Category: Latest News

Zambia, let us support Chipolopolo

Dear editor, The Total under 20 Africa Cup of Nations (AfCON) football tournament which will commence tomorrow and end on Sunday March 12, 2017 will be tough and thrilling at the same time. This is because the players will showcase creme de la creme of African football. The Beston ‘Quicksilver’ Chambeshi tutored side and reigning

Caterpillar to open new parts distribution facility in South Africa

Caterpillar Inc today announced plans to consolidate its parts distribution centers in Isando, South Africa into a new parts distribution facility near Johannesburg at about 20 kilometers (12 miles) from the existing centers. The new facility is expected to become operational in the second quarter of 2017. The consolidation provides several advantages including enabling the

ZNBC fails to televise U-20 AFCON

The Zambia National Broadcasting Corporation (ZNBC) will not televise the Total under 20 Africa Cup of Nations which will be hosted by Zambia from Sunday February 26 to March 12, 2017. ZNBC corporate affairs manager Masuzyo Ndhlovu has disclosed that the national broadcaster failed to raise the 400 thousand Euros demanded by the Confederation of

Uncivilized South African Xenophobic attacks

By Prof. Michelo Hansungule The main problem on xenophobia is government. King Zwelatin of the Zulu people called on foreigners to go home where they came from, regardless (https://citizen.co.za/news/news-national/349347/foreigners-must-go-home-king-zwelithini/). Jocob Zuma’s son, Edward, (https://www.zimeye.net/zumas-son-supports-king-zwelithinis-shocking-statements/) supported the king. President Zuma did not condemn the king or his son. Instead, he said his son is an adult

Zambian bank interest margins highest in region

…Lending rates reduction key to quick economic recovery  By Mwansa P. Chalwe The Zambian economy will not recover quickly enough as long as Commercial banks continue charging unjustifiable and exorbitant interest rates.There is no doubt that the high interest rates are constraining economic activity and improved business confidence. It is also apparent that Commercial banks
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