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Zambia govt review regulations to attract more investment

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Zambia govt review regulations to attract more investment

Investment

Minister of Commerce, Trade and Industry Christopher Yaluma said this, adding that attracting more investment will only be achieved through facilitating the creation of an attractive and competitive investment incentives.

He added that the incentives structure will promote both local and foreign investment.

Speaking during an Investment Symposium held under the theme “Business Climate for Reinvestment’’, the Zambian minister said the government was committed towards creating and improving the business environment.

Yaluma said that the steps taken would attract investments and promote the growth of various businesses.

According to him, the implementation of the national industrial policy, national investment promotion strategy and the national trade policy and export strategy were some of the initiatives undertaken by the government to promote a positive investment environment.

Mary Ncube, Chairperson of the Zambia Development Agency (ZDA), the country’s investment agency, which organised the symposium, said well-structured and directed investment environment has potential to enhance economic development.

She further expressed optimism that Zambia was on track towards achieving a sound investment environment on the global market. (Xinhua/NAN)

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17 killed in tribal clashes in Eastern Sudan

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According to Sudanese Police’s Press Office, 17 people have been killed in the events in Port Sudan, while some were injured.

“Reinforcements from the police and central reserve police have been sent to the city to separate between Bani Amer and Al-Nuba tribes, ‘’ it said.

The statement noted that the forces sent to the city include five officers and 85 soldiers, pointing out that the total number of the forces on ground had reached 300 soldiers and 30 vehicles.

Earlier, Sudan’s Sovereign Council sent a delegation to Port Sudan to contain a deadly conflict that erupted in the area between the two tribes.

On Aug. 22, violent clashes erupted between members of Bani Amer and Al-Nuba tribes in Port Sudan, where fire arms and white weapons were used by the two sides.

The events of Port Sudan were considered an extension of similar previous confrontations that took place at a number of cities in Eastern Sudan, including Gadarif, Khashmal-Qirba and Kassala, between the same groups. (Xinhua/)

YI/AJA

Edited by Adeleye Ajayi

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Iran denies site hit by Israel in Syria

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Mohsen Rezaei, the secretary of Iran’s Expediency Discernment Council, dismissed as “lies“ the Israeli reports that Tel Aviv’s overnight air raids hit Iranian targets near the Syrian capital city of Damascus.

“This is a lie and is not true, the U.S. and Israel do not have the power to attack Iran’s centres and positions and the Zionist regime’s (Israeli) claims about targeting Iranian positions are lies,“ Rezaei said.

Israel’s army claimed that its air force struck Iranian sites in Syria to foil an Iranian drone attack on Israel.

Iran, however, said that it had since deployed advisory missions to Syria at the invitation of the Syrian government in its battle against the extremist militants. (Xinhua/)

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Williams-Sharapova U.S. Open duel electrifies tennis world

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Tennis

The duel between the two career grand slam winners is electrifying everyone even though the American Williams appears to be the big favourite on paper as she leads Russia’s Sharapova 19-2 in their head-to-head statistics.

“This is more than a tennis match. It is an event,’’ Britain’s Guardian newspaper said.

French Open champion, Ash Barty of Australia, said she couldn’t believe her eyes: “When I saw the draw, I kind of refreshed my feed and saw that first-round pop up’’.

Williams, 37, and the 32-year-old Sharapova are the biggest names and brands in the women’s game, both transcending the sport as icons.

But each player has also not enjoyed the same success as in the past since coming back from maternity leave in 2018 (Williams) and from a doping ban in 2017 (Sharapova).

Williams, who is chasing a record-equalling 24th crown at the majors, lost all three grand slam finals she contested since becoming a mother, the last two at Wimbledon and at the 2018 U.S. Open, against Naomi Osaka, amid turbulent circumstances.

Sharapova’s best grand slam result since her comeback is a French Open quarter-final berth from last year, after a walkover win against Williams in the last 16.

Her only two victories against Williams on the court came as a 17-year-old in 2004 when she dominated the trophy matches at Wimbledon and the WTA Finals.

Williams has won all following meetings, the last a 6-4, 6-1 demolition in the 2016 Australian Open quarter-finals.

The two former world number one players enter their first-ever U.S. Open duel amid injury doubts, with both suffering various ailments throughout the year.

Eighth-seed and six-time champion, Williams retired during the Toronto final against Canadian Bianca Andreescu, owing to back problems and then withdrew from the Cincinnati event for the same reason.

Five-time grand slam and 2006 Flushing Meadows winner, Sharapova was unable to compete at the French Open and retired in her first-round match at Wimbledon.

She is currently ranked a modest 87th.

But all those problems and concerns won’t stop the huge buzz when they step on the court at 7.00 p.m. (2300 GMT) Monday.

“Of course, I’m going to watch it.

“I know you all are going to watch it.

AIB

Edited by Abdulfatah Babatunde

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Trump ‘not happy’ but insists North Korea’s missile tests not violation 

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Insistence

Trump made this known to reporyers while sitting next to Japanese Prime Minister Shinzo Abe in the Basque coastal town of Biarritz at the G7 summit in France.

“I am not happy about it, but again he is not in violation of an agreement,” Trump said.

He noted that he received a “very nice letter” from the North Korean leader last week.

“I think in the end he will do the right thing. We’ll see. Maybe not.

”Maybe. But I think he’ll do the right thing,” the U.S. president added.

North Korea has embarked on a new series of missile tests in recent months, most recently on Saturday, when two missiles were into the sea off its eastern coast.

South Korea’s Joint Chiefs of Staff confirmed the latest test, the seventh such launch in less than a month.

The missiles were launched in the morning from the eastern city of Sondok and flew some 380 kilometres, according to the Joint Chiefs of Staff.

They were thought to have been two short-range ballistic missiles.

North Korea, on the other hand, described the equipment tested as a “newly developed super-large multiple rocket launcher”.

State media said Kim personally oversaw the launch and praised the weapons system’s developers.

The reports gave no further details on the purportedly new weaponry.

In Biarritz, Abe disagreed with Trump on the legality of the tests, saying through an interpreter that “the launch of short-range ballistic missiles by North Korea clearly violates the relevant UN Security Council resolutions.

“It was extremely regrettable for us to experience another round of the launch of the short-range ballistic missiles by North Korea in recent days.”

Pyongyang says its current tests are in response to joint military exercises conducted between the U.S. and South Korea.

The annual manoeuvres have been a source of tension in the past.

The U.S. and South Korea ended the exercises earlier this week.

Pyongyang and Washington are currently trying to relaunch stalled talks on North Korea’s nuclear weapons programmes and economic sanctions.

Trump and Kim met in June in the Demilitarised Zone between the two Koreas and agreed to restart talks.

That meeting came after a second summit between the leaders in Hanoi in February failed to yield a deal on North Korea’s nuclear disarmament and the reduction of sanctions.

YEE

(Edited by Emmanuel Yashim)

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Hong Kong police fire water cannon on protesters for first time

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Cannon

Two crowd-control vehicles were dispatched after protesters earlier took control of a major road, where thousands stood behind barricades and shielded themselves from police tear gas with umbrellas.

The vehicles chased protesters for several hundred metres before they dispersed into surrounding side streets and a nearby mall.

Tseun Wan is best known for its tower-block housing estates and new office blocks, but on Sunday its streets descended into chaos as protesters threw a number of petrol bombs and bricks at riot police.

A police officer fired a gun into the air at around 8.00 p.m. (1200 GMT) after he was surrounded by eight to 10 protesters, according to a district council protest monitor.

The clashes were some of the most intense yet in Hong Kong since protests began on June 9 against a legislative bill that would have allowed for criminal extradition to mainland China, which has a separate legal system from Hong Kong.

Protesters braved the heat and smog on Saturday, only to march through intermittent heavy rains on Sunday.

As demonstrations enter their 12th week, protesters said they are still as determined as ever to protest against the government as they see themselves taking a last stand against political repression from China.

“It’s a last chance.

“I think the government’s control will be tighter and tighter and I don’t think they will let loose, so this could possibly be our last chance to fight,’’ said protester Phoenix Ip, who attended a police-sanctioned march through western Kowloon with her two-year-old son and husband.

“I’m pretty pessimistic about the future – but we still have to try.

“At least we tried for our next generation,’’ she said.

Hong Kong is a former British colony that returned to Chinese rule in 1997, and its unique identity and semi-autonomous status remain important rallying points for protesters.

Many believe the city has seen a decline in civil and political rights since the failure of the 2014 democracy protests known as the Umbrella Movement.

“China doesn’t want to lose Hong Kong, they want Hong Kong to become part of China and act like Chinese people who just follow what the government tells them,’’ said protester Chevron Hor.

“I don’t think anyone wants to see that happen.’’

While China is yet to signal whether it will intervene with its military or police in Hong Kong, Beijing has put renewed pressure on Hong Kong companies to condemn anti-government protests.

Earlier this week, the MTR Corporation, which runs Hong Kong’s subway system, received an injunction against protesters.

It said it may also suspend service without warning to stations where violent clashes occur.

Service at stations near Saturday and Sunday’s protests was also suspended.

The announcement follows commentary in Chinese state media accusing the MTR of colluding with protesters after extra trains were sent to help residents leave a violent protest in July.

AIB

Edited by Abdulfatah Babatunde

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