Government has proposed a 17 trillion Kwacha budget for the year 2011. This represents 20 percent of the country’s Gross Domestic Product. Secretary to the Treasury, Likolo Ndalamei says the total expenditure is projected to be 21 trillion Kwacha representing 21 percent of GDP. Mr. NDALAMEI said this in a statement on fiscal trends, strategy [...]
The Media Institute of Southern Africa (MISA) Trust Fund Board has dissolved the Zambian chapter leadership. The Trust Fund Board is the highest organ in MISA and the legal owners of MISA. MISA headquarters is in Namibia and has chapters in all SADC countries. This follows the squables that has rocked the chapter thereby threatening [...]
Continue reading …FREE State Stars’ big spending spree continued yesterday with the acquisition of former Zambian international Noah Chivuta. “We have signed Noah on a one-year contract with an option to renew it,” said an elated Rantsi Mokoena, Stars’ general manager. This ends speculation that Chivuta, who has also played for SuperSport United, Bidvest Wits and Maritzburg [...]
Continue reading …YOUR LIBELOUS AND MALICOIUS ARTICLE Dear Editor, I refer to your article entitled “Ministers, Director loot money meant for Levy Junction construction” published today Tuesday, September 14, 201 at 11:49. I wish to state that your allegations are serious and you should know that we as a Company will consider legal action so that you [...]
Continue reading …By KENNEDY LIMWANYA PATRIOTIC (PF) strongman Michael Sata was trying to play smart when he suspended Kasama Central Member of Parliament (MP) Geoffrey Bwalya Mwamba from his party position last week. In reaction to the unilateral decision to suspend him, Mr Mwamba tendered a short-lived resignation from politics, threatening to end an 11-month stay in [...]
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