ECONOMIST Noel Nkoma says government’s projection of 6.6 percent GDP growth in 2025 is very much attainable. During the budget presentation last Friday, Finance and National Planning Minister Dr Situmbeko Musokotwane said government had set... […]

ZAMBIA Revenue Authority (ZRA) Commissioner General Dingani Banda says the authority will not extend the September 30, 2024 deadline for imposition of penalties for non-use of Smart Invoice. And Bank of Zambia Deputy Governor Operations... […]

FINANCE and National Planning Minister Dr Situmbeko Musokotwane says he is still not happy with the country’s current tax collection levels. Meanwhile, Dr Musokotwane says the country does not give too many tax incentives to... […]

ZAMBIA Statistics Agency (ZamStats) Statistician General Goodson Sinyenga has disclosed that export earnings from agricultural products increased by 12.3 percent from K2.1 billion in July 2024 to K2.4 billion in August 2024. Sinyenga has also... […]

ENERGY Minister Makozo Chikote says government has no control over power that is usually restored at awkward hours. Commenting on recent erratic supply of electricity in an interview, Makozo said the supplier decided as and... […]

FORMER Betternow Finance Company (BFC) Managing Director Noel Nkoma says non performing loans have killed most financial institutions in the country. On Thursday, the Bank of Zambia (BOZ) resolved to terminate the possession of Betternow... […]

THE World Bank report on Zambia’s Public Financial Review has revealed that State Owned Entities (SOEs) averaged losses of $492 million per year between 2019 and 2020. The report states that, given their weak financial... […]

GOVERNMENT has proposed to spend K217.1 billion or 26.6 percent of Zambia’s GDP on the national budget in 2025. This is a substantial increase on the K177.9 billion spent on the 2024 national budget. Among... […]

THE Zambezi River Authority (ZRA) has announced that it will allocate 27 billion cubic metres of water to be shared equally between Zesco and the Zimbabwe Power Company for power generation in 2025, with each... […]

ECONOMIST Lubinda Haabazoka has described the execution of the 2024 national budget as satisfactory. Last year Finance and National Planning Minister Dr Situmbeko Musokotwane presented a K180 billion national budget for 2024 to the nation,... […]