Daily Archives: February 25, 2017

Mushimba clarifies on new SI

Transport and Communications Minister Engineer Brian Mushimba has clarified that the new Statutory Instrument will see the PSV drivers only be allowed behind the wheel a total of 8 hours of continuous operation. This follows after stakeholders rejected the four hours period announced earlier which the Minister said was a miscommunication. Engineer Mushimba says the driver will be mandated to ...

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Chishimba gives govt 7 day ultimatum

United Progressive Peoples (UPP) Leader Dr. Savior Chishimba has given government a 7 day ultimatum to apologize to Zambians over the Malawi – Zambia maize gate scandal. The UPP Leader has also asked Chief Government Spokesperson Kampamba Mulenga to withdraw her earlier statement over the maize deal between Zambia and Malawi. Ms Mulenga had said the Zambian Government was not ...

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IMF Team coming next month – Mutati

Finance Minister Felix Mutati says the consultative process for the International Monetary Fund (IMF) supported program will soon be completed and presented to Cabinet in readiness for a team from the fund which will be coming to Zambia next month. The Minister was speaking to investors and British government officials at the Royal Institute of International Affairs, Chatham House, in ...

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Zambia has potential to reduce mealie meal prices to K30 – ZCF

Zambia Cooperative Federation (ZCF) Director General James Chirwa says it is possible to reduce mealie-meal prices from K95 to K30. Mr. Chirwa says this is possible if farmers and other stakeholders in the agriculture sector come up with new mechanisms and strategies aimed at increasing production. He says there is an urgent need for the country to improve on the ...

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MISA Zambia urges media to unite

Media Institute of Southern Africa (MISA) Zambia has urged the media in the country to stand united IN defending press freedom. MISA Zambia Chairperson Helen Mwale says MISA is saddened by what has been happening to some media houses in the country. Ms. Mwale says MISA shares the view of stakeholders who have observed that press freedom in Zambia is ...

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ZIPAR welcomes reduction of policy rate

The Zambia Institute for Policy Analysis and Research (ZIPAR) has described the move by the Bank of Zambia to reduce the policy rate from 15.5% to 14% as a step in the right direction. ZIPAR Senior research fellow Caesar Cheelo notes that the reduction policy coupled with the reduction of the overnight facility rate and the statutory ratio will make ...

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Mexico warns US over border wall funding

Mexico has warned the US against imposing a unilateral tax on Mexican imports to finance a border wall, saying it could respond in kind. Foreign Minister Luis Videgaray said the government could place tariffs on selected goods from US states reliant on exports to Mexico. Earlier, US President Donald Trump vowed to start building the wall “soon, way ahead of ...

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My dream has died – Ranieri

Claudio Ranieri admitted his dream had died after he was ruthlessly sacked as Leicester manager ibrutal move that brought the wrath of the football world down on the troubled champions’ Thai owners.Ranieri was axed barely two weeks after the owners gave him their “unwavering support” despite disastrous results that have left Leicester just one point above the relegation zone. Leading ...

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Spurs look to kick-start league campaign

Tottenham Hotspur will begin the task of repairing their faltering season when Stoke City visit White Hart Lane this weekend. Mauricio Pochettino’s side have seen their Premier League title hopes fade in recent weeks and were hit by another blow on Thursday when their failure to beat Gent at Wembley ended their hopes of success in the Europa League. Now, ...

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