Power and Politics

Govt ‘fights’ ERB over electricity tariff hike, Capital market closes quarter at K102.67 billion; see our top 10 stories of the week


In case you missed them, here are our top 10 stories of the week:

1. The Energy Regulation Board (ERB) did not consult government before approving electricity tariffs and this has not settled well with the State.Read more…

2. Total savings in Zambia’s capital markets closed the first quarter of this year at K102.67 billion driven by the increase in the market price of shares listed on the Lusaka Securities Exchange PLC. Read more…

Read more: Fuel price hike sets tone for hard times, ZESCO begins power imports; see our top 10 stories of the week

3. Former President Edgar Lungu caused a stir in Lusaka’s Central Business District on Thursday as traders and residents cheered his name, while others whistled and motorists honked in solidarity as he strolled through the area. Read more….

4. Amos Chanda, a former Presidential Press Aide in the Edgar Lungu administration, has been sentenced to 12 months in jail with hard labour for stealing court documents, which he is said to have later destroyed.Read more…

5. Former president of Economic Association of Zambia (EAZ), Lubinda Haabazoka, has challenged government to reverse the increased electricity tariffs that were approved by the Energy Regulation Board (ERB) if they claim that they were never consulted. Read more….

6. Cabinet has announced the suspension of the 15 percent import duty and five percent surtax on maize imports, reducing them to zero. Read more…

7. The Edgar Lungu-led Patriotic Front (PF) says it will not impose the former president on Zambians and the party members across the country. Read more…

8. Lusaka Magistrate, Chrispin Hampungani, has expressed concern over the growing mistrust in hospitals due to the criminal act of child stealing, noting that some women were now opting for home births, resulting in a rise in maternal deaths. Read more…

9. The courtroom was still as witness Vanessa Shikapwasha recounted the chilling moments leading up to the shooting of her father, former Zambia Air Force commander, Ronald Shikapwasha, and its aftermath. Read more….

10. Chishimba Kambwili, appearing ill and wheelchair-bound before the Lusaka Magistrates’ Court, was detained on Thursday after Patriotic Front (PF) faction president, Miles Sampa, withdrew as his surety. Read more …

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