Business

BLAME YOURSELVES FOR 16% VAT, KAWANA TELLS MEDIA

By Staff Reporter The media should blame itself over the 16 percent Value Added Tax (VAT) on newspaper sales, says Ministry of Information media director Thabo Kawana. And Kawana said…

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IMF HAS NOTHING TO DO WITH REMOVAL OF SUBSIDIES, CLAIMS ENERGY MINISTER … It is our decision to channel money to other areas

By Patson Chilemba Energy minister Peter Kapala says the IMF has nothing to do with the removal of fuel and other subsidies, as it was a decision made by government…

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TELL US ABOUT YOUR RECOVERY PLAN AND HOW IMF DEAL WILL ADDRESS PROBLEMS, SICHINGA TELLS HH

By Patson Chilemba Former commerce minister Bob Sichinga says President Hakainde Hichilema and his administration must tell Zambians their economic recovery plans, including measures they will put in place to…

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KWACHA DEPRECIATES FURTHER … breaking K19 to USD1 psychological barrier

By Kamuti Muyambela The Kwacha has today breached the K19 psychological barrier, and is now selling at K19 for USD1. This is the highest the local currency has depreciated since…

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IT’S A DISGRACE FOR ZAMBIA THAT WOMEN BUY UNDERWEAR FROM SALAULA – MAGANDE … says he supports mining in Lower Zambezi

By Patson Chilemba Former Finance minister Ng’andu Magande says it’s a disgrace for this country that the production of clothing materials was not enhanced, such that even women now buy…

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KWACHA RACING TOWARDS K19 PSYCHOLOGICAL BARRIER AGAINST USD

By Merlyn Mwanza The depreciation streak of the Kwacha is showing no signs of stopping against major convertible currencies, with the local currency steadily racing towards the K19 to US$1…

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CDF COMMITTEE TERMINATES CONTRACT AWARDED TO LOCAL CONTRACTOR

By Isaac Zulu in Kapiri Mposhi The Kapiri Mposhi Constituency Development Fund (CDF) committee has resolved to terminate the contract awarded to Chrimer Construction Company, a local contractor, engaged to…

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KAPIRI COUNCIL DESTROYS OVER 500 KGs OF MEAT

By Isaac Zulu in Kapiri Mposhi Kapiri Mposhi Town Council has destroyed over 500 Kilograms of assorted rotten meat seized from local butcheries. The meat including beef and pork which,…

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LUNGU’S GOVT ARGUED THAT “AS A RESPONSIBLE GOVT IT WOULD BE IMPERATIVE TO CONTINUE SUBSIDISING CONSUMERS” – CHITALA

By Merlyn Mwanza Dr Mbita Chitala says the government of former president Edgar Lungu recognised that cost reflective tariffs would take some time to be attained in Zambia, and that…

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SIMON MITI PERSUADED LUNGU TO FIRE ME, SAYS DR CHITALA … because I was making the work of micromanaging Zesco difficult

By Patson Chilemba Simon Miti persuaded former president Edgar Lungu to fire me because I was making the work of micro managing Zesco by bureaucrats very difficult, says Dr Mbita…

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