Hichilema Brushes Off Paradise Papers Link

Opposition UPND President Hakainde Hichilema has brushed off insinuations that his being named in the world famous Paradise Papers that discloses secretive overseas arrangements for high profile global citizens amounts to illegality. The disclosure of 13.4 million previously-secret documents ties … Continued

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Opposition UPND President Hakainde Hichilema has brushed off insinuations that his being named in the world famous Paradise Papers that discloses secretive overseas arrangements for high profile global citizens amounts to illegality. The disclosure of 13.4 million previously-secret documents ties major companies and political figures to secretive overseas arrangements. The majority of the leaked Paradise Papers come from Appleby, which specialises in offshore accounts. Hichilema said on his appearance on Let the People Talk that his involvement as director in 2006 of a Bermuda Company, AfNat Resources Ltd was a mark of entrepreneurship. His stint at as director lasted for five months before he resigned. The company was incorporated in 2005 and explored for nickel and other metals in Zambia and other African countries. “I am actually very pleased with that document because it outlines that there is no illegality, they are just revealing information which may be held and that information is not a secret Axmin is a Canadian company which bought the company from the stock Exchange in London. London stock Exchange has various windows if I may use that terminology,†he said. “One of the windows is what you may call the main window, the other window is what small businesses go to list their called Alternative Investments Market, and it’s called AiMs, it is part of the London Stock Exchange. How can information on the London Stock Exchange be a secret?†Hichilema said the information was in public domain and nothing illegal as the generators of the global story had indicated. “I was reading through that document myself, it is basically very clear saying there is nothing illegal about that and it links so many people like the queen of England, the Canadian Prime Minister and several other people including the current Secretary of State of the United States of America. People decide to invest here and there legally not illegally, there is no tax dodging,†Hichilema said. “You can read the document again. I am actually very pleased with that document because it outlines clearly that there is no illegality [but] they are just revealing information which may be held and that information is not a secret.†Hichilema said that it was one of the ways of raising money that could be brought back in Zambia cheaply. “This is what I want to do when we form government, raise money out in the London stock exchange where the cost of money is lower. The cost of money is cheaper on that market and bring it to Zambia and invest in a ranch so that we can produce beef and help to improve the nutrition value of citizens and also help create jobs so that we can invest some of that money through our credibility internationally be able to help citizens get a job from an investment made here but money sourced outside which is cheaper,†he said. The post Hichilema Brushes Off Paradise Papers Link appeared first on Zambia Reports.

source: Zambia Reports

Opinion: Concourt Could Benefit from Incessant Attacks

Funny that Constitutional Court judges should come under fire from all sides of the Zambian political divide. Note that they are a bunch of individuals with no platform to respond to the criticism being lumped on them. On one hand … Continued

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Funny that Constitutional Court judges should come under fire from all sides of the Zambian political divide. Note that they are a bunch of individuals with no platform to respond to the criticism being lumped on them. On one hand the opposition United Party for National Development (UPND) has labelled them corrupt and incompetent. UPND president Hakainde Hichilema has labelled judges by name as corrupt and has demanding for their removal from the bench. While this was going on the ruling party was gleefully taking in this spectacle demanding their adversaries respect the independence of the judiciary? But now the judiciary has been hit on a different angle by President Edgar Lungu also hinting at possible unprofessionalism on the part of the Constitutional Court. So what is the Constitutional Court to do? Perhaps this provides an opportunity for the Constitutional Court to stand for the law. It could be an opportunity to do the right thing and avoid being trapped between praise and censure by either side of the political divide. Doing the right thing may endear themselves only to the most important side of their trade which is justice. Judges after all must not be seen to side with either party of the political divide but be at the service of justice and the law. It could appear that this opportunity presented would help the judiciary extricate itself from political manipulation. After all they are serving in an environment where they get severely criticized for any decision they make. They are dealing with a thankless bunch that only welcome decisions that favour them. A fierce sense of justice must be the guiding the principle in arriving at a decision. This however, may not be as easy as a stroll in in the park as they learnt when they ruled that ministers and their deputies had remained in office illegally after the dissolution of parliament. While the whole country applauded them for their steadfastness in implementing the law to the letter they lost favour among some politicians. To date that matter remains unresolved with the former ministers refusing to refund the money they illegally received during the period they served illegally. This presents a test case of how hard sticking to the law is going to be for the people entrusted with interpreting the law. But these things were never meant to be easy. Constitutional Court judges may have just got the hint that it is time to rise above politics and do the right thing. if the cant make either side happy they might as well make the citizenry happy by correctly dispensing justice. The post Opinion: Concourt Could Benefit from Incessant Attacks appeared first on Zambia Reports.

source: Zambia Reports

Journalist Smells Sabotage in FAZ’s 5 months Delayed Disciplinary Action

A Copperbelt based journalist has punched holes in the recent delayed rulings by the Football Association of Zambia (FAZ) that has redefined the league standings before the close of the season. Clinton Masumba has tabulated how the belated decisions announced … Continued

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A Copperbelt based journalist has punched holes in the recent delayed rulings by the Football Association of Zambia (FAZ) that has redefined the league standings before the close of the season. Clinton Masumba has tabulated how the belated decisions announced by Football House has thrown into disarray an almost certain promotion to the Super Division of Kitwe United following a boardroom decision to grant points to Kansanshi Dynamos. Masumba puts in perspective how decisions coming five months late by FAZ threaten the credibility of the game in Zambia. BELOW IS THE FULL POSTING: Kitwe United Soccer fans hurting as boardroom decision drops them to second on the table while Lusaka residents make fun of their Mayor, all in a day! While social media went buzz with pictures of Lusaka Mayor asleep in his comfortable chair, it has been a sad day for some soccer fans around Kitwe. Division One Zone Two, was at the centre stage of controversy as the Football Association of Zambia (FAZ) Disciplinary Committee made a ruling that has overturned tables. All eyes have been on Kitwe United and Kansanshi Dynamos as two sides seemed favourites of who qualifies to the super league. Kitwe United had done their home work by beating FQM Roads to go top of the table on 59 points while Kansanshi Dynamos remained second on 57 following a one all draw against Copperbelt Buffaloes over the weekend. Before the weekend games the two sides were tied on 56 points, however there was a ruling in waiting that involved Kansanshi Dynamos and Indeni. On 6th May, 2017, Indeni Football Club beat Kansanshi Dynamos 2-0 but it was discovered that Indeni had used an ineligible player in Mathews Simbeye who was initially registered by Chambishi Football Club. With Kitwe United comfortably waiting to finish business in Luapula against Zesco Luapula, their dream to win promotion now looks shuttered with all their efforts ending to nothing. FAZ Disciplinary Committee made a ruling awarding Kansanshi Dynamos three points via a 3-0 scoreline, a ruling that has seen them go top of the log in division one zone two with a game remaining. The ruling was as expected but the timing was wrong as one of the involved sides is chasing promotion to the super league. Kitwe United fans have been left frustrated as they drop to second while Kansanshi Dynamos fans are in an exciting mode as they await to play Ndola United in their final match at home and a win will see them join Lumwana Radiants in the super league coming from North Western Province. To wait this long to rule over this matter is absolutely unacceptable on the part of the Zambian FA because the impact is beyond unbearable. Further delays have been observed in the super league as FAZ appeals committee has failed to deal with the week one match involving Lusaka Dynamos and Power Dynamos. The poor management of the league gives a clear indication that FAZ need to de-link itself from the management of the league. While Lusaka Residents are unhappy with their Mayor, Kitwe residents are unhappy with the Zambian FA’s delayed ruling! The post Journalist Smells Sabotage in FAZ’s 5 months Delayed Disciplinary Action appeared first on Zambia Reports.

source: Zambia Reports

Govt Halts Illegal Gold Mining in Eastern Province

The unacknowledged gold mining activity in Eastern Province has been exposed with government suspending some mining licences in the region. Mines Minister Christopher Yaluma said the government had moved in to close mines in the province that had been illegally … Continued

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The unacknowledged gold mining activity in Eastern Province has been exposed with government suspending some mining licences in the region. Mines Minister Christopher Yaluma said the government had moved in to close mines in the province that had been illegally mining Gold in Eastern Province. Yaluma said that illegal gold mines were operating outside the law forcing government to step in and suspend some licences. The minister said it was aware of illegal gold mining activities in Nyimba, Petauke, Vubwi, Luano and Rufunsa. Illegal mining is common in the Zambian mining industry with investors not declaring some of the minerals mined. The post Govt Halts Illegal Gold Mining in Eastern Province appeared first on Zambia Reports.

source: Zambia Reports

The Renewable Energy, New Coal and Gas-to-Power IPP Programmes in SA – Quo Vadis?

[Daily Maverick] South Africa’s energy sector is at the crossroads in an uncertain and incoherent policy environment caused by the self-induced chaos of the Jacob Zuma administration, with three ministers of energy in 2017 alone, and further political …

[Daily Maverick] South Africa's energy sector is at the crossroads in an uncertain and incoherent policy environment caused by the self-induced chaos of the Jacob Zuma administration, with three ministers of energy in 2017 alone, and further political change likely after the ANC's elective conference in mid-December 2017. By CHRIS YELLAND.

source: AllAfrica News: South Africa

Principal Agent Network Created to Get ANC Back in Power in Western Cape – Pauw

[News24Wire] Jacques Pauw, author of the book The President’s Keepers , says he has been told the State Security Agency’s (SSA) Principal Agent Network (PAN) was created to get the African National Congress (ANC) back into power in the Western Cape.

[News24Wire] Jacques Pauw, author of the book The President's Keepers , says he has been told the State Security Agency's (SSA) Principal Agent Network (PAN) was created to get the African National Congress (ANC) back into power in the Western Cape.

source: AllAfrica News: South Africa

Former Nedbank Employee Arrested After Guard Stabbed At Head Office

[News24Wire] A disgruntled former Nedbank employee, who had been fired three years ago, allegedly stormed into the bank’s head office in Sandton and stabbed a security guard, the bank said on Tuesday.

[News24Wire] A disgruntled former Nedbank employee, who had been fired three years ago, allegedly stormed into the bank's head office in Sandton and stabbed a security guard, the bank said on Tuesday.

source: AllAfrica News: South Africa

Actress Claims She Was ‘Innocent Bystander’ in ‘Eating Cash’ Viral Video

[News24Wire] The SAPS said it was looking into the authenticity of a video reportedly showing actress Jessica Nkosi and another local actress flashing wads of cash with a man.

[News24Wire] The SAPS said it was looking into the authenticity of a video reportedly showing actress Jessica Nkosi and another local actress flashing wads of cash with a man.

source: AllAfrica News: South Africa

Declassified – Apartheid Profits Singapore – Pretoria’s Gateway to Asia

[Daily Maverick] This is the 15th article in the series, ‘Declassified: Apartheid Profits’. While researching the recently published book Apartheid Guns and Money: A Tale of Profit, Open Secrets collected approximately 40,000 archival documents from 25…

[Daily Maverick] This is the 15th article in the series, 'Declassified: Apartheid Profits'. While researching the recently published book Apartheid Guns and Money: A Tale of Profit, Open Secrets collected approximately 40,000 archival documents from 25 archives in seven countries. This treasure trove contains damning details of the individuals and corporations that propped up apartheid and profited in return. Many of these documents were kept secret until now. Most remain hidden despite South Africa's transition to democra

source: AllAfrica News: South Africa