Business

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,... […]

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... […]

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... […]

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.... […]

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... […]

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... […]

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... […]

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... […]

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... […]

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... […]