Deadline Day:

…Where will Patson Daka end up?

By MICHAEL MIYOBA

THE transfer window comes to a close today with a number of clubs expected to finalise the signing of new players before midnight.

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While many clubs use the deadline day to beef up their squads, many Zambians will follow the deadline day with so much enthusiasm as they hope to see top striker Patson Daka move away from Leicester City.

Since the transfer window opened, Daka has been linked with a number of clubs, among them, Premier League outfits in FC Bournemouth, Everton and Italian giants FC Roma.

Daka, who has been named in the Chipolopolo squad set to regroup on September 4 for the AFCON qualifier against Comoros has also been linked with a move to Premier League side Burnley who are the latest to be linked with an interest in the Zambian ahead of today’s transfer deadline.

Daka has found game time hard to come by so far this season. The Zambian was included on the bench for the first two games of the campaign against Coventry City and Burton Albion, but has since been left out of the squad for the last three fixtures.

After Bournemouth’s interest in Daka diminished, Burnley are reported to have submitted a bid for the former Red Bull Salzburg striker who made 36 appearances in all competitions last season, scoring four goals and providing four assists, but most of the appearances came from the bench.

Daka has had competition from club legend, Jamie Vardy and Nigeria’s Kelechi Iheanacho for the one striker position available in City’s starting line up and has made no appearance in City’s last five games in the Championship.

After Leicester City coach Enzo Maresca signed eight new players, the latest being the promising 19-year-old Ghanaian striker Abdul Fatawu who has joined on a season-long loan from Sporting Lisbon, there seem to be no future for Daka at the King Power Stadium.

With less than 24 hours remaining before the transfer window closes, it remains uncertain where the 2017 young African footballer of the year will end up.

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PETROL TO COST AT LEAST K30

By NATION REPORTER 

THE price of petrol has been increased to K29.42 while that of diesel has been adjusted to K26.88, the Energy Regulation Board (ERB) has announced.

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ERB Board chairperson Renolds Bowa` announced that petrol has been adjusted to k29.42 while diesel has been adjusted to k26.88 and Jet A1 at K26.24 per liter.

Petrol was selling at K25.7and now will be selling at K29.42, Diesel was K23.36 and now will be selling K26.88 and Jet A1 was at k22.56 and now will selling at 26.42 effective midnight.

MR Bowa has attributed the upward adjustment to depreciation of kwacha and the increase of crude oil price on international market.

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Multilateral Corporations evade tax through informal sector

By BUUMBA CHIMBULU in Dakar

THE Third African Conference on Debt and Development (AfCoDD III) taking place in Senegal has learnt that multilateral corporations in Africa are using the informal sector to evade tax, leading to loss of revenue by governments.

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This came to light on Yesterday during a panel discussion dubbed “An overview of emerging schools of thought and dynamics in debt discourse in recent time and significance of research” the side line of the AfCoDD III.

One of the panelists, Chenai Makumba, Tax Justice Network Africa Executive Director, said the multilateral companies were using the informal sector to evade tax, a situation she pointed out to be one of the reasons African countries were having challenges to raise domestic resources.

Ms Makumba regretted that this situation had hampered efforts by governments in Africa to raise domestic resources.

She, therefore, suggested the need for governments to put in place mechanisms that would prevent abuse of legislation by multilateral corporations.

“Need to look at the structure of our economies, many of them have informal services and governments are struggling how to capture these informal services sector.

“Certain companies usethe informal sector to evade taxes, these are corporates hiding behind the informal sector that we need to target. Africa is losing about US$90 billion on annual basis due to revenue loss,” Ms Makumba said.

She also emphasised on the need for governments to enhance efforts in taxing the informal sector in growing the tax base.

Ms Makumba pointed out the inability of African countries to raise domestic resources as one of the reasons the continent had found itself in debt situation.

During the same discussions, Briggs Bomba from Trust Africa said the moment had come for African to think about big ideas that would transform the continent.

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Scientists set out to transform cancer treatment with more accurate radiotherapy

NPL scientists have worked on a range of projects that are set to significantly improve the accuracy of a type of radiotherapy treatment called proton beam radiotherapy. The benefits of this therapy include more precise targeting of cancer tumors without damaging surrounding healthy tissue. It massively minimizes the unpleasant side effects of radiotherapy, particularly in the case of pediatric patients, including cardiac failure, pulmonary fibrosis, and secondary cancers.