Lusaka Times News

02/09/2024

Kuti Walaba mayo
Choma Central southern province
HH: 53 973 ECL: 4086
😭😭😭

27/08/2024

JUST IN: NAPSA has CLOSED. Society Business Park in Lusaka due to a safety issue.

27/08/2024

Imwe 24hrs of loadshedding kuno kumwesu 😭
How many hours is it in your area?
Electricity will soon be a rumor in Zambia 🇿🇲

23/08/2024

KARIBA TO SHUT DOWN

By JAMES K***A –
ZESCO is scheduled for a complete shut down of the Kariba power station early next month because of dangerously low levels of waters admissible for safe generation of electricity.
The current levels stand at a paltry 10 percent of the normal operation standards.
Zesco Head of Business Development Fitzpatrick Kapepe said the situation had been induced by the drought experienced in the 2023/2024 rainy season which saw low water inflows into the reseviours.
the shutdown of the Kariba complex would also coincide with the undertaking of scheduled maintenance works at Maamba Collieries thermal power plant in Sinazongwe, which was a composition of two coal-fired units feeding a combined 300 MW of power into the national electric............

Details later

21/08/2024

02/07/2024

JUST IN: WORLD BANK GRANTS ZAMBIA US $207.6 MILLION FOR SOCIAL PROTECTION - OVER 1.6
MILLION HOUSEHLDS TO BENEFIT

15/05/2024

The Central Bank MPC has increased MPR by 100bps to 13.5% from 12.5%:
In short, your loan tenure has been increased

02/05/2024

ZESCO to increase load shedding hours by (2) hours to allow healthy running of its systems.

24/02/2024

Rains 💦 in Chipata amidst the traditional ceremony

19/02/2024

THERE IS SO MUCH IN STOKE IN 2024

The 188 million dollars from IMF will be circulating in the Zambian economy.

Another 125 million dollars from the world Bank will be circulating in our economy.

Another 660 million dollars on the Lusaka Ndola dual carriage way will be circulating in our economy creating over 3500 jobs to the youths in lusaka ,Kabwe, Kapiri, mpongwe, masaiti ,Ndola and luansha.

Another 71 million dollars on the Ndola_Sakania Mufulira Road creating a 1000 jobs to the youths in Ndola and Mufulira.

4 Another 200 million dollars into the kasamba open_cast mine in lufwanyama which will be producing 20,000 metric tonnes of copper per year creating over 4000 jobs to the youths in kitwe, chambeshi, kalulushi, lufwanyama , Chingola and Kasempa.

5 Another 500 million dollars in the expansion of NFCA to bring on board addition 30,000 metric tonnes of copper per year hence creating 4000 jobs to the youths in Chingola, Kitwe, Mufulira, kalulushi and chambeshi.

Another 2 billion dollars from Barrick into a greenfield operations in North Western to produce 110,000 metric tonnes of copper hence creating over 6000 jobs for the youths in all the districts from North Western province.

Another 100 million dollars in the dewatering of shaft 28 in luansha which was abandoned in 1997 hence creating over 300 jobs to the youths in luansha.

Additional 500 million dollars in shaft 28 upon completion of dewatering of shaft 28 to increase copper production in luansha from 40,000 metric tonnes per year to 70,000 metric tonnes hence creating another 3000 jobs to the youths in luansha ,Ndola and kitwe.

Additional 400 million dollars to into Mopani to complete all unfinished expansion projects abandoned by GLENCORE to increase copper production at Mopani from the current lowest level of 40,000 metric tonnes to 200,000 metric tons per year hence creating over 8000 new jobs in kitwe and Mufulira

Another 220 million dollars into Mopani to clear all unpaid contractors and suppliers at Mopani.

Another 80 million dollars bevra for working capital for Mopani just incase Mopani runs out of working capital due to un forseen circumstances.

12 Another 50 million dollars in the setting up of a Processing plant to recover 20,000 metric tonnes of copper per year in thr black mountain in kankoyo in Mufulira hence creating over 700 new jobs for the youths in kankoyo.

13 Another 250 million dollars by Vedanta in KCM to clear all unpaid bills for suppliers and contractors.

14 Another 200 million per year in the next 6 years by Vedanta into KCM to revamp production of copper from the current 30,000 metric tonnes per year to its golden days of 300,000 metric tonnes per year hence creating over 10,000 new jobs for the youths in Chingola, Chililabombwe and Nampundwe.

Another 20 million dollars per year into coporate and social responsibility by Vedanta.

Another 300 million dollars the creation of 10 farm blocks in all the 10 farm blocks in the 10 provinces in Zambia hence creating over 50,000 new jobs.

Another 500 million dollars in the expansion project of United Capital Fertilizer LTD in the production of the first ever Urea fertilizer in Zambia hence creating over 4500 direct and indirect jobs.

Hon. Kelvin Mutale Sampa
Hakainde Hichilema
UPND
Victor Sinkala
W.K Mutale Nalumango
Eric Kangwa
Bright Mules Chenx
UPND Zambia

Source:

19/02/2024

JUST IN: CHARITY KATANGA FOUND GUILTY!!! FACE 3 YEARS IMPRISONMENT.

The Lusaka Magistrate's Court has found former Zambia Police deputy Inspector General of Police Charity Katanga guilty of possesion of 10 Higher buses suspected of being proceeds of crime.

Source:

19/02/2024

Dollar battling for it's life as kwacha keeps hitting so hard on a Monday 🥊🥊

1 USD = K21.458

18/02/2024

I worked with ECL to dribble Miles Sampa in 2014, I know their mingalato - Hon. Robert Chabinga

18/02/2024

Appreciation of Kwacha is artificial - Economist Zulu

17/02/2024

The appreciation of the kwacha against major convertibles will continue because of the following reasons:

1. Mopani mine has released $80m in paying suppliers and contractors. This money is being paid in dollars and not kwacha. Meaning what the owed supplier is circulating are dollars not kwacha. The total amount to be released is $250m over the coming days/months

2. KCM has also released $25m for paying of workers and other costs. Vedanta has managed to raise the required $1.3bn for reinvestment meaning more $ are expected to flow into the economy.

3.More than K2bn dormant government money has been mopped up from commercial banks to BoZ. This is the money that Commercial banks were giving businessmen who would then keep in their $ accounts for future use. Instead of using their dollars which had accrued to $3.3 bn, investors kept on getting kwacha which became scarce. The move by government has now forced dollar account holders to start spending the dollars which they were hoarding thus releasing and increasing the dollars in circulation.

4. The big mining investors such as FQM, Lumwana, Luanshya mine will this year start to reinvest billions of dollars in their mines.

The Kwacha is safe. Coupled with sustained investor confidence, Zambia is the land of work and joy

Source: UPND Zambia

06/01/2024

“Ba treasurer ku village banking kuno ati ba lusa memory she cant recognize anyone”

05/01/2024

PROPAGANDA AT IT AGAIN

Meali meal hits K410
Cholera escalates
Masebo says go to the village.

You would think there is nothing good happening in the country.

But then, the other group is content. There is no opposition. Nothing can change.

27/12/2023

Kwacha reaches 25.8 on its journey to 26, maintaining the second spot as the world's second-worst-performing currency.

14/12/2023

Mobile Money Transactions to attract a Levy beginning January YET mines get tax breaks

30/11/2023

HH is spending too much time in the air like a Butterfly.

Nawakwi

27/11/2023

This young lady named Phaless posted this on her WhatsApp status then today she’s no more !!💔

Source: Zambia Stories

21/11/2023

This is beautiful oh!!!
The Zambia Police Service has promoted award-winning Police officer and actor Jeffter Phiri who plays Cephas in the popular local television series Mpali, from Constable to sergeant!

15/11/2023

Paid live stream with Prophet Brian Sindazi

14/11/2023

DON'T WORRY ABOUT SAMPA, I WILL SORT HIM, ECL

PATRIOTIC Front (PF) President Edgar Lungu says he knew about Miles Sampa and his behavior in a very long time ago but that like in 2015, the Matero PF suspended MP will be sorted out.

"Don't worry about Sampa, I knew his behavior a long time & I know how to sort him out like I did in 2015," Lungu says

Times

09/11/2023

DOLLAR IS GOING UP BECAUSE PF HAS HIDDEN PART OF IT IN SACKS

OBVIOUS Mwaliteta claims the Patriotic Front is behind the depreciation of Kwacha against major currencies.

The UPND Lusaka Province Chairperson claims he has information from within PF suggesting that members of the former ruling party have buried sacks of money underground thereby causing the local currency to depreciate. Asked which currency PF allegedly buried, Mwaliteta claims they buried dollars.

"What is happening is that pf have a lot of dollars that have been put underground. So this is causing a shortage of dollars. And you know that when dollars are in short supply then there is demand for them. There is lots of kwacha chasing few dollars on the market. So basically that is why Bank of Zambia has now decided to mop out some kwacha on the market so that the supply between dollar and kwacha is almost the same" Mwaliteta says.

And Mwaliteta says he knows about the law of supply and demand because he also did Economics foundation is one of his degree programs.

"By the way am an economist. I have done some of economic theories so I know what is happening. I just chose to keep quiet but overall, am well learned."

Asked when exactly he was studying Economics, Mwaliteta said a long time ago before UPND came into power.

And when further challenged how possible it was for him to study a degree in economics before having a full grade 12 certificate given that he only acquired 6 points immediately when UPND won elections through GCE, Mwaliteta fummed and cut the call.

Source: CountryTimes

18/08/2023

+1 Birthday to you the Emeritus Dr Darius K***a

14/08/2023

Air FRANCE 🇫🇷 had SUSPENDED their flights to Burkina Faso 🇧🇫 for 5 days. Now they want to RESUME, Burkina Faso has refused.

23/07/2023

THEM: To avoid a fool just keep quiet.

A FOOL: Bawiso umutwe kwati kapuna kapa njinga😏😏😏

27/06/2023

“I’m really depressed, we don't have any food at home please pray for us”

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