Government to auction illegally harvested Mukula logs
• Government has engaged ZNS to identify and collect all illegally harvested Mukula logs laying across the country.• The exercise will run from 1st November,
Category : Business
September food basket stood at over K9, 000-JCTR
• This is compared to K8, 850.38 recorded in September, 2022.• The average price of charcoal reduced from K455 per 90kg bag to K370 per90kg
ZGA extols proposed tax changes in 2024 budget
• Taxes are in line with the prevailing circumstances pertaining to gambling and betting business.• Zambia has become a fertile centre in terms of the
Zambia needs to conclude MoU signing with bilateral creditors-Economist
• This is key in concluding MoUs with each individual creditor in terms of debt restructuring.• Zambia will now be able to access the external
ZCCM-IH shareholders approve dividend payout totaling K724 million
• This represents a year-on-year increase in profits of 154% 2022 and149% 2021.• Government will get K562 million.• The improved performance at Company level is
TI-Z expects government to reduce PAYE by 2.5% in 2024
• This should be done in a bid to alleviate the impact of the rising cost of living on the entire workforce.• TI-Z expects government
Zambia’s annual inflation soars to 12%, as country posts trade surplus
• On average, prices of goods and services increased by 12.0 percent between September 2022 and September 2023.• This was mainly due to price movements
Economist projects increase in inflation rate
• Inflation rate will go up although maybe not this month but next month.• Major drivers of inflation will be the exchange rate and increase
FRA pays out over K1 billion to maize farmers
• This is for the total quantity of maize purchased as at 25th September 2023 which is 343,013.60 metric tonnes.• The quantity is equivalent to
African Swine Fever puts pork value chain under threat
• Pig farmers should not hesitate to report to the nearest veterinary office upon noticing strange behavior on their animals.• The killing of over 500