Daily Archives: Dec 27, 2011

Kwacha to appreciate on issue of the US$700 million sovereign bond

FINANCE Bank Zambia Limited says Government’s plans to issue the US$700 million sovereign bond next year will contribute to the positive outlook of the Kwacha in the medium to long term. The Kwacha, which has depreciated by over five percent … read more »

Posted in Business, LATEST | 2 Comments

Robert De Niro has become a father again at 68

Robert De Niro has become a father again at 68. Stan Rosenfield, the actor’s spokesman, said tonight De Niro and his 56-year-old wife, Grace Hightower, welcomed a healthy 7lb 2oz baby girl, Helen Grace Hightower, through a surrogate mother. She … read more »

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Zambia: Shop owners spray acid on employee

By NIZA NAMWINGA and NKOMBO KACHEMBA A 22-YEAR-OLD man of Lusaka was yesterday burnt with an unknown acidic liquid which suspected businessmen of Asian origin sprayed on him on suspicion that he had stolen a box of Boom detergent paste … read more »

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‘Theft under Banda was massive, corruption of Chiluba’s 10-year-rule is a joke’

MINISTER of Home Affairs Kennedy Sakeni says the corruption of Frederick Chiluba’s 10-year-rule is a joke when compared with the theft of public resources in just three years of Rupiah Banda’s government. Sakeni said everything in Banda’s administration stinks and … read more »

Posted in Columnists, LATEST | 5 Comments

Times of Zambia accused of witch-hunt by Journalist

By Concerned Journalist The decision by Times of Zambia managing director Mr Godfrey Malama to demote some editors at Times of Zambia newspaper can only be regarded as witch-hunt and interference by the PF government in the affairs of public … read more »

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Constitutional committee nods Diaspora concerns

Professor Muna B. Ndulo concerned The technical committee on the drafting of the new constitution says concerns raised by international constitutional lawyers require action on them. Two Zambian constitutional lawyers based outside the country have observed that the current constitution-making … read more »

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State urged to redirect mining FDI to other sectors

THE Bank of Zambia (BoZ) has urged the Government to commit some of the foreign direct investments meant for mining projects to other sectors of the economy to reduce over dependence on copper. BoZ deputy governor in charge of operations … read more »

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Soccer fans query team selection ahead of the 2012 Africa Cup of Nations

AS Zambia regroups in Lusaka today after a Christmas break before departure for a training camp in South Africa ahead of the 2012 Africa Cup of Nations (AFCON) finals, Zambia Voluntary Soccer Fans Association (ZAVOSOFA) has questioned coach Herve Renard’s … read more »

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Zambia Competition watchdog probes ‘cheating’ banks

THE Competition and Consumer Protection Commission (CCPC) has commenced intensive investigations on all commercial banks countrywide which are suspected to have formed cartels to offer uniform interest rates to unsuspecting customers. CCPC director in charge of consumer and public relations … read more »

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