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ZCC ‘authorizes’ Zamtel takeover

The Board of Commissioners of the Zambia Competition Commission has granted authorization for the proposed takeover of 75% share capital of the Zambia Telecommunications Company (Zamtel) by LAP Green Networks of Libya. In granting authorization, the ZCC Commissioners cited lack of adverse competition and consumer concerns in the transaction. According to a statement made available [...]

The Zambian Kwacha is expected to rally more than nine percent against the dollar by the first quarter of next year, supported by higher maize and copper export earnings, a Reuters poll showed on Monday. The kwacha has lost some ground against the greenback over the past few weeks, mostly due to global risk aversion, [...]

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Prince Harry of England is facing a less certain future with his love, Chelsy Davy. This week, it was reported that the Zimbabwe-born blonde, who moved to England two years ago, has decided she wants to return to Africa and her family, according to Hellomagazine. While senior royals have apparently said that the couple are [...]

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VICE-PRESIDENT George Kunda has advised people to avoid talking about matters that are before the courts of law. Referring to a case in which Chitambo member of Parliament Solomon Musonda is facing legal charges, Mr Kunda said it is important that people exercise caution in what they say about the matter. The Vice-President was speaking [...]

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President Rupiah Banda has left for Namibia for a state visit at the invitation of his Namibian Counterpart Hifikepunye Pohamba. President Banda will stop over in South Africa for meetings before proceeding to Namibia. The President is also expected to join his South African Counterpart Jacob Zuma at a World Cup match between Brazil and [...]

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