Former Finance Minister Claims Zambia’s Public Debt Wasn’t Understated!

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Dr. Bwalya Ngandu

Former Finance Minister Dr. Bwalya Ng’andu at a PF press briefing said the statement that the United Party for National Development (UPND) government has inherited an empty treasury is not factual.

The Former Finance Minister has advised and challenged current Finance Minister Situmbeko Musokokwane to show the actual figures the new government found in government reserves.

Chibamba Kanyama Educates PeP's Sean Tembo On The Bond Market vs IMF

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Chibamba Kanyama

Chibamba Kanyama wrote.....
Speaking on Radio Phoenix ‘Let the People Talk’, PEP President Sean Tembo encouraged the new Government to resist taking on an IMF Programme, emphasizing the benefits of the commercial (Eurobond) Market as a much more flexible source of funding to Government. He said several things that were not realistic such as Zambia’s financial position, saying there was no debt problem.

Buying Property in Zambia: A Simple Guide

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Buying a house in Zambia

Buying property in Zambia is not as complicated as people think if proper procedure is followed and all potential loopholes avoided. Are you looking for land, farms for sale, houses for sale or any other investment property in Zambia? This simple guide highlights a few steps that will guide and help ensure a smooth transaction as you are buying property in Zambia regardless of the location of either purchaser or vendor (selling party);

Starting A Business In Zambia In 7 Easy Steps

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Muna

The Registrar of Companies is responsible for business registrations in Zambia. He/she issues certificates of compliance for foreign companies, certificates of incorporation for local companies and certificates of registration for sole proprietorship and partnerships.
Foreign investors are allowed to incorporate a sole director company and register a fully owned local company without having any Zambian shareholders (The Companies Act, 2017).
Investors commonly register their local firm as a limited liability company.

President Hakainde Hichilema Assures Investors - Creditors Will Be Paid!

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Dr. Situmbeko Musokotwane

President Hakainde Hichilema assured the investor community that all creditors will be paid via Twitter after Zambia's dollar bonds slightly experienced a sell off when word went round that Zambia’s debt burden is bigger than previously thought. President Hichilema disclosed the fact that the UPND Alliance had inherited an "empty treasury" from the Patriotic Front (PF) government which is why a serious series of intensive audit will be carried in order to know how deep the hole is.

Press Statement After The Approbation Of Zambia's First Female Speaker, Nelly Mutti & Two Deputy Speakers

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Nelly Mutti

We just concluded the Approbation of our Country's First Female Speaker, Nelly Mutti and two Deputy Speakers.

Madam Speaker Nelly Mutti will be assisted by Attractor Chisangano, the First Deputy Speaker and Mr Moses Moyo, the Second Deputy Speaker.

The trio have a mammoth task ahead. The Executive as an arm of government guarantees the Legislature its independence in executing its duties. Our emphasis is that our country should never make laws against the people but for the people and the people must decide what becomes law through their elected representatives.