Zambia Might Print Money to Artificially Meet Financial Obligations – Musokotwane

Zambia Might Print Money to Artificially Meet Financial Obligations – Musokotwane

ZAMBIA in the coming months faces a “real risk” of resorting to print money so as to artificially meet its financial obligations, according to former finance minister Dr Situmbeko Musokotwane. In a write-up titled ‘Zambia’s debt crisis: watch out for high inflation’, Dr Musokotwane, who is Liuwa UPND member of parliament and the opposition party’s […]

Catholic Priest Tells PF Govt to Share National Resources Equally

Catholic Priest Tells PF Govt to Share National Resources Equally

Kitwe based Catholic Priest Father Andrew Chewe Mukosa has spoken on the need to share national resources equitably as a way of making Zambia more peaceful. Father Mukosa of Saint Francis Friary in Garneton said the huge gap between the rich and the poor has the potential to threaten national peace. He has told Radio […]

Jailed Former ZAF Commander General Singogo Drops Appeal Against Sentence

Jailed Former ZAF Commander General Singogo Drops Appeal Against Sentence

FORMER Zambia Air Force (ZAF) Commander, Christopher Singogo has withdrawn his appeal to the Court of Appeal against his six years jail sentence upheld against him by the High Court. He has also discontinued his application for bail which he had filed before the High court pending the determination of his appeal. According to the […]

Lusaka Businessman to Hang

Lusaka Businessman to Hang

A BUSINESSMAN who gunned down his wife and suspected lover in what could be termed a ‘crime of passion’ has been sentenced to death by the Lusaka High Court. Peter Siwale, 34, a businessman of Lusaka’s Meanwood area was found guilty of two counts of murder. He shot dead his wife Charity Namukoko 30 and […]

2019 Kuomboka Ceremony Cancelled

2019 Kuomboka Ceremony Cancelled

The Barotse Royal Establishment (BRE) have cancelled the 2019 Kuomboka Ceremony of the people of Barotseland. Delivering a press Statement in Limulunga this afternoon at 15:00hrs the Ngambela of Barotseland Mukela Manyando, stated that this year’s Kuomboka ceremony has been cancelled and it will not take place. The cancellation of the ceremony has been attributed […]

Trump North Korea Sanctions Tweet Sparks Confusion

Trump North Korea Sanctions Tweet Sparks Confusion

US President Donald Trump has not ordered the withdrawal of recently imposed sanctions against North Korea, administration officials say. Mr Trump caused confusion on Friday when he tweeted that “additional large-scale sanctions” would be withdrawn. It was thought he was referring to the treasury’s move to blacklist two China-based shipping companies suspected of illegally trading […]

China Harbour Sent $299,985 to Chitotela’s Lawyers – FNB Tells Court

China Harbour Sent $299,985 to Chitotela’s Lawyers – FNB Tells Court

An administration manager at First National Bank (FNB) has testified in the Lusaka Magistrates’ Court that in July 2016, China Harbour transferred about US$300,000 to Andrew and Partners, a law firm that allegedly handled financial transactions on behalf of corruption-accused minister Ronald Chitotela. China Harbour is a company which the Road Development (RDA) single sourced […]

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