Daily Archives: November 20, 2017

Zimbabwe latest: Mugabe ‘let wife Grace usurp power’

Zimbabwe’s ruling Zanu-PF party is set to begin impeachment proceedings against President Robert Mugabe, on charges he “allowed his wife to usurp constitutional power.” The motion is now due to be moved in parliament on Tuesday. Party member Paul Mangawana said the process could take as little as two days to complete, and President Mugabe could be removed by Wednesday. ...

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President Lungu says dialogue key in resolving the political deadlock in Zim

President Edgar Lungu is reported to HAVE sent first republican president Kenneth Kaunda to Harare to try to convince President Robert Mugabe to step down in a “dignified exit” after the military seized power last week. Reuters quoting a senior government source says Dr Kaunda used the presidential jet and is already in Harare. And President Lungu has called dialogue ...

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IFRS 9 will be beneficial to the customer-Melu

Barclays Bank Zambia Managing Director Mizinga Melu says the implementation of the International Financial Reporting Standard (IFRS 9) will be beneficial to the customer, the financial industry, the economy and the country at large. On 1st January, 2018, international financial reporting standard, IFRS 9 will replace IAS 39. The change will materially impact financial statements for companies in the financial ...

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Debts owes road contractors affect the operations of RDA- Chitotela

Housing and Infrastructure Development Minister Ronald Chitotela says the huge debts the government owes road contractors and consultants have negatively affected the operations of the Road Development Agency. Speaking when he inaugurated the new RDA board of directors in Lusaka, Mr. Chitotela has called on the need for close monitoring and safeguarding tax payers money at the agency, adding that ...

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Growing number of children huge opportunity for Zambia’s -UNICEF

Second Deputy Speaker of the National Assembly Mwimba Malama is saddened by the increase in the number of children living in poverty on the basis of gender, race, ethnic groupings, religion and disability. Speaking during the World Children’s Day commemoration in Lusaka Mr Malama says it is unacceptable that 27 years after the adoption of the United Nation Convention  on ...

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REA bemoans low level of electricity uptake in rural areas

The Rural Electrification Authority (REA) says it requires an annual estimated investment of 50 Million United States dollars to implement projects under the Rural Electrification Master Plan (REMP). REA Executive Director Geoffrey Musonda says the Authority has been pursuing strategies to address the challenge of mobilising resources to meet its target. Mr Musonda sys the Authority is negotiating synergies with ...

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Payment of over K8 million to ‘ghost’ university students disappoints NUPPEZ

The National Union of Private and Public Educators of Zambia (NUPPEZ) is disappointed to learn that the Ministry of Higher Education paid over K8 million  in form of tuitions and meal allowances to non-existing University of Zambia and Copperbelt University students. According to the 2016 Auditor General’s report, the Ministry of Higher Education paid tuition and meal allowances to 543 ...

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Boy aged 11 dies after flying quarry stone rips his stomach

An eleven year-old boy of Kazungula District has died on the spot while three others sustained serious injuries after they were hit by flying stones from a stone blasting quarry at AJM/SHP quarry in Katombola area. Police Spokesperson Esther Katongo says the quarry belongs to a retired Colonel Adam Jansen Mwandila operating in partnership with Shi-Hai-Feng, a Chinese national. Ms ...

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Zimbabwe’s Mugabe faces looming resignation deadline

Zimbabwe’s embattled President Robert Mugabe is facing a deadline set by his own party to resign after his surprise speech where he refused to quit. Zanu-PF, which has stripped Mr Mugabe of the party’s leadership, says it will impeach him if he does not step down by 12:00 local time (10:00 GMT) on Monday. Proceedings could begin as soon as ...

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Cops Trying Find Crook Who Stole Sneaks Customized By Pharrell

(AllHipHop News) Police are seeking a bandit who made off with a pair of customized sneakers designed by Pharrell Williams. According to the cops, an unidentified victim posted an ad on Craigslist, seeking to sell a pair of limited edition Adidas by Pharrell, which were worth at least $6,000. The victim agreed to meet the possible purchaser at the Irvine ...

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