Daily Archives: June 18, 2022

CSO-DAN saddened by flop of motion to push for the amendment of CDF guidelines

The Civil Society Organizations Decentralization Alliance Network-COS-DAN has urged members of parliament to adopt a by-partisan attitude on matters that have a bearing on the livelihoods of their constituents. CSO-DAN national coordinator George Chimembe is saddened that the motion to push for the amendment of CDF guidelines failed because the members of parliament that moved the motion did not garner ...

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BAZ doubts local banks capital capacity to undertake strategic review of a mining company

Bankers Association of Zambia Chief Executive Officer, Leonard Mwanza says most Zambian banks do not have adequate capital capacity to undertake strategic review of a mining company. His comment comes in the wake of the decision by ZCCM-IH to engage South Africa’s Rothschild & company to assist with strategic review of Mopani Copper Mines PLC aimed at finding ways of ...

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SAFADA urges govt to consider further increasing maize price

Small Scale Farmers Development Agency (SAFADA), Executive Director, Boyd Moobwe has appealed to the government to consider increasing the maize price announced by the Food Reserve Agency (FRA). The FRA has announced that it will buy a 50kg bag of maize at K160 an increase of K10 on last year’s price of K150. Mr Moobwe says those that have welcomed ...

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Energy expert projects $1 billion loss in uncollected revenue due to continued extension of the fuel subsidies

Energy expert Johnstone Chikwanda has projected that government will lose about 1 billion United States Dollars in uncollected revenue by the end of 2022 as a result of the continued extension of the fuel subsidies. Mr. Chikwanda states that in as much as government’s decision to extend fuel subsidies for another three months as announced by Energy minister Peter Kapala ...

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