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BREAKING NEWS
Chinyemba wins gold as opponent pulls out
Stuart Lisulo
Stuart Lisulo is an experienced journalist with a focus on business news.Email: stuart [at] diggers [dot] news
18 Jul 2019
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Stuart Lisulo
If we can get fiscal fitness into the economy, we can get IMF deal – Ng’andu
Newly-appointed Finance Minister Dr Bwalya Ng’andu says as austerity measures begin to produce results, the gap between the Zambian government and the IMF will begin to close which can hopefully lead to clinching a programme.
17 Jul 2019
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Stuart Lisulo
Barrick hopeful of 2019 mining fiscal regime resolution
Barrick Gold Corporation president and chief executive officer Mark Bristow says the company is hopeful that a successful resolution will be found with the Zambian government on the 2019 mining fiscal regime. And Bristow says
11 Jul 2019
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Stuart Lisulo
ZRA pays KCM over K95m in tax refunds, to pay liquidator’s legal fees
The Zambia Revenue Authority (ZRA) has paid Konkola Copper Mines close to K100 million in tax refunds, money which the mining company has allegedly used in part to settle legal fees for the appointed provisional
8 Jul 2019
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Stuart Lisulo
Defer Sales Tax to Jan 1, Chamber of Mines urges govt
The Zambia Chamber of Mines has urged government to consider deferring the Goods and Services Tax (GST) to January 1, 2020, because implementing it after next month will be disruptive for the sector. And the
8 Jul 2019
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Stuart Lisulo
African parliaments need two-thirds majority to arrest reckless debt accumulation – Musokotwane
African parliaments must aggressively push for a two-thirds parliamentary majority to authorize contraction of new public debt to arrest the mounting crisis engulfing countries, says Liuwa UPND member of parliament Dr Situmbeko Musokotwane. And Dr
7 Jul 2019
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Stuart Lisulo
ZNFU cries foul over FRA’s K110 maize price
The Food Reserve Agency (FRA) have announced its maize purchase price of K110 per 50Kg bag for the 2019 crop marketing season, an increase by K40 from last season. But the Zambia National Farmers’ Union
2 Jul 2019
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Stuart Lisulo
Inflation jumps to 8.6%
The annual rate of inflation has leaped to 8.6 per cent in June, up from 8.1 per cent recorded in May, the highest on record this year so far, according to Central Statistical Office (CSO)
26 Jun 2019
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Stuart Lisulo
China writes off US$22m debt, as talks for KCM takeover gain momentum
State-owned Times of Zambia reports that China has written off more than US $22 million of debt owed by the African Copper mining giant, as talks escalate that the recently ‘nationalised’ Konkola Copper Mines (KCM)
21 Jun 2019
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Stuart Lisulo
National Financial Switch will slash bank charges, fees – BoZ
Zambians will soon enjoy the benefits of reduced financial transaction charges and fees once the National Financial Switch (NFS) platform is fully implemented, says Zambia Electronic Clearing House Limited board chairperson Dr Bwalya Ng’andu. The
20 Jun 2019
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Stuart Lisulo
Zambeef posts K31.8 million loss
Zambeef Plc has posted massive losses after tax of K31.8 million, triggered by the depreciating Kwacha, which slashed Zambian consumers’ purchasing power and pushed up input costs. And Zambeef has projected that Zambia’s macroeconomic conditions
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