If you are a bookstore, library owner or plain lover of modern Zambian contemporary history, there is good news for you this Christmas as the best performing local book based on President Edgar Lungu goes on 50 percent sale. The is according to advertisements running in the Zambia Daily Mail stipulating that Against all […]
State Owned Enterprise Zamtel is investing US$280 million in network modernization and upgrade countrywide. And the state owned company has today released a cocktail of lowly priced internet bundles in an apparent fierce price battle among the three mobile players. Zambian customers woke up Saturday morming to a social media frenzy about the lowest Internet […]
The Economics Association of Zambia says there is need for government to put in place stringent measures to reduce borrowing. Reacting to concerns raised by the IMF on the country’s debt levels which has resulted in the halting of talks on a possible bailout package, Association Programmes Officer, Kampamba Shula feels enacting the public procurement […]
Source: Kwacha Celebrity Newspaper Former Transport and Communication Deputy Minister Alfred Ndhlovu is strongly advocating for Zambia to transform from peasant farming to improved and modernized agricultural methods. And Ndhlovu is disappointed that while Finance Minister Felix Mutati has found K4,000 for the E-Vulture system, he has not found money to pay farmers what […]
Agriculture Minister Dora Siliya says she is against the importation of vegetables from other countries. She says Zambia should take advantage of the abundant waterfalls to grow vegetables all year round. Meanwhile, Ms Siliya says Zambia has seen massive developments in much in recent years, therefore there is need for Zambians to start […]
THE Kwacha closed its trading session for November by 1.25 percent weaker compared to the beginning of the same month when it was trading at K10.000 / K10.050. The local unit is currently trading in the range of K10.0257 and K10.2243 per dollar. Most financial institutions indicated that the exchange rate market saw the performance […]
The Bank of Zambia has reduced the policy rate to 10.25 percent from 11 percent. And the central bank has also reduced the statutory reserve ratio to 8 percent from 9.5percent. Speaking at a media briefing in Lusaka today, Bank of Zambia Governor Denny Kalyalya attributed the reduction to the continued improvement in the economic […]
The Zambia Revenue Authority has extended the deadline for application for Tax Payers Identification Numbers from 31st December 2017 to 31st March 2018. The deadline has been extended in order to allow more eligible people to comply especially those in peri urban and rural areas after considering the current challenges in registering for TPINs. The […]
FINANCE minister Felix Mutati has vowed to accelerate the passing of the Public Finance Act during the current Parliament sitting to allow prosecution and sentencing to prison of all the culprits cited in the 2016 Auditor General’s report. Meanwhile, Mr Mutati has called on the media to help expose all culprits cited in […]
The Kwacha closed the week on a stronger note after its received further support from sellers, coupled with some tight liquidity in the money markets. Friday saw the local unit touch an intra-day high of K9.870 / K9.920 compared to the beginning of the week when it was trading at K10.030 / K10.080. The Kwacha’s […]