Business

Govt unveils K41.9 billion supplementary budget to respond to effects of drought

By Chinoyi Chipulu  Finance and National Planning minister Dr Situmbeko Musokoswane has presented a supplementary budget to Parliament estimated at K41.9 billion Kwacha to respond to the droughts being experienced…

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ZICTA deactivates 176,000 SIM Cards 

By Jane Chanda  Zambia Information and Communications Technology Authority (ZICTA) has deactivated over 176,000 SIM cards linked to fraudulent activities. ZICTA corporate Affairs manager Hanford Chaaba  announced that in a…

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ZRA EXPLOITS MUSOKOTWANE’S FAILURE TO APPOINT TAX TRIBUNAL …  Commission is said to be placing unfavourable demands on businesses

By Agness Changala The Tax Appeals Tribunal (TAT), a specialised court that hears grievances relating to tax issues regarding decisions by the Zambia Revenue Authority (ZRA) has no members to…

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Economist calls for increased local participation in economy to avoid capital flight 

By Jane Chanda  Economist Kelvin Chisanga says increased local participation is crucial for Zambia’s economic growth, to avoid capital flight from the country. As the country recorded a 25.6 percent…

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Complaints have reduced of people having to get drug prescriptions – ZAMMSA DG

By Esther Chisola Zambia Medicines and Medical Supply Agency (ZAMMSA) director general Victor Nyasuli says the agency has passed the 70 percent medicine supply target aimed at eradicating shortage of…

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300 megawatts import from Tanzania to increase electricity reliability – Chikwanda

By Chinoyi Chipulu Energy Expert Johnson Chikwanda has hailed the decision by Zesco to important 300 megawatts of electricity as this will increase energy reliability between the two countries. In…

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Zambia may only see proper economic recovery in 2025 – Economist 

By Chinoyi Chipulu Economist Kelvin Chisanga says Zambia may only see proper economic recovery next year owing to multiple challenges besetting the country. Speaking with Daily Revelation yesterday, Chisanga the…

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Milenge council distributes K2 million CDF to 178 cooperatives

By Mubanga Mubanga Milenge Town Council has distributed over K2 million under Constituency Development fund (CDF) to 178 cooperatives and clubs in all the fifteen wards of Milenge Constituency. According…

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Kawambwa council shuts down 10 bars operating outside laws

By Chinoyi Chipulu The Kawambwa Town Council (KTC) has shut down 10 bars for operating outside stipulated laws. A combined team of council police and Zambia police closed the bars during…

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IRH paid K314 tax from money they promised to invest – Secretary to Treasury 

By Esther Chisola Secretary to Treasury Felix Nkulukusa says the K314 IRH paid in taxes was from the money the company promised to invest in Mopani Copper Mines. And Nkulukusa…

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