Economy

ZRA Unearths Vehicle Import Scam

Government has been losing over K480 million in taxes through dubiously imported vehicles, Zambia Revenue Authority (ZRA) Communications Manager Topsy Sikalinda has revealed. Sikalinda stated in a statement after the...

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National Financial Switch Goes Live

The National Financial Switch has officially gone live with 14 out of 18 commercial banks in Zambia being connected to the system on Thursday. The Financial Switch has been on...

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Vedanta Denies Sabotage Accusations at KCM

Vedanta Resources has denied allegations that it is involved in acts of sabotage at Konkola Copper Mines and has described the claims as baseless. Vedanta was responding to the allegations...

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Luapula and Katanga in DRC Sign Trade, Commerce MoU

Luapula Province minister Nickson Chilangwa and his Haut-Katanga counterpart Jacques Katwe have signed a Memorandum of Understanding for co-operation of the two provinces in trade and commerce. The two provincial...

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Stalled Infrastructural Projects Worry N/W Minister

North Western Province Minister Nathaniel Mubukwanu has expressed concern at some infrastructure projects which have stalled in the area. Mubukwanu said completion of the projects will greatly improve the lives...

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Cost of living remains high in Zambia, says JCTR

The cost of living in Zambia has remained high and beyond the capacity of majority households, the Jesuit Centre for Theological Reflection has stated in its May Basic Needs Basket...

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Southern Province Tops in Livestock Population

The 2017-2018 report has established that Zambia had a cattle population of 3,714,667 as at 2018, with the Southern Province accounting for the highest number at 1,315,238, representing 35.4 per...

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Barclays Upgrades Zambia’s Credit Position

Barclays Bank has upgraded Zambia’s debt position from Underweight to Market Weight following an assessment of the country’s risks to its credit. The Bank, however, says the likelihood of China...

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Kashokoto Creates 400 Jobs in Kaindu Chiefdom

Close to 400 jobs have been created in Chief Kaindu’s area of Mumbwa district following the acquisition of Mushingashi Game Ranch by Kashokoto. The game ranch in question has been...

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K6m Set Aside for Kalumbila Ward Projects

About K6 million has been set aside under the Ward Development Fund towards the completion of various projects in Kalumbila District in North Western Province. Council Public Relations officer Rose...

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