By Michael Kaluba The Ndola City Council says it has become increasingly difficult to control Illegal Street vending in the city after the ministry of local government recently advised council police not to grab merchandise from street vendors. Council Public Relations Manager Tilyenji Mwanza has attributed the resurfacing of illegal street vending adjacent to…
By Logic Lukwanda The Zambia Institute for Policy Analysis and Research -ZIPAR- has predicted tight monitory policy if projections in the 2020 national budget are to be met. Speaking at the 2020 post budget analysis breakfast in Lusaka this morning, ZIPAR Senior Research Fellow, Shebo Nalishebo also expressed worry considering the weak budget execution…
By Logic Lukwanda The Zambia Institute of Policy Analysis and Research-ZIPAR says the sloppy fiscal consolidation displayed in the 2020 budget, casts doubts on the likelihood of an International Monetary Fund-IMF- programme in the immediate future. ZIPAR has advised that government needs more innovative options to constrain servicing costs such as bond buy-backs, strengthening…
The increase in the clubs transfer value this season is mostly due to the club signing Japanese midfielder Kosuke Nakamachi who is valued at around K8.5 Million (€6Million) though he joined as a free agent. The Ndola based side ranked 11th in Africa has also steadily increased its revenue from participation in CAF Club Competition…
By Lomphande Muzumi A Financial Analyst says failure by government to make adjustments on the pay as you earn –PAYE- in the 2020 national budget is disappointing. Mr Blessings Kafwanka explains that one of the pillars of the seventh national development plan is to reduce extreme poverty and vulnerability hence the need for government…
By Chileshe Mwango Power Utility Company ZESCO limited says it plans to switch on the first generator at the Kafue gorge lower power station by April 2020. ZESCO Director for Strategy and Corporate Services Patrick Mwila says the rest of the entire power station will be fully operational by the last quarter of the…
By Logic Lukwanda Zambia and the Democratic Republic of Congo have signed a memorandum of understanding to export 600,000 metric tons of maize and mealie meal to that country. Speaking during the signing ceremony in Lusaka today, Agriculture Minister Michael Katambo said the exports will start in 2020 after the 2019-2020 farming season. Mr…
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