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Alba Iulia
Thursday, July 9, 2020

Economy

Sata happy with auction of emeralds in Zambia

President Michael Sata has expressed satisfaction at the successful auction of emeralds held in Lusaka recently. President Sata said following the outcome of the successful auctions there is no doubt about the country’s ability to hold these auctions locally and...

July Inflation for Zambia stays at 7.3 %

ZAMBIA’S inflation rate for July has been maintained at 7.3 percent due to changes over time in the general level of prices of goods and services at household level, Central Statistical Office (CSO) has said. CSO director John Kalumbi said...

Miles Sampa calls for the release of marooned trucks

DEPUTY Minister of Commerce, Trade and Industry Miles Sampa has called on the Zambia Revenue Authority (ZRA) not to misinterpret Statutory Instrument No. 55 and release trucks marooned at Kazungula border post. Mr Sampa said it is unfortunate that some...

Displaced chiwala villagers wanted K15,000 compensation from Dangote

A HEADMAN Of Chiwala village has told the magistrate how a pastor and four others threatened to set the houses of the villagers ablaze if they collected money from Dangote cement plant meant for compensation for digging up raw...

Ndola City Council to sue ZAMBEEF

THE Ndola City Council (NCC) will take legal action against Zambeef PLC following the laboratory detection of Aromatic Aldehyde in Zambeef products ceased last month. NCC public relations manager Roy Kuseka who confirmed in a statement in Ndola yesterday said...

The auctioning of emeralds is good for taxing purposes- Caleb Fundanga

The Institute of Finance and Economics of Zambia has said that the auctioning of emerald in the country is good for taxing purposes. Speaking to Qfm in an interview, Institute president Caleb Fundanga said that when emeralds are...

Government reports on June Budget Performance

THE Government raised K1.6 billion in terms of tax, non-tax, and grant revenue in June 2013, while expenditure totalled K2.5 billion, Secretary to the Treasury Fredson Yamba has said. Mr Yamba has since reassured that the Treasury was determined to...

Some Chipata residents vow to continue buying ZAMBEEF meat products

Some residents of Chipata in Eastern province have vowed to continue buying ZAMBEEF meat products because they feel whatever chemicals the company is accused of using to keep their imported products fresh has no effect on them. A snap survey...

Lusaka City Market closed due to riot

LUSAKA City Market has been closed with immediate effect following a protest by marketeers and street vendors which resulted into a riot, Council public relations officer Henry Kapata has said. Mr Kapata said the closure followed two riots, one on...

Efforts to counter tax evasion beneficial-Miles Sampa

GOVERNMENT says plans by the international community to tackle tax avoidance and evasion are positive and will help Zambia to reap full benefits from its natural resources. Zambia, like many countries, has been adversely affected by tax avoidance with...
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Latest News

Over 4,200 tour Vic Falls over the Heroes and Unity holidays

About 4,268 visitors accessed the Victoria Falls during Heroes and Unity holidays, the highest number ever recorded. Livingstone Tourism Association...

Access Bank seeks to buy off Cavmont Capital

Access Bank Zambia Limited has announced that it has entered into exclusive discussions with Cavmont Capital Holdings Zambia Plc regarding a potential transaction between...

Zambian fintech startup receives $1-million investment

Lupiya, a Zambian based microfinance startup has received an investment of $1-million from Enygma Ventures, a US venture capital (VC) fund. Founded in 2015, Lupiya...

Health Minister’s Corruption Case fails to take of as PF cadres Jam the Court Room

Minister of Health Chitalu Chilufya has appeared before the Lusaka Magistrate Court but could not take a plea. This was after Chief Resident...

People Declaring “No Go Areas” Should be Arrested for Breaching Article 22 of the Constitution-CiSCA

CiSCA Statement on the Possible Breach of Article 22 of the Constitution The Civil Society Constitution Agenda (CiSCA) is greatly concerned with the non-arrest or...
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