Excessive US dollar Supply Revives Kwacha

Excessive US dollar Supply Revives Kwacha. INCREASED United States dollar supply by exporters on Monday helped resuscitate the Kwacha that had opened the trading session on a low note, trading at about K10.20 and K10.25 on bid and offer respectively, a financial market player says. According to Cavmont Bank, the local unit

Zambia Railways Limited (ZRL) Scoops $20 M Puma Crude Oil Contract

Zambia Railways Limited (ZRL) Scoops $20 M Puma Crude Oil Contract. PUMA Energy has contracted Zambia Railways Limited (ZRL) to transport its petroleum products from Ndola to Lusaka by rail to decongest the roads. The contract to cost about US$ 20 million will result in the transportation of 144,000 metric tonnes of

Zambia National Farmers Union (ZNFU) Bosses Slapped With 3 Charges

Zambia National Farmers Union (ZNFU) Bosses Slapped With 3 Charges THE Drug Enforcement Commission (D.E.C) has slapped three charges on former Zambia National Farmers Union (ZNFU) president Evelyn Nguleka and executive director Ndambo Ndambo for alleged misapplication of K34 million donor funds. The DEC has jointly charged and arrested Dr Nguleka, 46, of

Dr. Canisius Banda Receives Life Threatening Messages

UNITED Party for National Development (UPND) vice-president for politics Dr. Canisius Banda has disclosed that some people within UPND have been threatening to harm him after they organised his eviction from a rented house in Presidential Housing Initiative (PHI) area. And Dr. Banda has also charged that no single individual owns

Obsolete, Outdated Electronics Flood Zambian Market.

Obsolete, Outdated Electronics Flood Zambian Market. THE influx of electronic devices which are outdated, obsolete, discarded or have outlived their usefulness have continued to flood this country without citizens’ knowledge of the major environmental and health impact that they bring in our communities, Integrated Community Anti-litter Initiative (ICALI) Chairperson Pascal Chikumbi

Miles Sampa Cries To Join PF Again

Miles Sampa Cries To Join PF Again Some might call him the PF prodigal son, but in his own words, he has labeled himself as a lad who went "astray" due to emotional and irrational radical decisions which came about as a result of the absence of his "mentor", Mr. Sata. I