Daily Archives: Dec 19, 2011

Shamenda warns rude NSCZ affiliates

MINISTER of Labour, Youth and Sport Fackson Shamenda has threatened to cut funding to any sports association that will not show respect to the National Sports Council of Zambia (NSCZ). Shamenda said the NSCZ was created by an Act of … read more »

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Who got bone & bread?

AS WAS probably expected, the over-hyped and over-advertised ZNBC Born and Bred Video Awards last Friday at the Mulungushi International Conference Centre attracted an over-crowded lot. And a bit of chaos! So crowded was the place that it was not … read more »

Posted in Culture & Fashion | 14 Comments

Zambia eligible to continue Millenium Challenge

ZAMBIA is among the eligible countries selected by the United States of America to continue the process of developing the Millennium Challenge Corporation compacts next year. The Millennium Challenge Corporation is an innovative and independent U.S. foreign aid agency that … read more »

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Barrick donates to Govt

Barrick Lumwana Mining Company in Solwezi has donated tarpaulins and fumigants worth K567.7 million (about US$113,540) to Government to protect maize produced in the province during the 2010/2011 farming season. Speaking during the handover ceremony on Tuesday, managing director Randy … read more »

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CCPC directed to investigate mines

GOVERNMENT has directed CCPC to investigate big firms particularly mining firms that are sidelining small and medium enterprises (SMEs) in supply and procurement, and submit a report within 30 days. Meanwhile, the Competition and Consumer Protection Commission (CCPC) has launched … read more »

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NATSAVE in capital threshold deficit

THE 2009 Auditor General’s report has revealed that National Savings and Credit Bank (NATSAVE) is operating below the minimum capital threshold of K2 billion. According to the Banking and Financial Services Act part I section 63 (capital adequacy), the Bank … read more »

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Fired minister thanks President

FORMER Southern Province Minister Lukolo Katombora has thanked President Sata for having accorded him chance to serve as Southern Province minister. He said in an interview in Livingstone yesterday that he has not refused to vacate office and hand over … read more »

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‘Situmbeko must refund pay’

STATE House has come up with more revelations concerning the double salary that former Minister of Finance and National Planning, Situmbeko Musokotwane, is said to have received between 2008 and 2009. This has prompted Transparency International Zambia (TIZ) to call … read more »

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Zambia Jan-Nov FDI pledges soar to $4.6 bln

LUSAKA (Reuters) – Foreign Direct investment (FDI) to Zambia in the first 11 months of 2011 jumped to $4.6 billion from $4.3 billion in the same period last year, a government body said on Monday. Margaret Chimanse, the spokeswoman of … read more »

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