Thursday, May 15, 2025

Economy

Zambia’s response to its debt hole is to keep digging

Zambia mortgages the future by taking over Glencore copper debt State-owned Zambia Consolidated Copper Mines Limited (ZCCM) this week agreed to take on $1.5bn of...

Oil Marketing Companies begins importation of petroleum products after Zero rating VAT and Excise duty

Oil Marketing Companies (OMCs) have resumed the importation of petroleum products after effecting of the recently zero-rated value-added tax on petroleum products by...

4 Former Ministers have not yet paid back the money-Accountant General

The Ministry of Finance has announced that full verification and reconciliation of repayments related to salaries that were paid to Cabinet, Provincial, and Deputy...

Government will this week conclude paying personnel engaged in pre-Census exercises – Chiteme

The Minister of National Development Planning Honourable Alexander Chiteme, MP, today announced that the Government is this week concluding to pay all outstanding balances...

Energy Minister Matthew Nkhuwa announces the removal of excise duty on diesel

Energy minister Matthew Nkhuwa has announced the removal of excise duty on diesel while excise duty on petrol has been reduced to K0, 64...

Acquisition of the 100 % stake in Mopani Copper Mine by Government wins praise

The Economic Association of Zambia (EAZ) has commended government for acquiring a 100-percent stake in Mopani Copper Mine. Yesterday Government through ZCCM-IH acquired...

Mopani deal in simple terms

Glencore has agreed to sell 90% of its shareholding in Mopani Copper Mines to the Government of Zambia(ZCCM-IH). At the completion of the transaction...

ZCTU calls on Government to recruitment more teachers

The Zambia Congress of Trade Union (ZCTU) has appealed to the government to consider recruiting more teachers in Lukulu and Mitete districts in...