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The Industrial Development Corporation (IDC) has refuted claims that ZAFFICO has been sold to any investor foreign or local.
IDC public relations manager Namakau Mukulebai said that any information to the contrary is untrue.
Reacting to reports that ZAFFICO has been sold to the Chinese Investors, Ms Mukelebai said that the IDC has the mandate to reposition its existing portfolio of companies by ensuring sustainable growth and profitability, with the aim of listing on the Lusaka Stock Exchange -LuSE- for broader Zambian ownership and benefit through dividends
Ms Mukelebai said that plans are underway to list ZAFFICO on the Lusaka Stock Exchange (LuSE) and all Zambians will have an opportunity to buy shares, thereby becoming part-owners of the company.
Ms Mukelebai said that listing on the LuSE will provide ZAFFICO an opportunity to raise cheaper and longer dated capital to finance business growth to spur job creation and enhance domestic resource mobilisation.
This is according to a statement issued to ZNBC news in Lusaka by Ms Mukelebai.
Shepolopolo on Saturday rallied from two-down at halftime to beat Ghana 3-2 in a pre-2018 Women’s AFCON friendly played at Nkoloma Stadium in Lusaka.
Rachael Kundanaji’s second half hat-trick fueled Shepolopolo’s dramatic comeback to clinch the home win against the 2018 Women’s AFCON hosts.
This is after The Black Queens took the lead courtesy of goals from Portia Boakye and Elizabeth Addo in the 21st and 33rd minutes respectively.
But Kundanaji struck in the 65th, 77th and 85th minutes to seal Shepolopolo’s victory in their first official match since entering pre-tournament camp on October 14 in Lusaka.
Shepolopolo are in Group B in Ghana together with Kenya, Banyana-Banyana South Africa and defending champions The Super Falcons Nigeria who will be based at Cape Coast.
Hosts Ghana are in Group A in Accra and have been drawn against Algeria , Mali and 2016 runners-up Cameroon.
Central Province Minister Sidney Mushanga welcomes FILE: President Edgar Lungu before he officially opened the Central Province Investment Forum and Expo in Kapiri
President Edgar Lungu is tomorrow Sunday, November 4th, expected in Ndola district on the Copperbelt Province, to commission the Michael Chilufya Sata Toll Plaza, among other engagements.
Copperbelt Permanent Secretary Bright Nundwe disclosed that the President will be on the Copperbelt for a two day working visit.
Mr Nundwe said that the Head of State will arrive at Simon Mwansa Kapwepwe airport around 09:30 hours on Sunday, November 4th, and proceed to Chifubu township where he is expected to attend a church service at Healing Tabernacle Pentecostal Church.
The PS also told journalists this morning that President Lungu will on Monday, November 5th, 2018 tour the new Ndola International Airport construction site.
He said the President is expected to conclude his visit to the province and head back to Lusaka immediately after touring the construction site.
Minister of Guidance and Religious Affairs Hon. Godfridah Sumaili during the 70th Anniversary of the World Council of Churches (WCC).
Government has urged the church to continue providing spiritual guidance to the leadership of the country.
Minister of National Guidance and Religious Affairs Godfridah Sumaili said the church should continue to pray for Zambia’s peace, unity and love.
Ms. Sumaili said government cherishes the partnership it has with the church.
The Minister was speaking when she officiated during the Woodlands Baptist Church fundraising dinner held in Lusaka last evening.
Ms. Sumaili further implored the church to continue being the channel through which the message of love is preached adding that there is need to embrace one another regardless of the different political persuasions.
The Minister also commended Zambians for turning up in large numbers during the commemoration of the day of Prayer, Fasting, Reconciliation and Repentance, held last month.
And the Minister of Religious Affairs and National Guidance, has pledged to contribute K5, 000 towards the construction of the Woodlands Baptist Church building and urged people who attended the event to contribute, so that the word of God can be preached in a conducive environment.
And Baptist Church Pastor, William Chanda said the congregation has grown, hence the need to build a bigger structure to accommodate everyone coming for worship.
Pastor Chanda said the new building under construction in Woodlands will be able to accommodate over 900 people and hopes that the fundraising dinner will contribute finances to complete the building.
He commended the Minister and her government for the dedication to encourage prayers in the country.
The Citizens Economic Empowerment Commission (CEEC) has expressed happiness with progress made on the construction of the 25 million Kwacha Industrial Yard in Ndola district, on the Copperbelt Province.
Speaking to ZANIS after a conducted tour of the facility, CEEC Managing Director Likando Mukumbuta said it is impressive to see that the contractor has remained committed to duty, to ensure that works are completed on time.
Mr.Mukumbuta noted that with this kind of process, he is optimistic that the works will be concluded within the stipulated period.
He further stated that government remains keen to industrialise the economy, hence resuscitating industrial areas, which are the key foundation for growth.
Mr. Mukumbuta added that industrial yards will create job opportunities as well as skills transfer to the Zambian people, as well as expose them to new technology.
And Mango Tree Construction Limited Engineer Yandn Ding, the company engaged to work on the Industrial Yard, has revealed that works are going on well and will finish within the stipulated time frame.
The Ndola Industrial Yard which is sitting on a 20 hectare land capacity, will have 24 industrial workshops and is expected to create about 400 casual jobs, and about 1000 permanent jobs after the launch of the project.
President Edgar Lungu has described the late Mama Chibesa Kankasa as a heroine to the country whose legacy will continue to be emulated.
President Lungu said Mama Kankasa has left an outstanding legacy of fighting for freedom and upholding national values, which will forever be emulated.
The Head of State said the late freedom fighter, who was also a former Member of the Central Committee in the first republic, lived a life of humility and patriotism, which is a factual lesson to the modern generation.
He said this during the Church service for late Mama Kankasa held at Anglican Cathedral of the Holy Cross in Lusaka this morning.
President Lungu said government evacuated the late freedom fighter to South Africa in order to save her life, but sadly she passed on.
He recalled that Mama Kankasa’s involvement in the political arena started in the UNIP days but her positive impact will live on despite her demise.
“I received the sad news about her passing away with profound sorrow. The nation and Africa have been robbed of a patriotic heroine. She had a helping hand for the needy and the underprivileged. Rest in Eternal Peace Mama,” said President Lungu.
He further urged Politicians to emulate the late freedom fighter, who was always keen on attending and taking part in national events.
Meanwhile, Family Representative Mwelwa Chibesakunda, hailed President Lungu for according the late freedom fighter a state funeral.
Mr. Chibesakunda described Mama Chibesa Kankasa as a family mentor who accommodated everyone regardless of their ethnicity.
He further said late Mama Kankasa always preached reconciliation and unity, both at national and family level.
The late Mama Chibesa Kankasa died on October 29th , 2018 at the age of 82.
Voters in Mangango constituency in Kaoma district, Western Province have appealed to Inspector General of Police to deploy more officers to the Province, to enhance security, ahead of the by-election slated for November 20th, 2018.
And calm has continued to prevail amidst heated up campaigns with only 16 days left before the by-election.
Speaking on behalf of other Voters, during an Electoral Commission of Zambia (ECZ) Voter Education meeting held at Chilombo market, Maureen Nasilele disclosed that most voters were allegedly intimidated on the actual day of voting, hence the call for enhanced security from the police department.
Mrs Nasilele explained that political cadres were fond of hiding in the bushes to stop those perceived to belong to political parties not of their preference, hence denying citizens a chance to vote.
She told ZANIS in an interview that the vice manifested during the recent Shikombwe Ward by-election in Mangango constituency, adding that voter apathy might occur if security is not beefed up to curb intimidation on the day of the election.
However, the residents have commended the presence of the police in the district, who have been deployed to help maintain law and order in the area.
And all participating political players have confirmed in separate interviews that campaigns were being conducted in a peaceful manner, and have pledged to maintain peace, during and after the said elections.
The Mangango Parliamentary seat fail vacant after the death of the area Member of Parliament Naluwa Mwene.
Accountant General Dr DICK CHELLAH SICHEMBE – making a presentation on the Public Finance Act, No 1, 2018 @ Protea Hotel in Chisamba
Secretary to the Treasury FREDSON YAMBA has said Controlling Officers are instrumental in actualizing President Edgar Lungu’s immutable vision of ensuring that there is prudence in the management and utilization of public resources.
Mr. Yamba says the Ministry of Finance WILL NOT HESITATE to evoke the sanction provisions of the Public Finance Management Act, 2018, against erring Controlling Officers and other public officials when regulations and rules governing the handling and utilization of public resources are contravened. He has urged Controlling Officers to ensure that the irregularities pronounced in the auditor general’s report begin to get reversed in future audit instances.
The Secretary to the Treasury was speaking to Controlling Officers at Protea Hotel in Chisamba, Friday, 2nd November, 2018, during the official opening of a sensitization seminar on the New Public Financial Management Act, 2018. Under section 10 of the Act, a Controlling Officer is responsible and accountable for the proper financial management and expenditure of public resources appropriated to a public body.
He told the delegates that the Treasury Single Account; a unified structure of government bank accounts established under section 25 of the Public Finance Act, No. 1, 2018, has been rolled out to 57 out of 62 targeted public sector institutions. He said the impact of the Treasury Single Account has been phenomenal as the Treasury is now able to effectively manage cash resources at reduced cost.
Mr. Yamba listed some of the milestones achieved during the last six years [2012 to date] of implementing public financial management reforms; whose objectives were to enhance accountability, transparency, and strengthen budgeting processes and oversight institutions, as:
Establishment of parliament radio, television and communication systems at the National Assembly;
Construction and operationalization of Offices of the Auditor General in provincial centers; and,
Implementation of the Integrated Financial Management Information System [IFMIS] in Ministries, Provinces and Other Spending Agencies.
Accountant General Dr DICK CHELLAH SICHEMBE – making a presentation on the Public Finance Act, No 1, 2018 @ Protea Hotel in Chisamba
Making a presentation on the Public Financial Management Act, 2018, at the same event, Accountant General Dr. DICK SICHEMBE said the Ministry of Finance has embarked on an asset registration exercise for all public assets and stores in order to strengthen accountability, oversight, management and control in accordance with the Act.
Dr. Sichembe took the opportunity to encourage controlling bodies i.e. [Ministries, Provinces, and Other Spending Agencies] to ensure that they comply with their fiduciary duties. He outlined the fiduciary duties for controlling bodies as; taking utmost care with respect to public assets; ensuring that conflict of interest is avoided in the management and handling of public resources; and, consistently acting with fidelity, honesty and integrity in respect of public resources to ensure that the best interest of the country is served.
And sharing the experience of not having audit queries in the current audit report with other delegates, Luapula Province Permanent Secretary BULETI NSEMUKILA has said Controlling Officers need to build their financial governance team through close collaboration with accounting, auditing and procurement personnel. He warned his fellow Controlling Officers against disregarding advice on financial management matters.
Dr. Nsemukila further cautioned the Controlling Officers in whose provinces Expo’s are taking place to be on high alert and assure that all resources, included those donated by the private sector and other well-wishers are disclosed and properly accounted for.
Section 24 of the Public Financial Management Act, No.1, 2018, demands the channeling of donations and grants through the Consolidated Fund on the approval of the Minister of Finance, who then is required to submit a supplementary request to Parliament for approval within the year.
Eastern Province Permanent Secretary CHANDA KASOLO sharing experiences with other Controling Officers @ Protea Hotel in Chisamba
And Eastern Province Permanent Secretary CHANDA KASOLO, whose administration has not had audit queries for two years has attributed the positive picture to the supportive leadership of the Provincial Minister and the hard work of officials at both provincial and district level in ensuring that there is compliance with financial rules, regulations and procedures. Mr. Kasolo called on fellow Permanent Secretaries and other Controlling Officers to nurture a cordial working relationship with the provincial office of the auditor general in order to benefit from their guidance and counsel on public financial matters.
The Controlling Officers Seminar has been arranged by the Office of the Accountant General, Ministry of Finance, to help the delegates to appreciate the overview of the Public Finance Management Act, No. 1, 2018, and review the financial and stores regulations to bring them in conformity with the new Act and further strengthen internal control systems in the management of public resources.
Scores of mourners from all walks of life on Saturday turned up pay their last respects to FIFA referee Leah Namukonde who has been put to rest in Luanshya.
Namukonde, a Luanshya teacher, died on Monday at Ndola Hospital after sustaining injuries in a road accident at the weekend.
Mourners gathered at the United Church of Zambia in Luanshya for the funeral service before proceeding to Mikomfwa Cemetery for burial.
A somber mood punctuated by wailing characterised the funeral procession.
Several football referees, administrators, coaches, players and fans were in attendance.
“Her demise has robbed Zambia and FIFA in general a young lady who was destined for major tournaments in the World,” Kamfinsa referee Milton Mweemba said.
Namukonde had been in the intensive care unit prior to her death.
Namukonde recently officiated at the 2018 COSAFA Women’s Championship in South Africa.
One of the largest single emeralds ever found.-the massive 1.1kg emerald mined at Kagem mines recently -GEMFIELDS
People in Lufwanyama should be able to directly benefit from the emerald wealth in the same way that the people in Mansa should directly benefit from the very valuable Manganese being mined there.
The Movement for Economic Emancipation (MEE) makes no apology of the fact that it is now about time Zambians were really empowered to take a real stake in the economy of the country.
First President Kenneth Kaunda and the United National Independence Party (UNIP) had good intentions with their Mulungushi Reforms of 1968 but the execution of those policies left much to be desired.
MEE will pursue Mulungushi Reforms Phase II (MRII) with the aim to ensure Zambians acquire stake in businesses across the country with priority given to local people!
Early this month, a 5,655-carat emerald crystal was unearthed at the world’s largest producer of green stones at its Gemfields Mines in Lufwanyama and the locals may not even be aware of this development.
THANK YOU
Issued by MEE Information and Media Department
MEE – BRIEF INTRODUCTION
THE MOVEMENT FOR ECONOMIC EMANCIPATION was born out of THE 3RD WAVE MOVEMENT which was formed by a group of ordinary Zambian citizens coming from a broad spectrum of professional and business life who had decided that we had had enough and were sick, tired and fed up with seeing our nation being driven under the malaise of mediocrity, low expectations and break down in the rule of law.
We had had enough of the colonial and oppressive politics of division, enough of wanton corruption and abuse of state institutions.
Together we came to the conclusion that it does not matter what we do in our individual professional or business endeavours – if we do nothing about politics, we will be stuck in the cycle of mediocrity, low expectations, break down in the rule of law, colonial and oppressive politics of division, wanton corruption and abuse of state institutions till Kingdom come.
We have therefore decided to get involved with this citizen – led political movement to ensure we fix our politics in the most wholesome and fundamental way that is humanly possible to do and create a country that works for everyone in which how far you go in life is limited only by your personal drive, ambition and God’s providence and a country in which God is the REAL master of the people while those who serve in public office are but servants of the PEOPLE.
Please visit THE 3RD WAVE movement website for more information.Click here
DR Congo has replaced Reunion as opponents of the 2018 COSAFA U20 Cup hosts Zambia.
The Indian Ocean Islanders withdrew from the tournament to be held in Kitwe from December 2-14 citing logistical problems.
Reunion, who are a COSAFA associate member, were drawn to face Zambia in their opening Group A fixture on December 2 at Nkana Stadium.
Instead, DR Congo have accepted an invitation at short notice from COSAFA just three days after the draws were made in Kitwe to take up Reunion’s Group A slot.
Mozambique and Malawi are the other teams in Group A.
It will be the third team DR Congo will participate as a COSAFA guest side.
DR Congo finished third at the 2016 COSAFA U20 Cup in South Africa after their senior counterparts earlier in the year finished fourth at the COSAFA Senior Challenge Cup that was also hosted by the same country.
FILE: Vice President Guy Scott,First Zambian president Kennneth Kaunda and Mama Chibesa Kankasa during the U.S independence anniversary
First Republican President Kenneth Kaunda has described the late Freedom Fighter, Mama Chibesa Kankasa as an example of a practical believer in the “ One Zambia, One Nation,” motto which calls on all Zambians to live in unity and love.
In his tribute to Mama Kankasa made available to media in Lusaka yesterday, Dr Kaunda said the late veteran politician actively contributed to the stable foundation of the country.
Dr. Kaunda says the late Mama Kankasa worked hard for the welfare and development of the people of Zambia and Africa, before and after independence.
“I remember her dedication and courage during the struggle for our independence. She worked with men, women and young persons to press for change in the fight against colonialism and racism.
Dr. Kaunda recalled that after independence, Mama Kankasa served in various portfolios such as a Member of the Central Committee, and Chairperson in the Women League, among others.
The founding father noted that Mama Kankasa also played a major role in uplifting the welfare of the freedom fighters and the underprivileged in society.
He said the late mama Kankasa attended an intensive programme to redress the imbalances that Zambia’s population had in terms of basic needs.
He added that Mama Kankasa also worked tirelessly for the development and unity which she contributed greatly to national, regional and global progress.
“My brothers and sisters, in Mama Kankasa, I have lost a great comrade but I am comforted by various activities that she achieved as her legacy caries on, following her example of practising ‘One Zambia, One Nation,” as there is no other way but for all of us in the nation to work together in unity,” Dr. Kaunda explained.
Shepolopolo hosts The Black Queens Ghana this afternoon in an international friendly at Nkoloma Stadium in Lusaka.
Both sides are using the friendly to prepare for their 2018 Women’s AFCON that Ghana is hosting from November 18 to December 2 in Accra and at Cape Coast.
“Ghana is one of the top teams in Africa but it is good that we have secured a friendly against them. It will be a great opportunity to gauge our players and maybe Ghana too can learn something from us,” Shepolopolo coach Bruce Mwape said.
The game will mark Shepolopolo’s first official match since entering pre-tournament camp in Lusaka on October 14.
It will also see Shepolopolo return to action for the first time since September when they finished fourth at the 2018 COSAFA Women’s Championship in South Africa.
Ghana will also give Shepolopolo some valuable mileage against West African opposition ahead of their big looming penultimate Group B date at the tournament against African champions Nigeria on November 20.
The Black Queens will also be Shepolopolo’s second West African opponent before to the 2018 Women’s AFCON after beating 2016 runners-up Cameroon 1-0 in the COSAFA Cup group stage and losing 1-0 to the latter in the semifinals at the same tournament.
Margaret Chimanse, the Manager Public Relations at Electoral Commission of Zambia
The Electoral Commission of Zambia (ECZ) has announced that the ballot papers for the November 20 Mangango Parliamentary seat will arrive at the Kenneth Kaunda International Airport on Monday November 5, 2018 at 14:40 hours from Dubai, United Arab Emirates aboard Emirates Airline.
The Mangango Parliamentary seat fell vacant after the death of UPND member of parliament Naluwa Mweene who died in a road traffic accident.
ECZ Public Relations Manager Margret Chimanse has announced in a press release that the other expected ballot papers are for Lupososhi Chairperson and five local government by-elections.
Ms Chimanse says the commission is inviting the media and the participating political parties in the said by-elections to witness the arrival of the ballot papers.
She adds that verification of the ballot papers with the participating political parties will take place on Tuesday November 6 at 10:00 hours at the ECZ offices.
The Patriotic Front (PF), the opposition United Party For National Development (UPND) among other parties will take part in the by-elections.
The ruling party field Godwin Putu while the opposition UPND field Mwendoi Akakandelwa for the Mangango seat.
