If the mines find the new tax regime unbearable, they must pack and go, says Wusakile independent member of parliament Pavyuma Kalobo. But the Zambia Chamber of Mines says it’s the mining tax policy inconsistency that is frustrating the investors, warning that even if the mining firms wholly comply with the new tax regime, government...

Cavmont Bank Limited has dragged Muvi Television Limited and 34 of its employees to Court, demanding immediate payment of over K500,000 in outstanding personal loans. The bank which is further seeking for damages and interest, has sued Paul Sinyangwe and Gershom Mwale on behalf of the other 32 Muvi TV employees. In a statement of...

UPND Secretary General Stephen Katuka says party members must engage him before commenting on the opposition alliance to avoid confusion. In a statement, Katuka assured alliance members that his party was committed to the fundamental principles on which it was formed. “We have time and again called for a collective political front for the sake...

Minister of Home Affairs Stephen Kampyongo says government will not take kindly to anybody or any political party perpetrating violence in the areas where by-election campaigns are taking place. Kampyongo appealed to all political parties taking part in the ongoing campaigns in Sesheke constituency and Munkomba Ward in Lundazi District to refrain from any form...

In the 2019 national budget, the Minister of Finance proposed a few changes to Zambia’s mining tax regime. As well as introducing a 1.5 per cent increase in mineral royalty rates, Margaret Mwanakatwe also imposed a 5 per cent import duty on copper concentrates and a 15 per cent export duty on precious metals. Mwanakatwe...

First Quantum Minerals Limited (FQML) hit a record-breaking 605,853 metric tonnes in copper production last year, preliminary data shows. According to a news release issued by the mining giant, data shows that FQM recorded a staggering 605,853 metric tonnes in copper production in 2018, up from 573,963 tonnes produced in 2017. Data reveals that FQM’s...

Anti-Voter Apathy executive director Richwell Mulwani says the Electoral Commission of Zambia (ECZ) should not hesitate to defer the February 12, parliamentary by-election in Sesheke Constituency once an assessment shows that the electorate will not vote freely due to the on-going electoral violence in the campaigns. And Mulwani has called on the Police Command in...

First Quantum Minerals’ (FQM) Sentinel Copper Mine in Kalumbila District was disrupted by a work stoppage on Friday and Saturday on suggestions that conditions of service had either been changed or reduced. Kalumbila Minerals Limited (KML), the FQM subsidiary, however, warned that disciplinary action would be taken against employees who failed to resume work following...