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Business
26 Nov 2018
|
Abraham Kalito
AfDB pledges electronic tablets for Zambia’s 2020 census
The African Development Bank (AfDB) has pledged to provide electronic tablets for use during Zambia’s first-ever digital-based Census of Population and Housing in 2020. In a statement issued by Ministry of National Development Planning Public […]
22 Nov 2018
|
Stuart Lisulo
Reserves drop to $1.6bn on heightened debt – BoZ
Debt servicing has continued to pose challenges to Zambia’s international reserves, which have dipped to less than US $1.7 billion, says Bank of Zambia (BoZ) Governor Dr Denny Kalyalya. And Dr Kalyalya has remained optimistic […]
22 Nov 2018
|
Abraham Kalito
MTN, ZRA and Barclays partner to launch mobile tax payment platform
MTN Mobile Money, Barclays Bank Zambia Plc and the Zambia Revenue Authority (ZRA) have partnered to launch the mobile tax payment for Mobile Money customers aimed at increasing financial inclusion and tax compliance in the […]
21 Nov 2018
|
Stuart Lisulo
BoZ maintains Monetary Policy Rate at 9.75%
The Bank of Zambia has again maintained the Monetary Policy Rate and Statutory Reserve Ratio in a bid to induce lower interest rates and continue supporting economic growth. Speaking during a media briefing in Lusaka, […]
21 Nov 2018
|
Stuart Lisulo
Debt repayment gobbles K1.5bn in October
Debt servicing payments gobbled K1.5 billion in October, 2018, representing around 25 per cent of government’s total expenditure during that month from the 2018 national budget. In a 2018 budget brief issued from the Ministry […]
21 Nov 2018
|
Joseph Mwenda
Mining companies must change LuSE perception by listing locally – Chibamba
Economist Chibamba Kanyama says mining companies, especially those that were bought through privatisation, must lead by example and remain on the Lusaka Stock exchange in order to encourage the rest and raise capital from the […]
19 Nov 2018
|
Stuart Lisulo
Sales Tax to slow down economic growth, say manufacturers
The Zambia Association of Manufacturers has warned that Sales Tax will slow down the country’s economic growth and encourage tax avoidance. In a statement, Association president Roseta Chabala stated that the Sales Tax proposal as […]
15 Nov 2018
|
Abraham Kalito
Sales Tax will lead to job losses, warns ZACCI
The Zambia Association of Chamber of Commerce and Industry (ZACCI) has warned that the proposed Sales Tax, coupled with delayed payments of Value Added Tax (VAT) refunds, will force companies to lay-off workers in a […]
15 Nov 2018
|
John Chola
Banks are denying Zambians business opportunities – Dora
Chief Government Spokesperson Dora Siliya says commercial banks in the country are denying ordinary Zambians business opportunities to advance and develop the country by not giving them a chance to access capital. And Siliya says […]
15 Nov 2018
|
Abraham Kalito
Govt seeks alternative private sector financing for 7NDP
Government has called on the private sector to provide alternative financing models for the successful implementation of the 7th National Development Plan (7NDP). In a statement, Ministry of National Development Planning (MNDP) Permanent Secretary Chola […]
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