Daily Archives: Jun 15, 2012

FQM pulls out of DRC operation

FIRST Quantum Minerals (FQM) has decided to pull out of the Democratic Republic of Congo (DRC) and has sold  its mining assets at the  value of US$1.25 billion following a prolonged battle with the DRC government. According to  the latest … read more »

Posted in Business | Leave a comment

Robiana’s body in Livingstone

THE body of the late Robiana Muteka who died in Lusaka on Wednesday has arrived in Livingstone in readiness for burial today. Michael Mwanamwale, Robiana’s cousin, confirmed this in an interview in Livingstone yesterday. “The body of late Robiana, who … read more »

Posted in LATEST | Leave a comment

End corruption in procurement system’

GOVERNMENT will ensure that corruption in the procurement system is stamped out, Works, Supply, Transport and Communications Minister, Yamfwa Mukanga, has said. Mr Mukanga said the Government would ensure that transparency and accountability were restored. The minister said this in … read more »

Posted in LATEST | Leave a comment

‘Improve access to finance for SMEs’

FINANCE Minister Alexander Chikwanda has advised the financial sector to suggest practical ways that will encourage increased access to financial services for small and medium enterprises (SMEs) through innovative financial products. Mr Chikwanda said he was concerned that while the … read more »

Posted in LATEST | Leave a comment

DEC nabs drug traffickers

THE  Drug Enforcement Commission (DEC) has arrested a resident of Chibolya area in Lusaka for trafficking in heroin. DEC public relations officer Samuel Silomba said in a statement in Lusaka yesterday that Obby Chileshe, 62, was arrested for trafficking in … read more »

Posted in LATEST | Leave a comment

Auditor General, ACC sign agreement

THE Auditor-General’s Office and Anti-Corruption Commission (ACC) have signed a Memorandum of Understanding (MoU) which will enable the two institutions speed up investigations and prosecution of corruption cases in the country. The MoU would ensure that the Auditor-General’s office furnishes … read more »

Posted in LATEST | Leave a comment

Law against dollar to strengthen Kwacha

THE Bank of Zambia (BoZ) has said the ban against quoting goods and services in American dollars is meant to enforce the Kwacha as the national legal tender and has warned that those found  violating the law  will face a … read more »

Posted in Business | Leave a comment

Govt halts all building works

GOVERNMENT has with immediate effect banned all construction works across the country and directed local councils to ensure that the directive is enforced. The move is aimed at curbing what has been described as rampant illegal allocation of land and … read more »

Posted in LATEST | Leave a comment

UK company to print ballot papers

THE Electoral Commission of Zambia (ECZ) has awarded a tender to print ballot papers for the forthcoming three parliamentary and 19 Local Government by-elections to Smith and Ouzman of the United Kingdom. ECZ public relations manager Cris Akufuna announced this … read more »

Posted in LATEST | Leave a comment