Saturday, April 20, 2024

Economy

Fuel adjusted by K2.31, effective midnight

The Energy Regulation Board (ERB) has adjusted upwards the pump price of fuel effective midnight tonight citing changes in two main variables that influence...

Poor performance of Kwacha putting pressure on debt service

Price WaterHouse Coopers economic adviser Joseph Chibuye said the current state of the Zambian economy will not see new investors coming to invest in...

Vedanta boss avoids last AGM as firm completes London delisting 

Loud protests took place at Vedanta Resources’s last London AGM on Monday. Company founder and Chairman Anil Agarwal was not present, creating uproar among protesters...

Zambia to introduce sales tax next year to boost revenues

Zambia will abolish Value Added Tax (VAT) and replace it with a non-refundable sales tax in April, Finance Minister Margaret Mwanakatwe said on Monday,...

President Lungu praises Switzerland’s mining investment in Zambia

President Edgar Lungu has described the dialogue and patriotism among member countries as key ingredients in promoting humankind. And President Edgar Lungu has reiterated that...

Fully participate to ensure successful implementation of the 2019 national budget, Mwanakatwe tells private sector

Government has called on the private sector to fully participate in ensuring successful implementation of the 2019 national budget. And Minister of Finance Margaret Mwanakatwe...

China will continue helping Africa with no political strings attached-Li

Chinese ambassador to Zambia Li Jie has said that China will continue helping Africa with no political strings attached to aid. Mr. Li...

Government aims at expanding tourism resource base

Parliament heard yesterday that the proposed 2019 National Budget will focus on promoting diversification of tourism products and domestic tourism. Finance Minister Margaret Mwanakatwe...