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Business
11 Oct 2017
|
Mirriam Chabala
CTPD welcomes lifting of 5-year tax holiday
CTPD says government’s decision to discontinue the five-year income tax holiday for companies will broaden Zambia’s revenue base. And CTPD says research has revealed that about K1 billion of the country’s revenue is realised from […]
11 Oct 2017
|
Joseph Mwenda
Zambia at high risk of debt distress – IMF
The International Monetary Fund (IMF) has observed that Zambia’s ballooning external debt puts the country at high risk of debt distress. And the IMF says although the near-term outlook for the Zambian economy has improved […]
10 Oct 2017
|
Zondiwe Mbewe
Milupi questions Lungu’s promise to adjust maize price
ADD leader Charles Milupi says it is frustrating that President Edgar Lungu has failed to honour his promise of revising the maize flow prices, after raising farmers expectations. Milupi said in an interview with News […]
10 Oct 2017
|
Mirriam Chabala
‘Nationalisation’ of Intermarket Bank through NAPSA stinks corruption – Sinkamba
Green party president Peter Sinkamba says government’s decision to ‘nationalise’ Intermarket Bank by converting a K50 million NAPSA debt into shares under the new bank name “Zambia Industrial Commercial Bank (ZICB), smells of corruption. In […]
10 Oct 2017
|
Mirriam Chabala
Silence on PAYE is punishment to poor workers – CUTS
The Consumer Unity and Trust Society (CUTS) has expressed disappointment at finance minister Felix Mutati’s failure to review the Pay As You Earn (PAYE) band in the 2018 national budget. And CUTS says government should […]
10 Oct 2017
|
Sipilisiwe Ncube
Tanzanians buying Zambian maize at K150 per bag – Chief Zombe
Chief Zombe of the Lungu people in Northern province says the K60 maize price in Zambia has forced farmers in his chiefdom to sell their grains to Tanzanian dealers who are purchasing the produce at […]
8 Oct 2017
|
Zondiwe Mbewe
2018 budget is a hoax, says Nevers Mumba
Former Republican vice-President Nevers Mumba says the 2018 national budget is a hoax because finance minister Felix Mutati lied to Parliament about Zambia’s true debt position. In an interview with News Diggers! Mumba said the […]
7 Oct 2017
|
Mirriam Chabala
NAPSA ‘buys’ Intermarket Bank shares
Finance minister Felix Mutati today told Parliament that the National Pension Scheme Authority (NAPSA) has bought a significant stake in Intermarket Bank, which is expected to resume operations under the name “Zambia Industrial Commercial […]
5 Oct 2017
|
Mirriam Chabala
2018 budget an ulcer – Dundumwezi MP
Dundumwenzi UPND member of parliament Edgar Sing’ombe says the 2018 national budget is a “topical ulcer which Zambians will be nursing the entire year”. And Mongu central UPND member of parliament Dr Mwilola Imakando says […]
5 Oct 2017
|
Sipilisiwe Ncube
Mushimba explains RTSA/Lamise tender: Govt wont spend anything
Transport and Communications Minister Brian Mushimba says the concession agreement which the Road Transport and Safety Agency (RTSA) and Intelligent Mobility Solutions Limited has entered into to provide traffic management solutions and services at a […]
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