BOTSWANA’s leading supermarket, Choppies, plans to expand its operations in Zambia by opening nine more outlets with Chipata branch to be unveiled this month-end. Group chief executive officer Ramachandran Ottapathu said Zambia’s favourable investment climate has allowed the retail chain store to rapidly broaden its business prospects to other potential markets outside Lusaka. Mr Ottapathu
THE Kwacha, which has breached the K9 mark, has continued to appreciate against the US dollar and other convertible currencies with analysts projecting that it will remain strong. The local currency has made dramatic gains, appreciating from K14 to US$1 at the end of 2015 to K8.7 against US$1 yesterday. The gains have been attributed
PARLIAMENT heard yesterday that the Food Reserve Agency (FRA) will buy 500,000 metric tonnes of maize for strategic reserves in this year’s crop marketing season. Minister of Agriculture Dora Siliya told the House in a ministerial statement that starting from the 2017/2018 marketing season, farmers who will buy maize from FRA will be paid a
OPPOSITION United Party for National Development (UPND) has challenged Parliament for endorsing Government’s decision to invoke Article 31 of the republican Constitution, saying the decision was ill-conceived. In an affidavit filed in the Constitutional Court yesterday, UPND secretary-general Stephen Katuta has alleged that the decision is a scheme calculated to disenfranchise the 46 suspended members
Inspector General of Police Kakoma Kanganja has warned Police officers across the country not to abuse the sweeping powers they have been given following the invocation of Article 31 of the Constitution. And the Police Chief has assured the business community and the people of Zambia the police will be there to protect then and
Parliament has passed a motion to suspend standing orders to enable the House complete business and adjourn sine die. The motion was moved by Vice President Inonge Wina and seconded by Minister of Home Affairs Steven Kampyongo. Speaking when she addressed the house, Mrs. Wina urged Parliamentarians to use the time when Parliament will be
Zambia Revenue Authority “Amnesty Initiative” Scopes 384 Million in Collections and 267,707 in applications. The exceptional program aimed at helping taxpayers put their liabilities behind them has collected 384 million kwacha and received 267, 707 applications as at 30th June 2017. The Amnesty initiative gives individuals and businesses the opportunity to have 100 percent interests
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