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Business
10 Jan 2019
|
Milimo Namangala
Kwacha set to depreciate further – financial analyst
Financial market analyst Mambo Hamaundu says the kwacha is likely to depreciate further following the slowdown in China’s economy that will demand less of Zambia’s copper exports. And Hamaundu says sustained pressure from Zambia’s mounting […]
9 Jan 2019
|
Geofrey Zulu
Petroleum Management Bill will limit govt control – Energy Forum
Energy Forum Zambia (EFZ) says there is need to enact the Petroleum Management Bill to give all stakeholders a clear roadmap of what government’s role in the oil sub-sector will be. And EFZ has projected […]
9 Jan 2019
|
Milimo Namangala
Business conditions continued to deteriorate in December – Stanbic
Companies in Zambia experienced a further deterioration in business conditions in December, according to a Purchasing Managers’ Index (PMI) Survey availed by Stanbic Bank. But data equally shows that the private sector witnessed a steady […]
8 Jan 2019
|
Milimo Namangala
Stop using Zambians as tools over fiscal regime, CTPD tells mines
The Centre for Trade Policy and Development (CTPD) has urged mining companies to respect the integrity of Zambian workers and desist from using them as a means to influence government policies. And CTPD says mining […]
7 Jan 2019
|
Stuart Lisulo
Zambia becomes highest cost mining country
Zambia is now officially the highest cost mining country worldwide following the implementation of the new fiscal regime on January 1, 2019. According to data availed by the Zambia Chamber of Mines, the cost of […]
7 Jan 2019
|
Stuart Lisulo
ZRA paid mines K7.3bn in VAT refunds in 2018
The Zambia Revenue Authority (ZRA) has paid out a total of K9.4 billion in VAT refunds in the 2018 financial year, with the mining sector having received at least 78 per cent of that amount. […]
4 Jan 2019
|
Milimo Namangala
Banks record 43% T-Pin compliance rate
The Bankers Association of Zambia says the Tax Payer Identification Number (T-pin) registration process has reached a compliance rate of 43% and has urged the public to take advantage of the extended deadline to register. […]
4 Jan 2019
|
Geofrey Zulu
Goods on promotion may be expired, ZCSA warns consumers
The Zambia Compulsory Standards Agency (ZCSA) has warned the general public to be conscious when buying consumable products that are on promotion because some may be expired. In an interview, ZCSA Public Relations Officer, Lee […]
4 Jan 2019
|
Geofrey Zulu
Govt may lose revenue on Kasumbalesa closure – ZACCI
The Zambia Chamber of Commerce and Industry (ZACCI) says the temporary closure of Kasumbalesa, Mokambo and Sakanya entry points due to the presidential election in the Democratic Republic of Congo (DRC) will negatively affect revenue […]
3 Jan 2019
|
Stuart Lisulo
High taxation will kill mines, warns outgoing FQM boss
Outgoing First Quantum Minerals (FQM) director of operations Matt Pascal says the decision to lay-off some of its staff is to ensure the mining company is not taxed to death. And Pascal has revealed that […]
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