Free Republic

The flight of money from Egypt has become a growing concern as many wealthy individuals seek to move money out of Egypt and keep their fortunes out of the eyes of the authorities. The Zambian Drug Enforcement Commission (DEC) intercepted an aircraft carrying five million dollars in cash and over 100kg of suspected gold at Kenneth Kaunda International Airport near the capital Lusaka on August 14, according to several sources. Found on the plane were $5,697,700 in cash, five pistols, seven magazines, 126 rounds of ammunition, 602 pieces of suspected gold weighing 127.7 kg, and equipment for measuring gold. Later,...

Zambian Hopeful Takes a Swing at ChinaPresidential Challenger Stirs Resentment at Asian Power’s Growing Influence in AfricaBy Joseph J. SchatzSpecial to The Washington PostMonday, September 25, 2006; A16LUSAKA, Zambia — Making a living is never easy in Kamwala, the cramped, grimy but bustling marketplace in downtown Lusaka, where Nally, a middle-aged mother of five, has been selling clothes out of a small wooden stall for the past 15 years.But things took a turn for the worse, she said, when the Chinese moved in down the block a few years ago.Chinese retailers operating in Kamwala have undercut her prices and lured...