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Economy

ADD commends govt for revamping Mulungushi Textiles of Zambia

The Alliance for Democracy and Development (ADD) in Central Province has commended government for finding stakeholders to revamp Mulungushi Textiles of Zambia. ADD Provincial Chairperson,...

Copper thefts will erode investor confidence in Zambia-Saasa

A Lusaka based economist has expressed concern over continued reports of thefts of copper cathode in the country saying this has a negative impact...

Charlotte Scott asks women to be innovative in business matters

Wife of Vice President, Charlotte Scott has challenged women in the country to be innovative by sharpening their entrepreneurial skills if they were to...

Banks will soon be rejecting cheques without proper decimal precision

Bankers Association of Zambia (BAZ) Chief Executive Officer (CEO) David Chewe has called on members of the public and businesses to quickly acquaint themselves...

Securities Investment expert calls on ZRA and Securities and Exchange Commission to give Zambians a report on Zambia Sugar scandal

A report by ActionAid has revealed that Zambia Sugar Plc has siphoned KR374 million from Zambia through exploitation of legal loopholes from 2007 to...

Mealie meal prices in Solwezi skyrocket amid shortages

Traders on the black market in Solwezi district are selling a 25 kilogramme bag of breakfast at KR92 (K92,000) and roller meal of the...

Zambia Sugar brands ActionAid report on tax avoidance as inaccurate(updated)

Zambia Sugar has dismissed the report by ActionAid that it was involved in evading tax remittance tax avoidance in Zambia. Spokesperson Lovemore Sievu said the...

Zambia sugar plc subsidiary of Associated British Foods accused of tax avoidance after sending massive profits abroad

Associated British Foods has been accused of Zambia tax avoidance after sending massive profits abroad. One of Britain's biggest multinationals, whose brands include Silver...