THE Zambia Revenue Authority (ZRA) says it has collected K38.9 billion in net revenue against a target of K40.6 billion in quarter one of 2026. Speaking during the Town Hall Meeting on the country’s economic performance in the first quarter, ZRA Commissioner General Dingani Banda said the Authority collected a total of K45.8 billion and refunded K6.9 billion in the first quarter. “In terms of revenue collection in quarter one of 2026, we collected a total of K45.8 billion and refunded K6.9 billion, giving us a net actual collection of K38.9 billion against a target of K40.6 billion. Therefore, registering a deficit of about K1.7 billion. The taxes that performed well were mining company income tax, non-mining company tax, Pay...