FRA to buy 50kg bag of maize at K280 during 2023 crop marketing season
• FRA will be buying a 50 kilogram bag of white maize at K280 and a 40kg of bag paddy Rice at K200• The agency
Category : Markets
ZGA laments low tax compliance among members
• Taxes being collected are less than slot machines which are in Zambia.• Most people are operating without licenses from Ministry of Finance.• This is
ZRA collects K27.3 billion gross revenue in Q1
• This is compared to K26.5 billion collected during the same period last year.• Low VAT compliance is the major challenge ZRA is facing.• Lower
ZCCM-IH’s trading of shares on LSE temporarily suspended
• The suspension is as a result of the non-publication of audited financial results for 2021 and 2022 within regulation time.• Delay in the financial
Zambia has influx of foreign investors externalizing profits – Analyst
• The country has an influx of foreign investors who externalize profits to their countries.• This is why most of them engage in tax avoidance
Kwacha losses attributed to dwindled positive sentiments, drop in Copper prices
• During the spring meetings, there was hope that Zambia would get the debt restructured.• The positive sentiments influenced the money market.• Drop in Copper
ZDA registers 81 investment ventures valued at US$8.57 billion in Q1
• This is compared to 74 investment ventures recorded in the same period in 2022 with an investment of US$ 240.13 million.• The key sectors
Japan to provide Grant of about K11.6 Million to Zambia’s tourism sector
• Japan will provide a Grant of up to Eighty-Nine Million Three Hundred Thousand Japanese Yen• The support follows a request by the government for
Economist challenges LEAs to give progress report on suspicious transactions
• Citizens will have more confidence in the Law Enforcement Agencies if they can be having tangible recoveries of public resources.• The resources are meant
Zambia no longer imports live chickens – PAZ
• Government has put in place measures to deter importation of live chickens into the country.• Government only allows importation of the parent stocks.• The