Government will not allow Mopani to disadvantage local contractors and suppliers-Musukwa

Minister of Mines and Minerals Development Honourable Richard Musukwa has reiterated that the suspension of the new procurement method at Mopani Copper Mines still stands.
Minister of Mines and Minerals Development Honourable Richard Musukwa has reiterated that the suspension of the new procurement method at Mopani Copper Mines still stands. Mr. Musukwa said that the new procurement method called “Mopani’s contractor optimization programme,” disadvantages Zambian Citizens and is contrary to...

Government pledges continued support to the film industry

President Edgar Lungu
President Edgar Lungu has emphasized on the need to support local content in the country's film industry. President Lungu has noted that Zambians must realize that the film industry can be a good source of income if well harnessed. He says the film industry is also...

K418million not collected In 2018

The Auditor General’s report for the financial year ending December 31, 2018 has highlighted failure to collect K418 million in revenue as the highest irregularity for the period under review. Head of Public Relations in the Office of the Auditor General Ellen Chikale says the...

Zambia expected to produce over 3 million metric tones of maize in the 2019-2020 farming season

Agriculture Minister Michael Katambo
Minister of Agriculture Hon. Michael Katambo has stated that Zambia’s agriculture sector is expected to produce over 3 million metric tones of maize in the 2019-2020 farming season, and an increase of about 3.5 million metric tones in the 2020-2021 farming season. He said going...

Private sector is struggling – Zambia Tax Platform

Minister of National Development Planning Alexander Chiteme handing over awards to various recipients on behalf of Government institutions and private sector companies during the Labour Day Celebrations in Mbala on 1 May 2018. – PHOTO | CHIBAULA D. SILWAMBA | MNDP
The Zambia Tax Platform is concerned with the measures set out in the 2020 national budget aimed at stimulating the domestic economy. Zambia Tax Platform Coordinator Ibrahim Kamara says it is evident that the private sector in the country has continued to struggle despite being...

ZRA pleased with new VAT measures

ZRA Commissioner General Kingsley Chanda
The Zambia Revenue Authority is pleased with the new VAT measures proposed in the 2020 budget by the Minister of Finance Dr. Bwalya Ng’andu. ZRA Commissioner General Kingsley Chanda said the decision by Government to maintain the Value Added Tax will be implemented by the...

Kafwaya challenges ZICTA to start sanctioning mobile phone companies for shoddy services

Transport and Communications Minister Mutotwe Kafwaya has challenged the Zambia Information and Communications Technology Agency to start sanctioning mobile phone service providers that are providing below par services.Mr Kafwaya said ZICTA should start getting tough on service providers that flout standard of service guidelines. He...

Barrick’s $1bn Lumwana mine in Zambia attracts Chinese interest

The Lumwana copper mine is located about 100 km west of Solwezi in Zambia’s Copperbelt. (Image courtesy of Barrick Gold.)
China Minmetals, Jiangxi Copper and Zijin Mining are among the firms weighing to bid for Canadian mining firm Barrick Gold’s Lunwana copper mine in Zambia. If the deal materialises, the mine could be worth approximately $1bn. China Molybdenum and Aluminum Corp were also invited to take...

TAZARA to be recapitalized-Ministers

Tazara
The Council of Ministers from Zambia and Tanzania has resolved to finance the re-capitalization of the Tanzania-Zambia Railways. During a meeting held in Dar-es-salaam, the Council of Ministers notes that the performance of Tazara remained below break-even point and therefore requires immediate action to...

Government is doing everything possible to address Zambia’s power deficit-President Lungu

President Edgar Chagwa Lungu (centre) accompanied by Minister of Agriculture Michael Katambo (left) and National Milling Corporation Managing Director David Bosse tour the Ultra Modern New Mill in Lilayi, Lusaka on Friday, October 11,2019 .
President Edgar Lungu says government is doing every possible to address the power deficit the country is experiencing. The President has observed that the power deficit is impacting negatively on agricultural production and other economic sectors. Meanwhile, President Lungu says the Zambian government has embarked on...

EITI framework to enhance transparency of mining ownership

EU delegates, Mines PS Paul Chanda, Mines Director Mooya Lumamba, and far end GSD Director Chipilauka Mukofu
Government says hidden ownership of mining operations in the country is a breeding ground for illicit financial flows and , which must be quickly addressed. ZANIS reports that the Ministry of Mines says the Extractive Industries Transparency Initiative (EITI) framework being implemented in the country...

President Lungu commissions a Milling plant that will mill 600 metric tonnes of wheat per day

President Edgar Lungu has today commissioned an ultra-modern National Milling Corporation plant in Lilayi that will mill about 600 metric tonnes of wheat per day. The plant will commence by milling wheat only and after a period of twelve months, will start maize processing a...

High poverty and inequality levels have remained a huge challenge for Zambia-Mwaipopo

CTPD Executive Director Isaac Mwaipopo
The Centre for Trade Policy and Development says high poverty and inequality levels have remained a huge challenge for Zambia. Executive Director Isaac Mwaipopo says although Development Plans, Policy Documents and Strategy papers have been crafted one after another to give direction on how to...

Zambia has collected over K 2 million through the inspection and escort fees for Mukula Logs from DRC

Minister of Lands, Natural Resources and Environmental Protection Jean Kapata
Government has so far collected over two million Kwacha revenue through the inspection and escort fees on Mukula Logs in transit from Democratic Republic of Congo-DRC through Zambia. Lands and Natural Resources Minister Jean Kapata says the amount accounts for 4- hundred and 45 DRC...

Government looking to cut down cost of Lusaka-Ndola dual carriageway

Housing and Infrastructure Development Minister Vincent Mwale says government is revisiting the contract for the Lusaka – Ndola dual carriageway with the possibility of cutting the cost down. Mr. Mwale says government is revisiting the scope of works to see if the existing road can...