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Business
We’ve taken interest in reports of accidents at NFCA – Govt
MINISTRY of Mines and Minerals Development Permanent Secretary Dr Hapenga Kabeta says his Ministry has taken interest in reports of concealed mine accidents at Chinese owned NFC Africa Mining Limited, also known as Mukulumpe Mine... […]
Haabazoka urges govt to abolish personal income tax
ECONOMIST Lubinda Haabazoka has urged government to scrap off personal income tax and focus on Value Added Tax (VAT), to reduce the burden on citizens who have been heavily taxed. In an interview, Habazooka wondered... […]
MSME sector employed 1.9m people in 2022 – Survey
THE 2022 Micro, Small and Medium Enterprise (MSME) Financial Survey Report has revealed that 1.9 million people were employed in the MSME sector in 2022. And Bank of Zambia Governor Dr Denny Kalyalya says high... […]
We expect blended fuel to be 20% cheaper – OMCAZ
OIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says he expects the cost of blended fuel to be 20 percent cheaper than fossil fuel prices when at full production. Dr Kafula says... […]
Approval of IRH’s $1.1bn investment a great relief – UPND MP
KANKOYO UPND Member of Parliament Heartson Mabeta says the approval of the US$1.1 billion capital investment by IRH into Mopani is a great relief for the struggling mine sector. Mabeta says the people of Mufulira,... […]
It’s true that we have no capacity to audit mines – ZRA
ZAMBIA Revenue Authority (ZRA) board chairperson Caleb Fundanga says he agrees with former ZRA commissioner general Kingsley Chanda that the authority’s capacity to audit mining companies remains low. Dr Fundanga says mining firms have been... […]
ERB suspends operations at Puma Kabwe central service station
THE Energy Regulation Board (ERB) says it has directed the immediate suspension of all retailing of petroleum products at Puma Central Service Station in Kabwe District of Central Province following numerous complaints from customers who... […]
ZRA workers have no capacity to audit mines – Chanda
FORMER Zambia Revenue Authority (ZRA) commissioner general Kingsley Chanda says ZRA workers do not have the capacity and skills required to audit mining companies. And Chanda says VAT refunds cannot work in a country where... […]
We’ve started blending fuel with ethanol – ERB
ENERGY Regulation Board (ERB) Chairperson Reynolds Bowa says the country has initiated a pilot project in Lusaka where fuel is blended with ethanol. Bowa however says that the quantity of ethanol currently being produced in... […]
$270m WB grant an economic booster – Govt
GOVERNMENT says the $270 million grant that the World Bank has given to Zambia, aimed at improving the efficiency, connectivity and climate resilience of key regional transport and trade corridors in Eastern and Southern Africa,... […]
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