Daily Archives: Mar 20, 2012

Why African economies including Zambia are outpacing the UK’s –

IT’S THE last place in the world you might expect to find green shoots, so whisper it quietly — Ethiopia is starting to BOOM. -Its economy, though still small, is now growing nearly TEN times faster than our own in … read more »

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No soldiers deployed in Mongu

Defence deputy minister Colonel Panji Kaunda has refuted reports being circulated by an online publication that government is deploying soldiers to Mongu, Western Province, ahead of the Barotse National Council. Col Kaunda says there are no troops being deployed to … read more »

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Fitch Ratings:Zambia’s de-registering of official opposition increases concerns

(The following statement was released by the rating agency) March 20 – Fitch Ratings says that additional strain could be placed on Zambia’s (‘B+’/Negative/’B’) government finances and its relatively strong governance undermined if the Registrar of Societies’ decision to de-register … read more »

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Task Force summons Mupwaya, former Zesco MD

FORMER Zesco managing director Ernest Mupwaya is being pursued by the joint investigative team in connection with about K50 million he allegedly gave to the MMD during last year’s election campaigns. And highly-placed Zesco sources said yesterday that the utility’s … read more »

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PRESS STATEMENT BY VERNON J. MWAANGA, GOEZ

MONDAY, 19TH MARCH, 2012 Several people phoned me last night to draw my attention to the interview which took place on MUVI TV “THE ASSIGNMENT” programme with the former President Mr. Rupiah Bwezani Banda. I decided not to react to … read more »

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UPND MPs won’t resign in solidarity with MMD

The opposition United Party for National Development (UPND) says it is unreasonable for anyone to suggest that UPND parliamentarians should resign in solidarity with the MMD if the former ruling party’s deregistration is upheld. UPND Deputy Spokesperson Cornelius Mweetwa says … read more »

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US$500 million First Quantum Minerals (FQM) smelter completion in 2014

THE US$500 million First Quantum Minerals (FQM) smelter at Kansanshi Mine in Solwezi is set for completion in 2014 just in time to meet the increased copper production targets at one of Zambia’s largest copper mines. According to an FQM … read more »

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Zambian Govt signs $29m road, bridge grants

GOVERNMENT and three regional organisations yesterday signed two grants totalling US$29.85 million for the construction of the 24 kilometre link of the Lusaka – Chirundu Road and a new weigh-bridge at Kafue. The three regional bodies in the Tripartite Trust … read more »

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Musokotwane duly lawfully elected

FORMER Minister of Finance and National Planning and MMD Liuwa member of Parliament (MP) Situmbeko Musokotwane was duly elected during the September 20, 2011 tripartite election, the High Court has ruled. Lusaka High Court judge-in-charge Jane Kabuka said yesterday the … read more »

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