DAILY NATION Wednesday February 24, 2021

Page 1

OIL FIRMNATI TION OIL FIRM RAIDED MF TALKS Price ofK10 quisition shareholding of

done - Kaluba

EO, Mateyo Kaluba

Sudanese Finance Minister Jibril Ibrahim

Saturday March 10, 2018

Vol. 4. Issue 1917 Development Corporation (IDC) has said. TO P4

SUDAN DEVALUES CURRENCY IN EFFORT TO ACCESS DEBT RELIEF

dverts@gmail.com E-paper. dailynation.info/online 22. 61 percent in Marcopolo

Vol. 6. Issue 2830with an | Price The K10 | Saturday Januaryfloat,” 23,a2021 circular sent to banks said. new indicative rate is at 375 KHARTOUM - Sudan inflation rate in excess of 300 percent has sharply devalued its currency, to “unify” official and black-market exchange rates in an effort to overcome a crippling economic crisis and access debt relief.

pounds to the US dollar. The previous official rate was 55 pound to the Dollar while the black market rate was between 350 and 400 Sudanese pounds to the Dollar. The central bank will set a daily indicative rate in a “flexible managed

as shortages of basic goods and rapid inflation complicated a fragile political transition. The move had been expected late last year under an IMF staff monitoring programme that could lead to relief on Sudan’s estimated $60 billion in foreign debt but was held up by political uncertainty. - VOA

Banks and exchange bureaus are required to trade within five percent above or below that rate. The change on Sunday is a key reform demanded by foreign donors and the International Monetary Fund (IMF), but was delayed for months

NALUMANGO NOT Kasama RAIDED MP warns RUNNING MATE UPND chief ANGRY FARM - KAMBWILI

PURSUING JUSTICE AND EQU

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Vol. 6.

PURSUING JUSTICE AND EQUITY WITH INTEGRITY

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Issue 2761

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Vol. 6. Issue 2677 Wednesday February 24, 2021

Monday October 5, 2020

DAILY

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...in another mukula scam

E-paper. dailynation.info/online

Mr. Sampa

Mr. Mucheleka

PURSUING JUSTICE AND EQ

...in another mukula scam Vol. 6. Issue 2734

Price K10

“If truly Archbishop Telesphore Mpundu is trying to stop dedicated Christians from dedicating the country to Christianity, then that is sad and unacceptable because he does not hold the monopoly of wisdom,” Bishop Kaela said.

…apologise or else, …govt to ask No one Christian however powerful Mucheleka told By AARON CHIYANZO

Former Archbishop TELESPHORE MPUNDU

THERE is need for a serious marshall plan to exploit Gold reserves because Zambia is losing millions to illegal mining and exports of the mineral resource, a mining expert Edward Simukonda has said. Mr Simukonda said disciplined Zambia National Service (ZNS) officers and thousands of unemployed youth cadets already trained to defend national interests should be employed to replace illegal miners, most of them By SIMON MUNTEMBA funded by foreigners. To Page 3 By BUUMBA CHIMBULU T is unacceptable for former Archbishop Telesphore OVERNMENT will next month hold virtual Mpundu to think he holds meetings with the International Monetary

or educated can stop other Christians for extended ...APPOINTMENT AScountry UPND VEEP from dedicating the to theWILL NOT credit facility creatorJEOPARDISE in honour ofON-GOING Gospel values TALKS

[Page 4]

…no market for 42, 000 to I military resource to nt a ‘Marshall Plan’ COMMISSION Page ZESCO DE Enforce‘CONSTITUTE 20pc subcontracts wishers Kenyatta and3.Odinga banking KBF‘UPND contemptuous, Govt bans movement pledgeCONSPIRING to heal divisions INQUIRY TO Lungu PROBE ACC’ WITH saysonokay’ Lusaka lawyer ghost voters’ pigs in Isoka strictlyOF-ofPresident ent

Mvunga warns of cyber G risks in financial sector African Department,

the monopoly of wisdom and try to stop Christian from dedBy AARON CHIYANZO icating Zambia to Christianity, says Bishops Council of Zambia THE Bishop appointment secretary-general Able of Mutale Nalumango as UPND Kaela.

vice president does not Story on Page 3 make her an automatic running mate to Hakainde Mr Simukonda Secretary to the Treasury FREDSON YAMBA Hichilema, Chishimba Kambwili has said. Mr Kambwili, the NDC leader is on the verge of formalising an alliance and electoral pact with the UPND leader, Mr Hichilema which may result in him being the The two trucks the Scania from South Africa running mate.

Fund (IMF) to negotiate an extended credit facility, Secretary to the Treasury Fredson Yamba, said. THERE is need to address cyberhas risks

To Page 3

the financial sector because it is ROinSALASSIE.

one of the major challenges affecting the financial sector, Bank of Zambia Governor Christopher Mvunga has said. (P.3)

The two trucks the Scania from South Africa and the Freightliner (right), Zimbabwean registered where found laden with Mukula tree logs. [Pictures Linda Tembo Soko]

and the Freightliner (right), Zimbabwean registered where foundMsladen with Mukula Nalumango Mr Hichilema UPND vice president tree logs. [Pictures Linda Tembo Soko] - UPND president See story on Page 4

See story on Page 4 STORY ON PAGE 3

O ZULU NG Demolish structures ATA

TO PAGE 3

FARMERS will lose millions o income as they are stuck with of winter maize which they ca from which they expected to g This is because the governme them export the excess harvest The maize was produced at g irrigation, electricity and chemic Government asked farmers to 135, 000 tonnes when there wa in the country which led to hike prices. Under the agreement, farmers some of the maize after meeting But Government has not sanctio (To page 3) Mr Kambwili

IMF talks IMF talks on again on again Why has > 20 years' Expected Lifespan outdoors?

Because it contains double layer with the pale green outer layer and inner layer of> 2.3% Carbon Black - melt compounded into Polyethylene - to block and provide effective protection against the harmful effects of the Sun's Ultraviolet Rays Other features

Mr. Lusambo PRESIDENT Edgar Lungu has expressed

sadness by the deaths of two Catholic Priests, Father Charles Chilinda and Father Patrick Muyenga who died in Lusaka’s Maina Soko Military Hospital on Thursday.

- NDC See story onpresident Page 19

AFRITANK

Lungu mourns Priests Chilinda, Muyenga

By SIMON MUNTEMBA

PAGE 3

By KETRA KALUNGA

Mr. Lusambo

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Commonwealth DECLARE INTEREST, sidelines ZCID on MUKUNI dialogue preps CHALLENGED C3765-30-31

See story on Page 4

By SIMON MUNTEMBA

Demolish structures ConCourt must explain reveals contributing to To Page• Mwanakatwe 3 • Mwanakatwe reveals contributing to Chilanga vacancy - YALI floods - Lusambo floods - Lusambo P.4 talks set for April talks set for April P.4See story on Page 2 See story on Page 3 See story on Page 3 AFRITANK is the part of AquaSanTec group of companies, the

Ms Kapata

YOU KNOW IT’S TRUE!!

C6098

Most trusted brand in Kenya, Uganda, Rwanda, Zambia and South Sudan market, As a group over 30 years legacy in manufacturing of water storage tanks.

Senior Chief Mukuni

SENIOR Chief Mukuni should declare interest in matters surrounding the 1990 privatisation process as he is believed to have acquired shares in Sun International, Government deputy chief whip, Tutwa Ngulube has said (To page 3)

THEINTEGRITY PEOPLE’S PAPER; BUILDING THE NATION THE PEOPLE’S PAPER; BUILDING THE NATION WITH REAL ISSUES URSUING JUSTICE AND EQUITY WITH


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