Monthly Archives: October 2018

Zambia now has locally grown autocracy – OASIS Forum

The OASIS Forum has charged that instead of a colonially imposed dictatorship, Zambia now has a locally grown autocracy 54 years after independence. OASIS Forum Chairperson Eddie Mwiitwa says instead OF ruling white elite, Zambia now has a ruling African elite that has imposed a similar system of oppression and dictatorship as the white elite. In a statement made available ...

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Bolt deal with Mariners ‘unlikely’ without financial help

Eight-time Olympic sprint champion Usain Bolt is “unlikely” to sign a deal with Central Coast Mariners without a financial contribution from a “third party”, say the Australian club. The Jamaican, 32, retired from athletics in 2017 and has been on trial with the A-League side. The Mariners said they have made a “contract proposal” broken down into “football” and “commercial” ...

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Can TV reboots be a Blockbuster success?

TV bosses are always looking for the next big blockbuster. “Wait! I’ve got it. What about Blockbusters?” many producers have (repeatedly) suggested over the years as the format has been rebooted. Simon Mayo and Liza Tarbuck have both fronted various iterations of the show, originally hosted by Bob Holness, over the years. And now, according to The Sun, the show ...

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EU rejects Italy’s high-spend budget

The European Commission has told Italy to revise its budget, an unprecedented move towards a EU member state. Italy’s ruling populist parties have vowed to push ahead with campaign promises including a minimum income for the jobless. But it has the second-highest national debt in the eurozone. The Commission said that was a “particularly serious non-compliance” with their recommendations. Italy ...

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Khashoggi murder ‘planned days in advance’

The killing of journalist Jamal Khashoggi was planned days in advance, Turkish President Recep Tayyip Erdogan has told MPs from his ruling party. He said Turkey had strong evidence Khashoggi was killed in a premeditated and “savage” murder at the Saudi consulate in Istanbul on 2 October. He also called for the suspects to be tried in Istanbul. He demanded ...

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Market capitalization grew by 0.08% in 2018 3rd quarter – SEC

The value for market capitalization of listed companies in Zambia grew to K62, 935 million in the third quarter of 2018 in kwacha terms. Securities and Exchange Commission (SEC) Chief Executive Officer, Phillip Chitalu says this growth is 0.08 percent higher than the K62,884 million growth recorded in the second quarter. Mr. Chitalu says on a year to year basis, ...

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Export of 20MW of power to Malawi to commence on Friday

Government will this Friday, 26th October commission the export of 20 megawatts of power to neighboring Malawi. Minister of Energy, Mathew Nkhuwa says a further 50 megawatts of power will be provided to that country once it upgrades its transmission line. In an interview with QTV News, Mr. Nkhuwa says Malawi is buying power from Zambia as it is only ...

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Chiteme appeals to UK to reverse decision to withdraw aid

National Planning Minister Alexander Chiteme has appealed to the United Kingdom (UK) Department for International Development (DFID) to consider reversing the decision to withdraw its financial assistance to Zambia. Government last month refunded 2.7 million pounds meant for the social cash transfer after the UK government demanded it back following reports that it had been misappropriated. Speaking during a Patriotic ...

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Mabumba indefinitely suspends 2018 ECZ exams

General Education Minister David Mabumba has announced the indefinite suspension of the 2018 examinations at all levels due to infiltration. Mr. Mabumba has told a media briefing that the suspension affects the grades nine, seven and twelve examinations. He says this follows the leakage of the grade nine mathematics paper two examination question paper online. Mr Mabumba says his ministry ...

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Lungu’s govt is most corrupt in Zambia’s history – Musumali

The Socialist Party has described president Edgar Lungu’s government as the most corrupt in Zambia’s history. Socialist Party Secretary General Cosmas Musumali has expressed worry that the ruling Patriotic Front which promised to fight corruption while in opposition, is now allegedly engulfed in several allegations of corruption. He says this is evidenced by the numbers of corruption cases been recorded ...

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