Copperbelt Energy Corporation (CEC) says it will invest up to US$220 million in the development of the 40 Megawatts Kabompo Hydroelectric Power plant project. The Company has so far spent over US$30 million on the project which is expected to create about 1,000 jobs during the three years it will be undertaken. CEC Board Chairperson Hanson Sindowe says his company ...

Republican President Edgar Lungu says landlocked developing countries (LLDCs) should double their efforts towards improving their trade competitiveness for them to fully integrate into global trade circles. Speaking when he officially a high level follow-up meeting to the second United Nations Conference for Landlocked Developing Countries (LLDCs) in Livingstone today,President Lungu says it is regrettable that the Group of Landlocked ...

Police in Lusaka have arrested Finance Bank Chairman Dr. Rajan Mahtan and charged him with two counts of forgery. Police Spokesperson Charity Munganga Chanda in statement issued to QFM News says Dr Mahtan was arrested this morning. Ms Chanda says in both counts, Dr. Mahtan is alleged to have jointly and whilst acting with other persons unknown forged a Transfer ...

Lands Minister Christabel Ngimbu says government is determined to curb illegal land allocation in the country. Ms Ngimbu says her ministry has engaged the relevant law enforcement agencies such the Zambia Police to curb illegal allocation of land. She has told Journalists in Lusaka today that Police have been directed not to protect anyone found allocating land illegally. Ms Ngimbu ...

US Ambassador to Zambia Eric Schultz says he is confident American companies can be a key to unlocking Zambia’s full economic promise by bringing the world’s best technology, employing and training locals and creating growth. Speaking during the Corporate Council on Africa Trade Mission reception in Lusaka last evening, Mr. Schultz says promoting trade and business connections between Zambia and ...

The Securities and Exchange Commission (SEC) is concerned with the little participation in capital markets by Zambian companies and people. Speaking during a media workshop in Chisamba this morning, SEC Director of Market Supervision and Development Mutumboi Mundia says there is very little information being disseminated on capital markets which is why only a few companies and people have invested ...

The Human Rights Commission has condemned the gruesome murder of a 37-year-old albino woman in Lundazi district in eastern province. Commission Director Florence Chibwesha in a statement says the death of Charity Zimba is extremely unfortunate, adding that such grisly acts should be condemned by all Zambians. Ms Chibwesha says it is very disturbing to hear of how Ms Zimba’s ...

ONE Directioners have had the WORST day after being tricked into believing that Zayn Malik would be returning to the band. Starting over night, the hashtag, #WelcomeBackTo1DZayn, began in Brazil after a One Direction documentary aired, which apparently featured Zayn claiming he would make a comeback. The hashtag soon began trending, causing worldwide despair among fans that have barely recovered ...

Coach Massimiliano Allegri insists Juventus will be ready for the “fearsome” trio of Luis Suarez, Neymar and Lionel Messi when the Turin giants face Barcelona in the Champions League final. Juventus’s season has gone almost to perfection under Allegri, who in his first season in charge has led the Bianconeri to a fourth consecutive scudetto and their first league and ...

Five people are dead and hundreds are missing after a ship carrying more than 450 people capsized on the Yangtze River in China’s Hubei province. The ship is floating upside down in a wide stretch of river – state media said rescuers tapping the hull had heard calls for help from inside. The boat, the Eastern Star, reportedly sent no ...