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11 Aug 2020
|
Julia Malunga
We stand by our figures – Chamber of Mines
THE Chamber of Mines says it will stand by what it earlier stated that the Mineral Royalty Tax dropped by 12 percent and not the six percent announced by the Zambia Revenue Authority. Last week,... […]
10 Aug 2020
|
Natasha Sakala
Govt spends K3.2bn in July on domestic, external debt
THE government last month spend K3.2 billion on dismantling domestic and external debt arrears, says Secretary to the Treasury Fredson Yamba. And the Treasury released K11.17 billion during the month under review to finance developmental... […]
7 Aug 2020
|
Julia Malunga
Mineral Royalty Taxes down 6%, says ZRA
ZAMBIA Revenue Authority (ZRA) Commissioner General Kingsley Chanda says the Chamber of Mines should not alarm the nation by issuing false statements on Mineral Royalty Tax (MRT) because there has only been a marginal reduction... […]
7 Aug 2020
|
Natasha Sakala
Exiting chainstores a loss to farmers, local businesses must take advantage – KRI
GOVERNMENT should take advantage of the chainstores that are leaving Zambia and help local entities to fill the gap left by the exiting international retail outlets, says KRI Zambia chief executive officer Dr Frank Kayula.... […]
5 Aug 2020
|
Natasha Sakala
Budget deficit caused by debt servicing, not COVID-19 – Musokotwane
FORMER finance minister Dr Situmbeko Musokotwane says it is incorrect to attribute Zambia’s budget deficit to COVID-19 because it was caused by debt servicing obligations. And Dr Musokotwane has urged government to implement empowerment programmes... […]
5 Aug 2020
|
Natasha Sakala
EWSC owes ZRA K9.7m in PAYE – AG
THE Auditor General has revealed that the Eastern Water and Sanitation Company (EWSC) owes the Zambia Revenue Authority (ZRA) and the Local Authority Superannuation Fund a combined total of K10.5 million in respect of outstanding... […]
5 Aug 2020
|
Natasha Sakala
72% of enterprises unable to raise funds due to COVID-19 – FSD
A SURVEY has revealed that 72 per cent of Zambian businesses are unable to raise funds due to COVID-19, with the lowest income segments being particularly vulnerable to the economic impacts of the pandemic. The... […]
3 Aug 2020
|
Natasha Sakala
200 suppliers threaten to grab Munali Nickel Mine assets over $18m debt
OVER 200 contractors have threatened to take the law into their own hands and confiscate whatever assets they can to recover the US $18 million owed to them by Mabiza Resources, operators of Munali Nickel... […]
31 Jul 2020
|
Stuart Lisulo
Inflation marginally drops to 15.8%
THE annual rate of inflation has marginally decreased to 15.8 per cent in July, down from 15.9 per cent recorded in June, mainly induced by price decreases in food items, according to the Zambia Statistics... […]
31 Jul 2020
|
Natasha Sakala
Fire parastatal CEOs who’ve failed to stop theft, CSOs urge govt
TRANSPARENCY International Zambia (TIZ) and ActionAid have called on the line Ministries responsible for parastatals found wanting in the Auditor General’s report to fire all chief executive officers to send a strong signal to would-be... […]
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