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Alba Iulia
Wednesday, August 12, 2020

Economy

ZRA realises K6.4 trillion from taxes

THE Zambia Revenue Authority (ZRA) realised K6.4 trillion from various taxes with Pay-As-You Earn (PAYE) contributing K1.9 trillion. The taxes that contributed to the ZRA revenue were that of Income Tax, Value-Added-Tax (VAT), Customs and Excise as well as Mineral...

Areeba Dragged again to court in Ghana, This time over Qos

A class action has been taken against Scacom Ghana Limited, operators  of Ghana’s biggest mobile phone network, Areeba, for violating relevant  provisions of the National Communications Authority (NCA) Act and  bregulations for high quality of service. The action comes in...

Sell of 49% shares of Zambia National Commercial Bank to Rabobank was done

Forum for Democracy and Development (FDD) President Edith Nawakwi has maintained that the sale of the Zambia National Commercial Bank (ZANACO) 49 percent shares to Rabobank of the Netherlands was done fraudulently. Ms Nawakwi says the Zambian Law does not...

Comesa to launch FAMIS

The Common Market for Eastern and Southern Africa (COMESA) has organised a Food and Agricultural Marketing Information System (FAMIS) workshop in Lusaka. More than 200 stakeholders in the agriculture sector would attend the workshop that would mark the unveiling of FAMIS. The...

LuSE capitalization grows

LUSAKA Stock Exchange (LuSE)'s market capitalisation grew by 52 per cent in 2006, representing a K13 trillion increase from 11 per cent registered the previous year. In dollar terms, the market capitalisation grew by 30 per cent to reach US3.2...

ZESCO, Albidon seal US2.2m deal

The Zambia Electricity Supply Company (ZESCO) has signed a power supply agreement involving US$2.2 million with Albidon Zambia Limited company. Speaking at the signing ceremony in Lusaka today, ZESCO Managing Director Rodnie Sisala said ZESCO would construct a 33 KV...

Govt. releases K200m for terminal construction in Mongu

Government, through the Ministry of Transport and Communication, has released K200 million for the construction of a passenger bus terminal at Mulamba Harbour in Mongu district. Mulamba Harbour Master, Washington Nkhonjela, said the construction of the terminal would commence as soon...

Lake Kariba silt, sand blocks irrigation progress

By Tovin Ngombe The Small Scale Irrigation Project (SSIP) has observed that sedimentation has become a serious problem at Buleya Malima irrigation scheme on Lake Kariba in Sinazongwe district. Sedimentation which is a process where small particles that are moved...

Voluntary Medical Scheme Introduced

The Government has introduced a voluntary medical scheme for public service workers following an agreement with the public service unions, Zambia Daily Mail reported Monday. Employees and the government will be required to contribute 40 and 60 percent of the...

China offers Zambia tariff-free market

Lusaka - China had offered Zambia tariff-free market access for its products and would allow its citizens to borrow investment capital from the Bank of China, finance minister Ng'andu Magande said yesterday. Chinese firms had started feasibility studies on how...
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Latest News

ZRA Intercepts 4 more Trucks Smuggling goods into Zambia

The Zambia Revenue Authority (ZRA) has intercepted 4 more trucks carrying assorted lotions worth over 1.7 million Kwacha. The consignments...

PF had restricted Invitations to the opening of the flyover bridge in Makeni-Antonio Mwanza

Patriotic Front Deputy Media Director Antonio Mwanza says the PF cannot take advantage or use the COVID-19 pandemic to campaign when numerous achievements are...

Some MPs have Deliberately Misled the Public on the contents of Bill 10

Bill 10 advocate Prince Sindoyi has expressed disappointment that some Member of Parliament have deliberately misled members of the Public on the contents of...

Mordon Malitoli Salutes Nkana League Victory

Nkana legend Mordon Malitoli has declared that his old club will continue dominating the FAZ Super Division for many years to come. Kalampa...

In M’membe Zambia will have a patriot, honest, resolute and most educated President – Musumali

> By Socialist Party reporter THE Socialist Party says without overstating facts, its president and 2021 presidential candidate Fred M’membe is one of the few living...