Bruce Mwale

Financial Intelligence Centre – FIC has vowed to root out financial crimes in the country. FIC Director General Mary Tshuma says there is need to step up measures in the fight against financial flows. FIC Director General Mary Tshuma speaking at the conference She said this at the FIC second annual conference on Anti money laundering and countering the financing of terrorism and other financial crimes.  “As you may be aware, criminal activity is more sophisticated than ever, the impact of financial crimes is vast, but the effects go deeper than simple economics. The full cost of financial crime weight on normal people. The sick children, and elderly who do not receive essential treatment; lives lost but cutting corners and using substandard building material” Ms Tshuma said. “We must make Zambia a hostile environment for financial crimes “she added. Ms. Tshuma says while Zambia has enabling legal framework on anti-money laundering there is need to be more vigilant in the

Zambia construction industry continues to record a steady growth over the years. This growth has largely been driven by public infrastructure programmes and private investment. Data shows that in 2012 the sector contributed about 13 percent to the economy and about 15 percent in 2014, that is in terms of GDP. The industry has positively contributed to this growth in terms of income for the nation and the participating entities as well as the number of jobs created. The construction industry has also become a big employer of micro-firms. However, the construction boom has been added at the expense on the environment, as the industry is a high consumer of natural resources such as raw materials hence the need for construction guidelines as International Labour Organisation, representative, Ezarar Sakala outlines. At the launch of the environmental impact assessment guidelines for the construction sector, ZEMA Board Chairperson Dani Banda observed that the guidelines will imp