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Business
13 Nov 2018
|
Abraham Kalito
Zambia still has chance to clinch IMF deal, says Chibamba as he warns of consequences
Economist Chibamba Kanyama says International Monetary Fund (IMF) bailout packages acquired ahead of general elections are tricky, as they usually unseat African governments because voters vote against the tight austerity measures which come with the […]
13 Nov 2018
|
Abraham Kalito
Mining companies should brace for Sales Tax – Chanda
Ministry of Mines Permanent Secretary Paul Chanda says mining companies should brace for the introduction of the Sales Tax and quickly re-orient their working plans to fall in line with the policy once it takes […]
13 Nov 2018
|
Stuart Lisulo
ZRA intercepts smuggled Christmas chickens
The Zambia Revenue Authority (ZRA) has intercepted a truck with smuggled chicken pieces worth K260,000 in unpaid taxes. In a statement, ZRA corporate communications manager Topsy Sikalinda stated that the consignment of chicken pieces was […]
12 Nov 2018
|
Abraham Kalito
Govt makes progress in 100MW solar project
Ministry of Energy Permanent Secretary Brigadier General Emelda Chola says the procurement process for the 100 megawatts solar photovoltaics (PV) has progressed. She has, however, not disclosed how many bids have so far been received […]
12 Nov 2018
|
Stuart Lisulo
Speed cameras will lower govt’s non-tax collection revenue – KPMG
Government cannot achieve its non-tax revenue target in 2019 because Zambians are successfully managing to avoid paying excessive speeding fines, says KPMG, the globally-renowned audit, tax and advisory services firm. Speaking during a ACCA-Zambia Tax […]
9 Nov 2018
|
Abraham Kalito
Zambia becoming attractive investment destination – Absa Group
Zambia’s overall performance in financial markets in Africa has been upgraded to eighth overall, up one place from ninth last year, according to the Absa Africa Financial Index. The Index is a premier indicator of […]
8 Nov 2018
|
Mirriam Chabala
Local clearing agents bemoan challenges with ZRA’s web-based system
The Zambia Revenue Authority’s maintenance of ASYCUDA World, a web-based system for the transition of goods into the country, has continued to negatively affect the local clearing industry, says a freight forwarding association. Last month, […]
8 Nov 2018
|
Mirriam Chabala
Zanaco calls for compulsory insurance for SMEs
Zanaco Plc has called on government to consider making insurance compulsory for Small to Medium Enterprises (SMEs) and other emerging businesses for assured cover for life and goods in tragic events. On Tuesday evening, Zanaco […]
7 Nov 2018
|
Stuart Lisulo
Fiscal consolidation an illusion – CTPD
Government will fail to deliver on its promise of fiscal consolidation in the 2019 national budget next year because expenditure will far exceed revenue mobilization, says the Centre for Trade Policy and Development (CTPD). In […]
5 Nov 2018
|
Mirriam Chabala
PMRC questions govt’s failure to meet 2018 budget commitments
The Policy Monitoring and Research Centre (PMRC) has urged government to create space for private sector participation in the economy if its aspirations for 2019 are to come to fruition. In a post budget analysis […]
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