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World Bank urges Zambia to stop setting maize price

File: Peasant farmers wait for the Food Reserve Agency to buy their maize The World Bank has urged Zambia to rethink its maize policy in the agriculture sector. In a statement Wednesday, World Bank ...

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The Monetary Policy Committee has maintained the BoZ Policy Rate at 9.0%

Bank of Zambia The Monetary Policy Committee met today the 31st May 2012 to review recent economic developments and assess the upside and downside risks to the end-year inflation target of 7.0%. ...

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President Sata’s remark about “allowing little corruption”...

MINISTER of Justice Sebastian Zulu Justice Minister Sebastian Zulu says President Michael Sata’s statement yesterday during the signing of the trilateral agreement on the hosting of the UNWTO ...

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Santos and Zambian Presidents Analyse Bilateral Relations

Luanda - The presidents of Angola and the Republic of Zambia, Jose Eduardo dos Santos and Michael Sata, respectively, Thursday in Luanda analysed the state of bilateral relations. During a one-hour ...

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Government invites people with information that Oil supplier Trafigura is...

Indeni Oil Refinery in Ndola The Ministry of Energy Energy Permanent Secretary, George Zulu invited people with information about allegations that the Trafigura is involved in corrupt activities in ...

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UEFA bans Bursaspor for failing to pay the fee for Collins Mbesuma

Flashback Mbesuma signing mutual consent contract to leave Bursaspor in 2007 The Union of European Football Associations (UEFA) has suspended Turkey Super Lig side Bursaspor from European ...

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DIARY-Southern & South Africa to March 2013

There are many reasons for being angry with Africa ’s strong men, whose autocratic ways have thrust some African countries back into the eye of the storm and threatened to undo the democratic ...

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Zambia's draft constitution fails scrutiny

Critics say the Zambian constitution-drafting process has been intrinsically flawed. (Jerome Delay, AP) A draft constitution for Zambia released last month by a government-appointed technical ...

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DHL employees in Kitwe have down tools

DHL employees in Kitwe have downed tools, demanding a pay increase and improved conditions of service.The DHL employees are demanding for 100 per cent salary increment. Their salaries range from K2 ...

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Chungu maintains probe call, Bank of Zambia has not disputed any misconduct...

Former Access Financial Services Director Aaron Chungu has maintained that government needs to probe the financial dealings at the company which is now in liquidation. Mr Chungu says none of the ...

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RB in Zambia, defends Judiciary and Police warn UPND members over suspended...

Former President Rupiah Banda Former Republican President, Rupiah Banda has come to the defence of the heavily criticized country's judiciary. Mr. Banda, whose close associates have been a ...

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African Markets - Factors to watch on June 1

NAIROBI, June 1 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. - - - - ...

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UPDATE 1-Zambia picks Barclays, Deutsche for debut Eurobond

LONDON May 31 (Reuters) - Zambia, Africa's biggest copper producer, has selected Barclays and Deutsche Bank as book runners for a debut $500 million, 10-year Eurobond, the finance ministry ...

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Zambia ex-president's son arrested

Lusaka - Zambia's police have arrested the son of former President Rupiah Banda on suspicion of receiving bribes from an Italian construction company, a police spokeswoman said on ...

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President Sata officially commissions Levy Mwanawasa Stadium, promises 10...

The New Ndola Stadium renamed to Levy Mwanawasa stadium President Michael Sata this morning commissioned the Levy Mwanawasa Stadium. President Sata thanked the Chinese government for putting up an ...

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BOZ forms sensitisation committee on Kwacha rebasing

Bank of Zambia The Bank of Zambia (BoZ) has formed a committee called the Information Public and Awareness Committee to sensitize the public on the rebasing of the local currency. BoZ Assistant ...

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Guy Scott appeals to China to help resolve youth unemployment in Zambia

Guy Scott The Vice President guy Scott has said that Zambia is looking for help from developed countries to resolve her unemployment problems. Guy Scott said that advanced countries such as the ...

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UN Chief sees potential in North-western province

A man displays his catch from Kabompo River United Nations (UN) Resident representative, Kanni Wignaraja, has described North-Western province as a haven for high developmental potential in various ...

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Elephants rumble, Zambians stumble

Cte d'Ivoire coach Sabri Lamouchi had two UEFA Champions League winners in his side and both Kalou and captain Drogba got on the scorer's sheet as the Elephants proved too strong for the ...

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WRAPUP 1-Soccer-Drogba scores as Ivorians win World Cup opener

CAPE TOWN, June 2 (Reuters) - Didier Drogba was again among the goals as the Ivory Coast led a list of former finalists in a winning start to World Cup qualification but new African champions ...

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