Cavmont Capital Holdings Zambia Plc posted K15.7 million losses after tax during its financial half-year ending December 31, 2018, mainly triggered by increased impairment charges and operating expenses. According to a consolidated statement of comprehensive

The Energy Regulation Board (ERB) should shelve Zesco’s proposal to hike electricity tariffs because there is risk that Zambian consumers will end up subsidizing the utility’s operational deficiencies. In a statement, Wednesday, CTPD executive director

There is need for long-lasting measures to combat the rising xenophobic attacks against foreign African nationals in South Africa, says Zambia’s High Commissioner to South Africa Emmanuel Mwamba. Ambassador Mwamba said there was need for

Zesco’s plan to adjust electricity tariffs upwards would force more dairy farmers out of business because the cost of production will drastically increase, the Diary Association of Zambia (DAZ) has warned. Zesco has proposed to

Successful implementation of Sales Tax in any jurisdiction can take an average five to 10 years, says Zanaco Managing Director and CEO, Henk Mulder. And Mulder says the Bank of Zambia’s (BoZ) unwarranted charges that

Ministry of Mines Permanent Secretary Paul Chanda says measures are being put in place to start assessing the capability and competence levels of contracted companies in the mining sector to curb fatal accidents. Two mining

Commerce, Trade and Industry Minister Christopher Yaluma has reiterated that Zambia is a safe and secure investment destination as evidenced by the country’s stable political climate. And newly-appointed High Court Judge Abha Patel has advised

MultiChoice Africa have hiked subscription fees for all their bouquets by around 10 per cent on both the DStv and GOtv entertainment packages effective April 1, 2019. In a statement availed by Multichoice Africa head

The annual rate of inflation again reduced to 7.5 per cent for March, 2019, triggered by reduced fuel and lubricant prices, according to Central Statistical Office (CSO) data. Announcing Zambia’s annual rate of inflation for

The Centre for Trade Policy and Development (CTPD) has demanded for guidelines on the imminent Sales Tax’s implementation because there is still uncertainty among tax payers on how it will work. In a statement released,