By Chileshe Mwango Financial Analyst Blessings Kafwanka has advised commercial banks in the country to adopt attractive banking services for them to remain relevant and competitive in the financial sector. In an interview with phoenix business news, Mr. Kafwanka observes that some commercial banks are now closing their branches because of the pressure coming…
Bank of Zambia governor Dr Denny Kalyalya has attributed the recent sharp depreciation of the kwacha against the US dollar to the emergency importation of electricity from South Africa to cushion the severe shortages in the country. And the central bank’s Monetary Policy Committee’s (MPC) has increased the policy rate to 11.50 per cent from…
By Lomphande Muzumi A Political Scientist Euston Chiputa has charged that the continued arresting of opposition political party leaders whenever they hold public discussions is not only denting the image of the ruling patriotic front but an assault on democracy. Dr Chiputa’s sentiments come in the wake of the arrest and detention of opposition…
The Solwezi Municipal Council, in partnership with the Zambia Police Service and the Veterinary Department have shot dead over 37 dogs suspected to be stray, unvaccinated and unregistered under the ongoing stray dog elimination exercise in the District. Council Assistant Public Relations Manager Esther Chirwa has disclosed the development in an interview, saying the dogs…
Economics Association of Zambia president Dr Lubinda Haabazoka has advised the government and the Bank of Zambia to quickly act appropriately to arrest the current economy challenges in the country by employing workable tactics. Dr Haabazoka, who has been quiet for some time, posted on his Facebook page that the central bank and Ministry of…
No one can be happy about smuggling of anything out of Zambia. No one can be happy about the rampant smuggling of mealie meal on the Copperbelt into the neighbouring Democratic Republic of Congo. But then, no one can be happy about the killing of Zambians that try to engage in this illegal trade. We…
Minister of Higher Education Brian Mushimba says Government will maintain the University of Zambia (UNZA) and Copperbelt University (CBU) as the country’s premier learning institutions in the wake of the mushrooming of private universities. Speaking on the sidelines of a Harvard Ministerial Leadership Training in Addis Ababa, Ethiopia, the minister said UNZA and CBU being…
