Journalists overwhelmingly voted in favour of a media self-regulatory framework backed by law in a long, tense and protracted vote to replace the current non-statutory mechanism, which is voluntary. Delegates, who numbered around 250 media […]

Konkola Copper Mines (KCM) Plc chief executive officer Christopher Sheppard says he remains in charge of the mining giant and intends to use his three-year contract at the financially struggling firm to turn around its […]

Zambia’s estimated maize production has drastically fallen to just two million metric tonnes for the 2018-2019 agricultural season, down from 2.4 million tonnes produced last year, a second successive drop, triggered by severe drought conditions. […]

Mining companies have started to scale-down their operations significantly in response to the 2019 mining fiscal regime because they are struggling to cope with the tax policy, says Zambia Chamber of Mines president Goodwell Mateyo. […]

The kwacha’s depreciation where it hit K13 per dollar is partly due to lapses in the current Balance of Payment (BoP) monitoring mechanism system, the Economics Association of Zambia (EAZ) has observed. And the EAZ […]

The Sales Tax Bill will give Finance Minister Margaret Mwanakatwe too much discretionary power to decide who gets taxed compared to who will be exempted, says Deloitte Zambia. But Zambia Revenue Authority (ZRA) Commissioner-General Kingsley […]

Finance Minister Margaret Mwanakatwe has told the business community in Zambia not to expect VAT refunds owed to them to run their businesses. And Mwanakatwe has revealed that exports will be exempted from Sales Tax […]

The kwacha depreciated sharply against major currency convertibles to sink and crash through the K13.00 per dollar psychological barrier for the first time since November, 2015. According to financial market players, the kwacha has maintained […]

First Quantum Minerals Limited has posted a total of 136,969 metric tonnes in copper production during the first quarter of 2019, partly boosted by its Kalumbila-based Sentinel Copper Mine, which hit record volumes. But the […]

Government’s huge domestic arrears owed to contractors and suppliers has put pressure on households and businesses and presents a risk for Zambia’s financial sector, says the International Monetary Fund (IMF). And the IMF has projected […]