STANBIC Bank has launched a coding program at Northmead Primary school with the aim of driving technological innovation at the institution.
The program will enhance the drive of Science, Technology, Engineering and Mathematics (STEM) in young learners and will help them enhance actions in computer literacy.
Stanbic Chief Executive Officer Mwindwa Siakalima during the launch at Northmead Primary School today said the digital learning age is here.
“The launch of the coding program aims at technological innovation and will assist pupils in knowing actions to perform when dealing with technology. As a bank, we decided to work with young learners to increase the STEM drive,” he said.
He said the coding program would benefit not only the young learners, but the the community at large and that the bank would provide the school with a technical mentor to help support the drive.
Ministry of Education National Science Centre senior Junior Engineers ,Technicians and Scientists (JETS) officer Anecetus Moonga said science is one of the most important subjects which helps drive innovation.
“The times we are in now demands for young learners to be innovative. Innovation is critical to the country and the skills of coding will be of great value to our country. Youths of Zambia will drive STEM as the fourth industrial revolution,” he said.
And the school head teacher Agness Lungu said the pilot program being launched will benefit the learners as they will gain knowledge in the fourth industrial revolution.
“Learners will develop knowledge of science related subjects. They will know how to code and will be provided with mentors. I urge the grade six learners to value the knowledge,” she said.
(Mwebantu, Thursday, July 14th, 2022)
ACC nab senior accountant, businessman
A LUSAKA based senior accountant has been arrested by the Anti-Corruption Commission (ACC) alongside a business man for possession of property suspected to be proceeds of crime.
Kasemuka Chiteta, a senior accountant stationed at police headquarters has since been charged with one count of possession of property suspected of being proceeds of crime.
ACC head of corporate communications Timothy Moono said in a statement that Kasemuka Chiteta on dates unknown but between 7th April, 2023 and 12th February 2024 in Lusaka District, concealed possession of a motor vehicle namely Toyota Landcruiser BAD4360 registered under the ownership of Chimuka Chibawe a Lusaka based businessman.
“In a similar development, the ACC has arrested and charged a Lusaka based businessman, Chimuka Chibawe of plot No. 136 C Kalomo road Chilenje” Mr Moono said.
He said Mr Chibawe has been charged with one count of Possession of Property Suspected of Being Proceeds of Crime contrary to Section 71 (1) of the Forfeiture of Proceeds of Crime Act No. 19 of 2010.
“Details of the offence are that, Chimuka Chibawe on dates unknown but between 7th April, 2023 and 12thFebruary 2024 in Lusaka, concealed possession of a motor vehicle namely Toyota Landcruiser BAD4360 registered under his names when the beneficial owner is Mr. Kasemuka Chiteta a Senior Accountant at Police Service Headquarters,” he said.
The pair has since been released on bond pending court appearance.
(Mwebantu, Thursday, 29th February, 2024)
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Delta Mines acquires 51% stake in Mopani Copper Mines in $1.1 billion deal.
DELTA Mines Plc, has concluded the acquisition of 51% shareholding in Mopani Copper Mines (MCM) translating into a US$1.1 billion investment into the mine.
In a statement, ZCCM-IH Corporate Affairs Manager Loisa Mbatha said ZCCM-IH will retain 49% shares in Mopani, with 3 out of 9 board seats while Delta will have 5 and government one seat
She said the approval was made during a Shareholder’s Extraordinary General Meeting (EGM) held in Lusaka last week.
“ZCCM Investments Holdings Plc (ZCCM-IH) shareholders have unanimously approved the Mopani Copper Mines Plc (Mapani) transaction where Delta Mining Limited (Delta), a subsidiary of International Resource Holdings (IRH), has agreed to acquire a 51% shareholding in Mopani for a total investment of up to US$1.1 billion,”she said.
ZCCM-IH Board Chairperson Kakenenwa Muyangwa said the transaction is a landmark achievement that delivers significant value to ZCCM-H, Mopani, and the Zambian people.
“It’s pleasing to note that IRH has committed to retain Zambian workers, including the management team, who will be complimented by new skills and expertise from Delta to facilitate the expansion of MCM production to 200, 000 tonnes per annum”, said Mr Muyangwa.
ZCCM-IH Board Director Phillippe Taussac who represents minority shareholders said that “the extinguishing of the Mopani $1.5billion debt that ZCCM-IH had guaranteed, will certainly lead to significantly improved financial performance for all ZCCM-H’s shareholders.
(Mwebantu, Tuesday, 27th February, 2024)