Monday, June 23, 2025
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Govt workers in Mambwe tasked to guide beneficiaries of ZIFLP

Government workers in Mambwe District have been urged to provide necessary expert guidance to cooperatives that are benefiting from a multimillion Zambia Integrated Forest Landscape Project (ZIFLP).

Ministry of National Planning and Development Permanent Secretary Trevor Kaunda says officers must work closely with communities that are beneficiaries under governmental projects such ZIFLP as they depend on them for necessary expertise on the procedures involved in using donor funds.

ZANIS reports that Mr Kaunda made the call during a familiarization tour in Mambwe District where he interacted with members from Tithandizeni Multi-Purpose Cooperative that has been funded over K2.1 million for sunflower and groundnuts oil processing

Mr noted that the cooperatives like Tithandizeni should be helped to quickly expedite the procurement process of necessary equipment so that implementation of projects can start.

Tithandizeni is one of the several projects that have received an initial 25 percent funding from the project funds applied for under ZIFLP to undertake climate smart livelihood projects in their communities.

The cooperative will only receive another allocation from the K2.1 million grant once they exhaust the first installment and prove capability to execute the project

Mr Kaunda urged responsible officers to assist the cooperative so that it can quickly move to the next phase of implementing their project.

He also stressed the need to build capacity in order for communities to be able to sustain them and have projects that are able to run even after the life of ZIFLP.

“Now is the time to be on the ground helping communities instead of being in offices as the work is out there in the communities,” Kaunda said.

Meanwhile, ZLFLP National Coordinator Tasila Banda also called on the Mambwe District Multisectoral Team to help drive the agenda and quicken the process of procuring the needed equipment for the cooperatives.

Dr Banda explained that the World Bank which is funding ZIFLP in partnership with Bio-carbon Fund and Global Environment Fund will only release the remaining 50 percent of the grant to the cooperative once the first installment is exhausted.

The ZIFLP Coordinator revealed that the threshold at which the beneficiary groups can access the additional funds without having to wait on the procurement committee under the local authority has been increased from US$10,000 to US$20,000.

“I am delighted to inform you that the threshold at which you as beneficiary groups can access the funds and start purchasing the necessary equipment on your own using your account has now been increased. You now have the authority to purchase the equipment you want as long as they are within the threshold range,” Dr Banda said.

Dr Banda further stated that due to the delay in the implementation of the projects and seeing that the close of the World Bank fiscal year is fast approaching, ZIFLP will pay out the remaining amount of K1, 616,395.5 to Tithandizeni Multi- Purpose Cooperative instead of following the initial plan of paying them in instalments as projects need to be implemented as soon as possible.

Earlier Tithandizeni multi- purpose Cooperative Chairperson Victoria Zulu expressed worry over the delays by the procurement committee at the district council to complete the procurement of the equipment for oil processing.

“We were given 1000 hectares of land by the traditional leadership so that we can carry out our activities smoothly. We have even worked on 15 hectares of land so far. Unfortunately, due to the delay in procuring the needed equipment, our activities have stalled,” Ms Zulu said.

Chinsali residents call for peaceful campaigns

Residents of Chinsali District in Muchinga Province have called on political parties to hold their political campaigns peacefully.

Some residents talked to by the Zambia News and Information Services (ZANIS) in separate interviews today, said politicians should bear in mind that Zambia is a Christian nation hence no political party should cause violence.

John Chanda of Mweye area in Chinsali District said he will be happy to see that the campaign period is peaceful.

”Zambia is a Christian nation hence as various political parties hold their compaigns they should not start violence or shed blood” he said.

Mr Chanda added that violence will led to shedding of blood which will bring havoc among Zambian citizens.

He added that it is his hope and prayer that the August 12th General Elections will be free and fair.

And another resident, Mary Ng’andu of Choshi area said cadres should not take the law in their hands.

Ms Ng’andu has since appealed to the Zambia Police Service to be on the ground to ensure that those who will be found breaking the Law are brought to book.

”As Zambians we are peaceful people and all we want is to have peaceful campaigns before, during and after the August elections.

Meanwhile, the Patriotic Front (PF) aspiring candidate, Kalalwe Mukosa has promised residents in the area of peaceful campaigns.

Mr Mukosa stated that the PF, is a party that has a heart for the people hence its members have no time for creating violence.

”We will make sure that our campaigns will be peaceful and we promise the people in this area of more developmental projects once voted back in office, ” he said.

Various political parties in the district have started campaigns ahead of the 2021 August 12 General Elections.

K9.3 million COVID-19 social cash funds released for Nakonde district

Government has launched the disbursement of K9.3 million second phase COVID -19 Emergency Cash Transfer to target 3,910 beneficiaries in Nakonde District of Muchinga Province.

Muchinga Province Permanent Secretary Davison Mulenga launched the disbursement of the COVID-19 Emergency Cash Transfer funds at Mwenzo yesterday.

Capt. Mulenga said government with its cooperating partners devised a relief package to help the vulnerable households with K400 each for a period of 6 months as a cushion after a 10 -day lockdown that was necessitated to stop the spread of COVID-19 in Nakonde district last year in May.

A total of 5781 beneficiaries received their package in the first phase that was paid out in December 2020.

Capt. Mulenga disclosed that the disbursement of the second phase of COVID -19 Emergency Cash Transfer funds will be paid using Cash in Transit (CIT) that targets to benefit 3,910 households in Nakonde District.

“In May last year, Government implemented a 10 -day lockdown in Nakonde district of Muchinga Province to prevent the spread of COVID-19 within the district,” said Capt. Mulenga.

He said that the first category was the already existing households on Social Cash Transfer scheme.

“The vertical category was paid in December 2020. A total of K5, 781 beneficiary household was covered during this phase and was paid the whole amount, K2 400, which was supposed to be given in 6 months,” he added.

Capt. Mulenga said other category identified are low income earners who do not exist on the social cash transfer data base while the department of Labour and Social Walfare also identified some beneficiaries.

“A total of 3,910 beneficiaries are scheduled to receive K2400 each in the district. The mode of payment is use of Cash in Transit (CIT) and the vehicle carrying the cash is right here and will be going round paying points to pay the beneficiaries,” said Capt. Mulenga.

Muwemba Sichone, one of the beneficiaries told ZANIS that he is grateful to government for the good gesture.

Mr. Sichone said Nakonde residents underwent trauma and suffering during a 10-day Nakonde border was on lockdown and their small businesses were affected.

“We suffered during the period Nakonde border was on lockdown and our small businesses closed after using capital to buy food for our families, “said Mr. Sichone.

And Nakonde District Social Welfare Officer Mwaka Mulenga said release of COVID -19 Emergency Cash Transfer funds will boost the local economy of the border town.

Mr. Mulenga said the COVID-19 Emergency Cash Transfer funds will have spiral positive effects on many people because money in circulation has increased.

“We want to thank government for the COVID-19 Emergency Cash Transfer funds released for beneficiaries in Nakonde. These funds will impact positively on the lives of the people including those not directly receiving the funds. Buying power in our communities will be enhanced because of this relief package, “said Mr. Mulenga.

The mission team included Ministry of health officials, Health Professionals Association of Zambia, World Health Organization (WHO) United Nations International Children’s Emergency Fund (UNICEF) and other UN agencies.

Nevers Mumba preaches co-existence among political players as he successfully files in his nominations

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Movement for Multi-Party Democracy (MMD) Presidential Candidate in the August 12 polls, Nevers Mumba, has successfully filed in his nominations before the Electoral Commission of Zambia.

Dr Mumba filed in his nominations alongside his running mate Reuben Sambo.

And speaking shortly after filing his papers, Dr Mumba vowed to carry on the legacy of late Republican President Levy Mwanawasa, once elected into office.

Dr Mumba says under Mr Mwanawasa’s leadership, the economy flourished, adding that it is for this reason that he wants to follow the footsteps of his predecessor.

He says the currency was strong, inflation was low and the debt levels significantly dropped under the Mwanawasa administration, something he hopes to tackle once elected into office.

“I want to remind you that I served as Vice President during the time of Levy Mwanawasa and during our time in office, this country was privileged to grow its economy to the highest levels since independence,” he says.

And Dr Mumba has called for co-existence among different political players, saying hatred among political leaders is detrimental to the country’s development.

The MMD President notes that Zambia needs to move away from politics of antagonism, but rather focus on politics of growth.

“I appeal to all of us in this political career, presidents of political parties, cadres of political parties. We are one people, we are one nation. If we want to develop on behalf of our children, let us ensure that we work together hand-in-hand,” Dr Mumba says.

And Dr Mumba adds that he will bring order in the country within the first 100 days of his leadership, and that he will create order in all the institutions of governance.

And Dr Mumba says he will uphold the country’s status as a Christian nation, while governing the country on the basis of integrity and morality.

“What better way for Zambia to be led today than somebody who is strong in the ways of the scriptures to be able to interpret the declaration not only to Zambian but to the rest of the world,” he says.

Others expected to file in their nomination papers today are, United Prosperous and Peaceful Zambia President Charles Chanda, and United National Independence Party (UNIP) President Trevor Mwamba.

PF grabs 4 wards after opposition fail to field candidates

The ruling Patriotic Front (PF) has gotten off a good start on local government elections by scooping 4 ward seats after all the opposition and independents failed to field candidates.

In Luapula Province in Kabanse Ward in Pambashe Constituency, the PF candidate was declared duly elected after going unopposed

In North Western Province 3 Patriotic Front (PF) Councillors in Mufumbwe district went through unopposed. The three Wards in which the ruling party has gone through unopposed are Lalafuta, Kalengwa and Kashima West following the failure by opposition UPND Candidates to file in their nominations due to their failure to meet the requirements.

And in the Kalumbila district, about 4 UPND Candidates have so far failed to file in their nominations on technical grounds.

Meanwhile, PF North Western Province Chairperson MCC Jackson Kungo has described the situation as the downfall of UPND in the Province.

“And that is why I have always rubbished the claims by the UPND that this is their stronghold,” said Mr. Kungo.

He stated that if North Western was a UPND stronghold, they were NOT going to fail to have all its Candidates file in.

Chairman Kungo disclosed that all PF local government Candidates in the Province have successfully filed in their nominations.

ZANEC wins kudos

Government says it is pleased that the Zambia National Education Coalition (ZANEC) has demonstrated its continued support and partnership to the cause of the learner even amidst the COVID -19 Pandemic.

Ministry of General Education Permanent Secretary Jabbin Mulwanda says government is pleased that ZANEC has continued providing policy and advocacy based on evidence generated from actual research.

Dr Mulwanda explains that even as all the changes necessitated by Covid-19 were being implemented, the Coalition remained unwavering in the commitment to providing evidence-based alternatives to best address the situation.

The Ministry of General Education Permanent Secretary administration said this when officiated at the 9th General Assembly for ZANEC in Lusaka today.

“Admittedly, we still have a long way to go in attaining the education we aspire to, especially when it comes to having well balanced alternative modes of education delivery.

“ With the continued support from our partners and stakeholders we have been able to achieve what has been accomplished so far as we ensure that no one is left behind in our education agenda,” he stressed.

The launch of the two (2) E – Learning Platforms, the National E – Learning Portal and the Smart Revision and the launch of the Education Television Channel (ZNBC TV4) on Top Star Platform as among the initiatives that were attained collaboratively, he cited.

And ZANEC Board Chairperson Henry Kabwe called for unity of purpose in order to spur the country’s education sector.

Mr Kabwe pointed out that to cushion the impact of Covid-19 on the education sector the coalition partnered with government and UNICEF in generating evidence which has played a major role in informing strategies for disaster preparedness and mitigation.

He recalled that the initiative has resulted in the implementation of various innovations by policy makers, policy implementers, schools, teachers and learners aimed at mitigating the impact of the pandemic.

“Alternative modes of education provision in the form of radio, television, mobile or online platforms have taken center stage to cope with these new innovations, our teachers have had to adapt their teaching methodologies.

“ These services were brought to the attention of ZANEC and the ministry to ensure that even a child in the most remote parts of Zambia gets access to learning through the expansion of the education broadcasting services (EBS) radio and TV,” he said.

And in her vote of thanks, Florence Mwansa hailed the government for having collaborated with the coalition very well.

Mrs Mwansa said the theme of the General Assembly “keeping the wheels of education running amidst the covid 19 pandemic” was in line with the country’s aspirations of expanding the education sector.

Veep launches climate change programme

Vice President, Inonge Wina has launched the 9.3 Million Euros voices for climate change action programme in Zambia. The programme is expected to improve resilience and adaptation in some parts of Lusaka and Southern Provinces.

Mrs Wina observed that the five year project will build resilience and adaptions towards climate change in the Kafue flats.

The Vice President said this in Kafue’s Chanyanya area this afternoon, adding that there’s need to strengthen efforts to help sustain the livelihoods of people in disaster prone areas by building resilience and adaption to climate change.

And Mrs Wina has since directed Permanent Secretary in the Office of the Vice President to initiate a programme on disaster reduction with specific subsystem interventions linked to food systems.

“I therefore seek support from cooperating partners working with WWF and the consortium including the Dutch Government.” She said.

The Vice President underscored the importance of the programme, which she said will bring together stakeholders’ expertise and resources to solve common problems while bringing prosperity to the people.

She noted that government with its partners, is determined to shape a future for Chanyanya, Chikupi and Demu communities through grant contribution and investments from the Dutch Government and technical assistance by a British firm, Infraco.

She further stressed government’s commitment to addressing the plight of people who are affected by climate change effects such as floods and droughts that lead to food insecurity.

She said that efforts should be made to bring people together for a common goal by providing solutions that uplift the living standards of the people.

Mrs Wina observed that the Zambezi River basin is one of the most valuable natural resources in Africa, which she said accounts for half of installed hydro power capacity and also supports a diverse array of game, birdlife and fish species in game reserves.

She stated that the river system whose tributaries such as Kafue, are home to socio-economic livelihoods of many, adding that it is a basis for industrialisation through mining on the Copperbelt.

Mrs Wina noted that any disruption of the Zambezi River is a source of concern, as this can be seen from the huge cost of relief distributed due to crop failure as well as displacement due to floods.

“We have taken keen interest in the Zambezi and Luapula river basins because any disturbance in these two ecosystems calls for disaster risk reduction measures, ‘ she said.

The Vice President said the project embraces a brighter future, inspired by inclusiveness, resilience, prosperity and sustainability.

She stressed the importance of implementing the Chiansi concept as it will address all the five pillars of the Seventh National Development Plan.

Dutch Honorary Consul, Sander Donker stressed his government’s commitment to helping Zambia address the challenges of climate change.

Mr Donker said the Dutch government will continue to provide both financial and technical assistance to the country in order to address issues of climate change.

And WWF Country Director, Nachilala Nkombo said the five year project is intended to address some of the biggest challenge of climate change and build adaptation and resilience strategies.

“The focus of this project is the local community,” she stated.

ZCID applauds Political Parties for complying with the COVID-19 guidelines.

The Zambia Centre for Interparty Dialogue (ZCID) has commended the Political Parties that have publicly committed themselves to abide by the laid COVID-19 guidelines.

ZCID Executive director Doreen Kabwe says her organisation is gratified by the political parties participating in the 12th August elections that they will not hold campaign rallies in an effort to minimize the risk of spreading the coronavirus.

Ms Kabwe explains that the move taken by Political Parties clearly demonstrates that the lives of many Zambians are being prioritised.

” The Centre is encouraged to see that a number of Political Parties are complying and have acquainted themselves with the Standard Operating Procedures which were developed by the Electoral Commission of Zambia (ECZ) Covid-19 Technical Committee,” she said.

In a statement made available to the media yesterday, the ZCID Executive director says her Centre is pleased to note that during the pre-processing of presidential supporters, there was strict adherence to the Covid-19 golden rules by all parties .

Ms Kabwe stated that the centre also observed that during the processing of Presidential nominations which is currently underway the Covid-19 are being followed.

“As the Centre, we urge all political players to continue adhering to the laid down Covid-19 guidelines as they participate in other electoral activities which have been lined up,” she said.

Recently, the ECZ disclosed that in view of COVID- 19 prevalence it has banned political rallies to prevent the spread of the global pandemic that has not spared Zambia.

Girls dropping out in Itezhi-tezhi irks sponsor

Keeping Girls in School says it is concerned with the increased number of girls who have dropped out of school in Itezhi-tezhi district under its sponsorship.

Itezhi-Tezhi District Education Board Secretary Victor Longwani indicated that the project had improved the performance of girls that have been re-admitted into school.

KGS National Coordinator Willy Kaputa discloses that from its inception in 2017 only 498 girls out of 721 enrolled , have remained under KGS sponsorship in the district.

Speaking when he inspected the programme in Itezhi-Tezhi , Mr. Kaputa states that government is committed to transform the livelihood of women especially in rural areas with productivity grands and secondary school bursaries.

The KGS initiative is aimed at improving literacy levels across the country.

“The government through the ministry of General Education desires that we have women who are educated and if we kept our girls longer in school then we are helping them to escape the trap of many vices such as child marriages, leading to a healthy society with informed women,” Mr. Laputa explained.

Mr. Kaputa stressed the need to device measures that will improve the effectiveness of the project by meeting the needs of the beneficiaries that might be causing the increased dropouts.

The KGS team embarked on stake holder engagement with implementers which includes teachers, parents, district education offices as well the pupils in order to come up with workable solutions that will improve commitment among learners.

Meanwhile, Itezhi-Tezhi District Education Board Secretary Victor Longwani indicated that the project had improved the performance of girls that have been re-admitted into school.

Mr. Longwani revealed that about five girls who wrote their grade 12 last year had performed very well and have since been recommended for higher education.

He noted that KGS sponsorship has motivated the beneficiaries to come to school and are performing better than expected.

“The programme has directly and indirectly reinforced the implementation of re-entry policy because a number of girls who had become pregnant have been re-enrolled,” Mr. Longwani stated.

The KGS funding has further assisted schools with infrastructure development, therby creating more space for improved enrollment rates among girls in rural areas, he said.

And one of the beneficiaries, Hellen Mingochi, explained that the project has lessened the financial hardships that her family faced to pay for her tuition fees.

She noted that her dreams of becoming a lawyer will be achieved.

“Am very grateful to government for the sponsorship. My dreams of being achieving great things in life have just been realized and will come to fruition,” a jovial Mingochi noted.

Ministry of General Education (MOGE) has supported 28,799 vulnerable secondary school going girls across the country with school bursaries under the Keeping Girls in School (KGS) Project since the inception of the project in 2016.

Bank of Zambia Full Monetary Policy Committe Statement

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Monetary Policy Rate held at 8.5 percent

The Monetary Policy Committee (MPC), at its May 17 – 18, 2021 Meeting, decided to maintain the Monetary Policy Rate at 8.50 percent. While inflation is projected to remain above the upper bound of the 6-8 percent target range over the forecast horizon  , inflationary pressures are expected to ease in view of the improved supply of food, particularly maize and wheat following a good crop harvest. In addition, the significant improvement in copper prices and renewed interest in domestic Government securities by non-resident investors are supportive of the foreign exchange market and in turn lower inflation going forward. The decision also recognises existing vulnerabilities in the financial sector and fragile growth. To restore and anchor macroeconomic stability, the implementation of fiscal adjustment measures in line with the Economic Recovery Programme and understandings reached in discussions with the IMF remain critical.

A stronger recovery in global growth projected

Global economic recovery gained traction in the first quarter of 2021 on the back of the rollout of COVID-19 vaccinations and enhanced monetary and fiscal stimuli. Overall, growth is projected at 6.0 percent and 4.4 percent in 2021 and 2022, respectively from a preliminary contraction of 3.3 percent in 2020. In the medium-term, however, growth prospects remain uncertain in view of possible outbreaks of new and more contagious variants of the virus, uneven access to vaccines, and limited fiscal policy support, especially in developing economies.

Domestic economic activity weakened in the first quarter, but recovery expected in the medium-term

Preliminary indicators of economic activity point to weaker growth in the first quarter of 2021. The Bank of Zambia Composite Index of Economic Activity 2 contracted largely reflecting the decline in copper production, retail sales and international passenger arrivals. In addition, all monitored indicators in the Bank of Zambia Survey of Business Opinions and Expectations, with the exception of labour demand, declined relative to the preceding quarter partly attributed to the effect of the second wave of COVID-19. The Stanbic Bank Purchasing Manager’s Index (PMI) also signalled a deterioration in the private sector business environment over much of the first
quarter.

Nonetheless, real GDP is projected to recover beginning 2021 on the back of strong performance in information and communication, electricity, education as well as public administration sectors. In this regard, the Stanbic PMI for April pointed to an improvement in private sector business environment, the first recorded since February 2019. However, constrained fiscal space and the global resurgence of COVID-19 infections continue to pose significant downside risks to the growth outlook.

Inflation accelerates further, but expected to moderate

Annual overall inflation accelerated to a five-year high averaging 22.2 percent in the first quarter of 2021 from 17.6 percent in the previous quarter. The depreciation of the Kwacha and low seasonal supply of fish and some vegetables, largely accounted for this outturn. Food inflation rose sharply to 27.0 percent from 17.2 percent while non-food inflation declined to 16.6 percent from 18.0 percent.

In April, overall inflation marginally declined to 22.7 percent from 22.8 percent in March. While inflation is projected to remain above the upper bound of the 6-8 percent target range over the next eight quarters, inflationary pressures are now expected to subside more quickly than envisaged in the February MPC Meeting. This is mostly on account of the excess supply of maize in view of a good crop harvest, higher copper prices and improved external financing. Inflation is projected to average 21.9 percent and 16.7 percent in 2021 and 2022, respectively. Elevated fiscal deficits, higher crude oil prices, and rising inflation in some major trading partner countries are the key sources of inflationary pressures over the forecast period. However, these are expected to be mitigated somewhat by significantly higher copper prices. Over this period, the key upside risk to inflation is the possible increase in energy prices (fuel pump prices and electricity tariffs) and any resurgence of the COVID-19 infections following the advent of the new variants.

Overnight interbank rate maintained within the Corridor

The overnight interbank rate increased to 8.59 percent in March 2021 from 8.17 percent in December 2020 and was maintained within the Policy Rate Corridor of 7.5 to 9.5 percent throughout the quarter. The increase mainly reflected the upward adjustment in the Policy Rate by 50 basis points to 8.5 percent in February.

Demand for Government securities improves

Demand for Government securities was relatively stronger than the previous quarter on the back of improved domestic liquidity conditions and increased interest from non-resident investors. Subscription rates to Treasury bill and Government bond auctions improved to 112 percent and 70 percent from 80.8 percent and 30.0 percent, respectively. As a result, a surplus of K1.6 billion was realised. In addition, Government continued to issue securities through private placements. Consequently, the stock of Government securities rose by 9.7 percent to K142.8 billion.

Although domestic investors account for the largest share of Government securities, the proportion of non-residents holdings increased. As at end-March 2021, Government securities held by non-residents rose by 2.1 percent to K18.8 billion, representing 13.2 percent of outstanding securities. Most of their holdings (93 percent) were in Government bonds.

Interest rates edge up

Yield rates on Treasury bills and Government bonds rose to 22.3 percent and 33.7 percent from 20.1 percent and 33.3 percent in December, respectively. This was largely attributed to increased domestic financing requirements. Similarly, the commercial banks’ average lending rate rose to 26.0 percent in March 2021 from 25.1 percent in December 2020, largely reflecting the upward adjustment in the Monetary Policy Rate in February. The savings rate for 180-day deposits, however, remained broadly unchanged at 9.7 percent.

Credit to the private sector slows down significantly as money supply growth moderates

Year-on-year growth in credit to the private sector reduced substantially to 0.5 percent in March 2021 from 8.5 percent in December 2020 largely due to net repayments. Meanwhile credit to Government continued to expand at a strong pace on the back of sustained issuance of Government securities to meet domestic financing needs. Over the same period, money supply (M3) 3 growth slowed down to 39.6 percent, year-on-year, from 46.4 percent. This largely reflected a lower growth in net foreign assets.

Fiscal pressures still persist

Revenue performance improved in the first quarter. However, fiscal pressures remain, reflecting high expenditures on fuel imports and the Farmer Input Support Programme (FISP) as well as the need to clear accumulated domestic arrears. Over the medium-term, gradual fiscal adjustment premised on expenditure rationalisation and the significant increase in domestic revenue is envisaged. In this regard, the announcement that substantive understanding has been reached on the macroeconomic framework between the IMF and the Government, the impending one-off allocation of SDRs by the IMF to help countries fight the COVID-19 pandemic and improved copper earnings are important developments that can help in creating the much needed fiscal space.

Current account surplus expands further

Preliminary data indicate that the current account surplus expanded further by 8.0 percent in the first quarter of 2021 to US$0.8 billion (15.9 percent of GDP) from US$0.7 billion (15.7 percent of GDP) 4 due to net exports. Net exports grew by 11.1 percent to US$1.3 billion as copper export earnings remained robust amid a drop in imports. Copper earnings increased by 4.3 percent to US$1.9 billion driven by higher prices despite the fall in export volumes. Merchandise imports fell by 5.5 percent to US$1.2 billion, reflecting a reduction in capital goods as the recovery in economic activity remained weak.

Pace of Kwacha depreciation slows down

The Kwacha weakened further, albeit at a slower pace, as net demand moderated. The Kwacha depreciated against the US dollar by 4.4 percent in the first quarter compared with 9.4 percent depreciation in the preceding quarter. The Kwacha averaged K21.63/US$ in the first quarter. The Bank of Zambia continued to intervene to moderate exchange rate pressures. On a net basis, the Bank sold US$259.7 million compared to US$339.8 million in the preceding quarter. This largely reflected the receipts of tax obligations from the mining companies, which were sold back to the market.

Gross international reserves broadly remained unchanged at US$1.2 billion (equivalent to 2.1 months of import cover) 5 at end-March 2021.

The MPC Decision

The MPC noted that, although inflation is projected to remain above the upper bound of the 6-8 percent target range over the forecast horizon, inflationary pressures are projected to ease faster than earlier anticipated, particularly towards the end of the forecast horizon. This is in view of improved supply of food, particularly maize and wheat following a strong crop harvest, higher than anticipated copper prices and improved external sector support. In view of this, and to allow for the last Policy Rate adjustment to take full effect on the economy, the MPC decided to keep the Monetary Policy Rate unchanged at 8.50 percent. This is also in recognition of existing vulnerabilities in the financial sector and fragile growth.

The Bank remains committed to adjusting the policy rate upwards should the expected drop in inflation not materialise sooner than anticipated.

Decisions on the Policy Rate will continue to be guided by inflation forecasts, outcomes, and identified risks, including those associated with financial stability and the COVID-19 pandemic. Implementation of fiscal adjustment in line with the Economic Recovery Programme and the understandings reached in discussions with the IMF on the macroeconomic framework remain critical to restore and anchor macroeconomic stability and to create the much needed fiscal space.

The next MPC Meeting is scheduled for August 30 – 31, 2021.

Issued by
Mr. Christopher M. Mvunga
GOVERNOR

Forest Rangers Sideline Coach Tennant Chilumba

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Forest Rangers have sent coach Tennant Chilumba on forced leave.

Chilumba has been sidelined by the Ndola club following a recent run of poor results by the 2019/2020 FAZ Super League runners-up who have posted two draws and three defeats in their last five games.

“Forest Rangers FC head coach Tennant Chilumba has been sent on administrative leave with immediate effect,” Forest stated in a media release.

“In the interim, coach Owen Kaposa, the second assistant coach, will serve as acting head coach.”

Chilumba has been in charge at Forest since December 2019 when he replaced Perry Mutapa who had resigned to take up an appointment as Power Dynamos coach.

Coincidentally, Mutapa was also sent on administrative leave over a week ago by Power following a poor run of results by the Kitwe club.

Forest are currently sixth on 43 pints with a slim chance of qualifying for continental action for the 2021/2022 season.

This is after making their continental debut this term under Chilumba in the CAF Champions League where they made a preliminary stage exit.

Rampant Nkana Rally to Rout Napsa Stars

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Nkana roared back to life in stunning fashion today after coming from one down to collect a 4-1 home win over Napsa Stars in an all relegation zone dogfight.

The win saw Nkana rebound from Sundays 2-1 home loss to Lusaka Dynamos that brought to a halt their three match revival.

Jimmy Mukeya fired in a stunning strike in the 13th minute to give Napsa the lead.

But Nkana replied in the 37th minute when Duke Abuya levelled matters to send the two sides 1-1 into the break.

Nkana hit the ground running straight from the dressing room when Diamond Chikwekwe slotted in the ball from closerange in the 47th minute.

Gilroy Chimwemwe added a breathtaking volley from range in the 56th minute as Napsa’s defence struggled to contain the pressure from Nkana led by the combative Alex Ngonga.

Ngonga didn’t want to be left out of the show and got in on the act in the 82nd minute with a closerange shot courtesy of an assist from Chimwemwe.

The result left Napsa without a league win over Nkana going back to 2015 and have since then lost eight and managed two draws against the Kitwe giants.

Meanwhile, Nkana rise from 17th to 16th exchanging positions with Lumwana Radiants on 31 points and 30 points with six and five matches left respectively.

Napsa are just above Nkana in the top part of the relegation zone at number 15 on 36 points with seven fixtures left.

In the lunchtime kick off at the same venue, Lusaka Dynamos moved from fifth to fourth following a 1-0 away win over demoted Kitwe United.

Collins Sikombe scored the games lone goal in the 83rd minute to see Dynamos tied on 46 points with third positioned Red Arrows.

They are behind Zanaco on 50 points and leaders Zesco United who are on 56 points.

Zesco visit Dynamos this Sunday in Lusaka.

Five arrested for cannabis trafficking

The Drug Enforcement Commission (DEC) in Lusaka Province has arrested five (5) people for various Drug trafficking offences contrary to the Laws of Zambia.

DEC Public Relations Officer Mathias Kamanga said Grace Chabola, a 30-year-old female Peasant Farmer of Chongwe District was arrested for trafficking 355.7 kg of loose Cannabis.

Mr Kamanga pointed out that Chabola was arrested in Manyika area of Chongwe after being found with five drums ( totaling 210 liters) and two small buckets containing loose Cannabis that were buried behind her house and covered with concrete.

In a separate incident, the Commission has arrested Lizzy Ziba a 40-year-old peasant farmer of Mukunta village in Chongwe District for trafficking 115kg of loose cannabis.

The DEC Public Relations Officer stated that Ziba was arrested after she was found with 5 sacks and half a drum of loose cannabis that was hidden in her house.

“The Commission is calling upon members of the public to report any suspicious activities especially those of drug traffickers who are in the habit of bringing large quantities of such drugs into the communities to the Commission as we would like to stop the supply of such drugs right from the source,” he said.

Meanwhile, DEC has arrested Lameck Sikazwe, a 35-year-old male and his aunt Melida Nakazwe, 73 years old both of Chilenje South for trafficking in 12kg of compressed Cannabis which was concealed in wooden handicraft boxes.

Mr Kamanga said the duo was arrested at Intercity Bus Terminal when they went to collect the compressed Cannabis parcel which was sent as a parcel to them from outside Zambia.

“The Commission would like to warn transporters to ensure they know the contents of any parcel they are transporting before they accept to carry a parcel.

“ If anything is suspicious, they should get in touch with DEC. Failure to do so may result in the seizure of their vessels for unlawful use of their motor vehicles. “ he said.

The Commission has also arrested another suspect identified as Nebby Manda, a 31-year-old Taxi Driver of Libala area in Lusaka for trafficking in Benylin with Codeine.

Mr Kamanga reveals in the same statement that Manda was found with three carton boxes filled with Benylin with Codeine which contained more than 178 bottles of the substance, 34 empty bottles and cash in the amount of K14, 900 (paper money) and K 660 (coins),” the statement read in part.

He reiterated that Benylin with Codeine is a controlled substance and should only be used by a person with a prescription from a medical practitioner.

First Lady Esther urges journalist to work hard

First Lady Esther Lungu has encouraged journalists to work extra hard as it is their role to transform society.

Speaking during the ‘Stay at Home’ and ‘More than a Mother’ media award presentation ceremony at State House in Lusaka today, Mrs Lungu said she recognises the critical role the media and arts industry play to create a better society.

“We recognized the critical role the media and arts industry play to create cultural shift and raise awareness about health, cultural and sensitive issues such as infertility stigma,” she noted.

She consequently congratulated and awarded some deserving journalists under the ‘Merck Foundation’ for championing and raising awareness on sensitive social issues such as the COVID-19 pandemic.

Mrs Lungu said Merck Foundation conducted the ‘Stay at Home’ and ‘More than a Mother’ media recognition awards was formed to raise awareness about the important social issues such as the COVID-19 pandemic and to raise awareness on how to stay safe and keep physically and mentally healthy during the pandemic lockdown.

The First Lady commended the marked contributions made by the winners in sensitizing their respective communities about infertility stigma and COVID-19.

Mrs Lungu further encouraged Merck Foundation to reward them by becoming foundation Alumni and also providing them with one year access to online educational training programe called Master Class.

“This offer aims at motivating journalists to continue writing and advocating for social, economic and health issues across their countries” she said.

Among the deserving journalists awarded included Jessie Ngoma (Times of Zambia) ,Henry Sinyangwe (Daily Mail) and Violet Mengo (Daily Mail) under the print category.

Others were ZNBC’s Effie Mphande under Multimedia category , Prudence Siabana (Radio Phoenix) and Josias Muuba from Mosi-oa-Tunya Radio under the electronic category.

The Merck Foundation, a philanthropic arm of the Merck Germany , established in 2017 envisions a world where everyone can lead a healthy and fulfilling life .

It aims to improve the health and wellbeing of people and advance their lives through science , technology women and youth empowerment and building scientific research capacity.

Goods over K 2, 000, 000 seized in Chipata

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The Competition and Consumer protection Commission (CCPC) has goods worth Over two million Kwacha ( K2,000, 000 ) in Chipata District, eastern province.

In a joint inspection team comprising the Competition and Consumer Protection Commission (CCPC) and the Chipata Municipal Council (CMC), assorted goods worth two thousand three hundred and fourty nine Kawcha,K2,349 were seized, today.

In a statement to ZANIS by CCPC senior Public relations officer Namukolo Kasumpa , discloses that the seized items include beverages, foodstuffs and cosmetic products among others some of which had defects.

” Some of the seized goods did not meet the mandatory product information standards set by section 50 of the Competition and Consumer Protection Act (CCPA) No .24 of 2010 and the food and Drugs Cap Acts 303 of the laws of Zambia.

“Defects on the seized items included expired products, insufficient labels, inappropriate packaging and broken seals while others did not have expiry dates”, she noted.

The CCPC senior Public relations explained that the seizure was conducted during a routine inspection of trading premises in Eastern Province with the view of ascertaining the traders’ compliance levels with the Competition and Consumer Protection Act (CCPA)

No.24 of 2010.

She further discouraged traders from selling unsuitable products which have exceeded or are close to reaching their shelf life.

Ms Kasumpa also advised traders to abide by the law and desist from engaging in unfair trading practices or any conduct that erode consumer welfare.

“The Commission has since advised consumers countrywide to be proactive and report perpetrators of both anti-competitive business behavior and unfair trading practices to the Commission on the toll-free line 5678,”she said.