Mining mogul Anil Agarwal’s family trust today made a firm USD 1 billion offer to buy 33.47 per cent non-promoter shares of Vedanta Resources in a deal that values the conglomerate at USD 3.07 billion. “Under the terms of the offer, Vedanta shareholders will receive USD 10.89 per share in cash for each Vedanta share,” […]
Teaching Council of Zambia ( TCZ ) Registrar Ebby Mubanga says the council has made payroll deduction arrangements with PMEC to enable teachers to pay for their practicing licenses through the payroll deductions in a space of three years. Dr Mubanga said when he officiated at the launch of the Teaching Council of Zambia (TCZ) […]
President Edgar Lungu has directed the Industrial Development Corporation (IDC) to ensure that all companies are listed on the Lusaka stock exchange. IDC Chief Executive Officer Mateyo Kaluba says it is important that companies that are already listed on the stock exchange are operating efficiently and profitably. Mr. Kaluba was speaking when the Zambia Consolidated […]
About 20 foreign countries and over 1000 exhibitors have so far confirmed their participation in this year’s 2018 Agriculture and Commercial. This year’s agriculture show which is the 92nd edition will be held under theme Sustainable Economic empowerment. And preparations for the show which is expected to run from 1st to 6th August have reached […]
By Staff Writer The National Democratic Congress (NDC) Copperbelt Provincial Chairperson Chipoka Mulenga says NDC will not accept and tolerate party members practicing double standards. And Mr Chipoka has also urged opposition political parties in the country to avoid politics of confrontation and name calling. Speaking during the party meeting in Mufulira, Mr Mulenga said […]
By JOHN SAKALA Ground Focus Chief Executive Officer Jimmy Mubashi has implored Zambians to move away from political mediocrity and appreciate the massive development taking place in the country. Mr Mubashi said the PF government has made tremendous progress in terms of economic transformation since taking over government power in 2011. He said over the […]
By Jeff Mbewe Recently, I offered my views, destroying the views of supporters of both the Patriotic Front (PF) and the United Party for National Development (UPND) over the outcome of the Lusaka Province Mayoral elections. See also: The Petersen factor vs PF and UPND combined factors For clarity’s sake, PF supporters claim their current success, […]
Voters in Zimbabwe are going to the polls in the country’s first election without the involvement of long-time leader Robert Mugabe. The country’s founding president, Mr Mugabe, was ousted last year after almost four decades in power. The main contenders in the presidential vote are incumbent Emmerson Mnangagwa, of the ruling Zanu-PF party, and opposition […]
Sweden has adopted a new strategy for development cooperation with Zambia amounting to about US$260 million (SEK2250 million). The Swedish government has announced that it is increasing its commitment to supporting priority areas in Zambia hence the approval of the new five-year strategy which will run from 2018 to 2022. In implementing the strategy, Sweden […]
Minister of General Education, David Mabumba, says the ministry is in the process of remodeling the teachers’ recruitment process. Mr Mabumba says the proposal to remodel the process, which will be submitted to cabinet in the next two weeks, is meant to make the recruitment of teachers in the country more transparent and fair. He […]
The Independent Observer
