By CHATULA KANGALI – THE proposed increase in Pay as You Earn (PAYE) exempt threshold in the 2024 National Budget will help increase consumer purchasing power, the Zambia Consumer Association (ZACA) has said.ZACA executive secretary Juba Sakala said the exempt threshold would increase spending capacity of consumers.Mr Sakala said in an interview that the exempt […]
Zambian News
By CHATULA KANGALI –ZCCM-Investment Holdings (ZCCM-IH) shareholders are expected to receive a combined dividend payment totaling K724 million for the financial year ending December 2022.The Government will get K562 million as dividend to be declared.This follows the approval of the payment by shareholders at the annual general meeting held on Friday last week, according to […]
By ANDREW MULENGA – THE Zambia Revenue Authority (ZRA) is next year expected to collect K125.3 billion from tax and non-tax revenues from the estimated target of K103 billion this year.This represents a 25.5 percent increment in revenue collections.ZRA Commissioner General Dingani Banda says the increase in next year’s domestic revenue mobilisation will largely be […]
By RONALD CHAWE – ZAMBIA’S International Master (IM) Gillan Bwalya is in lie for a best podium finish after tying in joint second position at the ongoing 2023 Moja Extravaganza Open Chess Championship in Kimberly, South Africa.After picking a draw in round one of the prestige Open, Bwalya, who is the Zambia’s highest rated player, […]
By SHAMAOMA MUSONDA – THE Confederation of Southern Africa Football Association (COSAFA) says it will be introducing the Video Assistant Referee (VAR) system at this year’s HollywoodBets Women’s Championship that gets underway in South Africa tomorrow.The tournament will run from October 4 to 15 in Gauteng.But the high-tech system that will be used for the […]
By RONALD CHAWE – WITH the HOLLYWOODBETS COSAFA Women’s Championship set to kick off tomorrow in South Africa, Football Association of Zambia (FAZ) president Andrew Kamanga says focus is on qualifying the Copper Queens to the Paris 2024 Olympic Games.In his weekly column dubbed ‘President’s Corner’, Kamanga said the team would use the COSAFA tournament […]
By RONALD CHAWE – SIX games, bottom of the log and winless with only one goal scored is not a record a Nkana fan wants to see but head coach Ian Bakala says he is aware of the pressure piling but that it is a phase that will pass.Nkana have managed two points from a […]
By RONALD CHAWE – MAESTRO United Zambia (MUZA) coach Mathews Ndhlovu believes his youthful side has learnt valuable lessons competing in the CAF 2023/24 Confederation Cup with hope of a better performance should the team qualify for the next edition.MUZA failed to advance to the Confederation Cup group stage after losing 2-0 to Diables Noirs […]
By SHARON KALIMBULA – SCIENCE and Technology Minister Felix Mutati says Zambia is ready to host the pan African Digital Government Summit from Wednesday to Friday, this week in Lusaka.During a media briefing, Mr Mutati said the summit to be graced by President Hakainde Hichilema, was aimed at promoting extensive engagements within the African Digital […]
FOR some time now, the nation has awakened to regular reports of attacks on mobile money agents around the country.The attacks have mostly been about criminal minded people targeting the agents’ daily cash accumulation from mobile money transactions.In other instances, the agents have become victims of sexual violence at the hands of perverted individuals who […]
By FELIX NKINKE – THE Zambia Revenue Authority (ZRA) has uncovered 250 companies involved in fraudulent cases of Value Added Tax (VAT) as part of its ongoing reforms to seal loopholes and improve tax collection.ZRA Commissioner General Dingani Banda revealed that from the 250, the authority had dragged 11 companies to court and managed to […]
By JOSEPH BANDA – THE Southern Africa Development Community (SADC) Elections Observation Mission (SEOM) to Eswatini has advised the Elections Boundaries Commission (EBC) to enhance the secrecy of the vote during future elections.The mission wanted the EBC to ensure that in future elections, the positioning of the ballot booths minimised exposing the voter’s voting choices […]
By SHARON KALIMBULA – PATRIOTIC Front (PF) Chama North Member of Parliament Yotam Mtayachalo has commended the Government for increasing the Constituency Development Fund (CDF) which he said would further build on the development attained throug...
By CHUSA SICHONE and TINKERBEL MWILA – TWO people have been burnt to death by an angry mob in Mulimba Village of Shibuyunji District for allegedly stealing 10 heads of cattle.Remy Mwiinga aged 45 and 29-year-old Benny Ngwiliza were torched to death around 02:00 hours yesterday when a group of people came across a truck […]
By FELIX NKINKE – CAPTAINS of industries and economic think-tanks have given a thumbs-up to the K180 billion 2024 National Budget citing the tax incentives, increased budgetary allocation to Constituency development fund (CDF), infrastructure development and other sectors as some of the key policy frontiers to encourage private sector participation to grow the economy.Read more
By JOSEPH BANDA – PRESIDENT Hakainde Hichilema and his Democratic Republic of Congo (DRC) counterpart Félix Tshisekedi yesterday flagged-off the construction of the Kasomeno – Kasenga – Chalwe – Kabila- Mwenda road and a One-Stop-Border post with a call for the contractor to use local material and labour. Read more
By ANDREW MULENGA – A CUMULATIVE volume of refined copper export from January to August this year has decreased to 530,600 tonnes from 598.100 tonnes recorded during same period last year.According to the Zambia Statistics Agency (ZAMSTAT) monthly bulletin released last week, outturn represents a 11.3 per cent decrease in the cumulative total of copper […]
By ANDREW MULENGA – THE Citizens Economic Empowerment Commission (CEEC) has assured traders at Lusaka City Market that it will soon disburse loans to them to revive their businesses.CEEC public relations manager Michelo Mukata says the commission has not forgotten about the traders, particularly, those whose goods were gutted in March this year. Read more
By CHATULA KANGALI – A UNITED States (US)-based organisation has advised Zambians to take advantage of Gemstones Processing and Lapidary Training Processing Centre (GPLTC) to enhance value addition of local stones.Net Development says Zambia is producing a lot of gemstones which requires value addition.Speaking during the opening of gemstones cutting exhibition and competition at the […]
By SNIKE MZULAH, KETRA KALUNGA and SYLVIA MWEETWA – STAKEHOLDERS are happy with the proposed 2024 National Budget announced by Finance and National Planning Minister Situmbeko Musokotwane last Friday.‘Budget offers hope’In Siavonga, various stakeholders say the budget gives hope in addressing the social-economic challenges of citizens while in Lusaka, an agro-expert has hailed the introduction […]