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Business
10 Jul 2024
|
Philip Chisalu
We hope that govt will continue on its reduced borrowing trend – CSO Debt Alliance
IN the past few years, we’ve seen how government has been responsible in the way they are borrowing, we hope that this trend continues even beyond 2024, says CSO Debt Alliance. On Sunday, Finance Minister... […]
9 Jul 2024
|
Philip Chisalu
BOZ ponders phasing out cheque books
THE Bank of Zambia is pondering phasing out the use of cheques as a payment instrument, effective December 31, 2025. According to a notice issued yesterday, BOZ stated that the decision was necessitated by a... […]
9 Jul 2024
|
Philip Chisalu
ERB lifts domestic solar equipment importation restrictions
THE Zambia Revenue Authority has announced that importers of domestic solar equipment are no longer required to get a one-off waiver from the Energy Regulation Board. In a joint statement, ERB and ZRA stated that... […]
9 Jul 2024
|
Philip Chisalu
Govt grants Maamba Collieries exploration licenses for lithium, other minerals
ZCCM-IH has announced that its investee company, Maamba Collieries Limited (MCL), has been issued two large scale exploration licenses for lithium and other minerals in Southern Province. ZCCM-IH says the licenses are valid for four... […]
9 Jul 2024
|
Philip Chisalu
We issued 133 licences, 32 construction permits in first half of 2024 – ERB
THE Energy Regulation Board has disclosed that it issued 133 licences and 32 construction permits in the first half of 2024. And ERB Public Relations Manager Namukolo Kasumpa has revealed that the regulator has continued... […]
8 Jul 2024
|
Ulande Nkomesha
We spent K13.8bn on debt in June – MoF
THE Ministry of Finance and National Planning released K22.7 billion for public service delivery and developmental programmes in June. And the Ministry says out of the K22.7 billion released, K13.8 billion was spent on debt... […]
6 Jul 2024
|
Zondiwe Mbewe
We’re ready with $250m funding to pay KCM creditors – Vedanta
VEDANTA Resources has announced that it has arranged US$250 million funding to pay KCM creditors, as per a High Court decision rendered on June 28, 2024. In a joint statement, Friday, Vedanta and ZCCM-IH stated... […]
5 Jul 2024
|
Philip Chisalu
ZRA calls for consistent use of Smart Invoice system
THE Zambia Revenue Authority has called for consistent use of the Smart Invoice system among all Value Added Tax (VAT) registered taxpayers that have successfully implemented it. In a statement, Thursday, ZRA Corporate Communications Manager... […]
5 Jul 2024
|
Philip Chisalu
Social media reactions against govt’s new online portal puzzles Mines PS
MINISTRY of Mines and Minerals Development Permanent Secretary Hapenga Kabeta has questioned the motivation behind social media concerns around the proposed changes to the country’s Cadastre management software. Meanwhile, last week, the International Conference on... […]
5 Jul 2024
|
Philip Chisalu
BOZ approves Investrust resolution plan
THE Bank of Zambia (BOZ) says it has approved a resolution plan for Investrust Bank Plc, in possession, which will be availed to the public as soon as all the modalities are finalised. BOZ Assistant... […]
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