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Zambia Beats Pirates Reserve’s 6-0

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Zambia beat Orlando Pirates reserve side 6-0 in a training match this evening at Sars Grounds in Johannesburg.

The match was Zambia’s final phase of a four-day training camp in South Africa before departure for Cairo on Thursday evening ahead of Sundays 2010 World/Africa Cup Group C qualifier against Egypt.

Zanaco striker Given Singuluma scored a hat trick while Zesco United playmaker William Njobvu added one goal.

Striker Emmanuel Mayuka of Israeli side Maccabi Tel Aviv and midfielder Rainford Kalaba from Gil Vincente in Portugal also chipped in with a goal each.

Coach Herve Renard is set to unveil his final 20-man team on Thursday morning prior to departure for Cairo later in the evening.

Mkusi is a showpiece of agriculture development in Zambia, says RB

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President Rupiah Banda has said Mkushi district in Central province is a showpiece of development in Agriculture in the country.

Mr. Banda said the district has, through its massive agriculture production, contributed largely to the development of Central province and Zambia as a whole.

ZANIS reports from Mkushi that President Banda was speaking after touring Damust Farm in Mkushi district today.

Addressing farmers from the Mkushi Farming Block, Mr. Banda said he was amazed with the development taking place in the area with regard to agriculture.

Despite the global credit crunch, the President was glad that both commercial and small scale farmers have grown enough food to feed the country.

He also commended the owner of Damust Farm, Joel Daka for the contribution he was making towards food security in the country.

President Banda said the focus of government would now be to ensure that development programmes initiated are fully implemented for the benefit of the people.

Damust Farm is specialized in maize cultivation and Soya beans production.

Meanwhile, President Banda has thanked traditional leaders and their subjects in Central province for the overwhelming support they gave him during last year’s presidential elections.

He said he decided to appoint George Kunda as his Vice President because he had confidence in him.

He also commended the people in the area for the maintaining peace and unity and urged them to continue with the same spirit in order for development to continue in the province.

Earlier, President Banda, who is accompanied by Minister of Agriculture, Brian Chituwo and other senior government officials, arrived at Damust farm around 09:45 hours.

He was received by Provincial Minister, Ackimson Banda, senior government officials and MMD members in the province.

The President is scheduled to tour another farm Dutoits Farm and later in the farmers, meet farmers at Agri-Options Storage Facilities before returning to Lusaka in the evening.

President Banda is in Mkushi Farming Block to flag off the early harvest at one of the farms in the district.

ZANIS/CK/SJK/KSH/MKM/ENDS

Mbala council in salary arrears

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Workers at Mbala Municipal Council in Northern Province have not been paid their salaries for the last nine months.

And civic leader in the district has accused council management of mismanaging the affairs of the local authority, leading to workers going without salaries for nine months now.

Opposition Patriotic Front (PF) Councillor for Lapisha ward, Clemus Sikombe, charged in a statement to ZANIS that Mbala Municipal Council has failed to pay its workers for the past nine months due to mismanagement of funds and property.

Mr Sikombe charged that the council management has failed to call for full council meetings for the past seven months, adding that it has also failed to come up with civic calendar for the local authority.

But when contacted for a comment, Mbala Municipal Council Town Clerk, Raphael Phiri, dismissed the allegations as false.

Mr Phiri said the correct position was that workers are only owed three months salaries amounting to about K70m.

He explained that the council has been having difficulties to clear the arrears due to the non remittance of the grant by the Ministry of Local Government and Housing and the low revenue levels.

On the alleged failure to hold council meetings, Mr Phiri explained that the council was still waiting for instructions as the they could not hold elections to elect new office bearers when the civic year ended in September last year.

He said the council has not yet constituted the various committees following the directive to postpone the holding of elections by the Minister of Local Government and Housing last year.

ZANIS/ENDS/HM/EB

DEC intensifies efforts to curb counterfeit products

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Official from the anti piracy squad inspect crates of confiscated counterfeit drinks in Lusaka's Zingalume township
Official from the anti piracy squad inspect crates of confiscated counterfeit drinks in Lusaka's Zingalume township

Drug Enforcement Commission (DEC) has redouble its efforts in sensitizing the public so that they can detect counterfeit products that have flooded the Zambian market.

DEC Acting Commissioner Solomon Jere disclosed that over K50 million worth of counterfeit drinks is estimated to be produced and offloaded on the market every week.

He made remarks when he lead journalists to factories where counterfeit drinks were been manufactured, in Lusaka’s Zingulume compound today .

A combined team of DEC and police officers on Sunday night pounced on a truck loaded with counterfeit drinks that was destined for Southern Province..

At the factory, journalists found an assortment of food drinks, unidentified chemicals that were used in the manufacture of the drinks, thousands of empty dirty containers that are recycled and used for filling in the drink and various labels to be stuck on the fake products.

Dr Jere said the culprits in the vice will be slapped with offences dealing in counterfeit products as well as tax evasion.

Dr Jere however observed that all regulatory departments of Government should endeavor to be operational oriented if consumers are to be protected from the danger of consuming fake products.

Dr Jere said many deaths that are recorded in Zambia can be prevented if all regulatory departments in the country work together.

The DEC Commissioner said his organization and the Zambia Police Service will redouble their efforts to strengthen laboratory strategies that will enhance the tasting of foods so that fake foods are dictated and culprits are brought to book.

He warned perpetrators of the vice to beware as DEC is not sitting idle and will soon bring all those involved in this practice that the long arm of the law shall soon visit them.

Dr Jere has since called on the municipal councils, the Zambia Bureau of Standards, Ministry of Commerce and other cooperating partners to redouble their efforts to ensure that safe mechanism are put in place to protect consumers from consuming fake products.

Dr Jere also urged the public to offer their assistance and cooperation to the regulatory wings of Government in order to identify genuine product from fake products.

And speaking earlier, Intellectual Property Specialist Kingsley Nkonde said the situation on the ground is alarming and needs urgent attention.

Mr Nkonde revealed that one truck carrying a truckload of counterfeit drinks worthy about K17million was intercepted by police on its way to the Copperbelt.

He said it is believed that the operation started in 2000 but that the perpetuators of the vice had kept a low profile until recently when the police were tipped on what was going on.

Mr. Nkonde said the trend impacts negatively on the nation’s economy as they invade paying tax to the Government.

He called on the council to take an active role in endeavoring to curb the vice, saying there is a lot that need to be done in order to control the situation.

Meanwhile, the Zambia consumers Association (ZACA) has commended the Zambia police service intellectual property (IP) unit for unearthing a scam of counterfeit drinks manufactured in Lusaka’s Zingalume area.

ZACA Executive Secretary Muyunda Ililonga said the work done by the Zambia Police should be commended because it has a positive impact on the development of the country.

Mr.Illilonga said in interview with ZANIS that the counterfeit products are a danger to the health of Zambians.

He said the products are manufactured with dangerous chemicals and in unclean place hence creating a health hazard to the consumers.

Mr.Illilonga called on the Local Authority and the Zambia Bureau of standards to help curb this devise.

He said the Zambian government must not only concentrate on counterfeit products that are locally manufactured but those that come in from other countries as finished products.

Mr.Illilonga further urged members of the public to work hand in hand with the Zambia police by reporting any suspecting plants in their communities.

ZANIS/PM/PC/MKM/ENDS

Angry Council workers lock-up Kabwe Town Clerk’s office over salaries

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COUNCIL workers today locked-up the Kabwe Town Clerk’s office in protest over the none payment of full salaries and housing allowances agreed upon in 2007.

Zambia United Local Authority workers union (ZULAWU) Kabwe Branch Chairman Pastor Nicholas Chitambala said the workers would only open the office after she had addressed them.

He said the Town Clerk had being communicated to and should have addressed the workers today.

“We wrote to the Town Clerk so she can meet us and discuss the K100, 000 basic salary increment and the housing allowances but she keeps running away from us, “ Pastor Chitambala said.

He said the workers were angry with the town clerk because she kept avoiding them each time they wanted to talk to her and resolve the issue.

The council workers said they have had enough of Ms Chikoti and just wanted her out of office because she has no heart for them.

The office was later opened after persuasion by the ZULAWU National president, Misheck Nyambose who promised to send some representatives to meet the town clerk.

And Zambia Congress of Trade Union Deputy Chairman Peter Nkhuwa said he had communicated to the town clerk who said she would meet him and discuss the issue.

“I had talked to her yesterday and will be meeting her today at 14 hours to discuss the whole issue, “ Mr Nkhuwa said.

This comes after council workers held a meeting with the union yesterday to find the way forward over the none payment of the remaining K100 000 out of the K200 000 basic salary and housing allowance agreed upon in 2007, but that only K100,000 had been paid to them.

Efforts to get a comment from the town clerk proved futile as she was reported to be attending a meeting at Mulungushi University.

ENDS/CMC/PK/ZANIS

Zambia Winding Down SA Training Camp

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Herve Renard is this evening expected to select his final 20-member traveling party for Sundays 2010 World/Africa Cup Group C qualifier against Egypt in Cairo on Thursday.

The final list should be known after Zambia’s training game this evening in Johannesburg against South African Premier soccer League club Orlando Pirates at Sars grounds as the team winds down its four-day training camp in South Africa.

The team will fly out to Cairo on Thursday evening.

Meanwhile, defenders Emmanuel Mbola of Armenian club Pyunik Yerevan and Francis Kasonde from Power Dynamos joined Zambia’s camp on Tuesday and Wednesday respectively.

AIDS cure lurking in our rivers?

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crocodile Chief Mwanachingwala of Mazabuka has called on the Ministry of Health to consider allowing HIV patients to be taking Anti Retro-Viral drugs (ARVs)together with crocodile fats which he claims to be equally a treatment for HIV and AIDs.

The Chief told his subjects during a Ministry of Information sponsored HIV and Aids sensitisation meeting held at his palace yesterday that some people living with HIV were responding well to treatment using crocodile fats because the ‘medicine’ was effective.

He claimed that his subjects, who were using crocodile fats as treatment, had been cured of the disease.

“I know the people that are taking crocodile fats instead of ARVs and are responding to treatment except I can not reveal their names. So apart from ARVs, the crocodile fats can also cure HIV and Aids,” said Chief Mwanachingwala amid cheers from his subjects.

The Chief observed that there is need for the Ministry of Health to seriously consider carrying out laboratory tests to ascertain his claims to save many lives especially those that are disadvantaged by long distances to the district hospitals administering ARVs treatment.

And Chief Mwanachingwala has called on the Ministry of Health to consider upgrading some rural health centres in his chiefdom to administer ART treatment to lessen problems faced by his subjects.

The Chief said long distances, coupled with lack of good nutrition, were frustrating the fight against the pandemic.

Meanwhile, village headmen in Chief Mwanachingwala’s area have urged the government to provide them with bicycles to enable them effectively contribute to the fight against HIV and AIDs.

Speaking on behalf of the village headpersons, headman Mpikwa said without addressing the mobility problems and food rations for people living with HIV, traditional rulers would find it difficult to join hands in the fight against the pandemic.

“We urge government to provide us with bicycles and food for people living with the pandemic. All these should be given to traditional rulers because they are the ones who are living with their subjects suffering from the disease,” said headman Mpikwa.

The headman also took a swipe at some Non Governmental Organisations championing the fight against HIV and AIDS who were in the habit of conducting HIV tests and abandoning people who tested positive without giving them advice on what to do next.

He complained that some people who tested positive need care, love and also income-generating activities to help them meet some of their basic needs as they undergo treatment.

ZANIS/ENDS/HC/EB

Maureen interferred – Dora Siliya

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maureen2Communications and Transport Minister Dora Siliya has said former State House aide David Kombe told her that former first lady Maureen Mwanawasa wanted the ministry to favorably consider a specific firm for an e-governance tender.

Ms Siliya told the tribunal probing her conduct that Mr Kombe who claimed to be Mrs Mwanawasa’s emissary had consistently asked her and other officials in the ministry to consider ZTE which was not one of the companies short-listed for the e-governance tender.

Ms Siliya, in her defence had on Monday alluded to the fact that her ministry was in the past considered to be corrupt because an official from State House had interfered with a tender on e-governance at the ministry.

At this point, the petitioner’s lawyer Bonaventure Mutale said the official should be named but Ms Siliya’s lawyer Eric Silwamba objected saying such names could only be revealed in camera.

But yesterday when defence resumed, chairperson of the tribunal, Supreme Court Judge Dennis Chirwa said the name of the State House official should be revealed because he could not be protected like a whistle-blower.

The minister is alleged to have unilaterally cancelled a duly awarded contract by the Zambian National Tender Board (ZNTB) for the supply, installation and commissioning of Air Traffic Management Surveillance Radar Systems at Lusaka and Livingstone airports.

She is also alleged to have awarded RP Capital Partners a US$2-million contract to value Zamtel assets disregarding legal advice from the attorney general and in the last allegation she is said to have abused constituency development funds (CDFs) in Petauke.

In her explanation yesterday, Ms Siliya named the official from State House as Mr Kombe who in the first instance went to her home and said that a Chinese company, ZTE, should be considered on the e-governance tender.

The minister said that although Mr Kombe, who was chief analyst for Press and public relations, maintained that he was sent by the former first lady, she never confirmed if he was an emissary of Mrs Mwanawasa.

She said ZTE was not among the six companies that were earlier short-listed for the tender but Mr Kombe told her that it was important to consider the company and once that was done, she would be well-looked after.

The same company after re-evaluation of the tender ended up being the preferred company and the one that was chosen earlier, Hua Wei was placed at the bottom of the list.

“He also made reference to the former first lady, Maureen Mwanawasa that she was a friend to ZTE, making it sound like the issue was above him,” she said.

She said when she told Mr Kombe that she was new at the ministry and was not aware of the tender in question, he still made follow-ups by phone.

She said the then permanent secretary Eustern Mambwe and director of procurement Isaac Mukupa also admitted having been under intense pressure from Mr Kombe over the same matter.

In her continued defence, she said that she signed the memorandum of understanding (MoU) with RP Capital Partners of Caymans Island with the blessings of the solicitor general.

She said when she signed the MoU on December 22, 2008, consultations with the attorney general continued, leading to the signing of another MoU on January 9, 2009.

“We signed another agreement this year because even when we signed the first one in December, 2008 we continued to consult because we wanted to have a clearer role of the Zambia Development Agency (ZDA) in the evaluation of Zamtel assets,” she said.

She said when the solicitor general wrote to Ms Siliya making suggestions, she instructed the permanent secretary and the director of communications to consider the advice when signing the MoU.

She said then a meeting was held with Commerce, Trade and Industry Minister Felix Mutati, Zamtel board chairman, and RP Capital Partners officials while the minister of Finance sent apologies.

The meeting was held with a view of coming up with a joint Cabinet memorandum and to explain problems Zamtel was facing before seeking advice on the partial privatisation.

In cross-examination by Mr Mutale, she said that RP Capital Partners was the only company that came up with an offer to value Zamtel assets which the ministry was interested in.

Ms Siliya said from August 2008, the issue of Zamtel came up several times in Parliament while several Press queries were also received and a number of companies expressed interest to buy the company or partly the Cell Z.

“Other than the outright purchase of shares in Zamtel, towards the end of September, RP Capital Partners presented a different proposal of evaluation which met our agenda at the time,” she said.

On the Petauke allegation, she said that she had advanced K12.5 million to the council for the drilling of two boreholes before the CDF was disbursed.

She said on October 29, 2008, she was approached by several women in her constituency who complained of water shortage because two pumps had broken down.
She said when she asked the council secretary, Boyd Mboyi on the state of affairs she was told that there was a problem of water and the CDF had not been released.

“After meeting Mr Mboyi and the council chairman Osman Musa, they told me that a water department drilling machine was in Petauke and the officers were only asking for an advance to sink the boreholes,” she said.

The minister said that since she was going back to Lusaka and she only had K7 million, she gave Mr Mboyi K6 million with an assurance that she would add another K6.5 million when she returned to Lusaka. The hearing continues.
[Times of Zambia]

Copper to boost Kwacha power

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THE Bank of Zambia (BOZ) says the Kwacha is likely to record significant appreciation in view of the copper prices that have started rising.

BOZ governor, Caleb Fundanga, said this at a media briefing in Lusaka yesterday.

Dr Fundanga also reiterated the Central Bank’s ban of commercial banks from short term lending of huge sums of money to off shore borrowers for not more than one year to curb volatility in the exchange rate market.

He said of late, some foreigners could borrow as high as K100 billion payable within seven days at high interest rate which they used to buy the dollar and later sold the same on the Zambian exchange market.
Dr Fundanga said this was creating speculation and volatility in the Zambian exchange market.

He, however, said the country’s economic outlook was brighter especially with the copper prices that had started increasing and the anticipated rise in production of the commodity with the opening of Lumwana Mine.

Dr Fundanga said if inflation continued to lower like had been the case over the past two months, the central bank foresaw a 10 per cent target being met by June this year.

The annual inflation rate rose to 16.6 per cent in December last year due to the increase in food and non-food inflation, reflecting low maize supply and cereals coupled with high production costs of processed food items.

However, inflation levels slowed down to 16 per cent in January this year and further to 14 per cent last month.

Dr Fundanga attributed the decrease in inflation levels over the past two months to a decline in food inflation owing to the Food Reserve Agency’s subsidies and stable fuel prices.

He said the interest rates were market determined and were not fixed by the central bank.
Dr Fundanga said the central bank had seen a reduction in foreign reserves from over US$1 billion early last year to below US$900 million.

He said this was because the central bank was now doing more of selling of the dollar compared with early last year when it was buying the foreign currency due to too much dollar supply on the market.

Dr Fundanga said Zambia recorded an overall balance of payments (BoP) deficit of US$144.5 million during the fourth quarter of last year compared with a deficit of US$120.6 million recorded the previous quarter.

“This was largely on account of unfavourable performance in the current account that outweighed the improvements recorded in the capital and financial account,” he said.

Dr Fundanga said, however, that on annual basis, the overall BoP position recorded a surplus of US$45.7 million which was 85.3 per cent lower than the US$310.5 million recorded in 2007.

He also said a statutory instrument on anti-dollarisation would soon be issued so that the central bank could deal with business institutions that quoted prices of their goods and services in dollar.

Dr Fundanga said Zambia was the only country where dollarisation had been tolerated and that time had come to act against the trend.
[Zambia Daily Mail]

situmbekomining
Cartoon from cartoonist Ntheye

Two NGO’s calls for disbanding of Task force

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The Committee of Citizens (CC) and the Evangelical Youth Alliance (EYA) have called upon the government to disband the Task Force on Corruption now that the Anti-Corruption Commission would be the leading agency in the fight against corruption and other crimes in the country.

EYA President Moses Lungu and Committee of Citizens Gregory Chifire said this in a jointly signed statement made available to ZANIS in Lusaka today.

The duo who commended government for adopting and launching the National Anti-Corruption Policy (NACP) said immediate changes to the fight against corruption should be embarked upon immediately.

They said there were many issues that surrounded the Task Force adding that the body remained illegally in its operations.

Mr. Lungu and Mr. Chifire said the Chairman of the Task Force was made to exercise investigative and prosecution powers, functions that are mandated by the law to be exercise by Zambia Police (ZP), Anti Corruption Commission ( ACC) and the Drug Enforcement Commission (DEC).

And the duo have called for a comprehensive financial audit to be done in order to asses how millions of dollars provided by the government and other cooperating partners were spent.

“We strongly demand that the Auditor General (AG) audits the Anti-Corruption Fund (ACF), and account that belongs to the Task Force on corruption and held in a bank account in the United Kingdom (UK),’ the duo stated.

Mr. Lungu and Mr. Chifire have since demanded the for the prosecution of former Task Force Chairman Mark Chona for diverting funds as stated in the AG’s report for 2005.

The duo said the report indicates that the former Task Force Chairperson diverted the funds to unknown consultants.

They said the Audit Report also cites other serious irregularities surrounding the hire of private prosecutors and the contract that Mr. Chona signed without the consent and authority of the AG.

“We recognize that former DEC Commissioner Ryan Chitoba is also facing similar charges before the courts of law and there should be no discrimination or selection in matters of the law and the nation,” they said.

ZANIS/AJN/MKM/ENDS

Get your facts right first, Dr. Rodger Chongwe advised

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The Authentic Advocates for Justice and Democracy has advised Dr. Rodger Chongwe to get his facts right before making pronouncing through the press to avoid misleading the public.

In a document signed by AAID president John Longe and his publicity Secretary Josphat Changwe stated that the UNIP zero option was a document which existed in UNIP circles and the then Party President Kebby Musokotwane acknowledged the presence of the document which Dr. Chongwe wanted to attribute to Dr. Chiluba.

The due stated that Dr. Chongwe implied lack a sound relationship between Dr. Chiluba and the late President Mwanawasa but he should realize that the late president always invited Dr. Chiluba for International functions held in Zambia and that was the reason Dr. Chiluba attended the SADC Heads of States meeting on the Zimbabwean crisis in Lusaka.

They said there was nothing wrong for the current president to invite his predecessors for State functions as the matter was purely handled but protocol officers charged with the responsibility.

The two said Dr. Chongwe should remember that Suresh Desai and Yusuf Badat served in the Chiluba administration despite being Zambians of Asian origin.

They stated that even Dipak Patel went his way when he chose to stand as an independent for the Lusaka Central seat which had nothing to do with Dr. Chiluba as it was a personal choice.

The duo advised Dr. Chongwe to revisit his facts before going public so that he does not mislead and misinform the undiscerning members of the public over the Chiluba -Chongwe issues.

The Duo said the statements raised by Dr. Chongwe were motivated by hatred and aimed at sustaining a smear campaign to undermine the office of the second republican president.

ENDS/CN/CMM/PK/ZANIS

It is responsibility of UTH to burry unclaimed bodies – LCC

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The Lusaka City Council (LCC) has dismissed claims by some sectors of society that it was the council’s responsibility to bury unclaimed bodies.

Council Public Relations Manager said Chanda Makanta said it was the responsibility of the University Teaching Hospital ( UTH) and the Social Welfare.

Ms. Makanta told ZANIS in an interview in Lusaka today, that the council only provides labour, transport and identifying the piece of land or cemetery that could be used to bury the unclaimed bodies from hospital.

The Council Public Relations Manager said it was very unfortunate that some sectors of society think that the Local authority was responsible to bury unclaimed bodies.

Ms. Makanta urged those that think that it is the Council’s responsibility to bury unclaimed bodies to do their research well.

She has since said the Council was open to UTH if the health institution needed assistance in terms of provision of logistical support.

ZANIS/AJN/MKM/ENDS

BOZ acts to ease the impact of global financial crisis

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The Bank of Zambia (BoZ) has unveiled responses the country is taking to ease the impact of the prevailing global financial crisis on the Zambian economy.

Bank Governor Caleb Fundanga said at a quarterly media briefing today that the Bank of Zambia has significantly increased the supply of foreign exchange on the market.

Dr. Fundanga said, in the fourth quarter of last year, the central bank made a net sale of US$230.5 million to the interbank market.

He said the bank has also improved its information inflow by continuously interacting with banks for detailed information regarding foreign exchange transactions.

“The BoZ has also engaged major business entities to understand their expected foreign exchange requirements. This is necessary to ensure market constraints are addressed expeditiously.

He added that the bank has further engaged other regulatory authorities in an effort to stem the growing trend of dollarisation in the country, which he said would destroy the economy if left unchecked.

Dr. Fundanga said the Bank of Zambia has in the same vein issued directives to commercial banks, prohibiting the extension of loans and credits and the provision of other resources through the local currency, the Kwacha, to non residents.

“This measure is aimed at addressing volatility in the exchange rate of the Kwacha against major foreign currencies. In this regard, government is expected to issues a statutory instrument,” he explained.

The BoZ governor added that government has also put up some tax policy measures to respond to the effects of the global financial crisis, citing steps to maintain a prudent fiscal policy and continue to encourage investment in the economy among others.

He said these measures would support export diversification through interventions in the agriculture, tourism, and manufacturing sectors.

“To ease the adjustment to the external shock Zambia has experienced and support bank of Zambia’s ability to maintain orderly foreign exchange market conditions, cooperating partners have also made commitments to sustain and where possible augment the levels of financial support,” he said.

In another development, Dr. Fundanga today told journalists that the International Monetary Fund (IMF) mission visited Zambia in December 2008 to review the Poverty Reduction and Growth Facility (PRGF) programme which was approved in June of the same year.

He said the IMF mission and the Zambian authorities agreed on the macroeconomic targets for the medium term and structural measures for 2009.

“The mission observed that following an extended period robust expansion, economic growth in Zambia was slowing as a result of the global crisis,” he said.

Dr. Fundanga however said the IMF noted that Zambia’s strengthened macroeconomic position in the past few years had provided a solid basis from which to adjust to the weaker external environment.

He disclosed that the IMF mission also assured government that it was ready to provide substantial additional balance of payments support under the PRGF arrangement.

The Central bank Governor also observed that there were positive signs for the stability and improvement of the Zambian economy even in the midst of the global financial crisis.

He noted that the copper prices, which as at yesterday had reached slightly over US$4,000 per metric tonne of copper on the international metal market, would help cushion the Zambian economy.

He has since called for the creation of more initiatives such as encouraging exports of raw materials.

The global financial crisis originated in the United States of America through sub-prime mortgage market, which resulted into the global economic recession.

ENDS/KSH/PK/ZANIS

Bosman Rules As Rangers Lose

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Nchanga Rangers’ appeal against their demotion looks to have received  a final knockout blow when on Tuesday, Faz decided today effected the Bosman ruling.

And Faz spokesman Emmanuel Munaile said that Rangers appeal against relegation will not be heard by the Faz council on April 18 during the associations annual general meeting.

“The executive committee of the Football Association of Zambia guided by Article 6 of the constitution has decided that the matter in which Nchanga FC have requested  be tabled before the Faz annual general meeting for the awarding of points in their dispute of the use of players from Chambishi FC will not be heard at the next Faz AGM to take place at the Mulungushi international conference Centre on April 18-19, 2009,” Munaile said.

“Article 6 of the Faz constitution states that the status of the players and the provisions for their transfer shall be regulated by the executive committee of the Faz in accordance with the current Fifa regulations for the status and transfer of players.

“Accordingly and in line with Faz and Fifa regulations and the Bosman Ruling of 1995 this therefore means that the league standings or provided for by the premier league organizing committee which have been approved by the executive committee for the 2008 season will stand and that Nchanga Rangers FC will this weekend of 28-29 march play in Division One north.

“The Faz council just like the Fifa congress is a policy making body which does not consider matters of a dispute nature as awarding of points and status of players.

“Matters of such nature have been given their relevant grievance and appellant procedures under the constitution and this is constituent with the Fifa statues.”

And so with this ruling Rangers are expected to make their lower league debut this Sunday with a Division One north Week 3 home match when they host early leaders and unbeaten Afrisports at Nchanga stadium in Chingola.

Rangers earlier won points in an appeal against Chambishi for using two unregistered players in a Week 16 league game last season that finished 0-0 at Chambishi Grounds on August 2.

The two players in question were former Rangers signees Gerald Bwalya and Stephen Sakala whom the Chingola club allegedly claim were still their players and not free agents.

This was despite the duo being fired in the first half of the 2008 season by Rangers who claimed that the Chingola club was still entitled to a transfer fee for players they had dismissed as they were still registered with them.

Rangers officially finish in 13th place on 35 points on the Premier Division table after losing two points off the 37 points they had won in their appeal, while Dynamos revert to 12th on 35 points but with a better goal difference to surivive the drop.

Bank of Zambia Governor supports 66% ZESCO electricity hike

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Bank of Zambia Governor Dr. Caleb Fundanga
Bank of Zambia Governor Dr. Caleb Fundanga

Bank of Zambia (BoZ) Governor, Caleb Fundanga has supported the proposal by the Zambia Electricity Supply Corporation (ZESCO) to increase electricity tariffs to up to 66 per cent by next month.

Dr. Fundanga said for the energy and electricity sector to attract significant investment, there was need to raise tariffs.

He said increasing tariffs would allow the expansion of electricity generation in the country, as it would attract private investment.

He explained that the proposal to increase tariffs by 66 per cent was one step towards exploiting the vast potential that Zambia has in electricity generation and make the sector profitable.

Dr. Fundanga further said, once Zambia increases electricity generation, she would export to South Africa, Namibia, Botswana and East Africa which have serious electricity deficits.

“If we do not increase the electricity tariffs, then forget about private investment in this sector,” he said.

ENDS/KSH/PK/ZANIS