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3 Jan 2022
|
Ulande Nkomesha
Fuel price hike will have less impact on inflation rate, predicts Kanyama
ECONOMIST Chibamba Kanyama says the continued reduction of the inflation rate is due to the interventions made by the Bank of Zambia like increasing the monetary policy rate. And Kanyama says the increase in fuel... […]
3 Jan 2022
|
Mwenya Mofya
Give us time to restructure economy with available resources, pleads Nkulukusa
SECRETARY to the Treasury Felix Nkulukusa says government no longer wants to see an officer approving payments under instruction as seen in the recent past, adding that law reforms will ensure that officers are protected.... […]
31 Dec 2021
|
Ulande Nkomesha
Inflation closes the year at 16.4 percent
THE annual inflation rate for December 2021 has dropped to 16.4 percent from 19.3 percent recorded in November this year. Speaking during a media briefing, Thursday, Zambia Statistics Agency interim statistician general Mulenga Musepa said... […]
29 Dec 2021
|
Mwenya Mofya
Musokotwane appoints Bank of Zambia board members
MINISTER of Finance and National Planning Dr Situmbeko Musokotwane has appointed six members to become part of the reconstituted Board of Directors of the Bank of Zambia. Those appointed include: Audit Specialist Sarah Tembo; Systems... […]
28 Dec 2021
|
Ulande Nkomesha
Zambians have suffered enough, we can’t afford to blow IMF deal – Musokotwane
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says government is committed to finalising an agreement with the International Monetary Fund (IMF) because Zambians had suffered enough. In an interview, Dr Musokotwane said the coming... […]
24 Dec 2021
|
Julia Malunga
Most creditors have permitted us to default as we re-arrange our debt – Musokotwane
THE stability seen in the past few months is largely because many creditors have either allowed us or tolerated us not to pay what we owe, says Finance and National Planning Minister Dr Situmbeko Musokotwane.... […]
24 Dec 2021
|
Julia Malunga
IMF explains rapid move to support UPND govt, salutes 2022 budget
THE International Monetary Fund (IMF) has explained that Zambia’s 2022 budget indicates a clear commitment to address the fundamental issues that created the need for support and a clear ownership of the reform programme which... […]
20 Dec 2021
|
Natasha Sakala
Form cooperatives to benefit from CDF, urges SMEs minister
SMALL and Medium Enterprises Minister Elias Mubanga has emphasised the need for youths and women to join cooperatives so that they benefit from the Constituency Development Fund that will be rolled out to all parts... […]
20 Dec 2021
|
Ulande Nkomesha
Oxfam research exposes $560m tax gap in mining sector
AN Oxfam research has revealed that Zambia could be suffering from a mining tax gap of up to $560 million per year. And the report has revealed that Zambia could be losing up to $91... […]
20 Dec 2021
|
Joseph Mwenda
Govt will stop being involved in fuel procurement next year – Kapala
ENERGY Minister Peter Kapala says government will next year stop getting involved in the procurement of petroleum products and will simply be regulating the industry and collecting tax. Last week, the Energy Regulation Board increased... […]
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