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Business
Illicit financial externalisation putting pressure on Kwacha – Hambayi
ECONOMIST Trevor Hambayi says the externalisation of money through illicit financial transactions is putting pressure on the Kwacha. According to the Financial Intelligence Centre (FIC) fourth-quarter report for the year 2023, over US$2.8 billion was... […]
Mweetwa explains ZNS’ involvement in GMO mealie meal exportation to Congo
CHIEF Government Spokesperson Cornelius Mweetwa says the Zambia National Service (ZNS) has been engaged in the exportation of GMO mealie meal to DRC because it is already in the mealie meal business. He was reacting... […]
Zambia’s economy would crash if we stopped exporting power – Zesco
ZESCO Managing Director Victor Mapani says even if the country is anticipated to experience load shedding due to drought, the company cannot stop exporting power because doing so would collapse the country’s economy. Meanwhile, Mapani... […]
VAZ predicts re-emergence of Anthrax, livestock losses due to dry spell
THE Veterinary Association of Zambia (VAZ) says the prolonged dry spell could lead to re-emergence of diseases such as Anthrax in livestock and devastating livestock losses. The association is, therefore, calling for increased veterinary support... […]
Inflation will drop if exchange rate stabilises – Saasa
ECONOMIST Professor Oliver Saasa says the inflation rate is likely to reduce this month if there is stability in the exchange rate. On Thursday, Zambia Statistics Agency Chief Statistician Chola Daka revealed that the country’s... […]
CEEC disbursed K157m to 78,000 marketeers between 2022 and 2023 – PS
MINISTRY of Small and Medium Enterprises Development Permanent Secretary Subeta Mutelo has revealed that the Citizens Economic Empowerment Commission (CEEC) disbursed K157 million to over 78,000 marketeers between 2022 and 2023. Speaking when she featured... […]
We collected K2.9bn in toll fees in 2023 – NRFA
THE National Road Fund Agency has collected K2.9 billion from toll gates in 2023, against the revenue target of K2.3 billion. According to a statement issued by NRFA Public Relations Manager Alphonsius Hamachila, Sunday, the... […]
We’re rebuilding our capacity to audit Mines – ZRA
ZAMBIA Revenue Authority (ZRA) Commissioner General Dingani Banda says the authority is looking to recruit more qualified staff in order to increase its capacity to audit mining firms. And ZRA acting Commissioner Business Facilitation Richard... […]
Climate Smart Agriculture, fruit tree planting key to food security amidst drought – PS
MINISTRY of Green Economy and Environment Permanent Secretary Dr Douty Chibamba says climate smart agriculture practices and fruit tree planting is key to ensuring food security at household and national level amidst drought. According to... […]
Cost of living hits K10,307 per month
THE Jesuit Centre for Theological Reflection (JCTR) has revealed that the cost of living for a family of five in Lusaka now stands at K10,307.01, indicating an increase of K751.48 from the K9,555.53 recorded in... […]
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Tax payment
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