Business

French minister says his country contributed $2.8m towards Ukraine grain initiative to help Zambia

By Jane Chanda  French minister of State for Francophone and International Partnerships Thani Mohamed-Soilihin has announced that France has pledged 2.8 million euros to support the “Grain for Ukraine” initiative,…

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BoZ sets timeline for phasing out cheques

By Jane Chanda  The Bank of Zambia has set a timeline for phasing out cheque usage, marking a significant shift towards digital and electronic payment methods. In statement yesterday, the…

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15% export tax removed to help address Kwacha instability – Musokotwane

  By Jane Chanda  Finance and National Planning minister Dr Situmbeko Musokotwane says not all taxes have been suspended on precious minerals, as a six percent mineral royalty tax is…

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Govt’s decision to suspend duty on precious stones opposed

By Jane Chanda  Action Institute for Policy Analysis Centre (AIPAC) executive director Solomon Ngoma, has opposed the Ministry of Finance’s decision to suspend export duty on precious stones and metals,…

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Kabuswe anticipates increased investment after geological bill enactment

By Jane Chanda  Mines minister Paul Kabuswe says the private sector should prepare for investments once the geological bill is enacted, as it will enhance economic activities in the sector.…

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CSPR casts doubt over targeted inflation of 6-8% owing to rise in Monetary Policy

By Jane Chanda  The Civil Society for Poverty Reduction (CSPR) is concerned that the government’s ambitious target of maintaining inflation within the 6-8 percent band may not be achievable, given…

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Chikote aims to raise electricity access from 53% to 100% by 2030

By Jane Chanda  Energy minister Makozo Chikote says Zambia has taken a transformative step towards energy self-sufficiency, electricity security and economic growth with the signing of Power Purchase Agreements (PPA)…

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Electricity open access policy a security risk to Zambia – Dodia

By Jane Chanda  Private Sector Development Association (PSDA) chairman Yusuf Dodia says Zambia’s Electricity Open Access policy poses a significant security risk to the country. Last week, minister of Energy…

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Zambia’s economic woes run deeper than introducing new currency – Pricewaterhouse

  By Jane Chanda  Pricewaterhouse Coopers International Limited (PwC) country senior partner Andrew Chibuye says Zambia’s economic woes run deeper than introducing a new currency, requiring a comprehensive approach to…

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Miners’ union gives Emoluments Commission’s 7-day ultimatum to begin wage negotiations 

By Chinoyi Chipulu  United Mine Union of Zambia (UMUZ) president Wisdom Ngwira says he is unhappy with the Emoluments Commission’s performance regarding workers’ salaries and has since issued a seven-day…

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