Category: Latest News

ZCF gets 1,000 solar- powered hammermills

ESTHER MSETEKA, Lusaka THE Zambia Co-operative Federation (ZCF) has received over 1,000 solar-powered hammermills out of 2,000 components for installation across the country under the Presidential Milling Initiative. In 2015, President Lungu said Government is working with ZCF to set up hammermills to help reduce the price of mealie-meal and that the initiative will create

Human-centric design to reform Zambia

TRYNESS TEMBO, Lusaka THERE is need for digital financial services (DFS) in Zambia to adopt a Human-Centric Design (HCD) approach and innovation of their products to transform the way services are delivered to consumers. United Nations Capital Development Fund (UNCDF) Mobile Money for the Poor programme (MM4P) regional technical specialist Nandini Harihareswara said HCD has

Barclays Bank lowers interest rates

KABANDA CHULU, Lusaka BARCLAYS Bank has reduced interest rates by 1.5 percent on average with the aim to continuously offer support towards Zambia’s economic growth prospects that have remained strong with the improved macro-economic environment. This follows Bank of Zambia’s recent reduction of monetary policy rates from 12.5 percent to 11 percent and the statutory

Lungu attends Kagame inauguration

PRESIDENT Lungu has accepted an invitation to attend the inauguration ceremony of Rwandan President Paul Kagame to be held on August 18, 2017. Minister of Foreign Affairs Harry Kalaba said in a statement yesterday that President Kagame came to Zambia on a State visit in June 2017, during which the two heads of State held

Mines get over K3 billion refund

ESTHER MSETEKA, Lusaka THE Zambia Revenue Authority (ZRA) has paid out over K4 billion in value added tax (VAT) refunds to mines and other sectors in the last six months. Meanwhile, the authority has in the first 100 days of the amnesty programme collected over K700 million. ZRA commissioner-general Kingsley Chanda said out of the

Mines get over K3 billion refund

ESTHER MSETEKA, Lusaka THE Zambia Revenue Authority (ZRA) has paid out over K4 billion in value added tax (VAT) refunds to mines and other sectors in the last six months. Meanwhile, the authority has in the first 100 days of the amnesty programme collected over K700 million. ZRA commissioner-general Kingsley Chanda said out of the
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