Business
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Treasury releases K1.284 billion for farmers, public schoolsSECRETARY to the Treasury Felix Nkulukusa has announced that the Treasury has released K1.284 billion, of which K960 million is for outstanding payments to farmers under the 2020/2021 farming season, while K324 million is the... […]
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Fuel price hike will have less impact on inflation rate, predicts KanyamaECONOMIST Chibamba Kanyama says the continued reduction of the inflation rate is due to the interventions made by the Bank of Zambia like increasing the monetary policy rate. And Kanyama says the increase in fuel... […]
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Give us time to restructure economy with available resources, pleads NkulukusaSECRETARY to the Treasury Felix Nkulukusa says government no longer wants to see an officer approving payments under instruction as seen in the recent past, adding that law reforms will ensure that officers are protected.... […]
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Inflation closes the year at 16.4 percentTHE annual inflation rate for December 2021 has dropped to 16.4 percent from 19.3 percent recorded in November this year. Speaking during a media briefing, Thursday, Zambia Statistics Agency interim statistician general Mulenga Musepa said... […]
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Musokotwane appoints Bank of Zambia board membersMINISTER of Finance and National Planning Dr Situmbeko Musokotwane has appointed six members to become part of the reconstituted Board of Directors of the Bank of Zambia. Those appointed include: Audit Specialist Sarah Tembo; Systems... […]
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Zambians have suffered enough, we can’t afford to blow IMF deal – MusokotwaneFINANCE and National Planning Minister Dr Situmbeko Musokotwane says government is committed to finalising an agreement with the International Monetary Fund (IMF) because Zambians had suffered enough. In an interview, Dr Musokotwane said the coming... […]
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Most creditors have permitted us to default as we re-arrange our debt – MusokotwaneTHE stability seen in the past few months is largely because many creditors have either allowed us or tolerated us not to pay what we owe, says Finance and National Planning Minister Dr Situmbeko Musokotwane.... […]
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IMF explains rapid move to support UPND govt, salutes 2022 budgetTHE International Monetary Fund (IMF) has explained that Zambia’s 2022 budget indicates a clear commitment to address the fundamental issues that created the need for support and a clear ownership of the reform programme which... […]
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Form cooperatives to benefit from CDF, urges SMEs ministerSMALL and Medium Enterprises Minister Elias Mubanga has emphasised the need for youths and women to join cooperatives so that they benefit from the Constituency Development Fund that will be rolled out to all parts... […]
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Oxfam research exposes $560m tax gap in mining sectorAN Oxfam research has revealed that Zambia could be suffering from a mining tax gap of up to $560 million per year. And the report has revealed that Zambia could be losing up to $91... […]
