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Lusambo hails Chinese investment

Lusambo hails Chinese investment

Copperbelt Province Minister Bowman Lusambo, is optimistic that investments spearheaded by the Chinese in Zambia will continue to strengthen bilateral relations for the benefit of the two countries. And Mr. Lusambo is happy that the province has continued to make significant strides towards attracting foreign investments in sectors other than mining. He notes that diversification […]

Mining Act under review

Mining Act under review

Minister of Mines Christopher Yaluma says government is reviewing the mining act of 2008 and 2011.   Mr. Yaluma says various stake holders are being consulted on matters and findings will be made public before the end of the year.   And Mr. Yaluma say the country has got huge potential for gas and oil. […]

ZRA out performs

ZRA out performs

The Zambia Revenue Authority -ZRA- has exceeded its 2017 operational target for the first five months by 480 million Kwacha representing 3-point 3 percent.   In the 2017 national budget, Parliament approved a revenue target of about 36 billion Kwacha of which ZRA is 4-hundred and 80 million Kwacha above target for the first five […]

Automated cooperative registration starts

Automated cooperative registration starts

The automated registration of Cooperatives in the country has started.   Ministry of Commence Trade and Industry Cooperative Officer Mildred Muyembe has confirmed this in an interview with ZNBC News in Lusaka.   This was at the on-going 2017 Public Service Day exhibition at East Park Mall.   Ms. Muyembe appealed to people intending to […]

CB Expo makes K2.6m

CB Expo makes K2.6m

The just ended Copperbelt Mining, Industrial and Agriculture Trade Expo has made a profit of over 2.6 million Kwacha.   Show Society Chairperson London Mwafulilwa has described the just ended Expo as a success.   He said   this year’s turnover has drastically increased and overtaken last year’s earnings that stood at slightly above Two point […]

“Mining key to Zambia”

“Mining key to Zambia”

Vice President Inonge Wina says government is providing policy guidelines to spur growth in the mining sector.   Ms Wina says the mining sector continues to play a key role in the economic development of the country.   She says the sector accounts for about 12 percent of the country’s Gross Domestic Product and over […]

Zambia heads regional rail body

Zambia heads regional rail body

Zambia has taken over the chairmanship of the Southern Africa Railway Association-SARA- from South Africa.   Zambia Railways Chief Executive Officer Christopher Musonda is the new SARA president and the vice president is Lewis Mukwada from Zimbabwe.   And Minister of Transport and Communication Brian Mushimba says the development is a demonstration of the confidence […]

ZRA pledges improved service

ZRA pledges improved service

  The Zambia Revenue Authority-ZRA has assured transporters and Clearing Agents at Chirundu boarder post of improved service.   Speaking when he addressed clearing agent, who last week presented to him a petition over alleged poor service delivery by officers at the boarder, ZRA Commissioner General Kingsley Chanda says agents should give his office time […]

GDP prediction revised

GDP prediction revised

Minister of Finance Felix Mutati says Zambia’s Gross Domestic Product -GDP-  growth projection for this year has been revised from 3.2 percent to 4 percent. Mr. Mutati says the projection was revised by multilateral organisations.   The Minister of Finance disclosed this when he officiated at the 8th Association of Chartered Certified Accountants -ACCA- Members […]

Wina challenges banks

Wina challenges banks

Vice President Inonge Wina has challenged financial institutions to supplement government effort towards enhancing financial inclusion among various groups especially farmers.   Mrs. Wina has called on financial institutions to also partner with government in the implementation of the e-voucher and the current titling exercises.   The Vice President was speaking when United Bank of […]

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