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Business
17 Sep 2018
|
Mirriam Chabala
Mkushi Copper Mine to resume operations after 40-year shutdown
The Mkushi Copper Mine in Luano District is set to resume full operations before the end of this year, 40 years after mining activities were shut, Central Province Permanent Secretary Chanda Kabwe has revealed. Kabwe […]
15 Sep 2018
|
Stuart Lisulo
KCM upbeat on resolving financial challenges
Konkola Copper Mines (KCM) says it has initiated measures to raise production and improve its cash flows. Speaking when the mining company received Copperbelt Minister Japhen Mwakalombe during a familiarisation tour in Chingola, Wednesday, KCM […]
12 Sep 2018
|
Stuart Lisulo
PAYE exemption threshold should be increased to K4,000 – FFTUZ
Government should increase the Pay as You Earn (PAYE) exemption threshold from the current K3,300 to K4,000 to provide relief to workers, says the Federation of Free Trade Unions of Zambia (FFTUZ). Ahead of the […]
10 Sep 2018
|
Abraham Kalito
KCM attributes financial challenges to govt’s failure to refund VAT
Konkola Copper Mines (KCM) chief executive officer Deshnee Naidoo says delayed payments to workers has mainly been because of governments delayed release of Value Added Tax (VAT) refunds owed to the mining company. In a […]
10 Sep 2018
|
Stuart Lisulo
Govt to narrow public service wage bill in 2019 budget projected at K84.6 Bn
Government has projected to roll out a K84.6 billion national budget next year expected to be supported by increased tax revenues amounting to around K7.4 billion more than last year’s budget. And government has proposed […]
10 Sep 2018
|
Abraham Kalito
SA’s recession may affect Zambian economy – ZACCI
South Africa’s economic recession may negatively affect the Zambian economy in the short-term as much of that country’s finished products end up in the local retail sector, says the Zambia Chamber of Commerce and Industry […]
7 Sep 2018
|
Abraham Kalito
MTN yet to understand 30 ngwee Internet tariff
MTN Zambia chief executive officer Charles Molapisi says the company is in consultation with government to understand the 30 ngwee per day Internet tariff that has been imposed on cell phone subscribers. And Molapisi says […]
7 Sep 2018
|
Stuart Lisulo
Kitwe’s cost of living breaches K5,000
The cost of living in Kitwe has drastically increased to a record-breaking K5,159 for a family of five, becoming the country’s second most expensive city, according to the JCTR. Data from the Jesuit Centre of […]
6 Sep 2018
|
Abraham Kalito
CCPC hails BoZ’s bank charge removal
The CCPC says the Bank of Zambia’s move to abolish bank charges is a wakeup call to the financial sector to become more innovative and find other means of sustaining their operations. In a statement […]
5 Sep 2018
|
Abraham Kalito
BoZ abolishes unwarranted bank charges, fees
The Bank of Zambia has promulgated into law the decision to prohibit unwarranted fees that commercial banks charge depositors effective Tuesday, September 4. Last week, the central bank notified financial institutions of its intention to […]
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