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 […]

The Bank of Zambia (BoZ) regulations to limit the sale or purchase of foreign exchange to US$1,000 per person per day must be repealed to allow for larger transactions, says the Bureau de Change Association. […]

Kalumbila Minerals Limited (KML), a First Quantum Minerals (FQM) subsidiary, has issued 23 letters of separation to its expatriate employees in response to the hiked 2019 mining fiscal regime. KML Public Relations Coordinator Mirriam Harmon […]

Debt servicing payments gobbled K1.5 billion in December, 2018, the highest single disbursement for an official government function last month, according to Ministry of Finance data. And Minister of Finance Margaret Mwanakatwe says the 2019 […]

Zambia is now officially the highest cost mining country worldwide following the implementation of the new fiscal regime on January 1, 2019. According to data availed by the Zambia Chamber of Mines, the cost of […]

The Zambia Revenue Authority (ZRA) has paid out a total of K9.4 billion in VAT refunds in the 2018 financial year, with the mining sector having received at least 78 per cent of that amount. […]

Accountant General Dr Dick Sichembe has warned that he will not hesitate to ensure that any accountant across the public service found abusing tax payers’ money are prosecuted. In his New Year message to accountants […]

Outgoing First Quantum Minerals (FQM) director of operations Matt Pascal says the decision to lay-off some of its staff is to ensure the mining company is not taxed to death. And Pascal has revealed that […]

Zambia faces downside risks to the four per cent economic growth prospects projected for this year, says Finance Minister Margaret Mwanakatwe. In a statement outlining the 2019 economic outlook, Mwanakatwe observed that the country faced […]

The total number of employed women in Zambia is still lagging behind men by over 623,000, according to the latest Labour Force Survey. Data contained in the 2017 Labour Force Survey shows that the total […]