Daily Archives: October 14, 2015

Zambia gets first ever credit rating agency

The first ever Zambian credit rating agency called Credit Rating Agency Limited has been launched in Lusaka today. The CRA has also become the fourth known credit rating agency in Sub-Sahara Africa after rating agencies licensed by authorities in South Africa, Nigeria and Senegal. Speaking at the official launch of the agency, CRA Chief Executive Officer, Wilson Kalumba has disclosed ...

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FAZ suspends league games to accomodate prayers

All league games which were scheduled for Sunday, 18 October, 2015 have been cancelled in order to allow the football family to join the rest of the Zambian citizenry in the national day of prayer and fasting. FAZ president Kalusha Bwalya says the prayer and fasting accords all citizens a chance to re-energise their relationships with God. Kalusha says the ...

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Take your anger to God, Nevers tells Zambians

MMD President Nevers Mumba has encouraged Zambians to use the opportunity for prayer and fasting to take their anger and disappointments to God in prayer on the 18th of October. Dr Mumba in a statement says while Zambians are asking if President Edgar Lungu intends to use God and prayer as a scapegoat for the many problems the country is ...

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Hillary Clinton attacks rival Bernie Sanders on gun laws

Hillary Clinton has attacked her main rival Bernie Sanders over US gun laws at the Democratic presidential debate. When asked if the Vermont senator was strong on gun control, she said “no, not at all” before vowing to go after the makers of guns used in shootings. Mr Sanders also attacked Mrs Clinton, saying her support for a no-fly zone ...

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High interest rates huge setback to diversification- Makondo

North-Western Chamber of Commerce and Industry President, Josephine Makondo has observed that the high interest rates charged by financial institutions are a huge setback to economic diversification. Ms. Makondo says a number of Small Medium Enterprises (SMEs) have the desire to expand their businesses but are however, failing to do so because of the high interest rates attached to loans ...

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ZCF praises govt’s concern for farmers

The Zambia Cooperative Federation (ZCF) has praised government for paying attention to issues affecting farmers in the country. ZCF Director General James Chirwa says the implementation of the Electronic Voucher system is one aspect that will motivate farmers across the country to be more productive. Mr. Chirwa notes that in the past, there have been so many cases of mismanagement ...

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Lungu advised to appoint competent people in Ministries

President Edgar Lungu has been urged to consider appointing Ministers who are conversant with the ministries they are appointed to oversee. Intellectual Forum Institute of Zambia President Alex Ng’oma says there is need for the President to appoint ministers who are qualified and experienced for the positions they are appointed to in order to help improve the economy. He says ...

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CSPR optimistic poverty can still be reduced amidst economic crisis

The Civil Society for Poverty Reduction (CSPR) remains optimistic the country can still reduce the high poverty levels amidst the current economic challenges. CSPR Executive Director Patrick Nshindano has encouraged government not to relent but continue formulating policies aimed at addressing the high poverty levels in the country. Mr. Nshindano says what is key is to focus on key sectors ...

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PF lacks ingenuity to run Zambia- Mwanza

Forum for Democracy and Development (FDD) Spokesperson Antonio Mwanza says the Patriotic Front Government lacks capacity and ingenuity to run the affairs of the nation. Mr Mwanza says this evident from the numerous political and economic problems the country is facing. He adds that this lack of capacity to run the affairs of the country by the PF is worsening ...

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