xenophobic.

— Pope Francis is saddened by the xenophobic attacks on foreign nationals in Zambia, a country that is known for peace and stability.

xenophobic.Last week, over 65 shops belonging mostly to Rwandese living in the Zambian capital were looted after rumors that foreigners were involved in a spate of ritual killings that had hit the city in which victims were found with body parts missing. (THE POST)

— Zambians should be empowered to own banks and other financial lending institutions because there is too much externalization of funds by foreign banks.

Minister of Finance Alexander Chikwanda said if several financial institutions were owned by local people, the money will be retained in the country and help stabilize the exchange rate. (ZABIA DAILY MAIL)

— The Zambian government said preparations for the hosting of the African Development Bank (AfDB) annual meeting have reached an advanced stage, with cabinet constituting a Committee of Permanent Secretaries to oversee the preparations.

Secretary to the Treasury Fredson Yamba said a group of 10 experts from the AfDB are currently in the country to conduct a final assessment on Zambia’s preparedness to host its annual meetings.

The meeting, to be held from May 23 to 27 this year, would be attended by about 4,000 delegates, including some serving and former Heads of State. Other high-level delegates would be business leaders, academicians and civil society members. (TIMES OF ZAMBIA)

— The head of Zambia’s soccer governing body will lead relatives, fans and officials to commemorate 23 year since the Gabon air disaster that claimed 25 footballers’ and officials’ lives.

Football Association of Zambia (FAZ) president Andrew Kamanga will lay a wreath at the burial site where the national soccer team players and officials are buried west of Lusaka, the country’s capital near a stadium, the National Heroes Stadium.

On April 27, 1993, a plane that was carrying the Zambia national soccer team, officials and a journalist plunged into the Atlantic Ocean off the coast of Libreville, in Gabon, killing all on board. The national team was enroute to Senegal for a World Cup qualifier game. (TIMES OF ZAMBIA) Enditem

Source: Xinhua

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