Off the wire
Gold price closes higher in Hong Kong  • Top news items in major S. African media outlets  • HK stocks close 1.02 pct lower  • Interpol to gather in Bali to discuss terrorism, transnational crimes issues  • Syrian army reacts to advances of Turkish-backed rebels  • Foreign exchange rates in Hong Kong  • Preparations for cross-Strait peaceful development forum run smoothly: spokesperson  • Hong Kong stocks close 1.02 pct lower  • Roundup: Regional summits in Vietnam seek to build dynamic economic zone  • Iran unveils marine drone capable of launching suicide attacks  
You are here:   Home

Top news items in major Zambia media outlets

Xinhua, October 26, 2016 Adjust font size:

The following are news highlights in Zambia's major media outlets on Wednesday.

-- Indian private sector investment in Zambia has increased to about 4 billion U.S. dollars in 2016, up from 3 billion dollars recorded in 2015.

Among Indian firms operating in Zambia include India-Zambia Bank, Airtel Zambia, Tata Group of Companies, Vedanta's Konkola Copper Mines, among others. (Times of Zambia)

-- Zambian President Edgar Lungu said the Office of the Public Prosecutor should not be used to settle personal scores.

Lungu told the newly appointed Director of Public Prosecutions (DPP) Fulata Siyunyi, who becomes the first female to hold the position, that the office has in the past been abused by people who wanted to settle personal scores and that she should not succumb to such maneuvers. (Daily Nation)

-- The U.S. government says it will support the Zambian government as it considers an International Monetary Fund (IMF) bailout program.

U.S. Ambassador to Zambia Eric Schultz said that being the largest funder of the IMF, the United States will work to ensure that the program works in Zambia to help turn around the economy. An IMF team is expected in the country before the end of this month to discuss the bailout program for Zambia. (Zambia Daily Mail). Endit