Zambia News

ACC arrest owners of infamous 48 houses

The Anti Corruption Commission (ACC) has arrested and charged Ministry of Finance Accountant Charles Loyana and his wife Susan for concealment and possession of property suspected to be from corrupt practices.

ACC Spokesperson Queen Chibwe has confirmed the development in a statement.
Ms. Chibwe says the flats are valued at over K37 million kwacha.

She says Charles and his wife Susan Sinkala an Assistant Accountant at the Ministry of Works and Supply have since been released on bond and will appear in court on December 14.

In Other News: Fuel price hike inevitable

Financial Expert, Blessings Kafwanka has charged that upward adjustment of fuel prices is inevitable.Zimbabwe fuel increase

Mr. Kafwanka says cost-reflective fuel prices will help to free up resources to other productive sectors of the economy. Zambia Chamber of Commerce and Industry says...Learn more

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