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Business
31 Oct 2017
|
Mirriam Chabala
Kwacha depreciation will strain 2018 budget – CUTS
The Consumer Unity and Trust Society says the depreciation of Zambia’s currency to K10 against the major convertible currency will make it more expensive for the country to service debts accumulated in dollars. CUTS Center […]
27 Oct 2017
|
Mirriam Chabala
Govt will compensate LapGreen – Mutati
Finance minister Felix Mutati says government will compensate LapGreen Network in compliance with the High Court order following a consent judgment between the Libyan firm and the Zambian government. And government has announced the sale […]
27 Oct 2017
|
Mirriam Chabala
Depressed grain prices worry Lungu
President Edgar Lungu says the surplus grain and depressed maize prices on the local market are major challenges in the agricultural sector. Speaking when he officially opened the 112th ZNFU annual congress yesterday, President Lungu […]
26 Oct 2017
|
Zondiwe Mbewe
ZCSD condemns delay by FRA to pay farmers
The Zambia Council for Social Development says it is unfortunate that the Food Reserve Agency has not yet paid all farmers despite buying their maize at a low price. In an interview, ZCSD executive director […]
25 Oct 2017
|
Mukosha Funga Njenga
Govt releases K115 to FRA
The Ministry of Finance has released K115 million to the Food Reserve Agency (FRA) to facilitate the settlement of some dues in the reserve food purchasing chain. In a statement today, Ministry of Finance public […]
25 Oct 2017
|
Mukosha Funga Njenga
PAYE is too high – Haabazoka
Economist Dr Lubinda Haabazoka says Zambia’s income taxes are too high for a country that calls itself pro poor. In a statement yesterday, Dr Haabazoka, who is also a lecturer, asked government to feel for […]
24 Oct 2017
|
Joseph Mwenda
IMF names new envoy to Zambia
The International Monetary Fund (IMF) has appointed Dr Boileau Loko as the New IMF Mission Chief for Zambia, replacing Tchidi Tsikata. This is according to a statement released by Ministry of Finance spokesperson Chileshe Kandeta. […]
23 Oct 2017
|
Mukosha Funga Njenga
Irregular fuel pricing denotes instability in Zambia’s economy – ActionAid
ActionAid Zambia Country Director Nalucha Nganga says government’s decision to review fuel prices every 60 days denotes instability in the country’s economy. In an interview, Nganga observed that frequent price adjustments affected people’s planning. “We […]
21 Oct 2017
|
Sipilisiwe Ncube
We need to reduce our appetite for borrowing – Mutati
Finance Minister Felix Mutati says Zambia needs to reduce its appetite for contracting debts. And Mutati says the IMF bailout request has not failed, as negotiations were still ongoing. Speaking in parliament on Thursday when […]
18 Oct 2017
|
Mirriam Chabala
ERB too quick at hiking prices, slow on reducing – CUTS
The Consumer Unity and Trust Society says ERB is too quick to hike fuel prices whenever factors that determine oil prices on the international market change. Commenting on the recently announced K1 increment in fuel […]
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