ZESCO LIMITED AND COPPERBELT ENERGY COPRATION PLC (CEC) IN CONSULTATION WITH VARIOUS STAKEHOLDERS AGREES TO ADJUST THE BULK SUPPLY TARIFFS TO CEC BY 30PERCENT

ZESCO LIMITED AND COPPERBELT ENERGY COPRATION PLC (CEC) IN CONSULTATION WITH VARIOUS STAKEHOLDERS HAS AGREED TO ADJUST THE BULK SUPPLY TARIFFS TO CEC BY 30PERCENT WITH EFFECT THIS YEAR.

ACCORDING TO A JOINT COMMUNIQUÉ MADE AVAILABLE TO RADIO PHOENIX TODAY THE TWO POWER UTILITIES AGREED THAT TARIFFS MUST SYSTEMATICALLY MIGRATE TOWARDS COST REFLECTIVITY IN ORDER TO ACHIEVE LONG TERM SUSTAINABILITY OF THE POWER INDUSTRY IN ZAMBIA.

THE TWO POWER COMPANIES BELIEVE THAT IMPROVEMENT IN THE TARIFF WILL PROVIDE ADDITIONAL RESOURCES TO SUPPORT CURRENT EFFORTS OF EXPANDING GENERATION AND ITS ASSOCIATED TRANSMISSION INFRASTRUCTURE SO AS TO IMPROVE THE QUALITY OF SERVICE BEING RENDERED TO CEC AND ITS MINING CUSTOMERS.

THE INSTITUTE FOR HUMAN RIGHTS AND DEMOCRATIC GOVERNANCE HAS EXPRESSED DISAPPOINTMENT AT THE MANNER IN WHICH POLITICIANS ARE CARRYING OUT THEIR UNOFFICIAL CAMPAIGNS IN THE RUN UP TO THIS YEAR ELECTIONS

THE INSTITUTE FOR HUMAN RIGHTS AND DEMOCRATIC GOVERNANCE HAS EXPRESSED DISAPPOINTMENT AT THE MANNER IN WHICH POLITICIANS ARE CARRYING OUT THEIR UNOFFICIAL CAMPAIGNS IN THE RUN UP TO THIS YEAR ELECTIONS BY STATING THAT NONE OF THEM IS TALKING ABOUT GOOD GOVERNANCE AND HUMAN DEVELOPMENT.

SPEAKING IN AN INTERVIEW WITH RADIO PHOENIX, INSTITUTE FOR HUMAN RIGHTS AND DEMOCRATIC GOVERNANCE DIRECTOR FRANCO KAPIJIMPANGA HAS NOTED THAT THE ZAMBIAN POLITICIANS HAVE CONTINUED THEIR OLD HABITS OF MUDSLINGING AND HOODWINKING PEOPLE ABOUT WHAT THEY HAVE AND BAD PAST LIVES ACHIEVEMENT.

MR. KAPIJIMPANGA HAS POINTED OUT THAT NONE OF THE POLITICIANS IS TALKING ABOUT HUMAN GOVERNANCE AND DEVELOPMENT WHICH IS CARDINAL TO THE ZAMBIAN PEOPLE’S LIVES AND ECONOMIC DEVELOPMENT.

HE SAYS LACK OF MATURITY AND UNDERSTANDING OF VARIOUS ECONOMIC ISSUES HAS ENGULFED MOST OF THE POLITICIANS’ MIND WHO CAN NOT REALIZE THAT THE SAME PEOPLE THEY WANT TO VOTE FOR THEM ARE SUFFERING AND WILL NEED SOMEBODY WHO WILL IMPROVE THEIR LIVES.

THE INSTITUTE DIRECTOR SAYS ZAMBIANS MUST SHUN ANY POLITICIAN WHO WILL NOT TALK REAL ISSUES BUT CONTINUES TO TALK ABOUT OTHER POLITICIANS

CITI BANK ZAMBIA LIMITED RECORDS REVENUE OF CLOSE TO 165BILLION KWACHA IN THE YEAR 2010

CITI BANK ZAMBIA LIMITED , ONE OF  THE LARGEST UNITED STATES INVESTMENTS IN THE COUNTRY WITH A CAPITAL BASE OF 370BILLION KWACHA AND ASSETS OF 1.5TRILLION KWACHA GLOBALLY  RECORDED REVENUE OF CLOSE TO 165BILLION KWACHA IN THE YEAR 2010.

CITI BANK ZAMBIA WHICH RECENTLY ANNOUNCED A 4PERCENT REDUCTION IN ITS BASE LENDING RATES TO 15PERCENT FROM 19PERCENT ALSO PAID TAXES TO THE ZAMBIAN TREASURY IN EXCESS OF 53BILLION KWACHA IN THE YEAR ENDED 2010.

THE BANK, WHOSE HEADQUARTERS ARE IN LONDON AND OPERATES IN SEVERAL AFRICAN COUNTRIES THROUGH FINCA BANK ZAMBIA, HAS BEEN ABLE TO ASSIST IN PROVIDING MICRO FINANCE TO THE VULNERABLE IN SOCIETY BY GIVING OVER 320MILLION KWACHA FOR THE PAST 7YEARS.

UNDER ITS JUNIOR ACHIEVEMENT WHICH IS A WORLD WIDE NON GOVERNMENTAL ORGANIZATION AIMED AT EMPOWERING THE YOUTH TO ENHANCE THEIR FINANCIAL LITERACY AND ENTREPRENEURSHIP SKILL, THE BANK HAS SPENT ABOUT 470MILLION KWACHA.

CITI BANK’S MAIN FOCUS IS ON SUPPORTING INDUSTRIES IN ZAMBIA TO ENHANCE ECONOMIC GROWTH AND SOME OF THE INDUSTRIES ARE MINING, MANUFACTURING, ENERGY, RETAILING AND AGRICULTURE AND ITS MOST SIGNIFICANT RECENT DEAL OF THE YEAR WAS THE ZAMBIA SUGAR EXPANSION DEAL WHICH IS THE LARGEST SYNDICATE LOCAL CURRENCY DEBT IN THE COUNTRY.

AND CITI BANK THROUGH ITS ZAMBIAN BRANCH MANAGING DIRECTOR JOYCE WAINAINA HAS ESTIMATED THE THAT THE REGIONAL FINANCIAL SERVICES WALLET IN AFRICA IS AROUND $1TRILLION WITH THE KEY GROWTH DRIVERS BEING EMERGING MARKETS.

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W.H.O REAFFIRMS ITS COMMITMENT TO THE FIGHT AGAINST POLIO

THE WORLD HEALTH ORGANIZATION WHO HAS REAFFIRMED ITS COMMITMENT TO THE  FIGHT AGAINST POLIO.

WORLD HEALTH ORGANIZATION COUNTRY REPRESENTATIVE DR. OLUSEGUN BABANIYI SAYS  WHO WILL CONTINUE WITH THE  FIGHT AGAINST POLIO THROUGH ITS GLOBAL POLIO ERADICATION INITIATIVE.

DR. BABANIYI HAS HOWEVER COMMENDED  THE  ZAMBIAN GOVERNMENT FOR  NOT RECORDING ANY POLIO SINCE 2002.

DR. BABANIYI WAS SPEAKING DURING THE PRESENTATION OF A RECONDITIONED VEHICLE TO THE LUSAKA PROVINCE MEDICAL OFFICE IN LUSAKA TODAY

DR BABANIYI HAS HOWEVER URGED THE GOVERNMENT TO PUT THE VEHICLE INTO GOOD USE.

MEAN WHILE LUSAKA PROVINCE MEDICAL OFFICER DR TUCKSON  LAMBART SAYS  THE DONATION WILL HELP THE DISEASES SURVEILLANCE EFFORTS  IN THE FOUR DISTRICT OF LUSAKA PROVINCE THAT INCLUDES LUSAKA, CHONGWE, KAFUE AND LUANGWA DISTRICTS.

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COMESA CALLS ON MEMBER STATES TO ADOPT CLIMATE SMART AGRICULTURE STRATEGIES TO AVOID THE CONSEQUENCES OF FOOD SECURITY IN THE REGION

COMESA ASSISTANT SECRETARY GENERAL FOR  PROGRAMMES STEPHEN KARANGIZI HAS CALLED ON MEMBER STATES TO ADOPT CLIMATE SMART AGRICULTURE STRATEGIES  TO AVOID THE  CONSEQUENCES OF  FOOD SECURITY IN THE REGION.

SPEAKING TODAY DURING THE  OFFICIAL OPENING OF THE REGIONAL CLIMATE SMART AGRICULTURE MEETING AND STUDY TOUR TODAY IN LUSAKA MR. KARANGIZI NOTED THAT THE REAL REVOLUTION IN AFRICAN AGRICULTURE WILL HAPPEN WHEN AGRICULTURE IS EMBRACED AS A MITIGATION AND ADAPTATION MECHANISM TO CLIMATE CHANGE.

HE STRESSED THAT THERE IS NO JUSTIFICATION AS TO WHY AFRICA CAN NOT AIM FOR A GOOD PORTION OF THESE PLEDGES TO SUPPORT ITS  OWN ADAPTATION NEEDS IN AGRICULTURE ADDING THAT MITIGATION OF AFRICAN AGRICULTURE CAN CONTRIBUTE AT LEAST ANOTHER $10BILLION ANNUALLY.

SPEAKING AT THE SAME FUNCTION, EUROPEAN UNION CLIMATE SMART AGRICULTURE AND CONSERVATION PROGRAMME OFFICER STEPHANIE ROUSSEAU DISCLOSED THAT THE EU TODAY UNDER THE FARMER INPUT SUPPORT RESPONSE INITIATIVE IMPLEMENTED BY THE MINISTRY OF AGRICULTURE AND COOPERATIVES HAS RELEASED ABOUT 16MILLION EUROS.

MRS. ROUSSEAU ADDED THAT ANOTHER 11MILLION EUROS IS EARMARKED FOR CONSERVATION AGRICULTURE PROJECTS FROM 2012.

MEANWHILE, AGRICULTURE AND COOPERATIVES PERMANENT SECRETARY ABEDNEGO BANDA HAS OBSERVED THAT THE REGION IS CURRENTLY FACING A NUMBER OF CHALLENGES SUCH AS LOW AGRICULTURE PRODUCTIVITY AND CLIMATE CHANGE WHICH HAS THE POTENTIAL TO REVERSE THE SIGNIFICANT ECONOMIC GAINS.

HE HOWEVER POINTED OUT THAT IN ORDER FOR THE REGION TO REACH THE 1.2MILLION FARMERS WITH CONSERVATION AGRICULTURE TECHNOLOGIES, IT IS ESSENTIAL THAT THE MEMBER STATES DEVELOP POLICIES THAT SUPPORT THE UP SCALING OF CLIMATE SMART AGRICULTURE.

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ZAMBIA'S PRESIDENT TAKES A SWIPE AT THE OPPOSITION

PRESIDENT  RUPIAH  BANDA HAS TAKEN A SWIPE AT OPPOSITION PATRIOTIC FRONT PRESIDENT MICHAEL SATA  AND FORMER WORKS AND SUPPLY MINISTER  MIKE MULONGOTI DESCRIBING  THEIR  RANTINGS AS THOSE  OF FRUSTRATED PEOPLE.

SPEAKING AT LUSAKA  INTERNATIONAL AIRPORT BEFORE HIS DEPARTURE FOR TURKEY THIS MORNING, PRESIDENT BANDA SAID CONTRARY TO  ALLEGATIONS BY MR SATA, HIS GOVERNMENT  HAS MADE A LOT  OF PROGRESS TO DEVELOP ZAMBIA.

THE PRESIDENT ALSO SAYS THERE WAS NOTHING  SIGNIFICANT ABOUT MR SATA`S TRIP TO  LONDON.

AND  PRESIDENT BANDA SAYS  MR MULONGOTI  IS A FRUSTRATED MAN AND HAS SINCE ADVISED  HIM TO KEEP QUIET IF HE HAS NOTHING TO  SAY.

MEANWHILE, NEW GENERATION  PARTY  PRESIDENT HUMPREY SIULAPWA SAYS HIS PARTY WILL NOT SIT IDLE  AND WATCH MR MULONGOTI MAKE HIS OUTBURSTS AGAINST PRESIDENT BANDA AND HIS GOVERNMENT.

MR SIULAPWA SAYS  IT IS UNACCEPTABLE  THAT PEOPLE SHOULD BEHAVE IN THE MANNER IN WHICH MR MULONGOTI IS BEHAVING WHEN  NOT LONG AGO HE WAS BUSY PRAISING PRESIDENT BANDA.

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ZAMBIAN DRUG ENFORCEMENT COMMISSION ARRESTS 25 YEAR OLD NIGERIAN NATIONAL FOR DRUG TRAFFICKING

THE DRUG ENFORCEMENT COMMISSION HAS ARRESTED A 25 YEAR OLD NIGERIAN NATIONAL FOR DRUG TRAFFICKING.

IN A STATEMENT  RELEASED TO RADIO PHOENIX, DRUG ENFORCEMENT COMMISSION PUBLIC RELATIONS MANAGER JOHN NYAWALI DISCLOSED THAT GIDEON AMAGBOUBI, A BUSINESSMAN OF KITWE WAS ARRESTED FROM BULANGILILO TOWNSHIP AFTER A SEARCH AT HIS HOUSE FOLLOWING A LONG TRAIL OF HIS ACTIVITIES

MR. NYAWALI DISCLOSED THAT  AMAGBOUDI WAS FOUND WITH TWO COCAINE EGGS THAT ARE RARE TYPE OF COCAINE TO BE FOUND IN ZAMBIA.

HE SAYS  AMAGBOUDI BECOMES A FIFTH NIGERIAN NATIONAL TO BE ARRESTED IN KITWE FOR TRAFFICKING IN COCAINE IN THE LAST FOUR MONTHS BRINGING THE TOTAL NUMBER OF FOREIGNERS ARRESTED ON THE COPPERBELT TO 11.

AND MR  NYAWALI HAS ALSO DISCLOSED THAT ABOUT 234 PEOPLE HAVE BEEN ARRESTED ON THE COPPERBELT FOR VARIOUS DRUG TRAFFICKING OFFENCES IN THE LAST FIVE MONTHS.

HE  HAS EXPRESSED WORRY ON THE INCREASING CASES OF DRUG TRAFFICKING ACTIVITIES ON THE COPPERBELT ESPECIALLY THAT THE VICE IS BECOMING RAMPANT IN AFFLUENT NIGHT CLUBS AND AMONG YOUNG PEOPLE.

IN ANOTHER DEVELOPMENT  2.7 TONNES OF CANNABIS WAS BEEN SEIZED IN THE LAST SEVEN DAYS COUNTRYWIDE AND 102 PEOPLE ARRESTED IN CONNECTION WITH THE PSYCHOTROPIC SUBSTANCE.

MR NYAWALI FURTHER SAYS  200 BUNDLES OF MIRRA  WERE FOUND ABANDONED AT A BUS STATION IN NAKONDE DISTRICT AFTER THE SUSPECT REALIZED SHE WAS BEING TRAILED

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