State should reduce PAYE in next budget

Dear editor, AS GOVERNMENT through the Ministry of Finance prepares the budget, I am proposing that they consider reducing Pay As You Earn (PAYE) to give formal workers a sigh of relief. Zambian formal workers are among the most financially stressed. This is because most people thrive on loans to embark on personal development projects

Copper price pressurised

TRYNESS TEMBO, Lusaka COPPER price yesterday on the global market was under pressure from concerns of excess supplies which are mounting. Yesterday, the commodity which is Zambia’s major source of foreign exchange was, however, up by a modest 1.5 percent to US$6,563.50 a tonne, just short of neutralising overnight losses on the London Metal Exchange

State to unblock Lunga water channels

CHRISTINE CHIHAME, Mansa GOVERNMENT, through the Ministry of Local Government, has released K100,000 to unblock water channels in Lunga district. District administration officer Evans Sikabbuba said the funds will help in the manual clearance of the channels in Lunga district. He said the local authority in the district has since engaged 200 local people to

High interest rates not panacea for non-performing loans

Analysis: MWENYA CHITALU NON-PERFORMING Loans (NPL) risk management does not lie in high, exploitative and inequitable interest rates as it is being construed by the Bankers Association of Zambia (BAZ) and the Banking and Financial Services (BFS) providers. Neither are low and unprofitable lending rates beneficial to the economy and lenders, but rather a robust

Zambia eye COSAFA semi-finals

ROBINSON KUNDA, Lusaka ZAMBIA today need to beat hosts Zimbabwe at Barbourfields Stadium in Bulawayo to move closer to qualifying for the semi-finals of the Council of Southern Football Associations (COSAFA) Women Championship. Both teams started the campaign on a high with Zimbabwe demolishing Madagascar 4-0 while Zambia saw off Malawi 6-3 on Wednesday. Zimbabwe

Mungwi hospital construction advances

HENRY SINYANGWE, Mungwi CONSTRUCTION of the 14.7 million Mungwi District Hospital has reached 85 percent completion stage, provincial health director Kennedy Chibwe has said. In an interview recently, Dr Chibwe said Government will ensure the project is completed by December 2017. He said the hospital is expected to service over 200,000 beneficiaries in Mungwi district

Court case drags on for 17 years

Dear editor, KINDLY allow me space in your newspaper to bring to the attention of the public, including our Republican President, who is a lawyer by profession, that the justice system in Zambia needs serious reform. My concern is the case of former Standard Chartered Bank workers who sued the bank in 2001 for under-payment
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