Connect with us

Mobile

I will assent to the Cyber Security and Cyber Crime Bill 2021, President Edgar Lungu says

Published

on

PRESIDENT Dr Edgar Chagwa Lungu, says he will assent to the Cyber Security and Cyber Crime Bill 2021.

The President says he is awaiting the submission of the Bill by Parliament and as soon as this is done he will assent to it.

“If the Bill is submitted today as I have been intimated to by some colleagues, by Friday we will have the Law in place. And once that happens, we thank God and we hope that those charged with the responsibility of enforcing the Cyber Security and Cyber Crime law will do so without fear or favour,” said President Lungu.

The President said this when a team of Cyber Hygiene Zambia officials, led by its Chairperson and Founder Captain Solomon Shakele and flanked by Cyber Security goodwill Ambassador Thokozile Muwamba, paid a courtesy call on him at State House this morning.

The President said: “l am happy to welcome you to State House and I further encourage you that your cause is not in vain. As you very well know the Cyber Security and Cyber Crime Bill legislation has passed. I am just waiting for the submission of the document and the Statute by Parliament and as soon as this is done, of course I will sign promptly.

President Lungu said by law, he is supposed to reject the Bill and return it back if it is not acceptable in his assessment of the interest of the people.

“But I am sure Parliament did justice to the Bill by interrogating each and every section or clause. So, I am inclined to believe that the job will be easier for me to simply appraise myself and then sign,” the President said.

And President Lungu is deeply saddened by the continued cyberbullying in the country which has caused suffering resulting in the death of some people.

“The same way that people walk freely on the streets, we must feel safe using the internet and its related applications. A lot of goodwill can come out of the cyber space but we don’t seem to use it properly, “said the President.

The President extended his congratulations to the team for completing the Awareness walk successfully and pledged support to the organisation.

And Captain Muwamba, a jet fighter pilot in the Zambia Airforce bemoaned moral decay especially among the youth. “Your Excellency, you wonder how a person brought up in a proper home can use social media to insult adults. ”

She added: “Zambia is a Christian Nation and such vices must be ended. ”

Captain Shakele described the team’s 11-day-Awareness walk against Cyberbullying and fake news from Lusaka to Livingstone, a 485 kilometre distance, as having achieved its objective.

Captain Shakele said his team had received tremendous support from the President and Government and recalled how they were extra motivated when President Lungu called Captain Muwamba to urge her on during the walk.   The team comprised seven other members.

This is according to a statement issued by Special Assistant to the President Press and Public Relations Mr. Isaac Chipampe.

(Picture by Eddie Mwanaleza/State House)

Advertorials

How to Buy USDT on the TRON network in Zambia

Published

on

By

Since their creation and use, cryptocurrencies are known for their volatility. But, amongst the crypto coins that are gaining popularity and tackling the problem of cryptocurrency volatility, Tether was introduced in 2014 and became USDT later on.  USDT because it is pegged to the U.S. dollar which does not change much in value.

What is USDT?

USDT is a blockchain-based cryptocurrency whose crypto coins in circulation are backed by an equivalent amount of traditional fiat currencies, like the Dollar, the Euro, or the Japanese Yen, which are held in a designated bank account.

It was specifically designed to bridge the gap between fiat currencies and cryptocurrencies and offer stability, transparency, and minimal transaction charges to users. It is pegged against the U.S. dollar and maintains a 1:1 ratio with the U.S. dollar in terms of value.

Why is USDT useful?

Tether is useful for crypto investors because it offers a way to avoid the extreme volatility of other cryptocurrencies.

Transaction cost: Having USDT (as opposed to the U.S. dollar, Euro or Yen) removes transaction costs and delays that impair trade execution within the crypto market.  With the COVID-19 repercussions, banks in Zambia are trying to attract more customers and stay in business though their fees and rates are relatively exorbitant. However, using USDT, Zambians get the opportunity to shy away from the banking fees as well as exchange rate margin that are charged by banks depending on the foreign currency.

Safe Haven Asset: USDT has a value that is designed to be stable over any period. This feature makes it an ideal safe haven asset because, unlike cryptocurrencies like Bitcoin that can fluctuate dramatically in price every day, an individual using stablecoins to store value see no risk of loss, especially because they have full custody of their asset.

Remittance: Cross-border payments and remittances are very real problems that Zambian emigrants face when trying to send money home. A World Bank report argues that Africans have to pay as high as $12 for any $100 sent home. If remittances are a major source of income for most African homes, it will be beneficial to have the cost of the transactions reduced to the advantage of the beneficiary populations.

The good news is that Zambians and other residents now have a safe platform to trade USDT with the ZMW at the best rates. Moreover, USDT on Yellow Card is available on the Tron network (TRC-20) which offers cheaper network fees to transfer your usdt between wallets.

How Do I Buy USDT in Zambia on Yellow Card?

To buy USDT on Yellow Card, follow these steps:

  1. Sign up for a Yellow Card account
  2. Fund your wallet with ZMW. You can add money to your wallet using bank transfer, SPENN or Airtel and MTN mobile money. To fund your account with kwacha:
  • Tap on Deposit
  • Select your preferred payment method
  • Entire the desired amount you want to deposit
  • Confirm the details of your deposit
  • Tap continue then confirm.
  1. Buy USDT on the TRON network. Just follow the steps below:
  • Tap on USDT
  • Tap on Trade
  • Tap on Buy
  • Enter your desired amount
  • Tap continue then confirm.

How Do I sell USDT in Zambia on Yellow Card?

You can also sell USDT on Yellow Card. Log in to your account and follow these steps:

  1. Tap on USDT
  2. Tap on Trade
  3. Tap on sell
  4. Enter your desired amount
  5. Tap continue
  6. Tap confirm

Once you have sold your USDT, you can easily withdraw your kwacha to your bank account or through SPENN.

Conclusion

Cryptocurrency enthusiasts in Zambia can trade USDT using Yellow Card services. Escaping the volatility of other cryptocurrencies and protecting your finances against inflation is an opportunity no one should miss.

Start trading USDT

Continue Reading

Mobile

President Edgar Lungu has assented into law the Cyber Security and Cyber Bill of 2021

Published

on

PRESIDENT Dr Edgar Chagwa Lungu, assented into law the Cyber Security and Cyber Bill of 2021.

President Lungu signed the Bill into law on Tuesday, 23rd March, 202 1 and hoped the law will bring sanity in the way the internet is used in Zambia.

“This is purely to protect citizens from abuse by people who feel they can do or say whatever they want using the veil of cyberspace. This law is aimed at protecting all Zambians, including those who are against it,” President Lungu said.
The President said the Bill was brought to his office and he scrutinised it before he assented to it.

“l could not have signed it if I was not convinced it is for the good of all Zambians. I have read through and it is perfect, ” he noted.
The objects of the Bill are to—
(a)           ensure the provision of cyber security in the Republic;
(b)           provide for the protection of persons against cyber crime;
(c)           provide for child online protection;
(d)           facilitate identification, declaration and protection of critical information infrastructure;
(e)           provide for the collection of and preservation of evidence of computer and network related crime;
(f)            revise the admission, in criminal matters, of electronic evidence;
(g)           provide for registration of cyber security services providers; and (h) provide for matters connected with, or incidental to, the foregoing.
The Bill is now earmarked for printing at Government Printers.

Meanwhile, President Lungu has noted politician Chishimba Kambwili’s apology and accepted it in the true Christian spirit.

The President said what matters is someone’s actions and deeds after one apologises for the wrongs they have done.

This is according to a press statement issued to Mwebantu by Mr. Issac Chipampe, Special Assistant to the President for Press and Public Relations.

(Picture:FILE)

Continue Reading

Business

Facebook removes more than 8 fake Mwebantu pages, admins reported to police

Published

on

Facebook on Tuesday said it removed more than 8 fake accounts, pages that were spreading “fake” news and impersonating authentic and verified Mwebantu Facebook page.

Facebook stated that the pages were removed for what they term “coordinated inauthentic behaviour” on the social media platform in Zambia. The false pages had become aggressive with fake news, cyberbullying and online fraud.

“This kind of behaviour is not allowed on Facebook under our misrepresentation policy because we don’t want people or organizations creating networks of accounts to mislead others about who they are, or what they’re doing,” a Facebook official said.

The authentic Mwebantu Facebook page has a blue tick that shows that it has been verified by Facebook authorities, with over 1.5 million followers in Zambia and beyond.

Mwebantu has grown to have over 2 million followers on Social Media and is regarded as Zambia’s leading Social news and advertising platform.

Mwebantu is grateful to the Zambia Information and Communications Technology Authority (ZICTA) and Facebook Regional team for helping remove fake Mwebantu Facebook Pages.

Continue Reading
Advertisement
Advertisement
Advertisement

ZAMBIA: COVID-19 STATS

06 Dec 2022, 10:35 AM (GMT)

Zambia Stats

333,746 Total Cases
4,019 Deaths
329,690 Recovered

Mwebantu on Facebook