ZAM commends govt for maintaining VAT

The Zambia Association of Manufacturers (ZAM) has praised government for maintaining Value Added Tax (VAT) in the 2020 National Budget. ZAM president Ezekiel Sekele has told QTV News that the introduction of sales tax to replace VAT was a concern to the industry. Mr Sekele has thanked Minister of Finance Bwalya Ng’andu for listening to the […]

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Zesco defers importation of power from South Africa

ZESCO Limited says the importation of 300 Megawatts of power from South Africa at a cost of US$22 million per month will not commence on 1st October,2019 as earlier announced. And ZESCO says it is in the process of revising upwards the current eight hours of load shedding. Speaking when members of the parliamentary committee on […]

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Decision to abandon Sales Tax is final – Ng’andu

Finance Minister Bwalya Ng’andu says the decision to abandon the introduction of sales Tax is final. Dr. Ng’andu says government wanted to abandon VAT because it had too many leakages in the collection process of tax, but has decided to continue with the policy after sealing all the loopholes. The Minister says government was having serious […]

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CSPR foresees hike in electricity impacting education levels

The Civil Society for Poverty Reduction (CSPR) has projected that an increase in electricity tariffs is likely to negatively impact education levels in the Country. Acting Executive Director Juliet Ilunga says the CSPR foresees a situation where some parents will be failing to afford electricity and thereby reduce hours of study for their children who revise […]

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PF is sacrificing Zambians for its failures- Musumali

The Socialist Party has accused the PF government of scarifying the lives of the people by painting a picture to the outside world that there is no hunger in Zambia. General Secretary Cosmas Musumali says it is a lie and an insult for anyone to claim that there is currently no starvation in the Country. Dr. […]

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There is no need to keep PF in power, Milupi implores Zambians

Zambians have been advised to realize they will continue to suffer and have miserable lives if they do not show the current government the exit door. Opposition Alliance for Democracy and Development (ADD) president Charles Milupi wants Zambians to realize this is now the time to assess all those that offering themselves for political leadership. Mr. […]

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President Lungu promotes Special Forces commander to General

President Edgar Lungu has promoted Special Forces Group Commander Colonel Augustine Chirwa to the senior rank of Brigadier General. And President Lungu says his administration is keen to see a well grounded defense force in professionalism, discipline and loyalty. President Lungu states that government is also determined to equip defense forces with skills to enable them […]

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ZICTA cancels Vodafone Zambia’s license

The Zambia Information & Communications Technology Authority (ZICTA) has cancelled the network and service licence for Mobile Broadband Limited which trades as Vodafone Zambia. This follows a resolution of the ZICTA board made at its special meeting held on the 12th of September 2019. ZICTA board chairperson Emmanuel Musonda says the cancellation of the license is […]

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Zambia’s Inflation rise to 10.5 percent

Zambia’s annual inflation rate for the month of September 2019 has risen to 10.5 percent from the 9.3 percent in August the same year. Central Statistical Office(CSO) Interim Statistician General Mulenga Musepa has attributed the increase to food items price movements. At a monthly bulletin briefing held in Lusaka Mr. Musepa has disclosed that from the […]

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Zambians told to brace for increased cost of living

Zambians have told to brace themselves for increased cost of living in view of the increased fuel pump prices and impending increase in electricity tariffs. Former Economics Association of Zambia (EAZ) Chrispin Mphuka is projecting that with the hiked prices of fuel and electricity, prices of essential commodities will also go up. Dr. Mphuka anticipates a […]

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