THE Chipata Magistrates’ Court has jailed a Green Farmers Suppliers director for swindling over 1,000 farmers out of K73,811 on the pretext that he would provide them with inputs. Greyson Phiri, who appeared before magistrate Philip Mpundu, was charged with theft. In mitigation, Phiri said he had already apologised to the affected farmers and that
LEWIS Mosho, a Lusaka lawyer whom State House used to liquidate Post Newspapers Limited, is seeking to have operations of First National Bank suspended in Zambia for allegedly attacking his creditworthiness at the Credit Reference Bureau. But FNB Zambia, through its Corporate Affairs manager Luke Ndhlovu, says the bank has always been a good corporate
A court in Nigeria has seized $21m (£16m) from bank accounts linked to former oil minister Diezani Alison-Madueke, who is being pursued by the national anti-corruption agency, the AFP news agency and Premium Times reports. The Economic and Financial Crimes Commission (EFCC), argued that the money in the bank accounts had been laundered with the
North Korea has fired a missile over northern Japan in a move Japanese Prime Minister Shinzo Abe called an “unprecedented” threat to his country. The missile, launched early on Tuesday Korean time, flew over Hokkaido island before crashing into the sea. The UN Security Council is expected to hold an emergency meeting in response. North
Good Morning Mwebantu, Here is your word for today: Verse: Matthew 4:4 ‘Man shall not live on bread alone, but on every word that comes from the mouth of God.’ – All of humanity needs food (bread) to survive. – But there are other needs in life that cannot be satisfied with physical things. –
Sean Enock Tembo says it is immoral for government to fund political parties in the midst of economic challenges. Appearing on a UNZA Radio program dubbed ‘the Lusaka star’, Tembo said funding of political parties is a good initiative but that the timing is wrong. He said funding political parties should be done at an
ALVIN CHIINGA, Lusaka THE Economics Association of Zambia (EAZ) says Zambia’s sovereign rating from negative to positive by Standards and Poors (S&P) Global will attract more investment into the country. EAZ president Chrispin Mphuka said in an interview yesterday that the development sends a good signal to investors, who will direct their investments to Zambia
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