Tag: Zambia

ZAMBIA THRASH ESWATINI 5:0

By Chansa Kunda The Copper Queens have opened their 2021 COSAFA women’s’ Championship campaign with a bang after thrashing Eswatini five nil this afternoon. Striker OCHUMBA OSEKE scored a hat trick and was awarded player of the match as she fired the team to a great start. OSEKE found the back of the net in…

IMF APPROVES $1.3BN ALLOCATION FOR ZAMBIA

By Brian Mwale The International Monetary Fund -IMF- Board of Directors has approved a 1.3-billion dollar general allocation of Special Drawing Rights (SDR)- for Zambia. These funds are from the 650 billion dollars SDR for eligible member countries. The Ministry of Finance notes that the 1 point 3 billion dollars that Zambia will receive doubles…

BANK OF ZAMBIA BUYS 478KG GOLD

(ZANIS) The Bank of Zambia has purchased 478.76 kilograms of gold at a cost of 604.3 million Kwacha since December 2020. In a statement, the Bank of Zambia, Communications Division says this is broken down in 391.92 Kilograms purchased from Kansanshi Copper Mining Plc at a cost of 500.5 Million Kwacha and 86.84 Kilograms purchased…

CNN NODS ZAMBIA AS TOURIST DESTINATION

By Wilson Mulinda   Zambia has been listed among CNN’s international destinations that tourists planning vacations in 2021 should consider for their holiday travel. The new listing published on April 22,2021 is significant because travel remains restricted in light of the threat of COVID-19. First Secretary Press at the Zambia Embassy in Washington ERIC MWANZA…

INDO-ZAMBIA BANK TO PAY K75M IN DIVIDENDS

By Etambuyu Katota- INDO-Zambia Bank has declared a 75 million Kwacha dividend  for the 2020 financial year. The Industrial Development Corporation -IDC-which has a 40 percent stake in INDO-ZAMBIA Bank will receive 30 million Kwacha of the total 75 million Kwacha dividend payout. The dividend payment is 4 million Kwacha higher than the 71 million…

‘TROLLEY CHINESE’ UNDER INVESTIGATION

  By Brian Mwale-Labour Commissioner Givens Muntengwa says the Ministry of Labour is working with the Immigration Department in investigating the alleged abuse of a Zambian by a Chinese national who was being pushed on a trolley. Mr. Muntengwa says the Immigration Department has been engaged because the matter is beyond his Ministry as the…
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