Daily Archives: October 12, 2015

Eurobond proceeds to bridge gap in 2016 budget – Chikwanda

Finance Minister Alexander Chikwanda says putting up the 2016 budget was not an easy exercise owing to the conflicts between the resources available and what is needed for expenditure. Speaking during a 2016 budget breakfast organized by Deloitte in Lusaka this morning, Mr. Chikwanda says the gap between expenditure which is K53 billion and the locally available revenue which is ...

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Sinkamba opposes closure of bars during prayer & fasting

Green party President Peter Sinkamba says it is unfair for government to direct that all bars and taverns be closed on the national day of prayer and fasting. Mr. Sinkamba says prayer and fasting should not be a forcing matter but an individual’s personal decision. He says Zambia is a country with different religions which should be respected and allowed ...

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Govt optimistic about KKIA construction works

Government says works on the upgrading and expansion of the Kenneth Kaunda International Airport will be completed within the stipulated 54 months period. Government has in the 2016 national budget allocated K498.4 million towards the upgrading and expansion of the KK International airport and the establishment of a national airline. Works and Supply Minister, Yamfwa Mukanga says construction works on ...

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Kaizer Zulu discharged

Lusaka Principal Resident Magistrate Mwaka Mikalile has discharged Special Assistant to the President for Political Affairs Kaizer Zulu in the case he was charged with failure to take precaution against injury relating to a shooting incident at Chrismar Hotel. This follows the decision by the State to enter a nolle prosequi in the matter. When the matter came up this ...

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Bieber back on top for rare third time

Justin Bieber has become only the fourth music artist in UK history to have the same single to hit number one on three separate occasions. He returned to the top spot with What Do You Mean after being knocked off last week by Sam Smith’s Bond theme. The only other songs to reach number one three times are Frankie Laine’s ...

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Syria conflict: Putin defends Russia’s air strikes

President Vladimir Putin has defended Russia’s military operations in Syria, saying the aim is to “stabilise the legitimate authority” of Syrian President Bashar al-Assad. Mr Putin told Russian state TV Moscow also wanted to “create conditions for a political compromise” in Syria. He denied that Russian air strikes were hitting moderate opposition groups rather than Islamic State militants. Syrian forces ...

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Ignore national prayer detractors, CRFI encourages Zambians

The Christ the Redeemers Friends International (CRFI) has encouraged Zambians to ignore discouragements from participating in the day of national prayer this month. CRFI Chairman Goodson Kamanga has told QFM News in an interview that his organization supports the pronouncement by President Lungu for Zambians to pray and fast on Sunday next week. He says the CRFI believes Zambia currently ...

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Stand-Up and Be-Counted confident to meet NRC target

Stand-Up and Be-Counted project coordinator Vanessa Silungwe has expressed confidence that his organization will attain its one thousand target of having youths acquire National Registration Cards (NRCs) between now and 2016. Mrs. Silungwe says the main aim of her organization’s project is to sensitize the young people on the importance of acquiring NRCs. She has disclosed that the first phase ...

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Mulongoti accuses PF govt of congesting Lusaka

Former Works and Supply Minister Mike Mulongoti, has accused the PF government of creating congestion of motor vehicles in the Country’s capitol city Lusaka. Mr. Mulongoti who is also People’s Party (PP) president thinks that the congestion that is being experienced in Lusaka however boils down to incapacities of the PF government. He is also of the view that plans ...

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Cut down on expenditure,Govt implored

Financial Analyst Maambo Hamaundu has reiterated the need for government to consider investing the borrowed funds in ventures that will enable it to pay back the money. Mr. Hamaundu has told Qfm news in an interview that government should do this bearing in mindful that the Zambia’s debt is currently on increase. He says government should in this case cut ...

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