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Business
PF has delivered opposite of “lower taxes, more jobs” promise – Hamududu
Party of National Unity (PNU) president Highvie Hamududu has urged government to come up with bold and radical measures in the 2020 budget that will bring about the much needed fiscal consolidation for attainment of […]
Lack of transparency undermining Zambia’s economic performance – CTPD
The Centre for Trade Policy and Development (CTPD) says poor debt management and lack of transparency in reporting debt statistics has continued undermining Zambia’s economic performance. And CTPD has advised government to come to terms […]
Financial Times says investors are rattled by Zambian govt’s takeover of KCM
Zambia has stoked fears among businesses about the rule of law after the government oversaw the placement of a mining operation operated by India’s Vedanta into administration with plans to sell it. Last week Vedanta […]
Defer Sales Tax to Jan 1, Chamber of Mines urges govt
The Zambia Chamber of Mines has urged government to consider deferring the Goods and Services Tax (GST) to January 1, 2020, because implementing it after next month will be disruptive for the sector. And the […]
ZNFU cries foul over FRA’s K110 maize price
The Food Reserve Agency (FRA) have announced its maize purchase price of K110 per 50Kg bag for the 2019 crop marketing season, an increase by K40 from last season. But the Zambia National Farmers’ Union […]
Misuse of public funds remains major concern in Zambia – PMRC
Accountability of public expenditure has remained a significant concern in Zambia, the Policy Monitoring and Research Centre (PMRC) has observed. In a research conducted by PMRC’s head of research and analysis Salim Kaunda, among other […]
Mopani’s Mufulira smelter shutdown won’t result in job losses – Musukwa
Mines minister Richard Musukwa says the closure of Mopani Copper Mines’ Mufulira smelter won’t result in job losses. Responding to a question from Mufulira PF member of parliament Dr Evans Chibanda on the prolonged closure […]
KCM in liquidation struggles to pay salaries as Chinese, Turks scramble for takeover
Konkola Copper Mines is yet to pay June salaries to its senior workforce amidst reports that the liquidation team is soliciting financial help to settle the wage bill from ZCCM-IH, a government-owned mining investment portfolio. […]
Sales Tax won’t work in Zambian economy, insists Musokotwane
Liuwa UPND member of parliament Situmbeko Musokotwane says despite the deferred implementation date, Goods and Services Tax (GST) will not work in Zambia because it is unrealistic. On Friday, June 28, Minister of Finance Margaret […]
Inflation jumps to 8.6%
The annual rate of inflation has leaped to 8.6 per cent in June, up from 8.1 per cent recorded in May, the highest on record this year so far, according to Central Statistical Office (CSO) […]
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