Connect with us

Politics

President Kagame departs for Rwanda

Published

on

VISITING Rwandan President Paul Kagame has left Zambia for his country after launching the Sustainable Development Goals (SDG/C) sub centre for Africa in Lusaka.

President Kagame, who is the chairperson of the Sustainable Development Goals Centre for Africa, was in Zambia for a working day visit and left the Kenneth Kaunda International Airport at about 14:00 hours aboard a Presidential challenger.

On hand to see off the Rwandan Head of State was Foreign Affairs Minister Joseph Malanji and his permanent secretary for International Cooperation and Relations, Chalwe Lombe.

Others were Rwandan High Commissioner to Zambia, Monique Mukaruliza, Lusaka province permanent secretary, Elias Kamanga, Zambian senior government officials including the Patriotic Front (PF).

Before departure, President Kagame and his entourage were treated to a quarter guard mounted by the Zambia Army and some traditional dances performed by Zambian cultural troupes.

Earlier in the day, President Kagame joined President Edgar Lungu and other international and local delegates who attended the launch of the Centre.

During the launch, President Lungu told the delegates that the successful implementation of the SDGs, is likely to address challenges of poverty and unemployment in member states.

The launch, which brought together over 200 government officials, international organisations, development financing institutions and experts from southern Africa and beyond, discussed, among other issues the major themes relevant to SDG implementation in Africa with focus on the sub-region.

The SDGC/A is an international organization that supports government, civil society, businesses and academic institutions to accelerate progress towards the achievement of the Sustainable Development Goals in Africa.

(Credit: ZANIS)

 

Politics

Zambia has NOT defaulted on any of its foreign debt, Permanent Secretary, Mukuli Chikuba says 

Published

on

MINISTRY of Finance Permanent Secretary, Mr. Mukuli Chikuba has emphasized that Zambia has not defaulted to any of its creditors on its foreign debt.

Speaking in interview Mr. Chikuba said the action taken by government to seek a six months debt repayment suspension was to promote transparency and understanding among EuroBond holders.

“We have paid the debt service repayment due to the EuroBond.” He said.

“Our debt repayment service to the $750million Eurobond was bond two days ago.” He said.

He said Zambia like many other countries, have been impacted economically negatively by the pandemic.

“We have been impacted negatively by the Covid-19 pandemic.” He said.

In April,2020, the World Bank’s Development Committee and the G20 Finance Ministers, endorsed the Debt Service Suspension Initiative (DSSI) in response to a call by the World Bank and the IMF to grant debt-service suspension to the poorest countries to help them manage the severe impact of the COVID-19.

Mr. Chikuba said to this effect, Zambia has applied for the Deby Service Suspension Initiative (DSSI) to the Paris Club to address the challenges that has come with the Covid-19 pandemic.

He said the action done by government was to encourage transparency and has taken the initiative to commercial creditors too.

He said hovernment has reached out to the banks and commercial creditors such as the EuroBond holders, to agree on the debt repayment service schedule and seeka six months suspension.

He said after the Notice was deposited on Tuesday, the process will begin on 29th October 2020 to obtain consesus from the EuroBond holders so as to achieve a collaborative agreement on the debt service schedule.

Continue Reading

Politics

Zambia-Djibouti deepen bilateral relations 

Published

on

ZAMBIA and Djibouti have pledged to deepen bilateral and multilateral relations and cooperation.

Presenting his Letters of Credence to the President of Djibouti, His Excellency Ismail Omar Guelleh, His Excellency Amb. Emmanuel Mwamba said Zambia recognises that Djibouti holds one of the world’s busiest shipping lanes of the world and plays a key role in promoting trade and commerce.

Mr. Mwamba stated that His Excellency President Edgar Lungu had placed emphasis on economic diplomacy and the diplomatic role of Djibouti was paramount to Zambia and Africa.

And President Ismail Guelleh said he was looking forward to visiting Zambia.

He said he last visited Zambia in 2007 and spent time at the Victotia Falls.

He also said Africa continues to take pride in Zambia’s first President and pioneer of the Organization of the African Unity(OAU) and now African Union(AU), Dr. Kenneth Kaunda.

He wished Dr. Kaunda good health and continued long life.

Earlier Mr. Mwamba held a meeting with Djibouti’s Foreign Affairs Minister, Hon. Mahmoud Ali Youssouf where they discussed aspects of deepening bilateral and multilateral cooperation.

Mr. Youssouf said Djibouti appreciated the role Zambia played in SADC and the African Union.

He said Zambia was a peaceful and model country that was bringing new ideas and fresh dynamics to the development of the continent through COMESA and other multilateral institutions.

He further hailed Zambia’s Tourism sector that many African countries, including Djibouti would pick lessons from.

This is according to a press statement, Mrs. Inutu Mupango Mwanza, First Secretary (Press and Tourism) in Addis Ababa,
Ethiopia.

Continue Reading

Politics

Amb. Mwamba presents Letters of Credence to the  State of Djibouti

Published

on

ZAMBIA’S Ambassador to Ethiopia and Permanent Representative, His Excellency Emmanuel Mwamba is in the State of Djibouti to present Letters of Credence for his accreditation on behalf of His Excellency President Dr. Edgar Chagwa Lungu.

Mr. Mwamba started the process by meeting Djibouti’s Foreign Affairs Minister, His Excellency Mahmoud Ali Youssouf.

Mr. Mwamba is expected to meet the President of Djibouti, His Excellency Ismaïl Omar Guelleh.

Mr. Mwamba is accredited to Ethiopia, Somali, Sudan and Djibouti.

He is also the Permanent Representative tothe African Union(AU) and to the United Nations Economic Commission for Africa (ECA)

This is according to press statement issued by Mrs. Inutu Mupango Mwanza,
First Secretary (Press and Tourism).

Continue Reading
Advertisement
Advertisement

Foxdale Forest – Phase 2 Selling

ZAMBIA: COVID-19 STATS

23 Sep 2020, 1:39 AM (GMT)

Zambia Stats

14,389 Total Cases
331 Deaths
13,629 Recovered

Mwebantu on Facebook