The killing of a five year old albino girl in Lusaka recently has raised concern among members of the albino community in the country. Albino Association of Zambia has termed the incident to be ritual killing. Association Director, John Chiti has disclosed that the girl had hair missing on one side of the head. He has condemned the killing saying it has [...]
President Michael Sata has threatened to deal with the people of North-western province for demanding to be represented in government. Sata, through a statement by his spokesperson George Chellah, said the law will be fully applied to people planning to revolt against his government. Sata was reacting to demands by chiefs from North-western province who [...]
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Continue reading …Ladies and Gentlemen, As you may be aware G&D is a reputable printing company based in Germany which has been in existence since 1852. The Bank’s relationship with G&D developed further as the company was awarded a contract to print the K10,000 denomination in the 2007-2009 currency supply contract. Currently, G&D are the printers of all banknotes under the 2010 – 2012 currency supply contracts.
Continue reading …London-based and AIM-listed Gemfields ‒ one of the world’s foremost coloured gemstone producers ‒ achieved total sales of US$11 million from the latest auction of rough emerald and beryl from its Kagem emerald mine in Zambia. The firm offered 2.1t for sale here of which 1.9t were sold. Thirty-eight companies were invited to participate in [...]
Continue reading …FINANCE Bank Zambia (FBZ) Limited chairperson, Rajan Mahtani, has alleged that the former regime under president Rupiah Banda, externalised over K50 billion to the United Kingdom and South Africa at the time the bank was under seizure. Mr Mahtani claimed that a total of K52 billion was externalised through the Bank of Zambia (BoZ) to [...]
Continue reading …By Austin Mbozi The production and revenue side of the PF budget is not impressive. It’s a gamble. (a)There is no guarantee that PF will raise the 27 trillion for its budget ambitions and (b) PF’s long-term plans for continued national productivity are unclear. Of course, PF’s huge allocations towards infrastructure, health and education are larger than [...]
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