Monthly Archives: August 2015

RTSA records 188 accidents in last two months

The Road Transport and Safety Agency (RTSA) says it recorded 188 road traffic accidents through its National Call Centre in last two months in which 33 people died. RTSA Public Relations Officer Fredrick Mubanga in a statement says 92 people were injured in the accidents with 61 vehicles damaged. Mr Mubanga says the agency is deeply concerned by the high ...

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Anish Kapoor accuses China of copying ‘bean’ sculpture

The sculpture, which reflects Chicago’s dramatic skyline, is known as The Bean. It featured prominently in Source Code, a 2011 thriller starring Jake Gyllenhaal. “I feel I must take this to the highest level and pursue those responsible in the courts,” Kapoor said. “I hope that the Mayor of Chicago will join me in this action. “The Chinese authorities must ...

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China’s yuan currency falls for a second day

China’s Central Bank has again cut the guiding rate for the national currency, the yuan, a day after Tuesday’s record 1.9% devaluation. The move sent fresh shockwaves through Asian markets, but the bank has sought to calm fears, saying it was not the start of a sustained depreciation. The yuan fell another 1% on Wednesday, marking the biggest two-day lowering ...

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I will not disappoint – Siamunene

Newly appointed Defence Minister Richwell Siamunene says he will not disappoint President Edgar Lungu, but will deliver according his expectations. Mr Siamunene tells QFM News that he has received his appointment with both hands. Mr. Siamunene says he is grateful to God for giving him an opportunity through President Lungu to serve the people of Zambia as Defence Minister, stating ...

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Zambia to face Gabon in friendly

Zambia has secured an international friendly match with Gabon on Tuesday, September 8, two days after playing the 2017 Africa Cup of Nations qualifier against Kenya. Announcing the development to fazfootball.com on Wednesday, Football Association of Zambia Communications Manager Nkweto Tembwe said the match has been scheduled for the National Heroes Stadium in Lusaka. “The Football Association of Zambia remains ...

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Indo Zambia rakes in K73 million profit

Indo Zambia Bank has recorded an operating profit of K73.98 million and a net profit of K46.15 million for the financial year ended 31st December 2014. Speaking during the bank’s 30th annual general meeting cocktail party last evening and presentation of a cheque of K6.77 million as dividend payment to the Zambian government, Indo Bank Board Chairperson Orlean Moyo says ...

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Court convicts Halifax Freight services for defrauding Govt K3.3 billion

The Ndola Magistrate Court has convicted Halifax Freight Services for defrauding the Government of revenue amounting to about K3.3 billion. Halifax Freight Services a Ndola based freight services company was charged with 69 counts of forgery, false representation, false declaration, theft by servant and theft by agent, failure to notify the Commissioner General respectively. The company whose Director was Perry ...

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Govt targets creation of 500,000 youth jobs in 2016

President Edgar Lungu has launched the 2015 National Youth Policy and Action Plan on Empower and Employment which he says must result in the creation of more than 500,000 jobs for the youth by the end of 2016. President Lungu has since declared an end to the era of rhetoric that succeeds on scoring short term political mileage at the ...

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Saki counsels Zambians on new constitution

Renowned Constitutional lawyer Sakwiba Sikota has counseled Zambians to realize that adopting a new constitution through a referendum does not in itself make it law. Mr. Sikota says even if the constitution was to be adopted through a referendum as many stakeholders are advocating, the constitution will still have to go through Parliament to be enacted into law. In an ...

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SACCORD hails President Lungu

Republican President Edgar Lungu has been commended for finally relinquishing the portfolio of Defense Minister. The Southern African Center for the Constructive Resolution of Disputes (SACCORD), which had earlier recommended that President Lungu appoints a suitably qualified person to occupy the position, is pleased the President has eased his burden by relinquishing the position. SACCORD Executive Director Boniface Cheembe says ...

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