Remembering Frederick Chiluba

THE Latin phrases De mortuis nihil nisi bonum (of the dead, nothing unless good) indicate that it is socially inappropriate to speak ill of the dead. So whatever ill has been spoken about the late President Frederick Chiluba should be buried in the history of time. We thus join his children, friends and well-wishers in

Kabwe bartender murdered

By PASSY HAACHIZO - A FORTY-YEAR-OLD bartender of Kabwe’s Katondo Township has been murdered by suspected bandits who went away with five Bonanza machines. Central Province Police chief Lombe Kamukoshi identified the deceased as Daniel Bwalya, who was attacked by unknown people while on duty at a named bar. She said Mr Bwalya was murdered

Invest in solar-diesel hybrid micro-grids, mines told

By KENNEDY MUPESENI - MINING houses should consider investing in solar-diesel hybrid micro-grids  as an alternative power source looking at the cost-effective nature of the electricity  source. German Energy Solutions Initiative project manager for Southern Africa Tobias Cossen said the mines should consider investing their own capital in electricity micro-grids. Mr Cossen said mining companies

Mines should disclose name, identity of owners – ZEITI

By MAIMBOLWA MULIKELELA - ZAMBIA’s Extractive Industries Transparency Initiative (ZEITI) says all mining companies will now be required to disclose the name and identity of their ultimate owners to curb corruption and illegal deals. This will be implemented under the 2016 EITI standards, which require all companies operating in EITI countries to disclose the name

AMSCZ bemoans cartels in mining supply chain

By KENNEDY MUPESENI - CARTELS in the mining supply chain are affecting business for local suppliers and contractors, Association of Mining Suppliers and Contractors  of Zambia (AMSCZ has observed. The association has since appealed to statutory bodies like the Competition and Consumer Protection Agency (CCPC) to come in and arrest the situation. In a contribution

Luanshya businesses call for investment in value addition industries

By CHATULA KANGALI - THE Luanshya Business Association has called for investment in value-addition industries to improve the economic growth of the district that has depended on mining for a long time. Association executive secretary Paul Thera said in an interview that there was need for value-addition industries especially in agro-processing to be set up

ZSU vice to contest for presidency

By RONALD CHAWE - ZAMBIA Swimming Union (ZSU) vice-president Guy Phiri says he will contest the position of presidency during this weekend’s elective Annual General Meeting (AGM) in Chisamba. Phiri said he wants to stand for the top position so that he continues with the union’s developmental programmes at grassroots level. “I can confirm that

Lungu reaffirms … I’ll continue implementing infrastructure development

By STEVEN ZANDE - PRESIDENT Edgar Lungu has reaffirmed Government’s resolve to continue implementing infrastructure development projects which are crucial in the country’s quest to attain sustainable national development. President Lungu said he would ensure that infrastructure development programmes were successfully implemented to allow Zambia’s social and economic transformation. The President said the Government had

Madison dominates LuSE turnover

TRYNESS TEMBO, Lusaka THE Lusaka Stock Exchange (LuSE) last week registered a significant turnover, largely contributed by Madison Finance Services (MFS). The LuSE witnessed significant increase in turnover of over K3 million, largely contributed by trade in MFS shares, which accounted for almost K2.4 million. This is in comparison to the previous week of a

Post Newspapers ‘special’ edition sold out as Amnesty International condemns its closure

The controversial Wednesday edition of the Post Newspapers was sold out within hours of hitting the streets. The newspapers firm managed to get a special edition out after Zambia Revenue Authority seized its assets and equipment virtually grinding its operations to a halt following a tax row. The limited special edition which was printed from

Prof Fackson Banda condemns Post closure, appeals to President Lungu to intervene

Internationally respected media scholar Professor Fackson Banda has appealed to President Edgar Lungu to personally intervene in the Post Newspapers tax row which has resulted in the Zambia Revenue Authority shutting down the publication. Professor Banda said President Lungu should personally intervene in the matter, not only because of his legal background which included supporting

SMEs have potential to grow, says expert

KELLY NJOMBO, Lusaka FINANCIAL Sector Deepening Zambia (FSDZ) says financial service providers need to start viewing small and medium-scale enterprises (SMEs) as entities with the potential to contribute to economic development and job creation. FSDZ chief executive officer Betty Wilkinson said SMEs account for a significant share of employment and gross domestic product around the

World Bank projects better economic growth for Zambia

ESTHER MSETEKA, Lusaka A LATEST World Bank report says Zambia’s medium-term prospects for economic growth are brighter and projected to improve to 4.2 percent next year and five percent  in 2018. According to the Seventh World Bank Zambia economic brief entitled: ‘Beating the slowdown, making every Kwacha count’ released yesterday,  the report shows that despite

Plate semi-final win cheers Chiyangi

DIANA MUTAKAFIMBO, Windhoek ZAMBIA 3 LESOTHO 2 ZAMBIA on Tuesday night beat Lesotho in the Council of Southern Africa Football Associations (COSAFA) Senior Challenge Cup Plate semi-finals with assistant coach Aggrey Chiyangi saying the Chipolopolo have made amends for the defeat to Swaziland. Two days after losing 4-2 on penalties to Swaziland, the Buchizya Mfune-captained