Mine Suppliers call on government to declare Sugilite, gold as strategic reserves
• Declaring certain minerals as strategic reserves will mean that they cannot be sold anyhow.• Government will be having some strategic reserves from the exchange
Author : Money FM
Cost of living in Lusaka reduces by K34 in August
• The cost of living for a family of five for August 2023 in Lusaka stood at K9, 267.34.• This is in comparison to the
DEC nabs six member criminal gang for possessing fake US dollars
• The six suspects have been jointly charged for being in possession of counterfeit notes amounting to US $ 1, 031,200.• The contraband is part
ZRA collects K238 million through Debt Recovery Unit
• K204 million was raised through government agents and K34 million through private appointed agents.• ZRA through the Debt Recovery Unit appointed all government spending
Vedanta’s return to KCM expected to boost Zambia’s trade balance
• Zambia’s imports rose by 23.1 percent to US$5.2 billion from US$4.2 billion in the first half of 2023.• Exports declined by 11.6 percent to
AFRINET nods KCM hand over to Vedanta Resources
• AFRINET is elated that the standoff has been brought to a logical finality in the interest of optimum.• The organization is optimistic and expectant
French solar street lighting firm expresses interest to invest in Zambia
• The project will involve the provision of solar-powered, autonomous, intelligent, and connected public lighting.• This will address the major public policy issues of access
CTPD urges ZRA to expand its reach into informal sector
• Tax revenue mobilization is of paramount importance to Zambia’s budget financing.• The first half of 2023 has been characterized by unmet tax revenue targets.•
Zambia’s economic outlook remains positive- AFRINET
• The economy has posted positive trends.• This is despite the increased cost of living and contraction in the mining sector.• Citizens should remain optimistic