Economy
World Bank warns Zambia of tax inefficiencies, calls for expansion of tax base
Zambia’s tax efficiency is being undermined by a generous incentive regime and ongoing tax administration challenges, according to World Bank’s latest report. In ...
Economy
Zambia aims for 21.4% domestic revenue of GDP in 2025 budget
The Zambian government has announced plans to increase domestic revenue to at least 21.4 percent of Gross Domestic Product (GDP) as part of ...
Economy
UBA celebrates 75 years of excellence with global leaders
United Bank for Africa (UBA) hosts a UNGA reception in New York, celebrating UBA Group 75th anniversary. Hosted by UBA Group Chairman Tony ...
Economy
ZRA insists no extension in September 30 deadline for implementation of Smart Invoice system
The Zambia Revenue Authority (ZRA) has raised K53.1 billion through the registration of 19,262 taxpayers on the Smart Invoicing System. The authority also ...
Economy
October fuel prices drop to K32.70 for petrol, diesel to sell for K28.90
The Energy Regulation Board (ERB) has announced a minor reduction in fuel pump prices for October, driven by a notable drop in international ...
Economy
Smart invoicing system faces backlash from Tourism Council of Zambia, group calls for suspension (Video)
The Tourism Council of Zambia (TCZ) has called on the Zambia Revenue Authority (ZRA) to suspend the implementation of the Smart Invoicing System. ...
Economy
Situmbeko named banking CEO of the year, as Access Bank scoops three awards
Access Bank Zambia has reportedly scooped three awards at the 14th Global Banking and Finance Review Awards. The Bank’s Head of Corporate Communications ...
Economy
Diplomatic corps dean highlights intercultural cooperation as Zambia marks 60 years of independence
The Dean of the Diplomatic Corps, Walid Hassan, has emphasized the importance of intercultural dialogue and cooperation as Zambia celebrates 60 years of ...
Economy
Govt to increase Maamba thermal power plant capacity to 600 megawatts in 2025
The government has pledged to resolve the energy challenges disrupting key sectors of Zambia as Finance and National Planning Minister, Situmbeko Musokotwane, presented ...
Economy
Govt banks on KCM, Mopani revival, greenfield projects to boost 2025 economy
Despite a difficult and volatile macroeconomic environment, government is banking on a “promising” mining industry to fuel Zambia’s economic growth. Presenting the 2025 ...
