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Alba Iulia
Tuesday, August 11, 2020

Economy

ZRA increases revenue collection at Kasumbalesa border post by over 50%

The Zambia Revenue Authority (ZRA) has increased its revenue collection at Kasumbalesa border post by over 50 per cent. And Finance Minister Alexander Chikwanda has commended ZRA management for adequately tackling the problem of resource misdirection which he said was...

New bulk fuel storage depot commissioned

Government has commissioned the 25 million litre Lusaka Bulk Fuel Storage Facility for strategic fuel reserve. The facility, situated along Buyantanshi road in the industrial area will be able to store 13 million litres of Diesel, 10 million litres of...

ZAMBIA’s economic outlook will remain favourable-Bank Governor

ZAMBIA’s economic outlook will remain favourable in the second half of 2013 due to continued strong domestic investments in key productive sectors. Bank of Zambia (BoZ) Governor Michael Gondwe said Zambia’s economic prospect for the second half of 2013 had...

Government launches computerised land management system costing K4.39 million

GOVERNMENT has launched a new land management system aimed at tackling land malpractices, Lands, Natural Resources and Environmental Protection Minister Wylbur Simuusa has said. The Computerised Land Administration System valued K8 million would provide secure, transparent and traceable land transactions...

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...
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