Business

GOVERNMENT has disclosed that it collected revenue and grants amounting to K89 billion between January and June 2025, compared to a target of K91.8 billion. This outturn comprised tax revenue of K70.3 billion, non-tax revenue... […]

THE Civil Society for Poverty Reduction (CSPR) has advised Zambia Revenue Authority (ZRA) to completely decommission the Withholding Value Added Tax (WVAT) mechanism as opposed to suspending it. On Saturday, ZRA announced that it would... […]

GOVERNMENT has proposed to spend K71.9 billion on debt service payments in 2026, K66.4 billion in 2027 and K70 billion in 2028. This allocation includes interest payments for both domestic and external debt, as well... […]

THE Zambia Revenue Authority (ZRA) has suspended the Withholding Value Added Tax (WVAT) mechanism, effective August 1, 2025. ZRA says this decision is a result of the successful rollout of the Smart Invoice system, which... […]

ENERGY Minister Makozo Chikote says Oil Marketing Companies should not only focus on profit maximization but see how they can help grow the country’s economy. Meanwhile, Oil Marketing Companies Association of Zambia (OMCAZ) president Dr.... […]

THE Food Reserve Agency (FRA) says Zambia has signed a Memorandum of Understanding (MoU) with the Democratic Republic of Congo (DRC) to export one million metric tonnes of surplus maize. FRA Board Chairperson Suresh Desai... […]

THE Grain Traders Association of Zambia (GTAZ) says the country has enough maize for farmers to sell to both the Food Reserve Agency (FRA) and private buyers. On Sunday, Chief Government Spokesperson Cornelius Mweetwa urged... […]

MINING Expert Edward Simukonda says government has the capacity to run gold mines and there is no need for partnership with large-scale investors. Recently, Ministry of Mines Permanent Secretary Dr Hapenga Kabeta announced that the... […]

THE Economics Association of Zambia (EAZ) has accused Oil Marketing Companies (OMCs) of deliberately hoarding fuel in an attempt to create artificial shortages and profit from potential future price increases. A recent spot check by... […]

ECONOMIST Dr Trevor Hambayi says Zambia’s membership in regional trade blocs like COMESA and SADC has failed to yield tangible benefits, particularly in terms of trade growth. Dr Hambayi argues that most countries within these... […]