Monthly Archives: July 2018

WWE: Wrestling world mourns death of three stars

Tributes have been paid to three former stars of the wrestling world who died on the same day this weekend. Brian Lawler, Nikolai Volkoff and Brickhouse Brown all passed away on Sunday aged 46, 70 and 57 respectively. The WWE said it was “saddened” to hear Lawler and Volkoff had died, while the National Wrestling Alliance sent its “deepest condolences ...

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Zimbabwe election: High turnout in first post-Mugabe poll

Voter turnout is high in Zimbabwe’s first general election since long-serving ruler Robert Mugabe was ousted, officials say. Foreign observers have hailed the election as an opportunity for Zimbabwe to break with its repressive past. The presidential election is expected to be a tight contest between the incumbent Emmerson Mnangagwa and his main rival Nelson Chamisa. Parliamentary and local elections ...

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NAPSA expecting to close year at K27bn

The National Pension Scheme Authority (NAPSA) says it expects to close its investment portfolio in the country at K27 billion by the end of 2018. NAPSA Board of Trustees Chairperson, Marian Munyinda says the Authority’s investment portfolio currently stands at K25 billion. Ms. Munyinda says NAPSA’s investment portfolio by the 31st of December this year will represent 10 percent of ...

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Zambia likely to default predicts PAC President

People’s Alliance for Change (PAC) President, Andyford Banda says the move by President Edgar Lungu to request Turkey to help Zambia repay the $3 billion Eurobond is an indication that Zambia is likely to default. During bilateral talks with his Turkish counterpart at State house over the weekend, President Lungu revealed that a Turkish company has offered to help Zambia ...

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Zambia to train specialized surgeons locally

Minister of Health, Dr Chitalu Chilufya says government will this year begin training specialized surgeons locally at the Levy Mwanawasa Medical University which is adjacent to Levy Mwanawasa Teaching Hospital. Meanwhile a total of 15,000 health workers and 215 doctors have been recruited from 2017 to date out of the set target of 30,000 health personal and 500 doctors to ...

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ZCCM-IH declares K81.4 million dividend to IDC

The ZCCM Investments Holdings Plc (ZCCM-IH) has declared a dividend valued at K81.4 million to the Industrial Development Corporation Ltd (IDC) which is a major shareholder. Speaking when he presented the K81, 421, 546 cheque, ZCCM-IH Chief Executive Officer, Dr. Pius Kasolo said ZCCM-IH made a profit of nearly K720 million which he says is the highest for all the ...

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Court Summons Koffi

The Lusaka Magistrate court has summoned Congolese Rumba Maestro Agpepa Mumba also known as Koffi Olomide to appear in court without fail on the charge of assault. Mumba is alleged to assaulted photo journalist Jean Ndayisenga in Lusaka on 28th December, 2012. When the matter came up for plea before Lusaka Magistrate Naomi Sakala, Lawyer representing the complainant Gilbert Phiri ...

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Disgraced Chingangu goes back to jail for theft

The Lusaka Magistrate court has sentenced former national heavyweight boxing champion Joseph Chingangu to 18 months with hard labour on two counts of assault and theft. In count one, it is alleged that Chingangu, on May 7, 2018, in Lusaka district, did steal two suitcases containing clothes altogether valued at K1,440 from a motor vehicle namely; Toyota Noah registration number ...

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Zambia’s debt accumulation to slowdown – Mwanakatwe

Minister of Finance, Margaret Mwanakatwe says no unilateral action will be taken by government if the offer from a Turkish company to refinance the 2022 Eurobond crystallizes. In statement obtained by Q-news on the rating action from Moody’s and Fitch rating agencies, and on refinancing the 2022 Eurobond, Mrs Mwanakatwe says while government is open to discussing financing of the ...

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Mourinho frustrated with under-strength United squad

Jose Mourinho has hit out at Manchester United’s transfer window inactivity after watching his under-strength squad crash to a 4-1 defeat against Liverpool in the latest stop of their pre-season US tour. Mourinho said he expected to bring in only one new player before the new Premier League season kicks off despite submitting a list of five transfer targets to ...

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