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Zambia: Opposition FDD calls for creation of agric bank

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Zambian opposition party, the Forum for Democracy and Development (FDD), has called on the government to re-establish an agricultural bank in the country.

The party’s Information and Publicity Secretary, Caeser Liteta, who made the call in a statement on Wednesday, said it was important that government to set up an agricultural bank to provide financing for farmers to invest in irrigation facilities as a result of the drought being experienced in the country.

Liteta added that government should take stock of affected small scale farmers through the extension officers under the Ministry of Agriculture and ensure that a true reflection of affected small scale farmers was captured and prioritised as beneficiaries of farming inputs during the 2024 – 2025 farming season

“The UPND government must consider re-establishing a farmers’ bank similar to the defunct Lima Bank Limited to provide financing need to invest in irrigation facilities,” Liteta said.

He noted that the effects of climate change had become visible and more pronounced and it was high time President Hakainde Hichilema and his Cabinet considered re-establishing the farmers’ bank to help mitigate effects of climate change in the agricultural sector.

“The current Super El Nino being experienced in the country has devastating effects on the rainfall pattern and going by media reports, we may only have a few days of rainfall in the next five weeks, but sustained rainfall is finished for the 2023 – 2024 farming season, especially for farmers in Lusaka, Central, Eastern and Southern Provinces,” Liteta said.

Liteta stated that the FDD as a party, had taken effects of climate change seriously and, as a policy matter, had developed the soon to be adopted Environmental Strategic Plan that was centred on Agriculture, health and water and sanitation respectively.

“Through the programmes, our party hopes to mitigate effects of climate change in areas of agriculture, associated diseases and challenges in depleting sources of clean water both, rivers and boreholes.”

Metro

Aspiring journalist offers insights on media freedom and information access in Zambia

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Ireen Mundia, a student journalist, has contributed to the discourse on media freedoms, drawing from her internship experience at Byta FM radio in Choma.

Reflecting on her career, Mundia noted an improvement in Zambia’s media landscape, citing a lack of threats or harassment toward journalists or media institutions.

In an interview with Zambia Monitor in Choma, Mundia affirmed that she had not experienced harassment during her work and believed in the freedom to access information.

She defined media freedom as the right for journalists to obtain information without fear of intimidation, emphasizing its importance in conducting interviews and reporting.

“This is the freedom that gives us journalists to interview any person without fear of being harassed,” Mundia said.

However, she acknowledged challenges in accessing certain information, particularly from sectors like the police, health, and education, where individuals are often reluctant to speak without higher authority approval.

“So, there is certain information that is very strict, so I do not think they [news sources] can be able to give you such information unless if you are dealing with lighter information or issues.

“From what I have experienced if you are dealing with…let us say if you want to interview people in the police sector or health sector and teaching sector is where I found most challenges because you will find that most people in those sectors do no really come out and talk unless maybe someone who is higher in authority allows them,” she concluded.

Her insights highlight the paradox of journalists operating without harassment but facing obstacles in accessing crucial information necessary for news articles.

This story is sponsored content from Zambia Monitor’s Project Aliyense.

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Tinubu reportedly orders CBN to suspend unpopular cybersecurity levy after public outcry

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President Bola Tinubu has reportedly mandated the Central Bank of Nigeria (CBN) to suspend the implementation of a controversial cybersecurity levy which had led to public outcry, even as civil society groups threatened to embark on nationwide protests.

The order of the President,! which will also see a review of the levy, came on the heels of the decision of the Nigerian House of Representatives which asked the CBN to withdraw its circular directing all banks to commence charging a 0.5 per cent cybersecurity levy on all electronic transactions in the country.

The apex bank had, on May 6, issued a circular mandating all banks, mobile money operators, and payment service providers to implement a new cybersecurity levy, following the provisions laid out in the Cybercrime (Prohibition, Prevention, etc) (Amendment) Act 2024.

Going by the Act, a levy amounting to 0.5 per cent of the value of all electronic transactions will be collected and remitted to the National Cybersecurity Fund, overseen by the Office of the National Security Adviser (ONS.

In a circular issued by the bank, “financial institutions are required to apply the levy at the point of electronic transfer origination.”

“The deducted amount is to be explicitly noted in customer accounts under the descriptor “Cybersecurity Levy” and remitted by the financial institution.

“All financial institutions are required to start implementing the levy within two weeks from the issuance of the circular.”

The announcement of the levy was not recieved well by Nigerians with a lot of dissenting voices and opposition which has now forced Tinubu to ask for the suspension of its implementation.

According to sources in the Presidency, following a rejection of the levy by a large percentage of Nigerians and the fear of a breakdown of law and order, President Tinubu personally intervened and asked the CBN to suspend the levy pending its review.

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