Tag Archives: development

President Sata reaffirms commitment to youth empowerment

President Michael Sata has reaffirmed his government’s commitment to the empowerment of youths in the country. In a speech read on his behalf by vice president Guy Scott during the youth day commemorations, President Sata says it is the desire … read more »

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Home Affairs Minister Edgar Lungu to improve Ministry facilities

Home Affairs Minister Edgar Lungu says it is shameful and embarrassing that 50 years after independence, some officers in his ministry still operated under trees and tents. Mr Lungu noted that it was high time that the welfare of police … read more »

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Diaspora Bonds in an African Context

The Chief Economist Complex of the African Development Bank Group has released an Economic Brief on the application of diaspora bonds in an African context. Drawing lessons from diaspora bond issuances in Israel, Ethiopia and India, the paper, entitled “Diaspora … read more »

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How the African diaspora is using social media to influence development

Something transformational has been happening online: African voices have begun populating social media, quickly becoming the undisputed champions of development punditry. No longer are we faced with what the Nigerian writer Chimamanda Adichie called “the danger of a single story”. … read more »

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Stanchart to inject $300m in local SMEs

THE small-scale business sector is to receive a boost from Standard Chartered Bank which has projected to inject a total of US$300 million to support the growth of Small and Medium Entrepreneurs (SMEs) in the country. Standard Chartered Bank managing … read more »

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MMD loses Kapiri, Lukulu West seats

The opposition MMD has suffered another setback after the Supreme Court this morning nullified the election results of Lukulu West and Kapiri Mposhi Constituencies. The Supreme Court has upheld the High court’s ruling of nullifying the election of MMD’s Misheck … read more »

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Zambians in Diaspora can be part of an accelerated economic growth rate

By Daniel Mwamba Diaspora’s capabilities in terms of remittances, investment and knowledge transfer are crucial to the development of Zambia. Thus, Zambians in the Diaspora are equipped to invest in Zambian companies and establishing new ventures. The Zambian Diaspora should … read more »

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Kenya begins construction of ‘silicon’ city Konza

Kenya’s president has launched a $14.5bn (£9.1bn) project to build a new city intended to be an IT business hub and dubbed “Africa’s Silicon Savannah”. It will take 20 years to build Konza Technology City about 60km (37 miles) from … read more »

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Business Review by Uncle Mike

COSTLY SOCIAL VENTURES… It is surprising that certain events that are costly to this nation and totally unnecessary that existed in the first and second republic are still prevalent today. I’m referring to the Practice of welcoming political leaders at … read more »

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