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Posts tagged as “Government”

‘Irrigation loans should come as equipment instead of cash’

By CHATULA KANGALI – THE National Association of Smallholder Farmers (NASF) has proposed the use of equipment and not cash in the issuance of irrigation loans.NASF chairperson Frank Kayula says irrigation loans should be in form of equipments and service.Dr Kayula said in an interview that suppliers of equipment should register with the Government to […]

Access Bank launches Women Startup Initiative

By KETRA KALUNGA – ACCESS Bank and Cake Market College have launched the Women Start Up initiative to provide 1,200 women with access to financial services and resources, thereby enabling them to participate fully in the economy.Small and Medium Enterprises Development Minister Elias Mubanga said Government recognizes the important role that female entrepreneurs play in […]

Be tax compliant, mining firms told

By KETRA KALUNGA – THE Zambia Council for Social Development (ZCSD) has urged mining companies to be tax compliant by declaring profits and paying the right amount of taxes to the Government.ZCSD has also commended Mopani Copper Mines (MCM) for paying K341 million in taxes since its takeover by Internal Resources Holdings (IRH) in March […]

EAZ lauds Govt on debt restructuring, attracting investments

ANDREW MULENGA – THE Economics Association of Zambia (EAZ) has commended Government on its recent initiatives such as debt restructuring and attracting investments to revive the economy.EAZ states that sustained efforts, innovation and consistent policy implementation are essential for the Government to efficiently and successfully reach its desired objectives.EAZ president Oswald Mungule said during a […]

‘Economy set to rebound’

By KETRA KALUNGA and ANDREW MULENGA – ECONOMISTS are optimistic that the country’s economy will soon rebound despite having declined from about 4.7 per cent in 2023 to 2.7 per cent this year, following Zambia’s successful completion of the debt restructuring process and the revamping of the mining sector.Mwiya Ikabonga and Chomba Chomba said in […]

Fake Sensele mourners sadden Govt

By SYLVIA MWEETWA – SOME families on the Copperbelt are pretending to be close relatives of illegal miners who lost their lives in the Sensele mine disaster just to take pecuniary advantage of Government support being rendered to those who are bereaved, a police investigation in the province has revealed.Copperbelt Minister Elisha Matambo confirmed that […]

Laws, processes hindering efficient service delivery will be amended – HH

By CHUSA SICHONE – LAWS and processes which hinder efficient service delivery to citizens will be amended, President Hakainde Hichilema has said.President Hichilema said while both laws and processes were important, he did not want them to stand in the way of the Government executing its mandate.The President said this when he swore in Princess […]

Government praised for regulating sugar prices

By KETRA KALUNGA – THE Proudly Zambian Campaign initiative will contribute to the growth of the economy by ensuring growth of businesses and job creation, an economist has said.Shabdin Mweemba said Zambians were beginning to appreciate the importance of buying local products and this would lead to growth of businesses in the country, translating into […]

Government praised for regulating sugar prices

By SNIKE MZULAH – RESIDENTS of Siavonga have commended the Government for intervening in the retail pricing of sugar in the country.Retail sugar prices in the border town had soared up to between K70 and K75 per two-kilogramme packet while one kilogramme packet was fetching between K38 and K40.But on Friday, the Government, sugar manufacturers […]

K14.4bn released for Govt operations

By JOSEPH BANDA – THE Ministry of Finance and National Planning in May released K14.4 billion for Government operations with K7.3 billion being allocated to domestic and foreign debt service.Of the total amount, K1 billion was released for transfers, subsidies and social benefits, K1.8 billion for implementation of various developmental programmes and general operations, while […]

Zimbabwe, Zambia ‘spat’

By TIMES REPORTER – THE Government will through diplomatic channels pursue a matter in which Zimbabwean President Emmerson Mnangagwa is purportedly seen in video footage engaging Russian President Vladimir Putin over his security concerns about Zambia’s warm relations with some Western countries.State House Communications Specialist Clayson Hamasaka said yesterday that Zambia and Zimbabwe had long […]

Govt acts to help people without income

By JOSEPH BANDA – THE Government has introduced public-works programmes to help people who have no jobs in urban areas and those who have lost crops due to drought in rural areas earn some income, Finance and National Planning Minister Situmbeko Musokotwane has said.He said to empower those who had no source of income, they […]

‘MSMEs capable of stabilising economy’

By ANDREW MULENGA – MICRO Small and Medium Enterprises (MSMEs) have huge potential to help in stabilising the country’s economy through partnerships, the Government has said.Small and Medium Enterprises Development Minister, Elias Mubanga said the SME sector was huge and accounted for almost 90 per cent of all businesses in the country thereby giving it […]

‘FQM adds $727m to economy’

By CHATULA KANGALI – FIRST Quantum Minerals (FQM) contributed over $727 million to the Zambian economy in 2023.According to the company’s latest tax transparency and contributions to Government report, FQM made a total contribution of $727.8 million to the host economy in 2023.The report highlighted FQM’s contributions to the Zambian economy and local communities through […]

Bondholders’ vote on debt restructuring deal shows confidence in New Dawn – expert

By ANDREW MULENGA – AN economic expert says the overwhelming vote by bondholders in favour of the proposed restructuring deal for Zambia is a vote of confidence the international community has in the Government to revive the economy.Michelo Maunga said that bondholders would not have voted in favour of the proposed restructuring deal if they […]

Jay Jay undergoes mental check

By SHARON KALIMBULA – PETAUKE Central Independent Member of Parliament Emmanuel Banda, who is admitted at Maina Soko Military Hospital, yesterday underwent mental health checkups to ascertain if he underwent any mental trauma during his alleged abduction.And Government has requested members of the public and interested persons to respect Mr Banda’s privacy so that he […]

Dan Pule nabbed!

By CHUSA SICHONE – RENOWNED clergyman and Christian Democratic Party president Dan Pule, 70, has been arrested for allegedly inciting hatred and division among Zambians and rebellion against the Government.Police deputy public relations officer Danny Mwale said in a statement that Dr Pule, a resident of Lusaka’s New Kasama Township, was yesterday charged with one […]

Nawakwi, Mabonga nabbed

By CHUSA SICHONE – POLICE have detained Forum for Democracy and Development (FDD) president Edith Nawakwi and Patriotic Front (PF) Mfuwe Member of Parliament (MP) Maureen Mabonga for actions intended to incite rebellion against the Government and expressing or ridiculing persons based on tribe or origin.In separate statements issued yesterday, police spokesperson Rae Hamoonga said […]

Hiked RTSA fees put on ice

By KELVIN MUDENDA – THE Government has suspended with immediate effect the recently announced Road Transport and Safety Agency (RTSA) revised road user fees.Last week, RTSA announced that user fees had been revised as prescribed under Statutory Instrument (SI) number 25 of 2024, effective May 20.Chief Government Spokesperson Cornelius Mweetwa said during the ninth Cabinet […]

Munir, Changala nabbed

By CHUSA SICHONE – POLICE in Lusaka have arrested and detained Independent Lumezi Member of Parliament Munir Zulu and civil rights activist Brebner Changala for allegedly inciting hatred and division among Zambians and rebellion against the Government. Read more