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Business
24 Oct 2019
|
Mirriam Chabala
IMF team to visit Zambia in Nov
The International Monetary Fund (IMF) has confirmed intentions to undertake a field staff visit to Zambia next month to exchange views on policies government is undertaking to stabilize the country’s economy. Ministry of Finance Spokesperson […]
22 Oct 2019
|
Natasha Sakala
Saasa tips govt on demonstrating policy consistency
Economist Professor Oliver Saasa has advised government arms to avoid differing with each other through the press saying this undermines the integrity of government policy. And Professor Saasa has welcomed the Zambia Revenue Authority (ZRA) […]
22 Oct 2019
|
Natasha Sakala
Millers warn of mealie meal price hike as inflation soars
Millers Association of Zambia (MAZ) president Andrew Chintala says the price of mealie meal is expected to go up following an increase in the country’s annual rate of inflation. The annual rate of inflation skyrocketed […]
22 Oct 2019
|
Natasha Sakala
FAO asks govt to operate open-border policy on maize exports
The Food and Agricultural Organization (FAO) has called on government to be consistent with its policy formulation and implementation on maize exports because inconsistencies have the potential to hamper the growth of the agricultural sector. […]
21 Oct 2019
|
Natasha Sakala
BoZ liquidates ZamPost Microfinance, Pan African
The Bank of Zambia (BoZ) has announced that Zampost Microfinance Limited (ZMFL) and Pan African Building Society (PABS) have with immediate effect been put under compulsory liquidation. According to a statement issued via Bank of […]
21 Oct 2019
|
Ulande Nkomesha
K30.6bn external financing in 2020 budget isn’t new debt – Ng’andu
Minister of Finance Dr Bwalya Ng’andu says the K30.6 billion foreign financing and grants allocated in the 2020 national budget should not be misconstrued as new borrowing. Dr Ng’andu said this in Parliament when he […]
21 Oct 2019
|
Natasha Sakala
ERB mustn’t hike power tariffs without Cost of Service Study, insist CUTS
The Consumer Unity Trust Society (CUTS) has urged the Energy Regulation Board (ERB) to refrain from implementing any electricity tariff hikes in the absence of the Cost of Service Study results. The ERB announced in […]
17 Oct 2019
|
Mirriam Chabala
Katambo urges agro-dealers to justify their dues
Agriculture Minister Michael Katambo has urged agro-dealers to justify debt which government owes them from as far back as 2015, promising to clear it once funds are available. And Katambo says farmers who have paid […]
17 Oct 2019
|
Natasha Sakala
ZRA fully supports govt’s tax policies – Kingsley
Zambia Revenue Authority Commissioner General Kingsley Chanda has applauded government’s decision to re-introduce Value Added Tax (VAT) in the 2020 budget, pledging to implement it with renewed vigor. In a statement, Wednesday, Chanda stated that […]
15 Oct 2019
|
Natasha Sakala
Zambia’s mining production will keep dwindling – Hambayi
Economist Trevor Hambayi says Zambia’s mining production will continue dropping due to increasing production costs, VAT refund disputes and dwindling copper prices on the international market. And Hambayi says government should come up with a […]
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