CHINESE Ambassador to Zambia Li Jie says it is not true that the China has bought some public properties belonging to the Zambia government as collateral in an event that the host country defaulted in repaying its debt.
Speaking at a press briefing in Lusaka yesterday, Jie said most of the Chinese loans given to Zambia are interest free as the two countries enjoy bilateral relations with most deals on a win-win agreement.
“I think it is unnecessary to worry about the development of the bilateral corporation. According to some people, we will increase Zambia’s debt burden. China follows three principles in a corporation with Zambia and African countries when we talk about loans or the provision of financial resources. China adheres to the principle of no attachment of political inclinations,” Jie said.
He said China will always respect the will and the needs of its Zambian counterparts as well as Africa.
He said it was not true that China had bought ZNBC, ZESCO and KK international airport.
“The allegations are totally groundless. ZESCO is a company of Zambia, ZNBC is a corporation of Zambia and KK International Airport is a corporation of Zambia. China has its role with the three projects and programs mentioned. For ZESCO it’s clearly a very close partner for the provision and construction of energy of this country and it has very good working relationship with Chinese companies which are taking the technical and business programmes with ZESCO as a stakeholder of the project,” Jie added.
And Jie said China supports Zambia with interest free loans.
“We support Zambia with interest free loans provided by the Chinese government. We also have preferential loans to Zambia which we call the soft loans. The interest rate is very low around two to two percent, and another one is the import and exports soft loan with also very low interests,” said Jie.
UN system in Zambia closes temporarily after seven of its staff members and dependents tested positive for COVID-19
THE United Nations (UN) has temporarily closed all its premises in Lusaka to visitors and personnel for a period of 14 days after seven of its staff members and dependents tested positive for COVID-19.
And UN National Information Officer Mark Maseko says the closure is meant to strengthen prevention measures against the virus in
Maseko said the United Nations in Zambia has been operating on a reduced physical footprint for all its premises since the activation of its Business Continuity Plan (BCP)
in March 2020, in response to the COVID-19 outbreak.
Maseko said since the start of the outbreak, all UN agencies continued their operations in support of Zambia’s development and humanitarian priorities, in the implementation of the Government COVID-19 Multisectoral Contingency and Response Plan, with many of its personnel working under partial or full-time telecommuting.
He said despite implementing all the health measures put in place to prevent the contamination in the workplace, a cumulative total of four (04) UN personnel and three (03) UN dependents tested positive for COVID-19 as of 1 August 2020.
“Against this backdrop, the United Nations will temporarily close all its offices in Lusaka to its
personnel, visitors and the majority of contract workers for a period of 14 days effective 3 August in line with its BCP and in consultation with the national authorities,” said Maseko.
He added that the closure will facilitate necessary additional preventive, protective and tracing measures following a rise in
the number of cases in the UN family in order to mitigate and prevent contamination risks in
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President Lungu congrats PF for winning 10 of the 15 by-elections conducted in North Western, Western and Luapula Provinces yesterday
PRESIDENT Edgar Lungu has congratulated the ruling Patriotic Front (PF) for winning 10 of the 15 by-elections conducted in North Western, Western and Luapula Provinces yesterday.
And President Lungu has also congratulated the five candidates from the opposition political parties who won the elections.
In a statement issued by Special Assistant to the President for Press and Public Relations Isaac Chipampe, the President has also commended all parties for their peaceful conduct during
the campaigning and the voting.
“This is as it should be. At the end of the day we are one, no matter the political differences and the different political parties sponsoring us,” President Lungu said.