Feature Economy

There is dissatisfaction among some segments of Zambian society that this taxation regime does not provide for adequate contribution of tax revenue by mining companies to the country’s coffers, and that the government should not have shelved the idea of a “windfall tax,” which would have provided for a charge on the sales of copper for every US$0.50 increase in the price of copper per pound on international copper exchanges.

Zambia ranks among the top 10 countries worldwide that have improved the ease of doing business for local firms in the past year according...

This most recent occurrence is not an isolated issue. There is a pattern of behavior where time and time again, various companies have willingly abused our environment, (and thus by default our citizens) with laughable consequences. Indeed we are looking at a much bigger problem than this one incident that will only be addressed by strengthening and expanding the role of the Environmental Council of Zambia. Our country needs to progress, and environmental protection is a critical part of our nation’s overall progress.

GOVERNMENT will ensure that more hostels are constructed at the University of Zambia and the deteriorated roofing system is renovated with utmost urgency. Education Minister...

The Government says the favourable performance of the economy in several sectors such as in mining, agriculture and tourism is expected to register...

Energy and water development Minister Kenneth Konga has dismissed reports that the country might experience a fuel shortage beginning this month end. Mr. Konga told...

Zambia has handed back an iron and gold exploration licence it withdrew from mining giant BHP Billiton and Blackthorn Resources to boost mining sector...

Ever wondered why the Chinese are willing to pay so much for a small piece of land? Well, it is now common knowledge in Zambia that if you want to sell your piece of land, just look for the Chinaman. They will pay top price for it. But the million dollar question is whether they are really paying top price? And if the answer is in the affirmative, then we ask must ourselves WHY? Trade and investments have in the recent times been the main drivers of the Sino-Zambia relations. In fact, that is the case for most African countries. China as an emerging global economic powerhouse is interested in securing primary products such as copper to feed its industries.To ensure that it has first consideration ahead of the West, it has increased its aid to Africa, increased preferential loans, eliminated tariffs on more than 500 products from Africa and