Wednesday, April 30, 2025
Home Blog Page 81

Vedanta Resources Holdings Limited Confirms $245.75 Million Disbursement to Konkola Copper Mines

7

Vedanta Resources Holdings Limited (VRHL) has confirmed the successful disbursement of $245.75 million to Konkola Copper Mines (KCM) bank account in Zambia. This funding, sourced internally within the Vedanta group, marks a significant step in revitalizing KCM’s operations.

The transfer of $245.75 million from the VRHL Escrow account to KCM’s bank account in Zambia has been completed.
Vedanta will allocate funds from KCM to creditors and employees in accordance with the Scheme of Arrangement and Agreement.
This process will commence following the imminent reinstatement of the KCM Board of Directors to ensure timely and orderly payments.

Masuzyo Ndhlovu, Director of Corporate Communications, issued a press release confirming these developments. Additionally, Vedanta Resources Holdings Limited announced the reinstatement of the KCM Board of Directors, marking the return of full management control to Vedanta. This reinstatement is the necessary first step for Vedanta to ramp up production and work towards unlocking KCM’s full potential.

With these strategic moves, Vedanta aims to restore stability and enhance the operational efficiency of Konkola Copper Mines, signaling a positive trajectory for the company’s future.

Former Lusaka Province Minister Bowman Lusambo Found With A Case To Answer

The Economic and Financial Crimes Court has today found Former Lusaka Province Minister, Bowman Lusambo, with a case to answer in a matter he is facing two counts of possession of property suspected of being proceeds of crime.

It is alleged that between May 1, 2015 and December 31, 2021, Lusambo jointly and whilst acting together with other persons unknown, did possess property number F/609/E/44/B/9 comprising of a single story four-bedroom house and a guest wing located in Chamba Valley in Lusaka, property reasonably suspected of being proceeds of crime.

Chief Resident Magistrate Davis Chibwili has since placed Lusambo on his defence and the matter is scheduled to come up on August 16, 2024 for a pre-defence conference.

Yesterday, the Economic and Financial Crimes Court also found Bowman Lusambo and his wife Nancy Manase with a case to answer in a matter in which Lusambo is facing five (5) counts of Possessing Property Suspected to be Proceeds of Crime.

The cases are; one (1) count of Corrupt Acquisition of Public Property, three (3) counts of Tax Evasion and one count of Conspiracy to Defraud contrary to the laws of Zambia.

Further, Mr Lusambo is jointly charged with his wife Nancy for possessing four (4) houses in Silverest Gardens, Chongwe which are suspected to be proceeds of crime.

Lusaka Magistrate Faides Haamaundu found Lusambo and his wife, with a case to answer and placed them on defence.

The Anti-Corruption Commission (ACC) in 2022 seized properties worth over K22 million belonging to former Lusaka Province Minister Bowman Lusambo, property suspected to be proceeds of crime.

This is contained in a press release issued to the media in Lusaka by Anti-Corruption Commission (ACC) Head Corporate Communications, Timothy Moono.

Patrick Chinyemba Rekindles Zambia’s Medal Hopes in Boxing at Paris 2024 Olympics

1

PARIS, FRANCE – In a thrilling display of skill and determination, Patrick Chinyemba has reignited Zambia’s aspirations for a boxing medal at the 2024 Paris Olympic Games. Chinyemba secured a convincing 4-1 points victory over Amit Amit of India, booking his spot in the quarterfinals of the Men’s 51 kg weight division.

This win brings Chinyemba tantalizingly close to the medal bracket, with just one more victory needed to secure a place on the podium. The bout was a particularly sweet triumph for Chinyemba, who avenged his controversial loss to Amit at the 2022 Commonwealth Semifinal.

The match started explosively, with both boxers exchanging blows in a high-energy first round. However, Chinyemba, a three-time African flyweight champion, showcased his dominance in the second and third rounds, securing a split points decision in his favor.

Speaking to ZNBC Sport News, an elated Chinyemba expressed his happiness at delivering Zambia’s first win at the 2024 Olympics. With his sights now set firmly on winning a gold medal, he emphasized his focus and determination heading into the next match.

Chinyemba’s next opponent in the quest for a semifinal berth is David De Pina of Cape Verde. The crucial bout is scheduled for August 2, 2024, at 21:04 hours, taking place at the North Paris Arena.

Zambians will undoubtedly be rallying behind Chinyemba as he continues his journey towards Olympic glory.

If ACC Cannot Fight Corruption ,They Must At Least Be Whistleblowers

By Misheck Kakonde

If Mr. Hichilema and officers appointed at the Anti-Corruption Commission are dedicated to fighting corruption, the battle against corruption must be steadfast and impartial. The Anti-Corruption Commission (ACC) of Zambia is central to this fight. However, recent actions and inactions by the ACC have raised serious concerns about the consistency and effectiveness of their efforts, especially regarding high-profile figures. If the ACC cannot actively investigate corruption and give names to the public on ministers being investigated, out of patriotism, they must work as whistleblowers by sending the names of the corrupt ministers to investigative journalists, ensuring that those implicated are brought to public attention by credible institutions.

Transparency and accountability justice is founded on the principle of equality before the law. Recent events have seen the public disclosure of the mayor of Livingstone under investigation for corruption. While transparency at all government levels is essential, it is equally critical to uphold this standard consistently. Why would ACC hide the names of ministers under investigation for corruption? In whose interest is the ACC committing such acts of incompetence? The ACC must know that their inconsistency undermines public trust in the ACC and perpetuates a narrative of inequality and preferential treatment for certain individuals because of the positions they hold.

Therefore, the ministers involved in corruption investigations must be named and held accountable just like any other Zambian citizen. The idea that ministers are beyond reproach sets a dangerous precedent, eroding the very foundation of democratic governance. By withholding their names, the ACC inadvertently suggests that these individuals are above the law, which contradicts the principles of justice and equality. The public deserves to know who among their leaders is being scrutinized for corrupt practices so that in 2026 voters do not again vote for the said ministers or any criminal aiding them in vices that make Zambia less developed.

If the ACC is constrained by political or other pressures under UPND, it should pivot towards becoming an effective whistleblower. By discreetly passing the names of ministers involved in corruption to reputable institutions such as investigative journalists, non-governmental organizations, or international bodies, the ACC can ensure that these cases are brought to light. These institutions can then produce detailed reports and maintain public pressure, ensuring these cases are not forgotten or swept under the rug, fostering a culture of accountability and aiding in future investigations. Additionally, it acts as a deterrent for others in positions of power who might contemplate engaging in corrupt activities, knowing they cannot rely on anonymity or preferential treatment. The principle of equality before the law is enshrined in many legal frameworks worldwide, including Zambia’s.

Ministers, like any other citizens, must be subject to the same legal standards and processes. This not only reinforces the integrity of the legal system but also strengthens public trust in government institutions. If ordinary citizens are named and shamed for their misdemeanors, the same must apply to those in the highest echelons of power. President Hakainde Hichilema must act as Head of State in an honorable manner and fire those involved in corruption. He must know the difference between firing and transferring. To transfer people involved in corruption is transferring grand corruption to new ministries or government departments. The president has an insatiable appetite for transferring people involved in corruption; for example, various scandals have been under the Ministry of Health. For example, the Road Development Agency (RDA) misconduct, where key officials within the RDA were involved in the embezzlement and irregular awarding of contracts. The outcome is that some senior officials were reassigned to other roles instead of facing immediate termination or legal action. The details and results of the investigations have not been fully disclosed or resolved.

There is also documented evidence where the Kabwata Member of Parliament Andrew Tayengwa says “as UPND they have employed about 35,000 apologists of UPND.” A country cannot develop if people are employed because they belong to UPND or any party in government. Additionally, such behavior or acts bring about bad service delivery because some people employed only have a birth certificate and not qualifications for the jobs they are employed under. There are many graduates with qualifications out there, and UPND is employing only its members. Also, the current ACC director must be sent on leave and be investigated in accordance with rules of justice and fairness, against the allegations against him by one of the former ACC commissioners, Dr. Kaaba. All these are issues Mr. Hichilema must act on and not just address after address that yields nothing in the press media. A president should not fear ministers because it undermines leadership and accountability, allowing corruption to flourish unchecked. Strong leadership ensures that all officials are held to the same standards, reinforcing trust in governance.

Additionally, there are ZESCO irregularities where top executives within ZESCO were under allegations of nepotism, corrupt procurement processes, and financial mismanagement. The outcome is that certain executives were moved to different departments or roles within government entities, and comprehensive investigations did not lead to significant publicized conclusions or accountability measures. President Hakainde must know that the transfer of officials instead of outright firing them or ensuring thorough investigations creates an environment where corruption allegations do not receive the full legal scrutiny they deserve. This bad leadership approach often results in stalled investigations leading to cases dying a “natural death.” Also, transferred officials might continue engaging in corrupt activities in their new positions, perpetuating a cycle of corruption across various sectors.

To effectively combat corruption, it is crucial that allegations of corruption are followed through with thorough and transparent investigations, regardless of the individual’s position or influence. The outcomes of investigations should be made public to ensure transparency and restore public trust. Officials found guilty of corrupt practices must face appropriate legal consequences rather than simply being reassigned to other roles.

The author is a legal scholar and comparative politics specialist.

Setting the Stage for the Next Phase in the US-Africa Trade and Investment Partnership

1

By Albert M.Muchanga

We are three years into the start of trading under the African Continental Free Trade Area. This is a major lever for the productive transformation of Africa. It is opening up investments in many sectors, including the development of regional, continental, and global value chains.

We also have the Lobito Corridor encompassing Angola, DRC, and Zambia. The Corridor is opening up inter-country transport, communication, and energy connections, in addition to the development of agriculture and mining.

Furthermore, we have complementary platforms to this marketplace, some of which have started operating. I will sample a few.

In the area of trade information, we have the African Trade Observatory and the Intra-African Trade Fair, both of which are already operating. The Intra-African Trade Fair has, since 2018, generated around US$118 billion in business-to-business transactions.

In the sector of investment and finance, we have the Pan African Payment and Settlement System, which is facilitating payments in national currencies in intra-African trade, with net settlements in foreign exchange. We also have the African Exchanges Linkage Project, rolled out in 2022, which initially connects seven stock exchanges across 14 African countries. In this way, it is contributing to integrating Africa’s capital markets by facilitating cross-border securities trading.

This is the first step toward the establishment of the Pan African Stock Exchange. Furthermore, we have the African Virtual Investment Platform, which will be rolled out by the end of this year, with the key tasks of removing investment barriers and consequently de-risking the African investment market.

Through the African Development Bank, in which the US is among the shareholders, we have the Investment Forum, which has, since 2018, generated US$180 billion in investment interest. In the sector of quality infrastructure, we have the Made in Africa Guide, which will be rolled out in November this year. The Made in Africa Guide will assure innovation and quality, as well as the removal of technical barriers to intra-African trade.

In the sector of education, we are working on an African Continental Qualification Framework. From a business perspective, we see stronger harmonization of qualification frameworks and skill accreditation programs across Africa as being foundational for labor market integration as we move towards creating a single African market, starting with the African Continental Free Trade Area. This is because comparable qualification frameworks are key building blocks of labor market integration. On the other hand, their absence ushers in non-tariff barriers in the labor sector, which contribute to lower levels of intra-African trade in services, general productivity, and economic integration.

A key development in the health sector is the establishment of the African Medicines Agency, which will, among others, facilitate regulatory harmonization. This is critical to attracting investments in our pharmaceutical industry as well as promoting intra-African trade in this sector.

In the sector of mining, we have the Africa Green Minerals Strategy. Through it, we will contribute, among others, to the production of green energy. With this, Africa is signaling that her people are committed to the green transition, although we are among the least contributors to climate change.

In the sector of transport, we have the Single African Air Transport Market, which will, once operational, facilitate cost-effective air connectivity, efficiency, and price competitiveness, and, among others, the development of tourism.

In the sector of trade policy, a readiness assessment towards an African Customs Union/Common Market has been completed. The results of the study show that it is feasible to move towards this level of deeper economic integration and market consolidation, the next step towards creating a single African market in goods and services.

In the sector of global economic governance, the African Union is now a permanent member of the Group of 20. We thank the US Administration for the strong support to Africa to be a member of the G20. This is the ‘premier forum for international economic cooperation’ aimed at achieving stable and sustainable global growth.

I will end the sampling by talking about the collaborative framework for the private sector. We have the African Business Council, which networks with business organizations around the continent and uses this network to dialogue with African policymakers on how to improve the business climate in Africa.

It is against the background of this sample of market opening and consolidation initiatives that I reiterate my call to American businesses to invest in the African Continental Free Trade Area marketplace. By doing so, you will have duty-free access across Africa, a continent with a population of 1.4 billion people and growing. We must add to this the vast reserves of virgin agricultural land and natural resources. Investing in the African Continental Free Trade Area also opens up opportunities for US businesses to export to the USA, using preferences in AGOA, and, in the process, contributing to deeper trade and investment ties between Africa and the USA. In this respect, we look forward to early and long-term authorization of AGOA.

The author is the Commissioner for Trade and Industry of the African Union Commission.

Laughing President Kamala Harris

16
kamala harris
US Vice President Kamala Harris interacts with a farm worker

By Mwizenge S. Tembo, Ph. D.

Emeritus Professor of Sociology

I walked into the house. The TV was on. I saw the huge red “Breaking News” letters with the loud sound effect. The announcer said: “President Biden has just dropped out of the 2024 Presidential election”. I slowly sat down on the edge of my couch shaking my head in disbelief. This was Sunday July 21st 2024. My watch said 2:15pm. I was stunned.

It was exactly three weeks since the June 27th President Biden debate debacle in which he had performed so poorly. He had been defying his Democrat Party calls for him to step down. After Biden had released to the media the letter of his decision to drop out of the 2024 campaign, barely twenty minutes later he released another message that he was endorsing Vice-President Kamala Harris as the Democrat Presidential candidate. It was as if the election campaign and Biden’s announcement was a huge pile of wood and grass on which he had poured some gasoline. His announcement that he was endorsing Vice-President Kamala Harris as candidate was lighting a match that he tossed on the pile.

The news cycles were on fire as TV anchors were breathlessly reporting the latest development. Act/Blue election arm campaigns for Democrats raised 30 million dollars in just 2 hours. On that Sunday alone they raised 50 million dollars from small donors. 44,000 black women met on zoom to raise campaign funds. 40,000 black men met on line later in the week to raise campaign funds for Kamala Harris. Over 100,000 white women met on zoom to raise campaign funds for Kamala Harris. During this second week, thousands of white men will meet on zoom to do fundraising. Over a week later, the huge fires of enthusiasm for the political campaign excitement for Harris are spreading all over the country.

During Harris’s tenure as Vice-President over the last three and half years, she gave many public speeches and interviews. Often, she laughed. In one of the numerous speeches she made references to falling from a coconut tree. Trump, Fox News, Republicans, and the right-wing ecosystem did not like her laughing. They wanted to use the laughter video clips as a political weapon to embarrass and to humiliate her. They were portraying her as a laughing clown who could not be taken seriously. This has totally back fired for Trump, Fox News, and the Republicans. I absolutely love her laughter as a refreshing change. This country needs more laughter among its citizens and especially leaders.

Millennials are the American population that is between 28 to 43 years old. Generation Z are between 12 and 27 years. Memes about Harris’ candidacy immediately organically exploded on the internet. The memes included coconuts and Kamala is Brat. Millennials and Generation Z constitute 93.39% of the population and 166 million Americans under the age of 40 make up 50.7% of the population. If this enthusiasm among the new young people translates into voting, the young people will save our democracy. Harris is promising an optimistic message rejecting our past 8 years of political divisiveness and hate and instead to look to a better and brighter future of love, prosperity, and return to human dignity.

What has been revealed during the last 8 days is that America may be the luckiest, most resilient and blessed nation on this earth. President Lincoln saved the Union through the Civil War of the 1860s that killed six hundred thousand people. Jim Crow was defeated with the Civil Right Acts of the 1960s. If President Biden and the Democrats had lost in the November elections, the nation was going to end as it was sure to degenerate into an authoritarian state as Project 2025 was going to be implemented. One cannot say that anymore. There is hope.

The hope is that all citizens of the red and blue states, peace and prosperity loving Americans of all police departments, workers, churches, college students, democrats, and what is left of the non-maga Republicans, those who hate the principles of Project 25, will all vote for Kamala Harris and the Democrats. We will be saving democracy, women’s reproductive freedoms and voting for freedom writ large.

IBA Offices Declared Crime Scene Following Director General’s Killing

41

The offices of the Independent Broadcasting Authority (IBA) have been cordoned off and declared a crime scene following the tragic killing of its former Director General, Guntilla Muleya. The Ministry of Information and Media Permanent Secretary, Thabo Kawana, confirmed that police are guarding the premises around the clock to ensure the integrity of the investigation.

Speaking at the Mass Media Complex in Lusaka, Mr. Kawana addressed IBA workers, emphasizing the importance of their cooperation with police and other investigative wings. He announced that IBA employees will not be permitted to use their offices until further notice and will temporarily operate from the ZNBC Cinema Hall.

“The safety and cooperation of IBA employees are paramount during this period,” said Mr. Kawana. “Staff members should be prepared to assist investigative officers and may need to access their offices as required by the investigation.”

Key instructions for IBA staff during the investigation include:

  • Cooperation with Authorities: Employees are urged to fully cooperate with police and investigative wings.
  • Temporary Work Location: Staff will work from the Mass Media Theatre Hall until further notice.
  • Accessibility: Employees should be reachable by phone 24/7.
  • Access to Offices: Some staff may be asked to enter their offices as needed, under the direction of investigative officers.

Mr. Kawana also urged the public to refrain from spreading false information about the incident, emphasizing that the situation has left the nation in shock and fear. He assured that both the Ministry and the police will provide daily updates to prevent misinformation.

“The investigation is progressing well,” Mr. Kawana added. “Regular updates will be provided by the police and the Ministry of Information and Media to keep the nation informed.”

The nation remains on edge as investigations continue into the circumstances surrounding Mr. Muleya’s death.

The pathology of power in Zambia: How citizens can reclaim their clout

15

Just as minibus taxi passengers allow themselves to be bullied by the driver and his minion, citizens allow themselves to be dominated by a villainous minority

By Sishuwa Sishuwa

Growing up in Zambia, I often traveled by minibus, the main mode of public transport. I was always amazed at — and quite ashamed about doing nothing about it — the way the conductor, the “call boy” in common parlance, would collaborate with the driver to terrorize an entire busload of adults. The two villains had the power of monarchs over everybody at the minibus stations and in the buses.

The situation was worse during the rush hour when workers were either going to or returning from work. With buses in short supply, people struggled to get into whatever moveable assemblage of machinery passed for a vehicle. The historical humiliation suffered by many Zambians at the hands of minibus drivers and call boys would make for a good PhD study!

The question that bothered me then, and still does now, is how does it come to pass that physically fit and mentally sound adults would cower before a young, scruffy call boy simply because of his official role? As for women and girls, the abuse that was heaped upon them by this breed of lower-end workers was simply abominable.

Occasionally, a passenger would rant against either the driver or the conductor. But they were the exception rather than the rule. Typically, the passengers cowered before those two — the driver and his conductor were the lords of the bus.

Today, as an adult, I have, I think, acquired some measure of understanding of why and how many people chose to be abused and intimidated by minibus drivers and their conductors. It is due to the simple fact that each person got onto the minibus as an individual — one who could never be sure of the solidarity of the other passengers in the event of a tussle with the driver and conductor.

On the other hand, the conductor could almost always be sure of the full support of the driver. He knew very well that the driver could easily offload any passenger who refused to do his bidding. He knew too that whatever extra money he made by overloading the bus would be split between the two of them, with the driver getting the lion’s share, of course.

However, the passengers — who were many and had more money between them than the driver and his conductor — because they had boarded the minibus as individuals, and did not care to gang up against the driver and conductor, ended up with no power over them. Thus, it came to pass that those two individuals, the minibus driver and his call boy, oppressed and abused the majority, who collectively had more financial and other clout than them, precisely because the two acted as a team.

Over time, the drivers and their call boys came to regard themselves as having power over their passengers, and passengers came to accept their lot as individuals pleading for a seat in a minibus administered by the pair. And no one would question this strange, lopsided and quite false distribution of power.

In fact, passengers would support the driver and his callboy in the abuse and oppression of fellow passengers by aiding in instructing others to squeeze themselves into horribly uncomfortable positions as the minibus was packed beyond the legal limit. This usually happened when someone was late and would selfishly force other passengers to “move” so that they too could board the overloaded bus.

In the minibus industry, the real power (money) is in the hands of passengers. If all potential passengers decided not to board minibuses, the industry would collapse. The minibuses move around and make money only because there are people who decide to use them as a means of transport. Inside the minibus, real social power is in the hands of the passengers — as a collective, not as individuals.

Passengers in any fully occupied minibus, acting in unison, could easily control the driver and his callboy. They have, when they choose to act as a collective, more physical, psychological and cultural power over the driver and the call boy than the pair have over them.

It is the passengers’ lack of awareness of their superiority, in both monetary and physical terms, and unwillingness to act as a collective, that produces this illusion of the superiority and power of the driver and call boy. The pair suffer from a mental and spiritual disease occasioned by a false sense of power. They have no real power over the passengers. It is the passengers who, unwittingly, have transferred their collective power to these two villains.

It is not too difficult to see how similar laws operate when one considers the situation in many countries today. Let us, for a moment, imagine Zambia as a minibus. Our money would be the vote. The minibus driver would be the president. The call boy would be the political party in power. The passengers are the citizens of Zambia.

When we choose to travel in any minibus, we actually decide at that moment to be “citizens” of that bus, and to “vote” for that bus’s driver to be our “president”, for the time that we are traveling to our destination. The call boy of the minibus we choose to travel in is the “political party” that organizes us inside the bus as “citizens”.

The driver and call boy are on their best persuasive behavior when they are seeking passengers (votes). As soon as the minibus is full, the balance of power shifts. If we choose to act as individuals inside the minibus (our country), the political party in power (the call boy) and the president (the driver) will abuse and oppress us all at will.

In fact, if we allow the callboy (political party) to overload (extreme oppression) the minibus (country), it might crash (conflict or civil war) and many could die, including the driver and his call boy (president and his party)!

Inside the bus, just like inside our country, what keeps the majority of people, who have the real power, in their condition of powerlessness, abuse and oppression by a villainous minority is their inability to act as a collective, in solidarity with each other.

Thus, the pathology of power is perpetuated — those who actually have no power act and live as if they do have it and those who have real power act and behave as if they are powerless. Oppression and abuse are sustained by this perverse, inverted logic.

Of course, vast protective trenches are dug by those who pretend to have power when, in reality, they are the powerless ones: they exploit the media; invoke culture and tradition; call upon the gods and generally weave a complex false consciousness of power.

These powerless people create titles and big labels for themselves — Majesties, Excellencies, Lords, Honourable this or that etc — in their effort to hoodwink the masses, in whom real economic and political power resides, into being obedient to them.

They manufacture a language and a manner which conveys this sense of false power. And precisely because those with real power — the masses — continue to act, by and large, as individuals, these villains continue to lord it over them.

Besides the family, schools, churches, prisons and hospitals, there are the police, army, intelligence establishment and all sorts of other institutions to enforce this false power over those who actually wield the power in society.

To claim the right to use this infrastructure of force in society, these powerless people need a “constitution” to spell out why, how and when they can use force to compel those with real power to behave as the powerless wish. For example, in the minibus, there is a silent, unwritten constitution which distributes “power” between the driver and his call boy and the passengers. Of course, the first article of this constitution is that you should never enter the minibus if you have no money to pay for the ride.

How, then, can the passengers liberate themselves from the abuse and oppression they receive at the hands of the driver and his call boy? As in any country, the first step is to understand where actual power resides — in the driver and his call boy or the passengers? The obvious answer is in the passengers.

The second step is to grow this awareness of power among the passengers and to mobilize solidarity among them. The third and final step is the need for the passengers to cast away the fear of the oppressive and abusive villainous minority.

When these three conditions are met — knowledge of where real power lies, mobilization of solidarity, and casting away the veil of fear of the oppressors — then, and only then, the liberation of the oppressed can take place. At this point, the abused and oppressed are ready to reclaim their power from the villains.

And, at this point, a completely new Constitution can be written — one which transfers power to its rightful owners — the citizens.

In Zambia today, most of us appear to be content to be abused and oppressed by a tiny minority. As long as this situation continues, we are not ready to reclaim our power from the villains.

Budget Bosses: A Young Person’s Guide to Money

Managing money might seem like a distant concern for us as young people, but becoming a Budget Boss now can set you up for a financially stable future. Imagine feeling confident about your finances instead of stressed. With a few smart moves, you can take control of your money and make it work for you.

The first step in being a Budget Boss is understanding where your money comes from and where it goes. Track every kwacha you earn and spend. It might sound tedious, but it’s essential. Use apps like Zoona or MobiCash, or a simple notebook to jot down your expenses. You’d be surprised how quickly small purchases add up. Those daily treats from your favourite Lusaka restaurant or impulse buys at Eastpark mall can drain your wallet faster than you think.

Once you’ve tracked your spending for a month, it’s time to create a budget. A budget is simply a plan for your money. List your income at the top and subtract your essential expenses like food, transportation, and any bills you might have. The money left over is what you can save and spend on non-essentials. Having a budget helps you see where you can cut back and where you might have room to splurge a little.

Speaking of saving, this is a crucial habit to develop. Aim to save at least 20% of your income. It might seem like a lot, but even small amounts add up over time. Open a savings account with a local bank like Zanaco or Stanbic and set up automatic transfers so you don’t even miss the money. Watching your savings grow can be incredibly satisfying and will give you a safety net for unexpected expenses or future plans.

Now, let’s talk about spending wisely. It’s easy to get caught up in the latest trends or gadgets, but ask yourself if you really need them. Prioritise spending on experiences rather than materialistic objects. Memories of a fun trip with friends will last longer than the excitement of a new phone. Plus, experiences often cost less and can be more rewarding.
Credit cards are another area where you need to be cautious. They can be useful for building credit and making purchases, but only if used responsibly. Avoid carrying a balance from month to month. Pay off your bill in full to avoid interest charges. Remember, credit card debt can spiral out of control quickly, so treat your card like cash. If you don’t have the money to pay for something, don’t put it on your card.

Investing is another smart way to grow your money. It might sound intimidating, but you don’t need to be a financial wizard to start. Look into low-cost index funds or apps that make investing simple. The earlier you start, the more time your money has to grow. Even small investments can yield significant returns over the years. Educate yourself about the basics of investing and take advantage of resources available to young investors.

One of the most overlooked aspects of managing money is understanding your financial goals. What do you want to achieve in the next few years? Do you want to travel, buy a car, or save for university? Having clear goals will motivate you to stick to your budget and save more effectively. Write down your goals and review them regularly. This will keep you focused and on track.
It’s also important to build an emergency fund. Life is unpredictable, and having a cushion can help you avoid financial stress when unexpected expenses arise. Aim to save at least three to six months’ worth of living expenses. This might take time, but it’s worth the peace of mind knowing you have a financial buffer.

Finally, don’t be afraid to seek advice. Talk to parents, teachers, or financial advisors about your money questions. There are also countless books, blogs, and podcasts that offer valuable tips and insights. Learning from others’ experiences can help you avoid common pitfalls and make informed decisions.

Being a Budget Boss isn’t about being perfect; it’s about being mindful of your money and making smart choices. Start small, stay consistent, and watch your financial confidence grow. By taking control of your finances now, you’re setting the stage for a future full of possibilities. So, take that first step today. Track your spending, create a budget, and start saving. Your future self will thank you!

By Anushka Yadav

President Hichilema Aids Families Of Deceased Macro Link Workers

President Hakainde Hichilema has given about K100,000 thousand to five families of the workers who were trapped and died at Macro Link Mines Limited in Ndola District on the Copperbelt Province.

Copperbelt Province Minister Elisha Matambo confirmed in a statement that the money has been given to the five family members of the deceased to cushion the burden that occurred as a result of the loss of their beloved ones.

Mr Matambo disclosed when family members of the deceased together with management from Microlink met him at his office in Ndola District that they will also be given their last money by workers Compensation Fund Control Board as outlined in the laws.

He pointed out that earlier the deceased relatives had received about K5000 kwacha each from the Workers Compensation Fund Control Board to cater for funeral arrangements.

The Minister has since thanked Macro Link Mines Limited for also paying the five families the agreed amount as compensation for the loss of their beloved ones.

John Musanshinko, a father to one of the deceased, appreciated both the government and Macro Link Mines Limited for handling the matter to the expectation of all affected family members.

Nine die in Stampede at DR Congo gospel concert

3

At least nine people died and others were injured at a live concert in the Democratic Republic of Congo on Saturday, the country’s health minister has said.

Gospel singer and Pastor Mike Kalambay was performing at the 80,000-seater Martyrs Stadium in the capital, Kinshasa, but photos taken at the event show scenes of overcrowding.

A 10-year-old child is among those who died, according to local media.

The governor of Kinshasa, Daniel Bumba, has released a statement blaming “excesses and crowd movements” for the disaster.

DR Congo’s justice minister has ordered an investigation, and the questioning of the police officers who were present at the time and the event organiser Maajabu Gospel.

In a statement released after Saturday’s concert, Maajabu Gospel said it was deeply saddened to learn of the deaths. It blamed “troublemakers”, and said there were 2,000 police officers at the event who had tried to pacify them.

The organisers also insisted there were about 30,000 people at the concert – much less than the venue’s maximum capacity.

The stadium, which is a major landmark and said to be one of the biggest in Africa, is now closed until further notice.

It regularly plays host to some of the biggest names in music, various football matches, and was also the venue for President Félix Tshisekedi’s swearing-in ceremony.

Following Saturday’s chaos, Kinshasa city authorities have asked police to strengthen security measures and told event organisers to adhere to safety regulations.

Incidents like these are not uncommon at large-scale events in DR Congo.

In 2022, a stadium crush at the same venue during a concert by Congolese star Fally Ipupa left 11 people dead.

Source:BBC

2024 Olympics: Zambia loses to Australia in an 11-Goal Thriller Match

A third Barbra Banda Olympic hat-trick wasn’t enough for Zambia as Australia came from behind to win an almost unbelievable 11-goal thriller in Nice on Sunday night.

Both sides came into this game knowing only a win would do, having both lost their opening games 3-0 to Germany and the United States respectively. It was a match that had the world glued the pitch and on the edge of their seats for the full 90 minutes but it ended in heartbreak for Zambia despite their magnificent efforts.

Banda takes control for Zambia

Banda got the scoring underway inside a minute in stunning fashion. Taking Racheal Nachula’s pass into her stride, the Orlando Pride forward turned Clare Hunt and unleashed a long range scorcher that gave Mackenzie Arnold no chance.

With seven minutes gone, Australia pulled it level thanks to an Alanna Kennedy header. The Matildas’ defender timed her run into the box to perfection to convert Steph Catley’s inviting free-kick. After a frenetic opening, the game settled down as both sides traded chances.

In the 21st minute, however, Zambia retook the lead and chaos ensued. Rachel Kundanandji was quickest to react to a poor touch from Emily van Egmond in midfield. Nipping in to take the ball, she drove through the heart of the Australia defence and coolly slotted home from a narrow angle.

The Copper Queens extended their lead in the 33rd minute through Banda’s second of the evening. Esther Siamfuko’s free-kick on the byline was punched away by Arnold, but only as far as Banda, whose shot whistled home between Clare Hunt and Katrina Gorry.

Less than a minute later, Australia were back in it when Kyra Cooney-Cross’ corner was misread by goalkeeper Ngambo Musole. Hayley Raso made no mistake to head home at the back post. That made it 3-2 to Zambia in case you’d lost count.

Banda finished the half as she started, by scoring to put her country 4-2 ahead. There was a touch of fortune about this one as the ball cannoned in off her from Van Egmond’s attempted clearance from Lushomo Mveemba’s ball into the box.

However, for the incredible Banda, it was a third Olympic hat-trick to add to those she scored against the Netherlands and China in Tokyo.

Australia turn the tables in the second half

Straight from the kick-off, Kabange Mupopo let rip with a fierce drive which Arnold did well to parry. Luck wasn’t on Banda’s side this time and she couldn’t adjust her feet quick enough to tap home.

The two most expensive women’s players in the world combined with 10 minutes played. Banda won her side a free-kick, which she took, playing a perfect pass into the path of Kundanandji. The Bay FC forward didn’t have to break stride to head Zambia into a scarcely believable 5-2 lead.

Matildas coach Tony Gustavsson reacted by making a triple change, bringing in Kaitlyn Torpey, Clare Wheeler and MIchelle Heyman. Two of those — Wheeler and Heyman — were involved as Australia hit back instantly.

Wheeler laid the ball out to Foord on the right. Her high cross came back off the far post and fell into the path of Mary Fowler, who squared the ball for Heyman. The Canberra United legend backheeled the ball towards goal. Mveemba tried to clear off the line, but could only hit the back of the stranded Musole to make it 5-3.

After having what looked to be a fourth goal disallowed, the Tillies did get another on the scoresheet to pile the pressure on Zambia. A Catley free-kick from 25 yards out went through the Zambian goalkeeper’s hands, leaving her crestfallen.

Australia complete the comeback in Paris
From there, Australia threw caution to the wind, desperately searching for the goals to keep their Olympic dream alive. With 13 minutes to play, the lifeline they were be looking for arrived. Foord was fouled in the box by Esther Muchinga and after a VAR review, a penalty was awarded. Catley made no mistake, sending the ball past the despairing dive of Musole for her second of the night. That made the scoreline a quite ridiculous 5-5. And things weren’t done yet.

Kundanandji and Heyman both passed up good chances to grab a sixth for their sides as the madness continued. And then, with 90 minutes on the clock, came the final twist in a tale that will go down in Olympic lore. Cooney-Cross showed great strength to win the ball from Banda deep in her own half. Moving the ball forward, Catley picked it up in the centre circle before playing a slide-rule pass through for Heyman.

The 36-year old made no mistake, beating the offside trap to curl the ball home and make it 6-5 to Australia and cap off the most remarkable game you’re ever likely to see.

Source: Her Football Hub

FAZ Confirms CAS Verdict

Following the ruling by the International Court for Sports Arbitration (CAS) on the case involving former Chipolopolo coach Aljosa Asanovic, the Football Association of Zambia wishes to confirm that it has been served with the final verdict.

FAZ General Secretary Reuben Kamanga says the appeal by FAZ of the verdict by the single judge has failed.

“We wish to confirm that we are in receipt of the verdict by the International Court for Sports Arbitration (CAS) which has upheld the decision by the single judge to award former coach Aljosa Asanovic for unlawful dismissal,” says Kamanga.

“The reason for the dismissal of our appeal have not yet been shared but will be availed in due course and will determine our next course of action.”

Kamanga adds: “In the meantime, FIFA will restrict the development funds FAZ is entitled to until the same is fully satisfied.”

FAZ appointed Asanovic on 18 January 2022, but the Croatian announced that he had unilaterally terminated his contract with Zambia on September 22, 2022.

Asanovic abandoned his post in the aftermath of Zambia, losing 1-0 at home to Mozambique to be dumped out of the African Nations Championship campaign.

For and on behalf of:
FOOTBALL ASSOCIATION OF ZAMBIA
Sydney Mungala
COMMUNICATIONS MANAGER

Message For Today:In the Fire

Today’s Scripture

“Look!” he answered, “I see four men loose, walking in the midst of the fire; and they are not hurt, and the form of the fourth is like the Son of God.”
Daniel 3:25, NKJV

In the Fire

Friend, in Daniel 3, when three Hebrew teenagers were thrown into the fiery furnace because they wouldn’t bow to King Nebuchadnezzar’s golden idol, not only did they survive without being harmed, but their enemies saw a fourth man, one “like the Son of God,” with them. What’s interesting is that the teenagers couldn’t see the fourth man. When you’re in the fire, in the adversity, you may not see what God is doing. You don’t think anything is changing or improving. But you can be sure the fourth man is in there with you. The beauty of our God is that He never lets you go in the fire alone.

Meanwhile, the king was stunned. He had the teenagers brought out and decreed that no one in the nation speak against the God of Shadrach, Meshach, and Abednego. Sometimes God lets you go through the fire so other people will see the hand of God on your life. They’ll see that the cancer or the bad break or the betrayal couldn’t take you out. They’ll see God’s power displayed through you and be changed.

A Prayer for Today

“Father, thank You that when I am overwhelmed with challenges, You will show out with Your power so others will know that You are God. Thank You that You are with me in the fire whether I can see You or not. I believe that You will display Your power through me today. In Jesus’ Name, Amen.”

Health Minister Elijah Muchima Confirms Adequate Medicine Stocks at UTHs and ZAMMSA

11

Health Minister Elijah Muchima conducted an extensive tour of the University Teaching Hospitals (UTHs) and the Zambia Medicines and Medical Supplies Agency (ZAMMSA) to assess stock availability and compliance levels. Contrary to reports suggesting shortages, Dr. Muchima expressed satisfaction with the ample stocks of essential medicines and medical supplies at both institutions.

Dr. Muchima assured that the Ministry of Health will expedite the distribution of these essential medicines and supplies to health facilities nationwide, including hard-to-reach areas. His visit aimed to reassure the public and address concerns about medicine shortages.

Over 50 containers of medicine have been transported from the J and J warehouse to ZAMMSA. Dr. Muchima emphasized that funds are being mobilized to ensure that ZAMMSA can effectively distribute these medicines and supplies across the country.

During his tour of ZAMMSA offices and warehouse in Lusaka, Dr. Muchima expressed contentment with the progress of the new oxygen plant at UTHs. He was briefed by Senior Medical Superintendent Dr. John Kachimba, who highlighted the need for adequate oxygen facilities, especially in light of challenges faced during the COVID-19 outbreak.

At the same meeting, Ministry of Health Permanent Secretary for Technical Services, Dr. Kennedy Lishimpi, urged UTH management to ensure that patients receive medicines that are in stock. This statement came in response to the Health Minister’s concern that patients were being directed to private pharmacies for medications that should be available in public health facilities.

Additionally, Dr. Muchima addressed journalists about the ongoing investigation into allegations of expired drugs and assured the timely distribution of medicines to areas in need. He emphasized that he will not tolerate any wastage of medicines under his watch.

Dr. Muchima also held a closed-door meeting with ZAMMSA’s top management to discuss critical issues affecting the Ministry of Health. He was accompanied by Health Permanent Secretaries and other top government officials, along with members of the media.

The Health Minister’s tour and subsequent actions underscore the government’s commitment to ensuring that all Zambians have access to necessary medical supplies and healthcare services.