MINES Minister Richard Musukwa says there has been mistrust between government and mining investors because they have not been coming to the table with "clean hands”. And Musukwa says government is looking for an investor that can immediately bring US$300 million. Meanwhile, Musukwa says government has procured equipment for gold mining. Speaking when he appeared...

FORMER Finance Minister Ng’andu Magande says government and investors should work on their relationship so that they can take advantage of the high copper prices. In an interview, Magande said lack of a good relationship between government and the investors in the mining industry had contributed to low copper production. “There is poor relationship between...

ENGINEERING Institution of Zambia (EIZ) president Eng. Abel Ng’andu says it remains the decision of the government on whether it will go ahead with the demolition of the Alick Nkhata flyover bridge as advised by the institute. In December 2019, the Engineering Institution of Zambia recommended the demolition of the bridge on grounds that the...

PRESIDENT Edgar Lungu says there is no need for farmers who were placed on the Farmer Input Support Program (FISP) to remain on the program forever. Speaking, Thursday, in Mpika district of Muchinga Province, when he officiated at the National Agriculture Field Day, President Lungu observed the need for farmers to graduate from FISP so...

ACTION AID country director Nalucha Ziba has challenged politicians to explain to the electorate during campaigns how they will dismantle Zambia’s debt once they form government, which she says has reached unsustainable levels. In an interview, Ziba said political parties should also demonstrate their commitment in their campaign messages to expedite the process of reforming...

ZAMBIA Chamber of Commerce and Industry (ZACCI) president Chabuka Kawesha says Zambia is unlikely to significantly benefit from the rise in copper prices because of the mechanisms in place. Copper prices have continued to surge, with prices on the London Metal Exchange hitting almost US$10,000 per tonne. Commenting on the development, Kawesha said Zambia would...

FINANCE Minister Dr Bwalya Ng’andu says Zambians should not be imposed with a limitation when it comes to accessing contracts. Speaking when he appeared on ZNBC’s Sunday Interview, Dr Ng’andu said the 20 percent allocation of sub-contracts to Zambian firms in the new Public Procurement Act should be changed. “We have addressed the issue of...

INDUSTRIAL Development Corporation (IDC) Chief Executive Officer Mateyo Kaluba says the Corporation will spearhead investments into Mulungushi Textiles following a sustained approach. Responding to a query, Mateyo said the decision by the government to limit new debt had an impact on securing required capital on the Textiles. “In terms of strategic direction, the government has...

ZAMBIA Revenue Authority (ZRA) Commissioner General Kingsley Chanda has warned that any clearing agents found responsible for inciting strikes will have their licences revoked Earlier in a statement, Customs Clearing Agents Association of Zambia (CCFFAAZ) Bruce Kaemba stated that clearing agents were planning to stage a peaceful protest against the move by ZRA to introduce...

ECONOMIST Noel Nkhoma says the PF's proposal to remove road tax in their 2021 to 2026 manifesto does not make economic sense. During the latest PF manifesto, President Edgar Lungu said if re-elected, he would remove road tax. But in an interview, Nkhoma wondered why the PF government wanted to remove other channels of revenue...