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Economy

Mobile banking is the key for the delivery of financial services in Zambia-MTN

MTN Zambia says mobile banking is the key for the delivery of financial services in Zambia. Speaking at the Chief Chibale Traditional Ceremony in Serenje district, MTN Zambia Chief Sales..

ZRA has an obligation to pay the outstanding VAT refunds-Chamber of Mines

Press statement from the Chamber of Mines Zambia Revenue Authority, VAT Rule number 18(1(b)) should be amended and ZRA has an obligation to pay the outstanding vat refunds We have..

Zambia risks being ‘recolonised’ for giving huge chunks of land to foreigners-Kapeya

LANDS, Natural Resources and Environmental Protection, Minister Mwansa Kapeya has warned that Zambia risks being ‘recolonised’ if it continues giving huge chunks of land to foreigners. Speaking during a media..

LCC demolishes 46 illegal shops at New Soweto Market

A COMBINED team comprising the Lusaka City Council (LCC) police and the Zambia Police Service swung into action on Thursday at midnight and demolished 46 illegal shops at New Soweto..

K47.74 million not accounted for Ministry of Local Government and Housing

THE Auditor General’s report on the Ministry of Local Government and Housing has revealed that out of a provision of K196 million for water sanitation programme support phase one, K47.74..

FRA owes Petauke farmers K33 million

Government owes K33 Million to farmers who sold their maize to the Food Reserve Agency (FRA) in Petauke district of Eastern Province. District Commissioner Velenasi Moyo said this when Information..

August inflation static at 8.0 percent

Zambia’s annual inflation has remained the same for the month of August 2014 as that of July, 2014, by maintaining the 8.0 per cent. This means that on average, prices..

Load shedding will be controlled-Yaluma

Mines, Energy and Water Development Minister Christopher Yaluma says strides are being taken to control the challenge of aggressive load shedding that has hit the country for several years now…

Action Aid calls for tax review in the mining sector

An international civil organization Action Aid has advised the government to review the country’s tax system in the mining sector. Action Aid Economic Justice Project Officer, Kryticouf Nshindano says government..

Rally behind Sata for development – Wynter Kabimba

PATRIOTIC Front (PF) secretary-general Wynter Kabimba has yet again appealed to Zambians to rally behind President Sata in his quest to develop the country. Mr Kabimba, who is also Minister..

Luanshya considers anti-tree cutting by-law

Luanshya Mayor Gordon Siwale says the local authority is considering introducing a by-law aimed at curbing the rampant cutting-down of trees. Councilor Siwale says the Council wants to enact a..

Madison Financial Services IPO fully subscribed, raises K 62 million.

Zambia’s first Initial Public Offer in six years, the Madison Financial Services share offer was fully subscribed by mainly individuals. The development shows the growing appetite for individual shareholders to..

Hilton Hotel Lusaka to open by mid next year

The National Pensions Scheme Authority, the financiers of the redevelopment of Society House are confident that Hilton Worldwide Holdings, the developers of the Hilton Garden Inn Lusaka will complete the..

Government launches solar charger

Government has launched the first ever Mobile telecommunication solar charger in the country. Speaking during the launch in Lusaka yesterday, Mines, Energy and Water development Minister Christopher Yaluma said the..

Traders continue rejecting coins

Traders in Kitwe have continued rejecting small coins from buyers saying they are an inconvenience. Speaking in an interview with ZANIS in Kitwe yesterday, Charity Mulenga said the traders were..