Government Urged To Reduce Borrowing

Government Urged To Reduce Borrowing

The Economics Association of Zambia says there is need for government to put in place stringent measures to reduce borrowing. Reacting to concerns raised by the IMF on the country’s debt levels which has resulted in the halting of talks on a possible bailout package, Association Programmes Officer, Kampamba Shula feels enacting the public procurement […]

6 Arrested For Illegal Sale Of HIV And Malaria Test Kits

6 Arrested For Illegal Sale Of HIV And Malaria Test Kits

Six people including two pharmacy owners have been arrested for the illegal sale of HIV and Malaria test kits in Lusaka. The arrests were made after evidence was gathered during a five-month-long investigation by the United States agency for international development office of inspector general. According to a statement issued to Phoenix News by the […]

A New Cement Plant Worth Us$100 Million To Set Up In Chilanga

A New Cement Plant Worth Us$100 Million To Set Up In Chilanga

Chilanga District Commissioner Edith Muwana has disclosed that a Chinese investor has shown interest to set up a new Cement Plant at a total cost of US$100 in Chilanga District. Mrs Muwana has told Phoenix Business that the plant to be called “Dexin” will start after 10 months and will create about 2,000 jobs. Mrs […]

Melu: No Job Cuts As Barclays Bank Zambia Repositions

Melu: No Job Cuts As Barclays Bank Zambia Repositions

Barclays Bank Zambia has reassured that there will be no job cuts as the bank embarks on repositioning some of its branches countrywide. Speaking at a media breakfast in Lusaka today, Barclays bank Zambia Managing Director, Mizinga Melu stressed that the bank will need more human resource in this process. Mrs. Melu disclosed that so […]

Breaking! D/Speaker Chases Lusambo Out Of Parliament For Being ‘Childish’

Breaking! D/Speaker Chases Lusambo Out Of Parliament For Being ‘Childish’

DEPUTY Speaker of the National Assembly Catherine Namugala has chased Copperbelt minister Bowman Lusambo out of Parliament for heckling Chishimba Kambwili’s debate on estimates of expenditure for the Anti-Corrruption Commission. While Kambwili was on the floor contributing to debate on the 2018 estimates of expenditure for the ACC, Lusambo started heckling but was told to […]

Human Crisis In DR Congo ‘Worse Than Syria’

Human Crisis In DR Congo ‘Worse Than Syria’

Conflict has forced 1.7 million people to flee their homes in the Democratic Republic of Congo this year, causing “a mega-crisis”, aid agencies say. This means that for the second consecutive year, DR Congo is worst-affected by conflict displacement in the world, the agencies add. DR Congo has been hit by years of instability, with […]

Putin To Run Again For Russian President

Putin To Run Again For Russian President

Russia’s Vladimir Putin has said he will seek another term as president in next year’s election. He made the announcement in a speech to workers at a car factory in the Volga city of Nizhny Novgorod. “I will put forward my candidacy for the post of president of the Russian federation,” he said. Mr Putin […]

Chanda: State House Doesn’t Like What Kambwili Says

Chanda: State House Doesn’t Like What Kambwili Says

STATE House spokesperson Amos Chanda says the presidency does not like what Chishimba Kambwili says about corruption in President Edgar Lungu’s government. Meanwhile, Chanda has claimed that President Lungu travels with the smallest delegation whenever undertaking an international trip compared to other heads of state before him. Chanda, who was featured on Diamond TV’s COSTA […]