"The GOAT Media Centre"

Zambia’s capital markets record strong growth in Q2, but fraudulent schemes targeting investors are on the rise. By Francis Maingaila Lusaka, Zambia24. 19, 2025 – Securities and Exchange Commission (SEC) Chief Executive Officer Phillip K. Chitalu says Zambia’s capital markets recorded strong growth in the second quarter of 2025, posting major gains in market capitalisation, investor participation, and collective investment schemes, while warning of rising fraudulent schemes targeting the public. Chitalu told journalists in Lusaka that market capitalisation grew by 15% to K296.2 billion, pushing the Market Capitalisation-to-GDP ratio to 53.1%.  The figure already exceeds the 2027 Capital Markets Master Plan target of 30%, bringing total savings in the market to K304.4 billion, or 55% of GDP. He, however, cautioned that the market remains heavily concentrated in Shoprite Plc, which accounts for more than 60% of Zambia’s equity market.  “Excluding Shoprite, the market capitalisat...

Students demonstrate superior knowledge and teamwork to clinch the top prize at the event. Lusaka, August 17, 2025 – Students from Texila American University Zambia (TAUZ) were crowned champions at the Zambia National Medical Quiz held yesterday at the University of Zambia Ridgeway Campus, in a competition that tested medical knowledge, teamwork, and quick thinking. The quiz, organized by the National Medical Quiz in partnership with 1 Day Africa, attracted top medical students from some of the country’s leading institutions, including Cavendish University, University of Zambia (UNZA), Levy Mwanawasa Medical University, Apex University, Mulungushi University, and Eden University.  Over several challenging rounds, TAUZ students consistently outperformed their peers to secure the coveted first-place title. Dr. Paul Chibwe, President of the Resident Doctors Association of Zambia (RDAZ) and Guest of Honour at the event, commended all participating universities for nurturing the next ge...

Federation says new limits on drugs and lab tests make adequate treatment harder, demands fair play By Francis Maingaila Lusaka, Zambia, (18 August 2025) - The Health Care Federation of Zambia (HFZ) has raised concerns over delayed payments and tariff challenges under the National Health Insurance Scheme (NHIS), warning that the situation threatens the survival of private health facilities. HFZ President Dr. Desai Shaileni said the private sector has played a critical role in delivering healthcare since being accredited under the scheme in 2021, but operational difficulties have made service delivery increasingly unsustainable. “Since the roll-out of NHIS to private facilities, citizens have benefited immensely, with hundreds of thousands accessing quality healthcare outside public institutions. Our members have diligently served the people of Zambia despite several impediments,” Dr. Shaileni said. He explained that NHIMA, created in 2018 to manage the scheme, committed to paying healt...

Muvombo Warns Against CBPP Threat to Animal and Human Safety By Francis Maingaila ♥️  Lusaka, Zambia – 18 August 2025 The Muvombo Development Initiative (MDI) has backed the Ministry of Fisheries and Livestock’s controversial decision to slaughter 70 cattle in Kalomo District, warning that failure to enforce animal health laws could expose both animals and humans to catastrophic risks. Addressing journalists in Lusaka, MDI Managing Director Winter Muvombo said the destruction of the cattle—though painful for farmers—was unavoidable under the Animal Health Act because the animals were illegally moved from a quarantined CBPP-infected zone in Moomba, Kazungula. “We cannot allow emotions to cloud the bigger national interest. CBPP is a deadly disease, and once it spreads, it can wipe out entire herds and destabilize rural economies. Protecting the national herd also means protecting human survival, food security, and public health,” Muvombo stressed. CBPP: A Silent but Deadly Threat CB...

PF leader endorses Mukobela for Matero, praising his commitment to results and service over self-interest. By Francis Maingaila  Lusaka, Zambia24 – 16 August 2025 – Patriotic Front (PF) President Robert Chabinga publicly endorsed United Party for National Development (UPND) Matero hopeful Evans Mukobela at Radisson Blu Hotel on Saturday morning. Chabinga described Mukobela as a leader who “embodies integrity, vision, and dedication to the people of Matero,” adding that his decision was based on Mukobela’s record of service and community development. “I have followed Evans Mukobela’s work closely,” Chabinga said. “He prioritizes the needs of the people over party politics. His initiatives in education, healthcare, and local economic development have already made a difference. Matero needs leaders who deliver results, not just promises.” Chabinga added, “Leadership should transcend party lines. Evans has shown the ability to unite people and mobilize them for development. That is why...

 Secretary to the Cabinet makes an unannounced visit, exposing gaps in communication and workflow while putting daily operations to the ultimate test. By Francis Maingaila ♥️ The Secretary to the Cabinet, Patrick Kangwa, today made a surprise visit to the Ministry of Lands to assess the implementation of its service charter, a key public service tool designed to enhance transparency, efficiency, and accountability by outlining the standards of service citizens should expect and reinforcing government institutions’ commitment to delivering timely and quality services. Speaking during a high-level coordination meeting, Kangwa acknowledged the efforts of ministries in preparing comprehensive service delivery documents but expressed concern that many of these remain unused.  “We have done a very good job in consultations and producing documents, but these often end up on the shelf. We have come here to get them out, put them on display, and ensure that the systems function so that...