The Zambia Revenue Authority (ZRA) has started the operation to impound all heavy duty vehicles imported dubiously into the country, collecting K3.1 million in unpaid taxes in the process. In a statement, ZRA corporate communications […]

Millers Association of Zambia (MAZ) president Andrew Chintala has disclosed that the country is currently experiencing a shortage of maize on the market, which is a major contributor to the prevailing high mealie meal prices. […]

The kwacha has depreciated to hit the K13.00 per dollar pyschological barrier for the first time in three months, owing to a resumption in high demand for the greenback on the local market. According to […]

Minister of Finance Dr Bwalya Ngandu has called on the private sector to take advantage of the US$750 million financing facility offered by the African Development Bank (AfDB) in order for them to help sustain […]

The Centre for Trade Policy and Development (CTPD) has urged government to halt plans for the re-launch of a national airline until the country’s economy improves. In a statement, CTPD researcher Bright Chizonde explained that […]

Newly-appointed Bank of Zambia (BoZ) deputy governor for operations Dr Francis Chipimo says the central bank is still at the stage of consultation to refine the Depositors’ Insurance Bill to ensure that the challenges that […]

Minister of Finance Dr Bwalya Ng’andu says the rebasing of Zambia’s Gross Domestic Product (GDP) exercise has been postponed due to a lack of resources to execute the process. This came to light during a […]

Ministry of Finance Dr Bwalya Ngan’du has presented a supplementary budget to Parliament amounting to K9.8 billion, with about K6.4 billion to be spent on both external and domestic debt obligations. Speaking during the presentation […]

Zambia Chamber of Mines president Goodwell Mateyo has cautioned government against proceeding with the sale of Konkola Copper Mines (KCM) before the arbitration process in South Africa is completed. And Mateyo has called on government […]

Mobile Broadband Limited, trading as Vodafone Zambia, says the delay in capital injection to the company has led to some areas experiencing network outages. In joint-statement issued by brand and corporate communications manager Mutale Kapaso […]