THE Zambia Revenue Authority (ZRA) has commenced investigations to establish whether imported petroleum products from South Africa qualify for preferential treatment under the various trade protocols. Currently the authority is withholding tax on imported petroleum products coming from South Africa of between K40 million and K50 million per month. ZRA commissioner General Kingsley Chanda said
THREE boxes containing 30 liters of chemicals meant for spraying against army worms on the Copperbelt have been stolen, acting Agriculture Minister Michael Katambo has confirmed, describing the act as sabotage. The consignment arrived in Ndola yesterday for onward distribution to the affected farmers. Mr Katambo said the missing chemicals could have catered for around
Zambia will next month hold a High Level Regional Investment Conference to mobilise resources for the Batoka Gorge Hydro Electric Power Scheme which is estimated to cost US$ 6 Billion and produce 2, 400 Mega Watts to be shared equally between Zambia and Zimbabwe. Zambia’s Finance Minister Felix Mutati has disclosed that among the speakers
ESTHER MSETEKA, Lusaka ZAMBIA’S annual tourism earnings increased from K3.9 billion in 2014 to K4.4 billion in 2015 representing 11.38 percent increase, the United Nations World Tourism Organisation (UNWTO) has reported. However, according to a statement issued by Ministry of Tourism and Arts public relations officer Sakabilo Kalembwe yesterday, the earnings, when converted to United
CHILDREN’S CORNER with PANIC CHILUFYA ON SUNDAY January 1, it was out with 2016 and in with 2017. Numerous beautiful and encouraging messages were shared the hope that the New Year will be better than last year was. Some have high expectations for 2017 while others as is common during this time of the year,
KABANDA CHULU, Lusaka FOUR years after entering the Zambian financial market, First National Bank (FNB) has allocated 35 percent of its loan portfolio amounting to K992.4 million (US$100 million) towards the development of the agriculture sector. FNB Zambia senior manager for agribusiness Cheyo Mwenechanya said there is need to support the agriculture sector and make
SPEAK OUT ON VIOLENCE with DORIS KASOTE JUST when I thought we would start the year on a good note, I was disappointed when I learnt how a mother beat her daughter to a point of death on New Year’s Day. The daughter slept out, and upon returning home, the mother and aunt started beating
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