Daily Archives: December 11, 2016

Trump rejects CIA Russia hacking report

President-elect Donald Trump has rejected as “ridiculous” a CIA assessment that Russian hackers tried to sway the election in his favour. He told Fox News the Democrats were putting out the reports because they were embarrassed at the scale of the election defeat. On Friday, CIA officials told US media they had concluded that Russians hackers were trying to help ...

Read More »

EAZ cites unstable exchange rate as 2016’s deficit

The Economics Association of Zambia (EAZ) says unstable exchange rate and high inflation is what has been Zambia’s fiscal deficits in 2016. EAZ president Chrispin Mphuka says it is these two factors his association has been expecting government would control. Dr. Mphuka notes that if government controls this fiscal side of the economy what the Country is expected to see ...

Read More »

Zambia one of the highly deforested countries

The Finnish government has expressed concern at the rate at which deforestation has continued taking place in Zambia. Finnish ambassador to Zambia Timo Olkkonen says his Country has taken note that before the power deficits, Zambia had been losing up to 400, 000 hectors of forest per year. Mr. Olkkonen says he has personally taken note of the number of ...

Read More »

SEC allays fears of manipulation in securities

The Securities and Exchange Commission (SEC) has allayed fears of Zambia’s stock exchange market being susceptible to manipulations. Director Enforcement and Legal Services Diana Sichone says much as any stock market would be susceptible to manipulation her commission has set up as surveillance team to monitor the market. Mr. Sichone says with this surveillance team SEC is able to know ...

Read More »