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Showing posts from May, 2022

Prudential plans big for clientele

...It has partnered with CAREPEAK to mamage chronic diseases By Francis Maingaila  Lusaka - 20 - 05 - 22 - (Zambia24) - Prudential life Assurance has partnered with CAREPEAK Specialist Clinic to manage chronic diseases that the clients in the country. Prudential Managing Director Kachiza Kwenda in the speech read on his behalf by Milimo Sikoobwe told journalists during the loch held at Grand Palace Hotel in Lusaka that the program is targeting all the 45 000 clients Prudential Life Assurance has across the country.  Sikoobwe said the Prudential Life Assurance has always been eager to offer initiatives that provide solutions to clients. One such initiative is to partner with CAREPEAK Specialist Clinic in Lusaka which has to suffer financial loss due to frequent hospital visits to seek redress associated with their chronic diseases on them. He observed some challenges in managing clients who are exploited in hospitals in terms of being overcharged and given the conditions which ...

Monetary Policy Rate maintained at 9.0%

The Central Banks says  the Committee also took note of the positive efforts to implement fiscal consolidation measures, relatively weaker growth prospects over the medium-term, including the lingering vulnerabilities and risks to the financial sector.  By Francis Maingaila  Lusaka-18-05-2022 - (Zambia24) - he Monetary Policy Committee (MPC) has decided to maintain the Monetary Policy Rate at 9.0 percent.  Bank of Zambia governor Dan Kalyalya told journalists at a media briefing that the decision to mantain the MPR was made at its latest meeting held on May 16 to 17. In arriving at this decision, Dr. Kalyalya said the Committee took into account the continued deceleration in inflation and its projected further decline towards the 6-8 percent target range by the end-2023.  According to Dr. Kalyalya, the Committee also took note of the positive efforts to implement fiscal consolidation measures, relatively weaker growth prospects over the medium-term, including th...

Tone dawn on accusations

Sikota advised the new dawn administration to focus on developmental issues Lusaka - 16-05-22 - (Zambia24) - Lawyers representing Chanda Kabwe have advised the new dawn administration to focus on developmental issues that follow speculative issues running in the minds of the people. Sakwiba Sikota told journalists in an interview that it was a waste of time for the ACC to summon his clients for questioning over the case which they did not understand. He said his client was not arrested and or given a formal warning and caution to indicate that an arrest is likely to take place shortly. He asked the journalists to go and ask the ACC investigators because he did not understand why Chanda Kabwe his client summoned in the first place. He said is no need for the government to use the ACC to continue following cases that do not exist. He wondered why the ACC wanted Chanda Kabwe to appear before the investigators for questioning because there is nothing meaningful that was recorded from the i...