PRICEWATERHOUSECOOPERS (PwC) says Zambians will feel the impact of the 2027 national budget through higher Value Added Tax (VAT), increased PAYE for high-income earners and a rise in mobile money transaction levies. PwC says although some of the tax increases may appear small, their combined effect will put additional pressure on households and businesses. PwC has also urged government to develop a clear, time-bound plan to settle the K60 billion in outstanding VAT refunds. Last Friday, Finance Minister Dr Situmbeko Musokotwane presented a K284.8 billion national budget for 2027, up from K253 billion in 2026, with government targeting K233.7 billion in domestic revenue. The proposed tax measures include increasing VAT from 16 percent to 16.5 percent, raising the top PAYE...