Category: Latest News

Al Ahly visit Zesco in Group A opener

Zesco United kick-off their 2016 CAF Champions League Group A campaign next month with a home date against Al Ahly of Egypt. The record 8-time African champions will travel to Ndola on June 18. Other teams in Group A are Wydad Casablanca of Morocco and Cote d’Ivoire giants ASEC Mimosa. Zesco well be away on

Zambia commemorates African Freedom Day

Zambia has today Wednesday the 25th of May joined the rest of Africa in commemorating African Freedom Day which falls on this day annually. This year’s Africa Freedom Day is being commemorated under the theme “celebrating the role of women in the liberation struggles”. And President Edgar Lungu this morning led defense chiefs and foreign

Foreign Voters’ should be treated like thieves – FDD

Forum for Democracy and Development (FDD) spokesperson Antonio Mwanza this morning claimed that there is overwhelming evidence that the ruling Patriotic Front (PF) has registered foreign nationals for the forthcoming General elections and referendum on 11th August with the connivance of the Electoral Commission of Zambia (ECZ). “There is overwhelming documented evidence that the PF

Debt default risk increases in Mozambique

By Thea Fourie, Senior Economist, IHS Global Insight The inability of state-owned enterprise Mozambique Asset Management (MAM) to make a payment of $178 million to foreign private creditor VTB Bank of Russia and the government’s failure to honour its sovereign guarantee by yesterday (23 May) has increased Mozambique’s default risk quite substantially. The MAM loan,