Economy
Revenue authority prosecutes 175 VAT fraud-related cases, secures four convictions in Q1, 2023
THE Zambia Revenue Authority (ZRA) has this year handled 175 cases related to Value Added Tax (VAT) fraud, as this tax type remains ...
Economy
Policy measures set by Central Bank hurting business, people —ZiCA
Recent actions by the Bank of Zambia (BoZ) to raise the policy rate and increase the Statutory Reserve Ratios have had a negative ...
Economy
Standards agency sees 55% leap in non-tax fees collections, reports K350 million in 2022
The Zambia Compulsory Standards Agency (ZCSA) has collected over K350 million from non-tax revenue from companies as at end 2022, which is part ...
Economy
Zambia needs two firms with $700m funds to qualify for listing on international capital markets —Report
Zambia currently requires to have two companies listed on capital markets with a total capitalisation of US$700 million to achieve its aspiration of ...
Economy
UBA expands footprint into North-western province
United Bank of Africa (UBA) Zambia says it has launched its seventh branch network into Solwezi, North-western province. It said this is in ...
Economy
Jesuit Centre urges debt relief for Zambia, as April cost of living soars
The Jesuit Centre for Theological Reflection (JCTR) has called on international creditors to promptly offer Zambia debt relief. This, it said, will critically ...
Economy
COMACO to increase spend on crop purchase, up from $4.1 million done in 2022
The Community Markets for Conservation (COMACO) is expected to spend US$4.5 million for this year’s crop purchase from the smallholder farmers. This is ...
Economy
Govt moves to clear backlog of mining licenses by July
Government is expected to clear a backlog of the mining license applications by July month-end. Ministry Mines and Minerals Development Permanent Secretary, Hapenga ...
Economy
Revenue authority laments K100 billion debt in unpaid taxes, VAT fraud through fake import certificates
Zambia Revenue Authority (ZRA) is owed close to K100 billion of unpaid taxes from suppliers of goods and services to government. This is ...
Economy
Debt crisis: Govt advised to consider viable options as talks stall on restructuring Zambia’s financial exposures
The Zambia Institute of Chartered Accountants (ZiCA) has advised government to start considering having a second plan in case the debt restructuring process ...