ZAMBIA NEWS

Power Tools bus accident claim four lives, 67 injured

Four people among them two drivers and two passengers have died on the spot while 67 others have sustained injuries in a road traffic accident in Mkushi after a truck and a Scania bus belonging to Power Tools collided head- on. The accident happened this morning around 06:30hrs along the Great North road, 25 km east of Mkushi. The accident ...

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UPND think twice about prayer, fasting program

The opposition united party for national development (UPND) says they will only take the 40 days prayer and fasting period seriously when they are officially communicated to. The National House of Prayer board has announced a 40-day period of prayer and fasting starting Saturday September 9 to October 18 which is a National Day of Prayer and Fasting. Chairperson of ...

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President Lungu officially commissions Lusaka – Ndola dual carriageway

President Lungu has officially commissioned the construction of the 366km Lusaka-Ndola-Luanshya Dual Carriageway at the cost of US$ 1.2 Billion. Speaking during the ground breaking ceremony in Chisamba today, President Lungu says this road will have various economic benefits for residents and business entities in communities where this project is being implemented. President Lungu says the Great North is the ...

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FDD demands that Matibini explains contraction of US$200 loan

The opposition Forum for Democracy and Development (FDD) has demanded that the Speaker of National Assembly Dr. Patrick Matibini must explain to the Zambian people whether or not Parliament authorized the contraction of the latest loan of $200 million by the PF Government from the World Bank in accordance with the Constitution. FDD Spokesperson Antonio Mwanza has told QFM News ...

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Cabinet approves acquisition of US$200 million from World Bank

The Government has paid K308.5 million of verified debt owed by various Ministries, Provinces, and Spending Agencies to Zesco, Zambia State Insurance Corporation [ZSIC], and Zamtel, of which, Zesco has been paid K172.6 million, ZSIC 91.9 million and Zamtel K44 million. The funds paid to the three State-Owned-Enterprises through a debt swap mechanism have been ring-fenced to off-set some outstanding ...

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Govt asked to reintroduce 7.5% import duty on copper concentrates

Business and Financial Analyst Blessings Kafwanka has called on government to consider reintroducing the 7.5 percent import duty on copper concentrates in the 2018 National Budget. Mr. Kafwanka has told QTV Business News that this 7.5 percent import duty was there in the 2017 national budget but was later removed as the copper prices on the international market were not ...

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40 days of prayer, fasting declared

The National House of Prayer has declared a forty day of prayer and fasting leading up to the National Day of Prayer and Fasting which will be held on 18th October, 2017. The period of prayer and fasting will begin on the 9th September, 2017. And the advisory board has urged Political Parties to settle their internal disputes amicably, to ...

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President Lungu meets Stanchart Group CEO

President Edgar Lungu has met Standard Chartered Bank Group Chief Executive Officer Bill Winters and discussed the bank’s plans to increase their participation in the Zambian economy across various sectors. Mr. Winters has assured President Lungu that on the occasion of the Standard Chartered’s 100 years of operations in Zambia, it was right and proper that the bank pledges to ...

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President Lungu to commission Lusaka – Ndola dual carriage way

President Edgar Lungu is this Friday expected to commission the expansion of the 1.2 Billion U.S Dollar Great North Road into Lusaka – Ndola dual carriage way. The Contractor has mobilized equipment and works on some sections of the road have already started. And the Road Development Agency (RDA) says the Lusaka -Ndola dual carriage way will make travel on ...

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President Lungu asked to save Mutati

Political Scientist Dr. Alex Ng’oma has called on President Edgar Lungu to ignore massive calls for him to sack Finance Minister Felix Mutati. Dr. Ng’oma says in fact the PF should be grateful to Mr. Mutati as he has done more good than harm to this country. He recalls that when the Finance Minister ascended to his office, the country’s ...

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