Friday, December 18, 2020

ONO SAVINGS AND CREDIT ASSOCIATION INVESTORS TO GET THEIR MONEY

The Drug Enforcement Commission (DEC) and the Bank of Zambia (BoZ) have made substantial progress in the matter regarding Ono Savings and Credit Association (OSCA) as A plea agreement has been concluded with the promoters of OSCA pursuant to which the seizure of the accounts has been lifted by DEC following a directive from the Director of Public Prosecutions (DPP).

Under the Plea Agreement, Ono Savings and Credit Association has been ordered to pay the investors the money they deposited into the company inclusive of interest.

OSCA is also required to recover the loans owed to the entity.

Other terms of the Plea Agreement include the requirement for Ono Savings and Credit Association to periodically report to the Anti-Money Laundering Unit of the Drug Enforcement Commission and to the National Prosecutions Authority (NPA) on the status of its obligations under the said agreement.

Members of the public with claims are advised to contact Ono Savings and Credit Association.

The Drug Enforcement Commission and the Bank of Zambia have called on the promoters of Ono Savings and Credit Association to comply with all the terms of the Plea Agreement and ensure that the interests of investors are duly protected.

And the issue regarding Comsave, the matter is still under consideration by the Director for Public Prosecutions.

The statement has been issued by the Public Relations Unit of the Drug Enforcement Commission and the Communications Division of the Bank of Zambia.

In July this year The Drug Enforcement Commission (DEC) in collaboration with the Bank of Zambia has seized the accounts of Comsave Credit Union (Comsave) and ONO Savings and Credit Association (OSCA) for alleged Money Laundering offenses.

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Monday, November 30, 2020

ATPSUZ HAILS THE 8 PERCENT SALARY INCREAMENT FOR WORKERS

 



The Agriculture Technical and Staff Union of Zambia (ATPSUZ) says looking at the prevailing economic fundamentals coupled with the covid19 pandemic, the 8 percent salary increment for public service workers is justifiable.

Union General Secretary Joe Kamutumwa notes that the negotiations came at a time when there is a serious crisis of the coronavirus pandemic.

Mr. Kamutumwa has underscored the need for the sector to rise above the challenges and save the economy.

Mr. Kamutumwa believes agriculture is a vital sector towards economic recovery which can enable the country to earn foreign exchange.

In the meantime, he has noted that the issue of unfreezing of frozen positions in the miniseries of livestock and fisheries and agriculture is very critical as it will go a long way in motivating their members.

He says the exercise will have multiplier effects on other conditions of service such as addressing the issue of acting positions.

"The Union is more more than ready to work with the two ministries to help in ironing out most of the grievances facing our members," says Mr. Kamutumwa.

The Union leader has since called for the review of the farmer's input support program and the electronic voucher system in view of changing times. 

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Tuesday, September 22, 2020

THE RHINO STRATEGY CAN HELP TOURISM GROWTH IN ZAMBIA

 


By Patrick Soko 

The World Wide Fund for Nature (WWF) in Zambia is calling on the government to fully implement the National Rhino strategy as increased Rhino populations will also support tourism sector growth. 


WWF Zambia Country Director Nachilala Nkombo has also appealed to the government to ensure that the 2021 National budget provides clear resourcing for the protection of endangered species such as the Black Rhino by ensuring that implementation of the national rhino strategy can be realized. 


She anticipates that the 2021 budget will respond to building stronger resilience for our tourism sector, given the impacts and shocks suffered as a result of the C-19.


The WWF Zambia Country Director says given the importance of protecting this species, all critical stakeholders, and the general public needs to provide an enabling environment for the species to thrive.  


She said this in a statement to mark the commemoration of the World Rhino Day that falls on 22 September each year

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#GANGS DEFUSED IN #JOHN #HOWARD WARD 3

 


The picture is just for illustration purposes

Chawama Constituency’s John Howard Ward 3, Councillor Kafula Mutale has affirmed commitment towards defusing the emerging gang culture in the area to ensure the safety of residents.

John Howard Ward 3 has in the recent past been infiltrated by gangs that fight each other, and in the process threaten the peace, security and tranquillity that the residents of John Howard enjoy.
Some community members have been caught up in these gang brawls where they have lost cellphones, wallets, handbags and other personal effects.

Following correspondence to the office of the area councillor, Mr Kafula Mutale, the civic leader quickly constituted a team, dubbed “John Howard Community Joint Operations Committee” (JHCJOC), to fight the scourge.

Mr Mutale has told 5fm news that this team has tirelessly worked to demobilize and dismantle the gangs in record time.

“The gang members of the dismantled gangs are being integrated into the community by way of forming cooperatives of like-minded youths so that they can do something positive to change their livelihood.

This initiative is being supervised by a youth community leader under the office of the councillor.

He says He has influence over these once wayward youths and is able to manage and shepherd them into doing some desirable things for themselves, and indeed the community at large,” he said.
Some of the gangs were called: Swaggie, Ndembo Ndembo Lion, Smackdown and Sevente.

However, it must be noted that gangs are many in other wards in Chawama hence the need for Police interventions to ensure security in the constituency cannot be overemphasized.

5FM NEWS 22/09/2020


Friday, August 14, 2020

The #Presspoet Demo Project #launched Tiled #Covid19





Featuring #PresidentEdgarLungu #ChishimbaKambwili #HakaindeHichilema #HarryKalaba and #DrChitaluChilufya.


Tracks Like this one on various NationalTopics will be released on a weakly basis once My Manager concludes Modernities with INCA Studios.

Open for suggestions to make the Idea Massive.

The Pictures and soundtrack are illustrations and acting Purposes the owners Reserve the Rights.


#presspoet2020