Daily Archives: December 7, 2015

Repair economic damage, FDD tells PF

The Forum for Democracy and Development (FDD) has implored the Patriotic Front Government to use the remaining months in office to repair the damage caused to the country’s economy. FDD Spokesperson Antonio Mwanza says the PF should not leave the economy in a mess in the likely event that they do not bounce back in 2016. Mr. Mwanza notes that ...

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Politicking affecting Zambia’s economic performance – SA envoy

South African Ambassador to Zambia Sikose Mji says will become the great nation she is destined to be if President Edgar Lungu implements the austerity measures he announced recently. Ms. Mji notes that the economic challenges Zambia is experiencing are similar in nature to those South Africa is also facing. She has cited the power deficit as one such shared ...

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Sinkamba to realign OP,ACC

The Green Party says Zambia’s financial, trade, and economic needs are not well served by State agencies spying on people solely because they hold different views from those of the government. Green party president Peter Sinkamba says with the political liberation wars well over, the his party believes there is a compelling reason to realign the Zambia Security Intelligence Service ...

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ZRA unearths scam in steel industry

The Zambia Revenue Authority has unearthed a scam in which some steel manufacturing companies have been misclassifying their steel coil imports by falsifying the countries of origin to avoid paying tax, a practice that has lead to Government losing colossal sums of money in unassessed tax. According to a statement issued o QFM News by the ZRA Coporate Communications Unit, ...

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Mutesa defends HH

Opposition Zambians for Empowerment and Development (ZED) President Fredrick Mutesa has come to the defence of UPND leader Hakainde Hichilema who has attracted criticism over remarks he made at a business and investor forum in London pertaining to Zambia’s investment climate. Dr. Mutesa says having read the statement attributed to Mr Hichilema, he finds nothing particularly offensive and unpatriotic. Dr. ...

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Obama vows to overcome terror threat

US President Barack Obama has made a rare Oval Office address after the San Bernardino shootings that left 14 dead. He said the killings were “an act of terrorism designed to kill innocent people”. But “freedom is more powerful than fear,” said President Obama, warning that falling prey to divisiveness in American society would play into the hands of extremists. ...

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FBI probes Blatter bribe scandal role

The FBI is investigating the role played by Fifa president Sepp Blatter in a $100m (£66.2m) bribes scandal, a BBC investigation has discovered. Sports marketing company ISL paid a total of $100m to officials including former Fifa president Joao Havelange and ex-Fifa executive Ricardo Teixeira. In return, ISL was granted lucrative television and marketing rights throughout the 1990s. Blatter denied ...

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