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Finance Minister Highlights Zambia’s Energy Sector Potential for Private Investors at AfDB Conference

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Finance Minister Highlights Zambia’s Energy Sector Potential for Private Investors at AfDB Conference

Finance and National Panning Minister Dr. Situmbeko Musokotwane has said Zambia’s energy sector is an attractive proposition for private investment due to the ready regional industrial market.

Speaking on the sidelines of the 58th Annual Meetings of the African Development Bank in Sharm El Shekh, Egypt, Dr. Musokotwane said Zambia is utilizing the gathering to discuss energy sector investments and prospects.

The Finance Minister said apart from scheduled events, the Zambian delegation has also had an engagement with Mr. Kevin Kariuki, the African Development Bank Vice President for Energy, Climate and Green Growth.

“We discussed energy sector investments and prospects for renewable energy projects. It is gratifying that we have convergent views on Zambia’s energy sector being an attractive proposition for private investment due to the ready regional industrial market. We look forward to the Bank playing a more substantive role in regional infrastructure projects, especially in infrastructure development,” said Dr. Musokotwane.

According to the Ministry of Finance Public Relations Unit, the 2023 Annual Meetings of the AfDB in Sharm El Sheikh, Egypt, are now in full gear following yesterday’sofficial opening event.

The meetings comprise statutory events
of its Governors (Finance Ministers or Central Bank Governors representing the 81 member countries and knowledge events).

The 58thAnnual Meetings of the Board of Governors of the African Development Bank and the 49thmeetings of the Board of Governors of the African Development Fund are underway in Sharm El Shekh, Egypt. They will end on Friday, 26thMay, 2023.

The AfDB has been operating in Zambia since 1971 and has committed more than US$ 1 billion to support sectors such as infrastructure, agriculture, water and sanitation, energy, health, education, transport, private sector development, as well as general budget support.

The AfDB’s operations in Zambia are underpinned by the Country Strategy Paper (CSP 2017-2021) extended to 2023.

CSP’s are aligned to Zambia’s National Development Plans.

Meanwhile, Dr. Musokotwane and his delegation on Wednesday also held a bilateral meeting with the Director-General for Africa in the Germany Federal Ministry for Economic Cooperation and Development Ms.Birgit Picke and her team.

During the meeting, the delegation affirmed Zambia’s commitment to enhancing cooperation in various fields of development.

Dr. Musokotwane briefed the German team on the policy choices made by the Zambian Government to aid stabilization of the economy, creation of jobs for citizens, reinvigoration of private sector competitiveness, and creation of an enabling atmosphere for private sector investment in infrastructure development through Pubic Private Partnerships.

She reiterated the commitment of her country to “continue working with Zambia and helping the country to revive and sustain a robust economy.”

Sexual Encounter at Cemetery Leaves Young Woman Mentally Unstable: Investigations Underway

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Sexual Encounter at Cemetery Leaves Young Woman Mentally Unstable: Investigations Underway

A young woman of Masaiti District on the Copperbelt Province has reportedly gone mad after having sex with a man at a graveyard in Chief Chiwala’s area.

18-year old Linda Phiri has not been her self after the incident, according to a police report.

The case has been formally reported to nearby Mapalo Police Post in Ndola’s Chipulukusu area.

Police have since detained a 25-year old man of Masaiti who had sex with the now mental health patient at the graveyard.

Copperbelt Province Police Commanding Officer Peacewell Mweemba has confirmed that the suspect Golden Choma Jere of Masaiti is being held by police for the charge of Conduct likely to cause the bleach of peace.

Mother to the victim officially lodged the complaint to the police.

Mr. Mweemba said villagers are suspecting Jere of practicing satanism and they believe he is behind the young woman’s mental illness.

He said citizens in the village pounced on the suspect and attempted to beat him up.

“Be informed that Mapalo Police Post m has detained male Golden Choma Jere, aged-25years, of Village-Katanga, Chief Chiwala, District-Masaiti for the holding charge of Conduct likely to cause the bleach of peace. This occurred on 23/05/23 around 20:00 hours within Jereman village near the grave yard, the complainant being female Bulaya Susan, of chief Chiwala area, Masaiti, who reported that her daughter Linda Phiri, aged-18 years, had canal knowledge with a man she only knew as Masauso, in the grave yard within chief Chiwala’s area and afterwards she became Mentally sick,” Mr. Mweemba disclosed.

The suspect is helping police with information as they investigate the matter thoroughly.

“Brief facts of the matter are that the victim went with the suspect and had sexual intercourse in the grave yard within Chiwala area and afterwards she went back home and the man also of the same area went to his place. Upon reaching home the young girl developed the sickness and become mentally disturbed. She was rushed to the hospital where they treated her but she is still mentally sick. This made the local villagers to pounce of the man and attempted to beat him up,” he said.

Mr. Mweemba continued:”They are suspecting him of practicing satanism and they believe he is the reason as to why the girl is in such a condition. The suspect was only rescued by some other people who rushed him to Mapalo police post where he is currently detained in police custody so as to assist the police with investigations. More to follow.”

UBA Africa Conversations: Time to Unlock Africa’s growth potential

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UBA Africa Conversations: Time to Unlock Africa’s growth potential

By BENEDICT TEMBO

The United Bank for Africa (UBA) Plc, celebrated this year’s Africa Day in commemoration of African unity with the fifth edition of the annual UBA Africa Conversations, where panelists agreed that the time has come for the rich potential of the continent to be unlocked, even as they shared unanimous views of the inherent opportunities that abound in Africa.

The conversations which was held at the Tony Elumelu Amphitheater at the UBA House on Wednesday, May 24, 2023, saw the gathering of top management staff and business leaders, led by the Group Chairman, UBA Group, Tony Elumelu; the Group Managing Director, Oliver Alawuba, and other key players in the economic, financial and business landscape in Africa.

While welcoming guests at the meeting, Mr Alawuba, said that as Africa’s global bank, UBA remains at the forefront of leading conversations that will lead to positive change on the continent, while helping to unlock the vast opportunities waiting to be tapped from Africa.

He said, “This is the time where the beauty, the talent, the culture, the diversity, the warmth of Africa is celebrated. As Africa’s global bank, UBA is committed to helping Africa to become the continent of the future. We take our Pan African-ness seriously, because we believe Africa needs to be celebrated.

Continuing Mr Alawuba said, “The theme for this year’s Africa Day is ‘Innovation on the Continent for Growth’ is very apt for our conversation because of the challenges and the opportunities that Africa as a continent is faced with; but the truth remains that between these challenges and opportunities is a thin line which we believe UBA Group can help unlock the challenges and engineer prosperity.”

This edition of the UBA Conversation was made up of an all-female panel who are certified professionals from various fields. They include the Executive Director/Chief Executive Officer, UBA Africa, Abiola Bawuah; President, Transnational Corporation (Transcorp) Plc, Owen Omogiafo; award-winning and trendsetting Foodpreneur/Chef, Hilda Baci; Renowned Fashion Designer, Banke Lawson-Kuku and Business & Technology Executive; Folusho Gbadamosi.

Ms Bawuah, who referred to how UBA has led innovation in Africa cited the example of the bank being the first financial institution to have a Board of Directors with more female members than males.

She said, “When we talk of innovation in Africa, we can bring it back home to UBA. As it stands, we have more female board members than any bank, thanks to the Chairman of the board, Mr Elumelu, who believes that women can occupy top roles in organisations and excel. This is very remarkable, and I know that other organisations have started trying to emulate this. So, by this move, we are leading the positive change in Africa, and this is very laudable,”. Encouraging the girl child, Ms Bawuah said “the ceiling has been broken, it is no longer an excuse, we need to seize opportunities, keep moving and be determined.

Mr Omogiafo, who spoke on the uniqueness of Africa, maintained that there is no place like Africa. She spoke on the need to innovate because innovation is survival. On Africa’s potentials, she asked: ‘Where else can you get the kind of returns you get in Africa, we have huge opportunities, deep cultural roots, hard-working people, and all that is needed is to tap into the vast opportunities that we have on this continent.”

Ms Baci, who is still reeling from the accolades that accompanied her efforts to break the Guinness World Record, after cooking for over 100 hours a few weeks ago, echoed Owen and emphasised the importance of sustainability, discipline and reading in business, as she advised young Africans to be focused and empower themselves through the Art of reading.

She said, “As a young entrepreneur, even if you do not have money to take a business course, you can read. If you want to survive in the business world, it is important to arm yourself with information and learn, as this will keep you going especially in a world that is constantly changing.”

Banke Kuku, a creative fashion entrepreneur, said that the world is cherishing Africa because of its fashion, and added that this is an industry that can be tapped to our benefit. “The world is really looking at Africa and we can use our fashion to keep telling African stories to the world,” she said.

Folusho Gbadamosi, who is a Business & Technology Executive, advised Africans, especially the young people to take advantage of the vast resources that the internet has presented to us.

“There is so much available online, do not let technology scare you, things are changing so we need to arm ourselves with all the information we can garner. Innovation is all about evolution, and so we need to be intentional about positive change. I believe if we all come together and solve the problems, we will go very far indeed.”

Mr Elumelu who thanked participants who joined the event both physically and virtually, said UBA will continue to lead the narrative and discussions on the development, growth, and unity of Africa.

UBA is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 35 million customers globally.

Operating in 20 African countries and in the United Kingdom, the United States of America, France and the United Arab Emirates,

UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.

MP says his constituency may stop sponsoring students to institutions charging more than K10,000 as course fees

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MP says his constituency may stop sponsoring students to institutions charging more than K10,000 as course fees

Kitwe’s Nkana Independent Member of Parliament Binwell Chansa Mpundu has warned that his Constituency Development Fund (CDF) Committee may stop sponsoring students to institutions charging more than K10,000 as course fees under the CDF skills development component.

Mr. Mpundu said some higher institutions of learning are charging what he termed as exorbitant fees to students squiring skills using CDF.

A student from Nkana Constituency is paying about K51,000 for pursuing a three year course in Heavy Equipment Engineering at Ndola’s Northern Technical College ( NORTEC) under CDF sponsorship.

Mr. Mpundu said the Nkana Constituency CDF committee is spending too much money sponsoring students to some institutions thereby depriving other young people opportunities go get skills.

He said going forward the CDF committee in Nkana Constituency may not consider sponsoring students to institutions charging more than K10,000.

Mr. Mpundu said this decision will give chance to many other deserving young people to aquire skills under the CDF component.

He said Nkana Constituency had 1600 applications from young people but could only consider 600 applicants because of exorbitant fees being charged by some colleges.

“Dear Nkana Residents as you can see from the fees on the attached list .Some schools are charging as much as K 51,000 per year for a skills course which course is a three year course.We have arrived at a decision as Nkana CDF committee that we are spending too much money sponsoring students to such institutions and depriving other young people opportunities go get skills.Going forward,we may not consider sponsoring students to institutions charging more than K10,000 so that we give chance to many other deserving young people,” he said.

Mr. Mpundu sais he is seeking to engage the Government to get guidance over these institutions he feels have started exploiting the good intentions of the CDF skills sponsorship initiative.

“As an example,we had 1600 applications from young people in nkana for but we could only consider 600 applicants because of these exorbitant fees.We hope to engage the ministry for guidance over these institutions who we feel have started exploiting the good intentions of the CDF skills sponsorship initiative,” he said.

Meanwhile, Mr. Mpundu said he means well when demanding that the dilapidated Chibuluma Road which links Kitwe and Kalulushi is re-constructed.

He said improving the state of Chibuluma Road will lessen the challenges of movements for the travelling public.

“Dear residents of Nkana and the travelling public I wish to bring you to speed over the developments regarding Chibuluma Road. Yesterday after our police encounter we took time to go and appreciate the temporal works being done on the Chibuluma Road and as you are aware and can be seen in the picture, the works have now reached the stage of compaction with laterite which is making the road smooth and easily passable even for small cars.The next stage will now involve spraying of molasses which has already been procured to suppress dust emissions and it must be stressed that these are simply temporal works to make the road passable,” Mr. Mpundu said.

“The good news on the other hand is that yesterday we were informed that prospecting contractors would conduct a site visit for the Actual concrete works which were stopped which now means that the tendering process would have commenced Yesterday for the actual concrete works on the road .We just need to verify today if this exercise was done as you are aware that we spent almost the whole day having a cut of coffee with the police.We wish to state that for us we mean well in demanding that the Chibuluma Road is done for it will lessen the challenges of movements for the travelling public.Once again we wish to thank the Local authority and RDA for the works being done on the road and we wish to stress that if this is the way we will be working ,then it will be all smiles chabe,” Mr. Mpundu said.

CTPD Urges ZCCM-IH to Quickly Resolve Issues That Led to the Company’s Temporal Suspension on the London Stock Market

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CTPD Urges ZCCM-IH to Quickly Resolve Issues That Led to the Company’s Temporal Suspension on the London Stock Market

The Zambia Consolidated Copper Mines Investment Holding (ZCCM-IH), a prominent investment holding company in Zambia, recently faced a temporary suspension on the London Stock Exchange (LSE) due to non-compliance and failure to publish audited financial results for 2021 and 2022. In light of this development, the Centre for Trade Policy and Development (CTPD) is urging ZCCM-IH to promptly address the identified issues and work towards resolving them. Mrs. Natalie Kaunda, the CTPD Programmes Coordinator, expressed concerns over the suspension and highlighted the importance of swift action to ensure the company can continue to benefit from its secondary listing on the stock market.

ZCCM-IH plays a critical role in Zambia’s mining sector, which accounts for approximately 70% of the country’s foreign direct investment and contributes around 14% to its GDP. As a state-owned enterprise, ZCCM-IH’s sustained operations and profitability are vital for Zambia’s economic stability and revenue generation. The company’s secondary listing on the LSE offers significant growth opportunities, as the LSE has a substantial market capitalization of $57.67 billion compared to the Lusaka Stock Exchange’s market cap of ZMW 77.48 billion (approximately $4.2 billion). A listing on the LSE allows ZCCM-IH to raise capital, attract international investors, enhance visibility, improve public perception, and strengthen corporate governance.

The temporary suspension on the LSE raises concerns among various stakeholders. To address these concerns, the CTPD emphasizes the need for ZCCM-IH to swiftly resolve the identified issues that led to the suspension. The CTPD acknowledges that challenges related to Konkola Copper Mines and Mopani Copper Mines may have resulted in the delay of finalizing financial statements by ZCCM-IH. Therefore, the organization urges the government to take deliberate steps in resolving these challenges within the mining sector to prevent a recurrence of such suspensions. Failing to address these issues promptly could potentially impact government revenue generation and hinder the company’s growth prospects.

Mrs. Natalie Kaunda, the CTPD Programmes Coordinator, emphasizes the importance of quick and effective action to restore ZCCM-IH’s compliance with the Financial Conduct Authority (FCA) Disclosure and Transparency Rules. By doing so, the company can resume trading on the LSE and leverage the benefits of its secondary listing. It is crucial for the government and relevant stakeholders to collaborate and support ZCCM-IH in resolving the challenges it currently faces. By ensuring a favorable environment for the mining sector, Zambia can maintain stability, attract investments, and maximize revenue generation for the benefit of the country’s economy.

Entrepreneurs can create sustainable livelihoods in Chipangali

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By BENEDICT TEMBO

CHIPANGALI Town Council chairperson Maxson Nkhoma says local entrepreneurs can address challenges in create sustainable livelihoods in Chipangali communities such as poverty, unemployment, and inequality through the creation of sustainable livelihoods.

Mr Nkhoma says Constituency Development Fund (CDF) loans will enable entrepreneurs in Chipangali to expand their enterprises, create employment opportunities, and contribute to the economic growth of the district.

Speaking during disbursement of the 2022 CDF loans by Indo Zambia Bank in Chipangali on Monday, Mr Nkhoma said it is also essential to recognise that loans alone can not guarantee success.

“Alongside financial assistance, the CDF Committee working with stakeholders also provided comprehensive training and mentoring programmes to equip our borrowers with the necessary knowledge and skills to thrive in their respective ventures,” he said.

Mr Nkhoma said the local authority was committed to supporting entrepreneurs throughout their journey, and ensuring they have the tools and guidance required to overcome obstacles and achieve sustainable success.

Twenty-four cooperatives and companies received K 2,926,710.84 from Indo-Zambia Bank (IZB) during the event attended by several prominent people of Chipangali.
Out of the 124 companies and cooperatives which were appraised from the eight wards of Chipangali district, the recommended beneficiaries for the first batch was 45, which after being further appraised by IZB, only 24 were recommended for funding.

“Today’s handover of loans marks a significant turning point in the story of Chipangali. It symbolises our collective determination to build a vibrant and prosperous community. Each loan extended is not just an investment; it is an investment in the dreams and aspirations of our residents. It is an investment in the future of Chipangali,” Mr Nkhoma said.

He advised beneficiaries to remember that progress is not measured solely by economic indicators but also by the strength of unity and the well-being of every member of the community.

“Together, we can create a Chipangali that provides equal opportunities for all, where no one is left behind, and where the potential of every individual is nurtured and realized,” Mr Nkhoma said.

He commended all the individuals, organisations, and government bodies that contributed to the success of the Chipangali Constituency Development Fund.
“Your unwavering support and dedication have been instrumental in transforming the lives of our residents. Let us continue to work together, hand in hand, to build a prosperous future for Chipangali, where dreams turn into reality and our community thrives,” Mr Nkhoma said.

He urged beneficiaries to always strive for progress and unity, economic growth, job creation, and sustainable development in Chipangali.
“Together, let us continue to invest in our local entrepreneurs and build a brighter future for our community,” he said.
IZB Chipata Branch Manager Choolwe Hamweemba thanked government and the Chipangali Town Council for partnering with IZB in the execution of CDF loans to the various beneficiaries.

“We believe that the projects that are going to be undertaken by the various beneficiaries of these loans will help to uplift living standards of residents of this community and more importantly, create jobs and enhance entrepreneurship,” Mr Hamweemba said.

He noted that successful loan applicants attended a comprehensive financial literacy training by the bank.

“To the successful applicants, I implore you to use the knowledge gained from the training to sharpen entrepreneurial skills to grow businesses and make timely repayments to ensure loans are redeemed without difficulties,” Mr Hamweemba said.

He said repayment of the loans will ensure that other applicants also get the chance to finance their projects and, in turn, ensure capacity building in the community.
“It is my sincere hope that the loans are used towards the various project proposals that were approved and not otherwise,” Mr Hamweemba said.
Sherreen Zulu, an entrepreneur is excited to have beneffitted from the CDF because the loan will boost her business and impact the community in which she operates positively.
Ms Zulu, 25, who runs business centre offers short computer courses, secretarial services as well as digital and electronic communications services.
“We are excited because we will provide employment to young people in Chipangali because the government has been saying that by empowering us, we will have to create jobs for ourselves instead of just waiting for government to give us jobs,” she said

Ms Phiri is confident her business many people’s lives will be transformed by acquiring information communications technology skills and knowledge at the centre.
“We are aware that Chipangali District is a rural set up with a serious need of ICT services,” Ms Phiri said

She said Chipangali is in short supply of ICT services which her company will be offering.

“As such the demand for our products is very high and that is what gives us the impetus to wanting to venture into this area,” Ms Phiri said
From the loan, she will buy equipment, employ young people to manage the centre and take care of administration costs.

Another loan beneficiary in Chipangali Misheck Jere of Msandile ward in Chief Kapatamoyo thanked President Hakainde Hichilema and the nehw dawn government for coming up with this great decision.
“I am so happy to be one of the people who have been chosen in Chipangali.

HH Defends Vehicle Procurement Amidst Criticism and urges Responsible Use of CDF Monitoring Vehicles

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HH Defends Vehicle Procurement Amidst Criticism and urges Responsible Use of CDF Monitoring Vehicles

President Hakainde Hichilema has officially handed over the controversially procured 156 vehicles to be used in the monitoring of Constituency Development Fund (CDF) projects in all constituencies across Zambia.

The planned procurement of these vehicles by the Ministry of Local Government and Rural Development raised dust among some stakeholders last year.

In September 2022, media reports circulated alleging that Minister of Local Government Gary Nkombo was involved in corruption relating to the purchase of 156 Toyota Landcruisers Hardbody motor vehicles for Constituencies using the Constituency Development Fund (CDF).

PF official and former Ambassador to Ethiopia Emmanuel Mwamba alleged that Mr. Nkombo would spend $8.3million (K136million) to purchase 156 Landcruisers for each constituency using Constituency Development Fund(CDF).

Ambassador Mwamba at the time said the 156 Landcruisers were not budgeted for or planned for in the 2021/2022 Budget adding that the procurement was a wasteful expenditure.

In reaction, the Ministry of Local Government issued a statement saying the purchase of 156 vehicles amounting to US$8, 313, 084.00 million is in accordance with the Guidelines of the CDF.

Ministry of Local Government Permanent Secretary Maambo Haamaundu said the CDF Guidelines Part 2 section 2.2.3 on motor purchase provides for the procurement of vehicles aimed at facilitating the monitoring of CDF utilization.

Fast forward to 24th May, 2023, President Hichilema led scores of stakeholders from nearly all parts of the country during a ceremony to handover the vehicles held in the Lusaka Showgrounds.

In his remarks, the Head of State said the New Dawn Government has taken deliberate steps to achieve equitable development in all the 10 provinces in Zambia

President Hichilema urged the constituencies to use the vehicles for their intended purpose of monitoring and evaluating local projects.

“We are delighted to officially hand over 156 vehicles under the Constituency Development Fund (CDF) to facilitate service delivery to our people in all constituencies across Zambia.In attendance were stakeholders from a cross section of society. Our government has taken deliberate steps towards economic and social transformation to achieve equitable development in all the 10 provinces in Zambia, regardless of political affiliation. This is why we increased CDF from K1.6m to K28.3m per year, that is simultaneously disbursed to every constituency every year without fail,” he said.

“We are encouraged to see that now, through CDF, students have desks and this number is increasing daily. In addition, vulnerable pupils are attending school, the youth are accessing life skills and co-operatives have been empowered to enhance people’s livelihoods. Our guiding principle is people-centred development that ensures access to basic needs for all Zambians in all the corners of our country, so we urged the constituencies to use these vehicles for their intended purpose, to monitor and evaluate local projects because these benefit the whole community, whom we promised to serve,” President Hichilema said.

Meanwhile, 24 hours earlier, Patriotic Front (PF) Vice President Given Lubinda had issued a media statement condemning the Government for inviting scores of people from all parts the country to Lusaka for the vehicles handover ceremony.

The Ministry of Local Government and Rural Development issued a notice, inviting Councils, Mayors, Council Chairpersons, Members of Parliament, Principal Officers and other government officials to the event.

“We wish to condemn in the strongest possible terms the action by Government on the following score; It is reckless and irresponsible for President Hakainde and his government to spend such colossal sums of money just to handover a motor vehicle to a Council.The country is in dire economic stress with the lack of liquidity, rising youth unemployment, critical shortages of medicines and medical supplies in our healthcare facilities, rising inflation as well as a spiralling cost of living among numerous other economic challenges, yet we have a Government that finds it prudent to use the country’s meagre resources on an unnecessary expenditure such as a handover ceremony of motor vehicles.The money that Government will squander on this ceremony could have been channeled to needy areas such as the procurement of medicines and medical supplies in our healthcare facilities which have been relegated to death centres,” Mr. Lubinda wrote.

Tina Turner dies at 83

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Tina Turner dies at 83

Legendary singer Tina Turner, renowned for her soulful classics and pop hits that prpelled her to superstardom, has passed away at the age of 83. She died peacefully after a long illness in her home in Küsnacht near Zurich, Switzerland, her representative said.Over the years, Turner faced numerous health challenges, including cancer, a stroke, and kidney failure.

She first rose to prominence alongside her former husband Ike Turner in the 1960s.Her powerful voice, captivating performances captured the hearts of audiences with songs like “Proud Mary” and “River Deep, Mountain High.” Following her divorce from Ike in 1978, Turner embarked on a remarkable solo career in the 1980s, achieving even greater success.

Beyond her remarkable talent, Tina Turner’s personal journey was one of triumph over adversity. She faced numerous challenges throughout her life but always rose above them with grace and determination. Her resilience and courage in the face of hardship served as an inspiration to many.

Dubbed the Queen of Rock ‘n’ Roll, Tina Turner became known for her electrifying and dynamic stage performances, as well as her distinctive, powerful vocals. Her talent and contributions earned her eight Grammy Awards and a solo induction into the Rock ‘n’ Roll Hall of Fame in 2021, following her initial induction alongside Ike Turner in 1991.

Recognized as a trailblazer, the Hall of Fame acknowledged Turner’s impact on breaking barriers for Black women in the music industry, expanding the perception of what a Black woman could achieve on stage and be as a multidimensional artist.

Born in Tennessee to a sharecropping family, Turner initially gained recognition as a backing singer for Ike Turner’s band, The Kings of Rhythm. However, she quickly stepped into the spotlight as the band’s frontwoman, leading to commercial success with hits like “Fool in Love” and “It’s Gonna Work Out Fine” in the early 1960s.
Among their repertoire, “Nutbush City Limits” in 1973 paid homage to the small town where Tina Turner was born. Yet, behind the scenes, Ike’s abusive behavior took a toll on her physical and emotional well-being. He even changed her name from Anna Mae Bullock to Tina Turner without her knowledge, exemplifying his controlling nature.

Turner’s life story inspired the 1993 biopic “What’s Love Got to Do With It,” featuring Angela Bassett’s Oscar-nominated portrayal of the iconic singer. In addition, the stage musical titled “Tina: The Musical” has been a hit production.

Turner found happiness with her second husband, German music executive Erwin Bac. They began dating in the mid-80s, and got married in 2013.
The pair lived in Switzerland, with Turner taking Swiss citizenship. He donated one of his kidneys to her in 2017 after it was discovered she was suffering from kidney failure.

In a 2018 interview with Marie Claire South Africa, Turner shared her perspective on her life’s journey, stating, “People think my life has been tough, but I think it’s been a wonderful journey. The older you get, the more you realize it’s not what happened, it’s how you deal with it.”
Tina Turner’s impact on the music industry and her resilience in the face of adversity have left an indelible mark. She will be remembered as an icon, a legend, and a true powerhouse in the world of music.

Government Clarifies Misinformation on 2023 Financial Intelligence Centre Annual Report

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Government Clarifies Misinformation on 2023 Financial Intelligence Centre Annual Report

Mr. Kennedy Kalunga, the Permanent Secretary of the Ministry of Information and Media, addressed the recent misinformation surrounding the 2023 Financial Intelligence Centre (FIC) Annual Report. The government aimed to provide clarity to the public regarding the contents of the report and dispel any misconceptions.

Contrary to the inaccurate reports, the FIC Annual Report of 2023 does not solely focus on financial trends and suspicious transactions that occurred in 2022 alone. Instead, it primarily highlights the activities undertaken by the FIC during the 2022 financial year.

The report indicates that the FIC analyzed a total of 155 cases amounting to K6.1 billion in the 2022 financial year. It should be noted that these figures encompass cases carried over from previous years. The complexity of financial crime analysis often leads to cases overlapping multiple years, making it essential to account for prior investigations.

The majority of the cases analyzed in 2022 are related to the integration of illicit proceeds derived from crimes committed in prior years. Suspected money laundering, corruption, and tax evasion were the main offenses contributing to the value of K6.1 billion. This underscores the government’s commitment to combatting corruption, money laundering, and other financial crimes.

To demonstrate this dedication, the Zambian Government has taken concrete steps, including establishing a joint investigations team on asset recovery, creating the Economic and Financial Crimes Court, and approving the National Anti-Money Laundering/Countering Terrorism and Proliferation Financing (AML/CTPF) Policy.

Furthermore, the government urges all stakeholders to acknowledge the increased awareness among Zambians regarding reporting suspicious transactions. The demonstrated political will has led to a rise in the number of reports submitted to the FIC and law enforcement agencies. The previous lack of political will hindered the reporting of suspicious transactions, resulting in fewer cases being captured in relevant reports, such as the FIC Annual Report mandated by section 55 of the FIC Act No.46 of 2010.

Mr. Kalunga reassured the people of Zambia that their government prioritizes the fight against corruption, money laundering, and other financial crimes. By implementing these measures and fostering an environment of awareness and cooperation, the government aims to safeguard the country’s financial integrity and protect its citizens from illicit activities.

The Ministry of Information and Media and the Zambian government encourage the public to rely on accurate information and avoid spreading misinformation.

Bench warrant issued against PF’s Nickson Chilangwa for failure to appear in court

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Bench warrant issued against PF’s Nickson Chilangwa for failure to appear in court

THE Kawambwa Magistrate Court has issued a bench warrant against Kawambwa Central Member of Parliament Nickson Chilangwa for failure to appear in court.

Magistrate Martin Namushi ordered that the bench warrant be retainable on Friday, May 26, 2023.

This follows the continuous absence of Mr. Chilangwa in court, where him and six others were scheduled to open the defence in the case they are charged for arson, threatening violence, malicious damage to property and four counts of assault in 2021.

However, before issuing the bench warrant, Magistrate Namushi ordered the surety to explain why the accused was not present despite being aware of the date of being in court.

Daniel Mulenga told the court that Mr. Chilangwa was not in court today as he was attending another High Court case in Lusaka and to that effect, the affidavit had been filed before the court.

However, Magistrate Namushi noted that the continuous absence of Mr. Chilangwa in court was causing unnecessary delays to dispose of the case which was scheduled for commencement of defence and finish within the agreed period of 10 days.

The Magistrate stated that he was left with no other option but to order for the arrest of Mr. Chilangwa, saying he can no longer entertain the application by the defence counsel to further adjourn the case to June 26, 2023.

In this matter, the other accused persons are Kawambwa Council Chairperson Kalumba Chifumbe, Kunda Chitotela, Chabu Chitotela, Davy Kaniki and Chibwe Musantu, all members of the Patriotic Front Party.

It is alleged that the seven accused persons, during the Presidential and General Election campaigns on August 12, 2021 while acting together assaulted four United Party For National Development (UPND) members, damaged the windscreen of the Mahindra motor vehicle before setting it ablaze and also threatened violence.

Defence Force gets health care boost from US

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Defence Force gets health care boost from US

By BENEDICT TEMBO

The United States government has donated 58 point-of-care ultrasound devices and over 1,500 birthing kits for non-military and Defence Force health care facilities.

Delivering the donation yesterday at Kenneth David Kaunda Barracks (formerly Mikango Barracks) in Chongwe District, US Ambassador to Zambia, Michael Gonzales, commended the Ministry of Defence for prioritising health care not only in the military but throughout the country and stated that the equipment would help front-line health providers promote healthy deliveries and prevent maternal mortality.

According to the Zambia Army media, Mr Gonzales also commended the girls under the DREAMS (Determined, Resilient, Empowered, AIDS-free, Mentored and Safe) project for creating the maternity care kits, popularly known as Mama Packs, to limit their HIV exposure in women and young mothers.
DREAMS is a partnership aimed at reducing rates of HIV among adolescent girls and young women in the highest HIV burden countries.

“In Zambia, nearly 40 infants die from preventable complications for every 1,000 births.” As the saying goes, “An ounce of prevention is worth a pound of cure.” The goal of this endeavour is to deliver that ounce of prevention,” Ambassador Gonzalez said.

He said with ultrasound machines, midwives and doctors can now provide life-saving assessments for mothers and detect problems before they become emergencies.
And Ministry of Defence Permanent Secretary Norman Chipakupaku commended the US Embassy for the donation and urged healthcare professionals to put the devices to good use and keep them safe, expressing hope that they will help prevent maternal and infant deaths.

Receiving the equipment, 64 Armoured Regiment Commander Lieutenant Colonel Billy Munshya said that the donations will go a long way in curbing the challenges that the clinic had previously faced, as well as lessening the burden on the staff and improving the facility’s efficiency.

Fred M’membe Exposes Government’s Failure to Address Critical Drug and Equipment Shortages

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Fred M’membe Exposes Government’s Failure to Address Critical Drug and Equipment Shortages

Dr. Fred M’membe, the President of Zambia’s Socialist Party, he highlighted the dire situation regarding the critical shortage of drugs and medical equipment in the country’s health centers, clinics, and hospitals. Dr. M’membe expressed deep concern over the government’s failure to provide a truthful and simple explanation for the ongoing shortage, pointing to vested business interests as the root cause.

According to Dr. M’membe, the Zambian government has contradicted itself by claiming that the health sector receives significant resource allocations while simultaneously acknowledging the existence of a crisis. This discrepancy raises questions about the transparency surrounding the reasons behind the shortage.

The Socialist Party President further argued that the shortage is a consequence of indecisiveness within the government regarding the selection of business contracts for drug supply. He highlighted the plight of a local drug supplier that is being forced to lay off workers due to the government’s reluctance to procure drugs from their company. Dr. M’membe claimed that the necessary drugs are available within the country, suggesting that the issue lies in the government’s unwillingness to purchase from certain suppliers.

Dr. M’membe criticized the government’s response to the crisis, labeling it as political posturing and a mere facade. He emphasized that the provision of healthcare services should not be subject to micromanagement, as drug and equipment shortages have severe economic, clinical, and humanistic consequences for patients. The lack of access to essential medications forces patients to bear higher out-of-pocket costs, resulting in increased rates of drug errors, adverse events, and mortality.

The Socialist Party President lamented the current state of Zambia’s health outcomes, noting that the country ranks among the worst globally. He expressed concern over the high maternal and infant mortality rates, emphasizing that every life is valuable and that a caring and compassionate nation should prioritize minimal healthcare for all its citizens.

Dr. M’membe called for the growth of Zambia’s pharmaceutical industry and the establishment of fast-track access to all drugs covered under the Essential Drugs List in order to address the drug shortages and achieve universal health coverage for the population.

FQM Country Manager ,Dr Beene must make the documents public -ZCCM IH Minority Shareholders

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FQM Country Manager ,Dr Beene must make the documents public -ZCCM IH Minority Shareholders

In recent developments surrounding the conversion of KMP dividends into royalty, concerns have been raised by minority shareholders of ZCCM-IH regarding hidden information and lack of transparency. The call for increased openness was echoed by the esteemed institution, Caritas, which issued a press release emphasizing the importance of transparency in this matter. However, Dr. Godwin Beene, the Country Manager of First Quantum Minerals (FQM) and former Ministry of Mines Permanent Secretary, dismissed these concerns, asserting that there was no secrecy and labeling the claims as uncorroborated hearsay and conjecture. It would be imperative to explore the validity of Dr. Beene’s statement and emphasize the necessity for public disclosure of the documents in question.

Confirmation of Hidden Information and Lack of Transparency:

To ascertain the veracity of the claims made by Dr. Beene, an examination of the circular to shareholders and the available documents is imperative. The 130-page circular contained a comprehensive list of documents that were supposedly accessible for scrutiny and verification. These documents included the Articles of Association, Certificate of Incorporation, and Certificate of Share Capital of the Company, as well as audited annual reports of ZCCM-IH and KMP for specific fiscal years. Additionally, various agreements, undertakings, and reports pertaining to the transaction were mentioned.

However, despite the supposed availability of these documents, the minority shareholders diligently sought access to the full versions but were met with silence from ZCCM-IH. This silence, in itself, raises suspicions and further contributes to the perception of hidden information and lack of transparency. The failure to provide the requested documents undermines the credibility of Dr. Beene’s assertion that there was no secrecy surrounding the deal.

Involvement of Regulatory Bodies:

Recognizing the significance of the allegations, the Securities and Exchange Commission (SEC) and the Lusaka Securities Exchange (LUSE) initiated investigations in response to the shareholders’ request for increased transparency. The involvement of these regulatory bodies underscores the seriousness of the matter and highlights the need for a thorough examination of the transaction. The findings of these investigations are eagerly awaited, as they will shed light on the extent of transparency and any potential irregularities associated with the deal.

Dr. Beene’s Obligation to Publicly Disclose Documents:

Given Dr. Beene’s claim that there was no secrecy surrounding the transaction, it is imperative that he acts in line with his assertion. To dispel any doubts and ensure transparency, the minority shareholders, call upon Dr. Beene to make the relevant documents public in their entirety. These documents include The Current KMP Articles, The New KMP Articles, The Royalty Agreement, The Termination Agreement, The Settlement Deed and Release, The VAT Agreement, The FQM Undertaking, The ZCCM-IH Undertaking, The KMP Shareholders Agreement, and the audited annual reports of KMP for the last three fiscal years.

Furthermore, the shareholders emphasize the need for the Competent Person’s Report on KMP to be released, as it is pivotal in assessing the mine’s value and ensuring an independent and thorough audit of the transaction. Dr. Beene’s role as the Competent Person makes the release of this report all the more crucial for transparency and confidence-building among shareholders.

Below a press release from ZCCM-IH Minority Shareholders

Dr Beene must make the documents public as he claims that there was no secrecy

1. Background
In their statement of 16 April 2023, the minority shareholders of ZCCM-IH referred to “hidden information and lack of transparency” in the conversion of KMP dividends into royalty.
The honourable and respectable institution Caritas was rightly concerned about this situation and called for more transparency on this matter in a press release dated 20 April 2023.

In a statement, former Ministry of Mines Permanent Secretary and now FQM’s Country Manager Dr Godwin Beene discredited this honourable institution. He stated that « A simple fact-check using the ZCCM-IH website reveals that anyone can download the 130- page circular to shareholders », « There was no secrecy surrounding the deal »,« uncorroborated hearsay and conjecture ». He added that this kind of report « risks undermining current efforts to attract additional investment into the country ».

2. Confirmation of hidden information and lack of transparency

The figures and information provided in the 130-page circular to shareholders were supposed to be available for consultation and verification through various documents. We wanted to check with great vigilance that these figures would subsequently be in line with reality.

On page 31 of the circular to shareholders, the list of documents “available for inspection” and the way they can be consulted were specified (Appendix):
• the Articles of Association of the Company, the Certificate of Incorporation, and the Certificate of Share Capital.
• the audited annual reports of ZCCM-IH for the fiscal years ended March 2019, and December 2020, and the unaudited financial statements for the fiscal year ended December 2021.
• The audited annual reports of KMP for the last 3 fiscal years ended 31 December 2019,2020, and 2021.
• Signed copy of the Report of the Independent Reporting Accountant.
• Signed copy of the Framework Agreement.
• The New KMP Articles
• The Royalty Agreement
• The Termination Agreement
• The Settlement Deed and Release
• The VAT Agreement
• The FQM Undertaking
• The ZCCM-IH Undertaking
• Competent Person’s Report on KMP.
• The KMP Shareholders Agreement
• The Current KMP Articles
• the written consents of the Competent Person, Transfer Secretary, Legal Advisors,Financial Advisor, Reporting Accountant and Transaction Sponsoring Broker on the Transaction named in this Circular to act in those capacities, none of whom have withdrawn their consent prior to registration.On page 125, the notice of Extraordinary General Meeting circular indeed informed that
« the Circular includes the salient terms of the transaction » and « extracts » of certain documents.

We are well aware that the devil is in the detail. That is why, as mentioned in our press release of 16 April 2023, we repeatedly asked ZCCM-IH for access to the full documents.
We confirm that the only response was a deafening silence.

3. Regulatory Bodies have tackled this issue

Following our request, the SEC and LUSE have recently replied that they have initiated investigations and come back to us once the investigations are completed.

4. Dr Beene must make the documents public as he claims that everything is transparent Since Dr Beene states that « There was no secrecy surrounding the deal », we request that he makes the following documents public in full : The Current KMP Articles, The New KMP Articles, The Royalty Agreement, The Termination Agreement, The Settlement Deed and Release, The VAT Agreement, The FQM Undertaking, The ZCCM-IH Undertaking,

The KMP Shareholders Agreement, The audited annual reports of KMP for the last 3 fiscal years ended 31 December 2019, 2020, and 2021 and above all The Competent Person’s Report on KMP as FQM, yet fully involved in the agreement, is the Competent Person,without an independant thorough audit of the mine.

5. Shareholder of First Quantum Minerals and transparency I am also a shareholder of First Quantum Minerals. The honourable and respectable Caritas institution is unanimously recognised for its support and defence of the interests of the poorest and the voiceless. Dr Beene’s posture towards this institution calling for more transparency appears therefore inappropriate. The frivolous reasons give the impression of being a counter-fire to the lack of transparency highlighted.

The majority of FQM’s owners are financial institutions, pension funds and small investors.They invest ethically and are respectable shareholders who are concerned that FQM’s
mining operations be shared fairly and transparently with local people. According to FQM,« First Quantum Minerals Ltd., and its subsidiaries (collectively, the “Company”) is
committed to conducting its business with high standards of ethics ». For a respectable shareholder, if transparency is an issue, this would suggest that deals and the
business are fishy.

For the avoidance of doubt, as a shareholder of First Quantum Minerals, I am therefore suggesting Dr Beene to make all the above documents public.

Issued by:
Thierry CHARLES
Spokesperson of Minority Shareholders of ZCCM-IH
23 May 2023, FRANCE.

Jerusalem Church National Chairperson Urges Unity and Preservation of Lumpa Church Principles

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Jerusalem Church National Chairperson Urges Unity and Preservation of Lumpa Church Principles

Jerusalem Church National Chairperson Alex Musanya has appealed to all Lumpa Church members to be united and defend the principles on which the church was founded.

Mr Musanya says there is a need for the country to know the truth about Lumpa church and Alice Mulenga Lenshina and her contribution to Christianity in Zambia and Chinsali in particular.

Mr Musanya says the Jerusalem Church members should create awareness on how the Lumpa Church came into being.

“Let the truth be told to the public so that people’s negative perception about Lumpa church is understood with the truth,” Mr Musanya said.

Speaking during the burial of the last daughter of Alice Mulenga Lenshina who was put to rest at Chinsali District Council Cemetery over the weekend, Mr Musanya said there is a need to document the truth about Lenshina and the then Lumpa church.

Mr Musanya, who is also Jerusalem Church lawyer and former MP for Chinsali in the Mwanawasa regime, explained that due to public interest and history, Jenipher Bubile Ng’andu, the late daughter to Lenshina, requested to be buried in Chinsali adding that the church is ready to support the heritage of the graves of both Lenshina and her daughter since both graves are in Chinsali.

Mr Musanya also made an earnest appeal to the government to consider Lenshina’s story in the history curriculum so that it helps future generations to understand the positive contributions that Lenshina made towards Zambia’s liberation struggle for Independence from 1962-1964.
He recalled that the Lumpa Church went through some revolutions which made it change the name from Lumpa to Jerusalem Church in 2005 when Late President Patrick Levy Mwanawasa recalled them from exile in Congo DRC in 2005.

He said that the Government then recognised the then Lumpa church members as Zambians and later repatriated them back to Chinsali District in Muchinga Province in Kasomo village as a duly registered church with executive members.

“Kasomo village is also a burial site for Alice Mulenga Lenshina whose tomb is protected by her church members,” he said.

And Lenshina family spokesperson, Emmanuel Kashimu Lubusha who gave the life history of Jenifer Bubile Ng’andu at the burial site, said the family tree of Alice Mulenga Lenshina needs to be documented and be kept for its contribution to Christianity in Chinsali.

Mr Kashimu explained that Jenifer Bubile Ng’andu chose to be buried back in Chinsali not because she was poor but because she saw the value of their history towards political dispensation.

He added that Jenifer was born in 1949 to Petros Chintakwa and Alice Mulenga Lenshina in a family of seven, who have all died, marking the end of Lenshina’s nuclear family.

Mr Kashimu disclosed that Jenipher’s original clan is Ng’andu of senior Chief Nkula of the Bemba people in Chinsali whose parents hailed from Chintakwa village in Nkula Chiefdom hence her wish to be buried in Chinsali.

And speaking on behalf of the Government, Chinsali District Commissioner Samson Muchemwa thanked Jerusalem Church members for their unity and obedience
Mr Muchemwa said the Government is ready to work with leaders of Jerusalem Church so that the burial sites for both Jenipher Bubile Ng’andu and her Mother Alice Mulenga Lenshina are well protected and be considered for recognition as heritage sites.

He said as the province prepares to host its Expo in October this year, Kasomo village is among the tourism sites that have been identified adding that soon the Road Development Agency will move into the Chinsali -Kasomo area.

Scores of Chinsali residents joined the funeral procession to send off the last biological daughter of Alice Mulenga Lenshina who was commonly known as “Mama” as this marks the end of Lenshina’s children.

She has left behind a husband Justin Bwalya 82, two grandchildren and 16 great grandchildren.

ZESCO Explains Tariff Adjustments to Enhance Service Reliability

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ZESCO Explains Tariff Adjustments to Enhance Service Reliability

ZESCO, the power utility company in Zambia, has provided an explanation for the recently approved upward tariff adjustment, emphasizing its positive impact on reliable service delivery. Fitzpatrick Kapepe, ZESCO’s Head of Business Development, delivered a presentation to shed light on the matter.

During the presentation, Mr. Kapepe highlighted that the implementation of cost reflective tariffs would contribute to the financial stability of the institution. He further elaborated on the challenges faced by ZESCO in 2019 and 2020, where significant losses were incurred due to the inability to meet electricity generation and distribution targets, primarily attributed to high operational costs.

The prevailing economic conditions, including factors such as economic growth, inflation, and exchange rates, have hindered ZESCO’s service delivery capabilities. Mr. Kapepe asserted that the newly adjusted tariffs would serve as a means to cushion the impact of these factors, allowing ZESCO to enhance its service quality.

The Energy Regulations Board (ERB) approved ZESCO’s application to adjust its tariffs upward to be more reflective of costs back in April of this year. Since then, ZESCO has taken the necessary steps to implement the new tariffs for its diverse range of clientele. This includes metered clients, maximum demand clients, and social service clients, with the adjustments set to span over a five-year period from 2023 to 2027.

The tariff adjustments have been carefully designed to align ZESCO’s revenue streams with the operational costs incurred in generating and distributing electricity. By attaining cost reflective tariffs, ZESCO aims to address its financial challenges and pave the way for a more reliable and sustainable power supply to the people of Zambia.

ZESCO remains committed to fulfilling its mandate of providing efficient and affordable electricity services to the nation. The company is confident that the tariff adjustments will contribute significantly to its financial stability, enabling continued investment in infrastructure, maintenance, and capacity expansion, ultimately leading to improved service delivery for all its customers.

As ZESCO moves forward with the implementation of the adjusted tariffs, it remains dedicated to engaging with stakeholders, including customers, to ensure transparency and address any concerns related to the tariff adjustments.

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