Friday 15 December 2017
(Lusaka Times 08/30/17)
Mopani Copper Mines (MCM) and the Copperbelt Energy Corporation (CEC) have reached an agreement that will lead to the resumption of power supply to the mine today. This is in a statement issued by President Lungu’s Press Aide Amos Chanda, below is the statement. According to the statement, MCM and CEC have reached an agreement that will lead to the resumption of power supply to the mine today. The agreement which has been facilitated by Government is to be amicably concluded between MCM and CEC over an agreed period of six (6) weeks. During the same period, Mopani and Government will also conclude other outstanding matters on Value Added Tax (VAT) refunds and transfer pricing disputes. The statement further said...
(Lusaka Times 08/30/17)
Opposition leader Hakainde Hichilema says he has forgiven all those that plotted his brutal arrest and incarceration for over four months. Addressing thousands of worshippers during a thanksgiving prayer service held at the Anglican Cathedral of the Holy Cross to thank God for his release, Mr Hichilema said he will not seek revenge against his political enemies who took him to jail along with five of his supporters. Mr Hichilema said he did not harbour hatred against the authorities after he was brutally arrested in April. “Despite the injustices that we went through, we harbour no hatred and we do hereby forgive… all,” he said. “And there are many who were involved in our brutal arrest and subsequent detention,” Mr...
(Lusaka Times 08/30/17)
A Charcoal trader has been picked up by police in Ndola in connection with the fire that ravaged Ndola’s Kapalala Market Wednesday morning. Copperbelt Police Commissioner Charity Katanga told Journalists in Ndola that the Charcoal trader has been arrested for criminal negligence over the gutting of Kapalala market. Mrs. Katanga said police have withheld the suspect’s name to protect him from possible lynching from affected shop owners. She said police investigations have concluded that the fire started after a brazier was left unattended to by the trader after he went to offload charcoal that was being brought to the Market. “The suspect has been arrested and charged with criminal negligence contrary to section 372 chapter 87 of the laws of...
(Lusaka Times 08/30/17)
Government says it has created a Railway Development Agency ( RDA) to facilitate the separation of railway infrastructure and maintenance from railway operations. Minister of Transport and Communications Brian Mushimba says this is aimed at allowing Zambia Railways Limited ( ZRL ) to focus on running its business operations competitively and in a sustainable manner being bogged down into costly maintenance of the permanent way. Mr. Mushimba says this part of government’s reforms of the railway transport including the introduction of the quota system for bulk cargo which he said will compel bulk transporter of various categories of cargo to transport a minimum of 30 percent of cargo by railway. He added that government has also under the reforms come...
(Bloomberg 08/30/17)
One Thousand & One Voices LLC, a private-equity fund started by the great-grandson of the founder of Coors Brewing Co., said it bought a producer of sushi-quality trout that is the largest such facility in Africa. SanLei’s operations are on the Katse Dam in Lesotho, an enclave surrounded by South Africa, 1K1V, as the fund is known, said in an emailed statement Tuesday. The company didn’t disclose the value of the transaction. SanLei has secured a marketing and distribution agreement with CGC Japan Co., which has more than 4,000 stores and collective revenue of more than $40.5 billion, making it Japan’s largest joint-procurement supermarket chain, 1K1V said. The fund has been hunting for private-equity investments that tap Africa’s growing consumer...
(AFP (eng) 08/29/17)
Zambia's main opposition leader on Tuesday vowed to forgive his political opponents and not seek revenge following four months in jail for allegedly failing to give way to the presidential motorcade. Hakainde Hichilema addressed a prayer meeting two weeks after his release from prison telling thousands of worshippers he did not harbour hatred against the authorities after he was brutally arrested in April. "Despite the injustices that we went through, we harbour no hatred and we do hereby forgive... all," he said. "And there are many who were involved in our brutal arrest and subsequent detention," the leader of the United Party for National Development (UPND) told jubilant crowds at the capital city's Anglican cathedral. "We are Christians and it...
(Times of Zambia 08/29/17)
Southern Province Permanent Secretary Sibanze Simuchoba has urged more South African investors to come and invest in Zambia to stimulate economic activities and create jobs locally. Mr Simuchoba said Zambia had more investment opportunities which South African investors could exploit. He was speaking in Livingstone at Protea Hotel when he interacted with a delegation of business executives. The delegation was hosted by Livingstone Chamber of Commerce and Industry president Namakau Sianga. “Compared to South Africa, Zambia probably has more investment opportunities which you can exploit,” Mr Simuchoba said. “We have investment opportunities in agriculture, tourism, mining, construction, energy, railway and other sectors where you can invest.”
(Times of Zambia 08/29/17)
The Government has purchased 2,000 solar-powered milling machines under the Presidential Solar Milling Plant Initiative. Eastern Province Permanent Secretary Chanda Kasolo said during the training of solar milling plant operators in Chipata yesterday that in Eastern Province, a total of 358 solar plants were allocated, which were now dotted around the province. He said through assistant secretary Royd Tembo that the programme started in December 2015 and so far 100 solar milling plants had been commissioned in five districts of the province, which included Chadiza, Lundazi, Katete, Vubwi and Chipata. Mr Kasolo said the implementation of the Presidential Solar Milling Plant programme was being spearheaded by the Zambia Cooperative Federation (ZCF), which was the apex board of the cooperative movement...
(Zambia Daily mail 08/29/17)
The Economics Association of Zambia (EAZ) says Zambia’s sovereign rating from negative to positive by Standards and Poors (S&P) Global will attract more investment into the country. EAZ president Chrispin Mphuka said in an interview yesterday that the development sends a good signal to investors, who will direct their investments to Zambia because the positive rating is an indicator of an economy posting a good outlook. “It’s a good signal to the economy as it also helps in making borrowing cheaper for the country,” he said. Dr Mphuka said if more rating agencies can also do like what S&P Global has done, the country can be assured of a more conducive investment climate in future. On Sunday, Minister of Finance...
(Zambia Daily mail 08/29/17)
Industrialisation, particularly in the manufacturing sector, has been identified as an engine of economic growth as the dynamic growth of east Asian countries attest to this. It is, therefore, important for policy direction to take a new approach by focusing on local manufacturing sector. Industrial growth by all intents and purposes is an undisputed pre-requisite for economic growth and development. If transformation is to take place and the rising trend of poverty is to be reduced, rapid industrialisation in sub-Saharan Africa is an agenda that should be pursued. Evidently, there is a strong relationship between economic growth and development and the entire industrialisation process. For example, the Zambian economy, which has largely been driven by copper mining for over 70...
(Xinhuanet 08/29/17)
The Zambian government has started working on the revision of the minimum wage, the country's labor commissioner said on Tuesday. Chanda Kaziya said work on the revision of the minimum wage has commenced and was expected to be completed soon. He said the changing economic situation has forced the government to embark on revising the minimum wage after the first revision which was done in 2012. "The government is concerned about the low wages and is actively working on changing this," he said during a live television interview on Radio Phoenix, a private radio station. He did not say when the revised minimum wage will come into effect. The government, he said, was concerned about challenges in the labor sector,...
(Lusaka Times 08/29/17)
A BUS station owned by expelled Patriotic Front (PF) central committee member Mwenya Musenge in Mansa, has been closed by the Mansa Municipal Council. Mr Musenge, who is former Copperbelt minister and Chimwemwe PF Member of Parliament, last week received a letter from the council informing him to immediately close down his bus station because individuals were not allowed to own bus stations. “Ififine balenchita akantu, kuti wachita shani? nabanguma amakofi mumbafu?” meaning “I am being victimised, what can I do? They have punched me in my ribs,” complained Mr Musenge. Mr Musenge said people who were behind the closure of his bus station were claiming that he was a nonentity yet pining down his business. “They are claiming we...
(Reuters (Eng) 08/29/17)
Europe’s “big four” continental powers and three African states agreed a plan on Monday to tackle illegal human trafficking and support nations struggling to contain the flow of people across the desert and Mediterranean sea. The 28-nation European Union has long struggled to reach a coherent answer to the influx of migrants fleeing war, poverty and political upheaval in the Middle East and Africa, and the crisis is testing cooperation between member states. After hosting the leaders of Germany, Italy, Spain, Chad, Niger and Libya, French President Emmanuel Macron said it was time for greater coordination. “We must all act together - from the source countries to Europe and passing by the transit countries, especially Libya - to be efficient,”...
(Lusaka Times 08/29/17)
President Edgar Lungu has led hundreds of people in Lusaka to the funeral of former Minister of Health Joseph Kasonde. President Lungu arrived at Saint IGNATIUS Catholic Church around 10:15 hours for a Requiem Mass. Others in attendance are former President Kenneth Kaunda, Chief Justice Ireen Mambilima , Speaker of the National Assembly Patrick Matibini and PF Secretary General Davies Mwila. Cabinet Ministers and top government officials are also in attendance. Speaking during the Church Service, Saint Ignatius Parish Priest Charles Chilinda reminded people to use their time on earth for God’s glory. He said Dr. Kasonde believed in hard work and loved his family. Father Chilinda hoped that public hospitals will continue applying Dr. Kasonde’s three Cs of Caring,...
(Xinhuanet 08/28/17)
The Zambian finance minister said Sunday that Standard and Poor's revision of the country's sovereign rating from negative to positive with a stable outlook represents an affirmation of the soundness of policies implemented by the government. "This development rises on the basis of the critical reforms which we have adopted on as a country under the economic stabilization and growth program to implement fiscal implementation, remove subsidies, reform the energy sector, and embark on diversification of the economy through agriculture development and industrialization," Minister of Finance Felix Mutati said. The result from the assessment by the rating agency was a welcome incentive for investors as they should remain assured that the country was on track with economic stabilization and growth,...
(Lusaka Times 08/28/17)
The matter in which UPND leader Hakainde Hichilema and his vice Geoffrey Bwalya Mwamba are appearing in the Luanshya magistrate court has been adjourned to September 18,2017 after the duo reported sick. This is in a matter in which the duo is charged with three counts of seditious practices and unlawful assembly contrary to the laws of Zambia. In count one and two, Mr. Hichilema and Mr. Mwamba were charged individually with seditious practices contrary to the laws of Zambia. In count three, the two were jointly charged with unlawful assembly contrary to section 75 as read with section 74 of the Penal Code and regulation of the Public Order Act. Particulars are that the accused number one, Mr. Hichilema,...
(Lusaka Times 08/28/17)
Government will revise the marriage Act that will describe a child as any person under the age of 21. Minister of Gender Victoria Kalima says the law will have to be harmonised to make it effective in the fight against vices such as early marriages and defilement. Ms Kalima says at the moment, the law describes a child as anyone under the age of 16 while any person can marry at the age of 18. She says the Marriage Bill is before the ministry of justice and will soon be presented to Parliament. Ms Kalima says once the bill is passed, it will be illegal for anyone to marry or have canal carnal knowledge of a person under the age...
(Zambia Reports 08/28/17)
The UPND has doubted the sincerity of the PF and other stakeholders to engage in dialogue after the release of party leader Hakainde Hichilema. UPND national chairperson Mutale Nalumango says that the decision by Home Affairs Minister Stephen Kampyongo through the Zambia Police to deny the party to hold prayers for their last week was unfortunate. Nalumango has complained that the PF has continued to deny UPND members the right to freely associate and assemble through such actions. She has wondered when people or organisations started getting permission to hold prayers as insinuated by the Police yesterday when they denied the party to hold thanksgiving prayers at the Cathedral of the Holy Cross. A group of clergymen had organized a...
(Lusaka Times 08/28/17)
The revision of Zambia’s sovereign rating by Standards and Poors Global from negative to POSITIVE-WITH-A-STABLE-OUTLOOK is an affirmation of the soundness of the policies being implemented by the Government of President Edgar Chagwa Lungu to stabilize and grow the economy, FINANCE MINISTER FELIX MUTATI has said. STANDARD AND POORS [S&P] GLOBAL RATINGS has revised Zambia’s outlook on the ‘B’ long -term foreign and local currency sovereign ratings to STABLE FROM NEGATIVE. At the same time, the ‘B’ long-term and ‘B’ short-term sovereigns have been affirmed. “This development rides on the basis of the critical reforms which we have embarked on as a country under the Economic Stabilisation and Growth Programme to implement fiscal consolidation, remove subsidies, reform the energy sector,...
(Reuters (Eng) 08/28/17)
Getting Europe’s migrant crisis under control will be in focus at a summit of Europe’s “big four” continental powers and three African nations in Paris on Monday, with French President Emmanuel Macron seeking concrete action. The 28-nation European Union has struggled to agree on a coherent answer to the influx of migrants fleeing war, poverty and political upheaval in the Middle East and Africa, and the crisis is testing cooperation between member states. Over the summer, Macron sought to take the initiative on managing the flow of migrants crossing the Mediterranean from Libya, mainly into Italy. He proposed hotspots in Africa to handle asylum requests. The viability of such centers was questioned by European and African allies and on Monday...

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