Business

THE Zambia Industrial Commercial Bank has rewarded two customers, Chibuta Mwaba and Margaret Nkula, with grand prizes in its Wina na ZICB Campaign. Mwaba received a brand-new Suzuki Grand Vitara in the retail category, while... […]

MULTICHOICE Zambia says it has contributed approximately $244.8 million to the Zambian economy. In a statement celebrating 30 years of broadcast, MultiChoice Zambia Board Chairperson Bishop Joseph Kazhila noted that the company had significantly invested... […]

THE Petroleum Transporters Association of Zambia (TPAZ) has lamented that the transportation of fuel through the TAZAMA pipeline has negatively impacted their business. In an interview, Tuesday, TPAZ Secretary General Benson Tembo said when the... […]

MILLERS Association of Zambia (MAZ) president Andrew Chintala is urging all market players who are accessing maize at affordable prices to also pass on the benefit to farmers and consumers. Meanwhile, Chintala says the association... […]

ZCCM-IH has disclosed that its shareholders have approved a dividend of K529 million for the 2024 financial year, which is a significant increase from K243 million in 2023. In a statement, Monday, Company Corporate Affairs... […]

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.... […]