Government has been cautioned against accepting any International Monetary Fund (IMF) bailout that will be at variance with the country’s Seventh National Development Plan (7NDP). The Economics Association of Zambia (EAZ) is advising government to ensure whatever bailout it agrees to is one that creates a path for economic recovery in the short term. EAZ president Chrispin Mphuka says this ...
Read More »Daily Archives: August 19, 2016
US apologises for swimmers ‘unacceptable behaviour’
The United States Olympic Committee has apologised for what it called the unacceptable behaviour of four US swimmers who falsely said they had been robbed at gunpoint in Rio. Police questioned three of the gold medal winners and say “they were not victims of the crimes they claimed”. Two of the four – Gunnar Bentz and Jack Conger – were ...
Read More »Rio Olympics 2016: Usain Bolt wins 200m gold, his eighth Olympic gold
Usain Bolt won the men’s 200m to claim his second Rio 2016 gold, his eighth at an Olympics, and keep alive his hopes of an unprecedented ‘treble treble’. The Jamaican ran 19.78 seconds to come home ahead of Canada’s Andre de Grasse and France’s Christophe Lemaitre. Britain’s Adam Gemili clocked the same time as Lemaitre, but was denied his first ...
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