By Chanesa Tembo Secretary to the Cabinet PATRICK KANGWA says government has revised the National Policy on Anti-Corruption aimed at enhancing the fight against graft in the country. Mr. KANGWA says the revised policy will soon be launched. Speaking during the Launch of the Report of Evaluation of the Integrity Committee Programme 2023 in Lusaka
By Mwila Nsofu The World Bank has welcomed the agreement between the Zambian Government and bondholders on the terms for restructuring Eurobonds. This follows the agreement Zambia reached in 2023 with the official bilateral creditors. The Bank says the Official Creditor Committee has confirmed that the agreement meets comparability of treatment requirements and that the
By Patricia Banda Mporokoso Member of Parliament BRIAN MUNDUBILE has been suspended for 30-days for breach of Parliamentary privileges and contempt of Parliament. This follows a ruling on a point of order that was raised on October 6, 2023 by nominated Member of Parliament LIKANDO MUFALALI against Mr. MUNDUBILE for his conduct on the floor
By Mwila Nsofu Zambia’s Euro Bondholders will forego approximately 840 million dollars of their claims under the debt restructuring agreement. The London Stock Exchange says the bondholders will also provide cash flow relief of approximately 2.5 billion dollars during the IMF programme period. The respective weighted average maturity will be 15 years and 8-years under
(BBC) South Africa’s governing African National Congress (ANC) has failed in a legal bid to stop a newly formed party, backed by ex-President Jacob Zuma, from running in May’s general election. The uMkhonto we Sizwe (MK) party takes its name from the now-disbanded armed wing of the ANC. It is thought that Mr Zuma’s backing
The National Health Scheme Authority -NHIMA- has been taken back to the Ministry of Health. Health Permanent Secretary, KENNEDY LISHIMPI says the decision comes after several deliberations at Cabinet Office. Dr LISHIMPI says the Ministry is currently working on reversing the gazette notice, which took NHIMA to the Ministry of Labour , thereafter a second
Zambia Army Commander Lieutenant General SITALI ALINBUZWI says the Army will increase the uptake of military personnel attending exchange programmes in Zambia from the Eswatini Defence Force. Lt General ALIBUZWI says this is to enhance collaborative efforts in curbing emerging security threats to the region. Lt General ALIBUZWI was speaking when Umbutfo Eswatini Defence Force
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