Process (FODEP) has appealed to voters in Malambo, Petauke central and Mulobezi constituencies to turn up in numbers tomorrow and elect their own preferred candidates. FODEP Executive Director Macdonald Chipenzi in a pre-election statement says voters should disregard all philanthropies that politicians advance to them ahead of the by-elections. Mr Chipenzi adds that FODEP is concerned ...

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ZCTU calls for waiving of import duty on generators

THE Zambia Congress of Trade Unions has urged government to consider waiving duty on the importation of generators in view of the massive countrywide load shedding. ZCTU Secretary General Cosmas Mukuka has told a media briefing in Lusaka today that this because people did not plan for these power outages. Mr Mukuka says with the intermittent load shedding, economic development ...

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Gatlin fifth-fastest in 200m history

Justin Gatlin became the fifth-fastest 200m runner in history as he won Sunday’s final at the American Athletics Championships. The 33-year-old American, who has served two doping bans, recorded a time of 19.57 seconds in Oregon. It bettered the 19.68 secs he ran in May which, at that stage, was the best in the world. “I wanted to go out ...

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Glastonbury: Lionel Richie draws festival’s biggest crowd

Lionel Richie has drawn the biggest crowd of this year’s Glastonbury Festival, with at least 100,000 people estimated to have watched the singer. The Pyramid Stage field was packed to see the star play hits like Dancing on the Ceiling, Hello and Say You Say Me. The event then closed with rock legends The Who performing their hits on the ...

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Greek debt crisis: Banks to remain shut all week

The Greek government has confirmed that banks will be closed all week, after a decision by the European Central Bank not to extend emergency funding. In a decree, it cited the “extremely urgent” need to protect the financial system due to the lack of liquidity. Cash withdrawals will be limited to €60 (£42; $66) a day for this period, the ...

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Mufalali sickened by increased debt ceiling for Zambia

Opposition UPND National Youth Chairperson Likando Mufalali is sickened by government’s move to increase Zambia’s foreign debt ceiling. Mr. Mufalali who is also Senanga Member of Parliament says the PF government has put the country on fire to increase the debt ceiling from K35 Billion to K60 Billion. He notes that in as much the country needs development there is ...

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