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Posts published in “Day: October 3, 2023

‘New PAYE threshold to increase consumer purchasing power’

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 […]

ZCCM-IH shareholders to receive K724m in dividends

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 […]

ZRA targets K125.3bn in 2024

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 […]

Bwalya eyes podium finish

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, […]

VAR at COSAFA tournament!

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 […]

‘Focus on Olympics qualifiers’

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 […]

Nkana will come good –Bakala

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 […]

‘MUZA will be back!’

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 […]

Zambia set to stage pan African Digital Govt Summit – Mutati

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 […]

Protect mobile money agents

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 […]

250 firms under probe for VAT fraud – ZRA

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 […]

SEOM tips ESWATINI over secrecy of vote

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 […]

2 PF MPs happy with increased CDF

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...

Irate mob torches 2 to death for stealing cattle

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 […]

K180bn 2024 budget gets thumbs-up

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

Zambia, DRC in $180m project

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