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BOZ does not owe Musokotwane any benefits-Mayondi

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Former Finance and National Planning Minister Situmbeko Musokotwane

Bank of Zambia has said that it was unaware of any retirement benefits due to the former Minister of Finance and National Planning, Situmbeko Musokotwane. This is according to BoZ head of public relations Kanguya Mayondi.

This follows allegations by President Sata recently that Dr Musokotwane was receiving two salaries after he left the bank to become secretary to the treasury and later economic advisor at State House.

Dr Musokotwane said when he was hired as a consultant by the bank to provide certain services, he did not get any remuneration from Government as an economic advisor at State House.

He challenged Government to countercheck the payrolls at the bank and Government to verify if at one point he got double salaries.

It was alleged that Dr Musokotwane stands to pocket up to several billions in retirement packages from the government through the Bank of Zambia (BoZ) where he once served as a deputy governor.

But the bank, in a response to a press query, yesterday stated that it does not owe Dr Musokotwane any benefits.

“The Bank of Zambia wishes to state that it is not aware of any payments which are due to the former Minister of Finance and National Planning, Dr Situmbeko Musokotwane.

“The Bank of Zambia further wishes to urge you to contact Dr Musokotwane directly for any further information,” Mr Mayondi said.

Katele tells Rupiah not to interfere in MMD presidential race

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Dr Katele Kalumba
Dr Katele Kalumba

Opposition Movement for Multiparty Democracy MMD former national secretary Dr. Katele Kalumba has pleaded with former president Rupiah Banda not to interfere in the election process of the new party president.

Dr. Kalumba says it is important this time around for party members to allow for a democratic process in electing next MMD president.

He says suspicions that president Banda is siding with a named candidate are derailing the party’s democratic process.

Dr. Kalumba says some members are already frustrated with the back-door process the MMD is using to elect the new president.

He says for once, the MMD members should be allowed to elect a leader who will carry forward the vision and aspirations of the party.

Speaking in an exclusive interview with QFM radio, Dr. Kalumba said the MMD should forget about bouncing back to power if a back-door system is used to elect the party president.

QFM

MUSCLE BUILDING NUTRITION

Entertainment Editor
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Spending hours in the gym will not be effective to your body if you do not have a proper diet. Nutrition is the most important part of body building.

The high levels of muscle growth and repair achieved by bodybuilders require a specialized diet. Generally speaking, bodybuilders require more calories than the average person of the same weight to provide the protein and energy requirements needed to support their training and increase muscle mass. A sub-maintenance level of food energy is combined with cardiovascular exercise to lose body fat . The ratios of food energy from carbohydrates, proteins, and fats vary depending on the goals of the bodybuilder.

SOME RULES TO FOLLOW

Fuel before your workout

Aim for 1g of carbohydrate to each 1/2g of protein an hour before your workout. This combination will give you extra energy to power your lift


Eat 2g protein for every kilo of body weight

 

This is essential to build muscle and keep blood-sugar levels constant. So stock up on lean meats like turkey and chicken, as well as tuna and a few choices cut of beef.


Bulk up with yoghurt

 

Pour it over fresh fruit for breakfast, or have a pot for dessert. Its high calcium has been proven to increase muscle growth.


Time your refuel

Consume essential amino acids (found in protein and carbohydrates) after resistance training, and every hour for 4 hours thereafter. This will maximize new muscle growth.


Complement with vegetable proteins

A high-protein diet is very acidic and could affect bone density. Counter this by eating vegetable proteins such as beans, lentils, raw nuts and seeds.


Supplement your diet with nitric acid

Found in beans, fish and soy, it increases the size of the blood vessels in your muscles, so you can work harder.

 

BY KAPA187

Thomas Nyirenda doubt For Africa Cup

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Thomas Nyirenda is in a desperate race to be fit to make the final Africa Cup team after suffering another injury setback.

Faz says the Konkola Blades defender will be out for three weeks and did not train with the team on Wednesday at Sunset Stadium.

Faz confirmed in a press statement that Nyirenda suffered a recurrence of his right knee injury.

Team physician Dr Joseph Kabungo said he was confident Nyirenda will be fit in time to rejoin the team during its final phase of training camp in South Africa that starts on December 28.

“Thomas has had a recurrent partial irritation in the medial meniscus. So he will need a diagnostic arthroscopy to the right knee. This will be done tomorrow Thursday at the Italian hospital,” Dr Kabungo said.

“He will be out for up to three weeks. But he will be fit for the Africa Cup of Nations finals. The medical team will still continue monitoring his progress. In the meantime, we will put him under a special medical rehabilitation programme.”

Dr Kabungo said Nyirenda should be fit by January 7.

Nyirenda returned from injury just a week ago after sustaining the injury a month ago in camp with Zambia before their November 15 friendly against Nigeria away in Kaduna.

He went on to miss Blades’ Barclays Cup final 2-1 loss to Power Dynamos including Zambia’s one week training camp in India.

We Will Miss Kangwa-Nkana

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Nkana Secretary Lombe Mbalashi says the Wusakile outfit will dearly miss the service of teenager striker Evans Kangwa who is set to join South African side Orland Pirates.
Kangwa was the top scorer in the Super League this year after netting16 goals in all competition and scored 7 goals at the ended COSAFA Youth Championship in Botswana where he won the golden boot plus player of the tournament awards.
Mbalashi said the young star’s lethal combination with striker partner Reynold Kampamba greatly helped Nkana, who finished on 7th in the Super Division to perform well.
He said the Nkana was indebted to Kangwa over his contribution to the legendary club adding that his executive does not hold on to players who want to move on.
“We will miss him (Kangwa).But it will be criminal for us to hold on to players, Kangwa has assisted us and we wish him all the best,” Mbalashi said.
He indicated that Nkana has already launched a search for Kangwa’s replacement ahead of next season.
“It is not the end of the World (Kangwa’s departure). We are already in the search for replacements. Before Evans we had Patrick Kabamba he left and Evans came along. So we will find another one,” he added.
On Nkana’s deal with Pirates, Mbalashi said negotiations between the two teams are yet to be concluded.

Delays to Appoint Bank of Zambia Governor Affecting Injection of Capital

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Former Bank of Zambia Governor Caleb Fundanga

The labour movement in the financial sector says lack of a Governor at the Bank of Zambia undermines the respect due to the institution.

Zambia Union of Financial Institutions and Allied Workers–ZUFIAW- President, Cephas Mukuka said the state of affairs is hampering investors’ injection of capital in to the country.

The dismissal of Central bank governor Caleb Fundanga with six months to go on his contract also raised eyebrows among investors, who had approved of his tight grip on prices and oversight of the kwacha currency.

Mr. Mukuka told MUVI TV BUSINESS News that the position of Bank of Zambia Governor is critical to Zambia’s economy.

It is almost three months now since the former governor Dr Caleb Fundanga was relieved of his duties. President Sata is yet to appoint a successor.

Dr Caleb Mailoni Fundanga had served as Governor of the Bank of Zambia since March of 2002.

He was appointed Governor, after serving as Senior Advisor to the President of the African Development Bank in Abidjan, Cote D’voire from 1998.

Dr. Fundanga further served as an Executive Director at the African Development Bank.

Dr. Fundanga also served as Permanent Secretary in the Ministry of Finance for six years at Cabinet Office before finally winding up in the Office of the President as Permanent Secretary in charge of the National Commission for Development Planning.

Dr.Fundanga was at the helm of the sale of Finance bank.Finance bank had been sold to First Rand Bank of South Africa by the previous government for alleged breach of the Banking and Financial services Act.According to a Government Gazette notice on the possession of Finance Bank Zambia Limited,the Finance Bank chairperson Rajan Mahtani had been named as having been involved in indirect acquisition of shares into the bank through complex arrangements that violated the law.

However in a dramatic turn of events,President Michael Sata after taking office instructed Finance minister Alexander Chikwanda to return Finance Bank Zambia Limited to its previous owners after firing Dr.Caleb Fundanga.

Finance Minister Alexander Chikwanda is Acting President

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Finance Minister Alexander Chikwanda

Finance Minister, Alexander Chikwanda is the acting President during President Sata’s absence. Vice president Guy Scott is also away in China.

President Sata has left for Uganda today to attend the International Conference on the Great lakes Region–ICGLR-summit. The ICGLR summit would take place from December 15 to 16, 2011 after which President Sata would return home.At the summit President Sata is expected to hand over the chairmanship of the ICGLR to president of Uganda Yoweri Museveni.

This is President Sata’s first foreign trip since winning the September 20th polls.

President Sata who left in the company of his wife has in the past vowed not to globe trot in an effort to save public resources.

President Sata’s advance party included Defence Minister Geoffrey Mwamba, his Foreign Affairs counterpart Chishimba Kambwili, Deputy Minister in-Charge of Gender Emerine Kabanshi and other senior officials.

Attempts by journalists to get a comment from President Sata over his first foreign trip proved fruitless as he blatantly refused to speak to them.

The temporary transfer of power was symbolized by defence chiefs saluting Minister Chikwanda just before President Sata left.

Efforts to get a comment from Mr Chikwanda immediately after president Sata left failed as he was stopped from talking by officers from cabinet office.

Sugar Cane Cutters From Western Province Camp Outside government complex

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A group of sugar cane cutters from the Western Province are protesting at the Ministry of Labour in Lusaka over none payment of benefits by their former employer, CFO.

The group has so far spent four days at the new government complex in an effort to have audience with the Ministry of Labour permanent secretary over their plight.

One of the affected workers, Chipango Masambu says life has not been easy since they lost their employment on 10th November this year.
CFO is a contractor who engaged the workers to work as sugar cane cutters at Kafue sugar.

[Muvi TV

K11.9 billion spent on the 50 diplomats recalled by PF Government

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Members of Parliament

Government says fifty Zambian diplomats have been recalled from September 2011 to date.

Responding to a question by Mpongwe Member of Parliament Gabriel Namulambe who wanted to know how many Zambian Diplomats serving abroad have been recalled by the Government and how much money has been spent in repatriation fees and gratuities as a result, Acting foreign affairs minister Dr Joseph Kasonde revealed that K11.9 billion has been set aside for repatriation.

Dr Kasonde also revealed that no political cadres have been appointed into Foreign Service during the same period.

He says diplomatic appointments have been made on the basis of requisite qualifications and that those appointed are still undergoing appointment formalities.

The minister further explained that there is currently no government policy with regards to sending political cadres into Foreign Service.

[ZANIS]

The Zambian government should engage foreign auditors- Chamber of mines

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NCHANGA Mine rescure Team B Captain Jonathan Kolala inspects air underground during the Zambia Mine Rescure Association competetion at Namundwe MineTHE Chamber of Mines of Zambia has recommended that the Government should appoint an independent international auditor to carry out compliance audits to address concerns expressed by stakeholders and members of the public on whether the mining companies are honest enough in their voluntary declarations.

Chamber general manager Frederick Bantubonse said in a statement obtained in Kitwe yesterday that it was imperative that assertions by some parties were addressed and subsequently appreciated.

Mr Bantubonse noted that in January 2008 late president Levy Mwanawasa told the nation that the Government had discovered that effective tax rate in Zambia was the lowest in the world at 31%.

The Government then wanted the effective tax rate to be increased to 47%.

He explained that after the budget was presented to Parliament in 2008, which proposed to introduce, among others, windfall tax, the mining industry contracted tax consultants to advise on what the effective tax rate would be once the new tax measures were introduced.

The consultants informed the industry that the effective tax rate would be well over 80% far above the 47% that was targeted by the Government.

“The perception by many people in Zambia seems to be that the abolition of windfall tax means that mining companies have been exempted from paying taxes,” Mr Bantubonse said.

He said it was not the case as mining companies pay other taxes including company tax, minerals royalty tax, Value Added Tax, and others.

The company tax at 30% of profit, in particular, would increase greatly once carry over losses and capital allowances are liquidated and more mining companies become tax liable.

“There is still, therefore, a form of windfall tax in operation called variable profit tax which is based on profit and is triggered when a mining company makes operating profit of over eight per cent,” Mr Bantubonse explained.

He said in view of the misunderstanding, the chamber was recommending to the Government to engage an independent international auditor to carry out compliance audits.

Efforts to get mines minister Wilbur Simuusa and his deputy Richard Musukwa failed as their mobile phones were not reachable by press time.

[Times of Zambia]

Western Province MPs to meet

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File:Western Province Permanent Secretary Augustine Seyuba shaking hands with Barotse Royal Establishment’s Induna Namuyamba

Members of parliament from Western province have resolved to find common solutions to problems facing the province regardless of political affiliation.

This follows a meeting which was held at parliament buildings and was addressed by Western province minister Nathaniel Mubukwanu and permanent secretary Augustine Seyuba.

The parliamentarians resolved that the permanent secretary should engage all stakeholders because his office is the focal point for development.

Mr Mubukwanu told the members of parliament that government should focus on major interventions addressing the challenges of infrastructure development.

The meeting noted that the province is the least developed with high unemployment levels poor road network and limited access to clean water.

The meeting also acknowledged the role the Barotse Royal Establish plays in the administration of the province.

The 17 members of parliament who represent the Patriotic Front PF, MMD, Alliance for Democracy and Development-ADD and the United Party for National Development-UPND attended the meeting.
[ZNBC]

Pedicle road to cost K313 billion

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The government has awarded a contract to Fratelli Locci contractors to tar the pedicle road at a cost of K313 Billion Kwacha.

Luapula Province Permanent Secretary Gabriel Kaunda disclosed the development in an interview with ZANIS in Mansa on Wednesday.

Mr. Kaunda says the contractor will soon move on site and start bush clearing to pave way for tarring of the 70 Kilometers stretch from Mukambo in Mufulira to the Mwanawasa Bridge in Mansa District.

He says the tarring of the pedicle road is expected to be completed in two years.

The pedicle road passes through the Democratic Republic of Congo linking the Copperbelt and Luapula Provinces.

Meanwhile, the Permanent Secretary further disclosed that negotiations by the Zambian and Danish Governments are underway to resurface the Chembe- Kashikishi roads in Luapula Province.
[ZNBC]

Dec nabs former cricket officials

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The Drug Enforcement Commission has arrested former President of Zambia Cricket Union Andrew Shawa and former treasurer Ketankumar Nailk for various money laundering activities.

Shawa aged 64 and Naik 43, allegedly stole money amounting to over 270 million kwacha, property of Zambia Cricket Union.

Drug Enforcement Commission -dec Acting Public Relations Officer Samuel Silomba says between January, 2006 and December 2011, jointly and while acting together stole the money from the cricket union of Zambia.

Silomba told ZNBC news in a statement that Naik is also believed to have forged four receipts for Eeves Limited amounting to K72 million which he later fraudulently altered to Auditors purporting to show that the sum was paid for rentals.

He is further believed to have engaged in an act of false accounting by presenting petty cash vouchers purporting to show that the money on the vouchers was used as expenditure by Zambia Cricket Union when in fact not.

The duo has since been released on bond and will appear in court soon.
[ZNBC]

MMD’s top job race heats-up

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MMD Deputy National Chairperson Kabinga Pande
MMD Deputy National Chairperson Kabinga Pande

The race for MMD presidency is heating up with one of the contenders Kabinga Pande declaring that he will re-brand the party once elected Party president.

Mr. Pande who is MMD Vice National Chairman says he is well equipped to unite the party and move it to glory.

He says the party needs a man like him who is ready to rebuild the party and partner with the grass roots.

Mr. Pande says the MMD needs to wipe out insincerity and all elements of corruption in the MMD party.

Meanwhile Mr. Pande says the MMD National Executive Committee has not met to decide on which route it will take in electing its party president.

And Mr. Pande has dismissed as mere perception the notion that Dr Nevers Mumba and Felix Mutati are the front runners for the MMD presidency.

The MMD is on course to elect its president and among the contenders include Chisamba M.P Moses Muteteka, Situmbeko Musokotwane and Felix Mutati.

Others are Kabinga Pande and Nevers Mumba.
[ZNBC

Witness fails to produce evidence against MP Muteteka

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A witness yesterday testified in the Lusaka High Court that Chisamba Member of Parliament (MP) Moses Muteteka distributed cellular phones in exchange for votes during his campaigns in the 2011 tripartite elections.

This is in a matter in which losing Patriotic Front (PF) candidate Oswald Chulu has petitioned the election results of the opposition MMD MP.

Joyce Chibiya 51, a political cadre said she was one of the beneficiaries of the ZTE cellular phones which were given to her and others whom she could not identify at Chipokota Lodge in Chisamba.

Asked in cross examination by a defence lawyer Friday Besa whether she knew who was distributing the phones, Ms Chibiya said she knew that the phones were coming from Mr Muteteka.

She said the MP had told the gathering earlier that he would give them phones in exchange for their votes.

Mr Besa also asked the witness to show proof that the phone was given to her by Mr Muteteka.

In her response, Ms Chibiya insisted that it came from Mr Muteteka because she could not afford to buy a phone.

“There were a lot of people that received phones on that night but I can’t manage to mention their names, they were too many,” she said.

Ms Chibiya said the MP held a meeting at Mutoyo polling station where the electorate took him to task over promises he had been making on taking development to the area. The witness, who was being led in examination in chief by lawyers William Mubanga and Jack Mwiimbu, said Mr Muteteka then apologised to the electorate and promised to meet them later.

She testified that later she and other people were asked to meet at Chipokota Lodge and that she reached there around 20:00 hrs.

She found people distributing cellular phones and that was how she also benefited.

The mobile phones, she said, came from Mr Muteteka who had instructed his supporters to distribute them to the electorate in the constituency.

Hearing continues.

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