News

THE KWACHA

Zambia’s kwacha reversed some of its previous week’s losses against the U.S Dollar but remained rather shaky as demand for the dollar is likely to creep back as we progress into the month. Importers are likely to come in and snap the relatively cheaper dollar on the market. Kwacha ended…

Foreign Exchange News

LuSE Daily Summary The LuSE All Share Index closed at 6,036.74 points down by 0.03% from yesterday’s index of 6,038.45 points.Price movements were recorded in PUMA – (K0.01) and LAFARGE – (K0.01) respectively. Trading activity was also recorded in CEC, ZANACO ,ZSUG and FQMZ.A total of 13,489,506 shares were transacted…

Kitwe City Council (KCC) has demolished houses

THE Kitwe City Council (KCC) has demolished houses constructed on illegally allocated plots and arrested 32 people involved in the activity in Kitwe’s Mindolo township. In the early morning raid, a combined team of officers from the Zambia Police Service and KCC stormed Mindolo near the Chingola road cemetery and demolished several…

Suspensions and illness hit Nkana

Nkana have been hit by suspension and health setbacks ahead of their 2014 CAF Confederation Cup Group B tie against Tunisian side Etoile du Sahel. The Zambian side visits Etoile on June 7 away in Sousse on match-day three of the CAF Confederation Cup group stage. Nkana will be without…

What shall we say, then? Is the law sinful? Certainly not! Nevertheless, I would not have known what sin was had it not been for the law. For I would not have known what coveting really was if the law had not said, “You shall not covet.”