Two Turkish companies have expressed interest to provide funding of US$70 billion to finance capital projects in Zambia. The Two companies are under the umbrella of the Industrialist Business Women and Businessmen Confederation (SANKON). This project is under the Build Operate and Transfer (BOT) and Public Private Partnership (PPP) policy framework. SANKON General President Nezaket […]
Today people woke up to a shock as Chingola bus drivers have parked vehicles demanding for a Kitwe station in town. The bus stations are empty as all bus drivers have boycotted in the district. Chingola District Bus Drivers Association secretary Rafael Mwansa told the Independent Observer that the council should bring Kitwe bus station […]
Madagascar beat South Africa 4-3 on Sunday in a penalty shootout after their 2018 Cosafa Cup quarterfinal match at the Peter Mokaba Stadium in Polokwane ended goalless. The home nation got off to a positive start as they controlled possession stakes and dictated the flow of the game. Bafana created their first scoring opportunity as […]
The International Monetary Fund (IMF) officially green-lighted the acceptance of China’s currency – the Yuan – into the IMF’s foreign exchange basket. According to Reuters, this move paves the way for the IMF to place the yuan on a par with the US dollar. This is the latest in a series of global developments that […]
Russian journalist Arkady Babchenko has died after being shot near his home in Kiev, Ukrainian police say. Mr Babchenko, 41, was found bleeding at the entrance to his block of flats by his wife and died in an ambulance. After writing about a crashed Russian military plane in 2016, Mr Babchenko said he received death […]
British citizen Andargachew “Andy” Tsege, who was being held on death row in Ethiopia, has been freed. He has been greeted by jubilant relatives and supporters at his family home in the capital, Addis Ababa. The Ethiopian government had accused him of plotting a coup and he was sentenced to death in absentia in 2009. […]
“Africa is for black people. Period. We need our land back and we’re going to take it by force,” said a woman amongst an angry crowd trying to occupy a field on the north-eastern edge of Johannesburg in South Africa. She is wearing a red beret indicating her support for the Economic Freedom Fighters (EFF), […]
By Onishias Mamba in Petauke Police have retrieved the two girls abducted by the Nyau dancers in Chief Mafuta’s area. Eastern Province Deputy Commissioner of Police, Sharon Zulu confirmed this during a press briefing at her office this morning. Ms Zulu said Police moved in yesterday after receiving a report of abduction through Mugubudu Police […]
South Korean officials have said President Moon Jae-in could attend a possible summit between Donald Trump and Kim Jong-un. Any attendance by Mr Moon would be dependent on the progress of pre-summit talks between the US and North Korean leaders, said the Blue House. The historic meeting is scheduled to take place on 12 June […]
The Ministry of Finance has revealed that Zambia’s external debt rose to $9.1 billion through February from $8.7 billion at the end of last year. According to a report posted on the Ministry’s website, the fiscal deficit for the first quarter of 2018 was 3.7 billion kwacha ($361 million), compared with a target of 16.9 […]
Alice Nachilembe
