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Business
It’s a direct divorce if Vedanta fails, no liquidation – Kabuswe
GOVERNMENT says its agreement with Vedanta has been structured in such a way that if the company fails to run KCM, there will be no provisional liquidation but an absolute “divorce”. Speaking, when he featured... […]
JCTR, JENA launch debt advocacy project
JCTR and JENA have launched a debt advocacy project aimed at helping address Zambia’s debt crisis, offering a solution which can also be adopted by other indebted nations. The project is dubbed “Driving Equitable Sovereign... […]
ZRA garnishes K238m from taxpayers
THE Zambia Revenue Authority (ZRA) says it has garnished K238 million from government suppliers who are non-compliant with payment and declaration of correct taxes. In a statement, Thursday, ZRA Corporate Affairs Manager Oliver Nzala said... […]
ZPPA suspends Investcorp from public procurement for under-performance
ZPPA has suspended Investcorp Zambia Limited (IZL) from participating in public procurement for failure to deliver a 20-ton dump truck to Nitrogen Chemicals of Zambia (NCZ) within the period provided in the contract. In a... […]
Low economic growth to continue in the short, medium term, predicts ZACCI
THE Zambia Chamber of Commerce and Industry (ZACCI) says Zambia’s low economic growth will continue in the short and medium term, considering the heightened upward risks within the global supply chains. And Finance and National... […]
No tax holidays will be given to Vedanta – Kabuswe
MINES and Minerals Development Minister Paul Kabuswe says no tax holiday will be given to Vedanta following its return to KCM. And Kabuswe says all agreements embedded in the agreement with Vedanta will be checked... […]
People don’t understand that fuel prices change daily – ERB
ENERGY Regulation Board (ERB) Chairperson Reynold Bowa says people don’t seem to understand that fuel prices change daily. Recently, Zambia Must Prosper Leader Kelvin Fube Bwalya said the UPND government was exploiting citizens by increasing... […]
RTSA approves bus fare hike
THE Road Transport and Safety Agency (RTSA) has announced an upward adjustment in bus fares following the recent increase in fuel. The bus fares for Inter-Mine routes on the Copperbelt have been increased by K3,... […]
Govt to establish a gaming board
GOVERNMENT says it is in the process of establishing a Gaming Board of Zambia that will ensure formalisation of operations in the sector. And Tourism Minister Rodney Sikumba has warned those who operate Bonanza gaming... […]
We’re having challenges buying maize in some areas, farmers opting for private buyers – FRA
FOOD Reserve Agency (FRA) Executive Director Mwansa Chamatete says the agency is facing challenges in some locations as farmers are opting to sell their maize to private buyers who are offering a higher price. And... […]
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