Business

1 Nov 2017 | Mirriam Chabala

Govt exploiting Zambians through TopStar – Green Party

Green Party president Peter Sinkamba has observed that government is exploiting Zambian subscribers by overtaxing them for TV levy under the TopStar Television deal. In a statement today, Sinkamba appealled to Information Minister Kampamba Mulenga […]

31 Oct 2017 | Linda Jere and Patricia Mbewe

Zamtel owed ZRA over K1bn in taxes

Zamtel chief executive officer Sydney Mupeta says the institution is steadily clearing its debt with the Zambia Revenue Authority. Speaking at a joint media briefing with ZRA today, Mupeta, who could not disclose how much […]

31 Oct 2017 | Mirriam Chabala

Zambia’s borrowings are exhausted in corruption – Tilyenji

Much of Zambia’s borrowing ends up in the financing of corrupt deals, says United Nations Independence Party (UNIP) president Tilyenji Kaunda. But Kaunda says there should be no limit to borrowing as long as the […]

31 Oct 2017 | Sipilisiwe Ncube

Farmers who kept their maize will get a good deal in December – Siliya

Agriculture Minister Dora Siliya says farmers who stored their maize will sell their produce for a good deal in December and January when prices swell. Speaking when she featured on ZNBC’s Sunday Interview, Siliya however, […]

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 […]