Finance Minister Margaret Mwanakatwe says Government looks forward to the coming of the International Monetary Fund (IMF) Staff Team for Article 4 Consultations in the first quarter of 2019. Mrs. Mwanakatwe says the IMF Team was in Zambia to exchange…
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The Ministry of Finance says it will not hesitate to evoke the sanction provisions of the Public Finance Management Act against erring Controlling Officers and other public officials who overlook regulations about handling and utilization of public resources. Secretary to…
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The Government, through the Civil Service Commission, has dismissed twelve accounting and one operations staff who were involved in various offences involving public funds. The dismissed officials, mostly from the accounting cadre, are from Ministry of General Education, Ministry of…
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Finance Minister Margaret Mwanakatwe says the Tax Policy Review Committee will be reconstituted and appointed to deal with technical issues related to tax implementation matters raised by the public. This follows some concerns raised by the Zambia Chambers of Mines…
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Finance Minister Margaret Mwanakatwe says government has defined a Eurobond redemption strategy that will establish an optimal plan for redeeming Zambia’s bonds. Zambia has to date issued three Eurobonds amounting to US$750 million in 2012, US$1 billion in 2014 which…
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The Ministry of Finance has disclosed that the date for the Budget Presentation to parliament by Minster of Finance Margaret Mwanakatwe will be announced by the end of the week. Ministry of Finance Head of Public Relations Chileshe Kandeta tells…
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Finance Minister Margaret Mwanakatwe has emphasized that there has been no debt default by the Zambia Government on the debt obligations to the Chinese Government and other Chinese lenders. The Finance Minister also in a statement issued to Money FM…
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Finance Minister Margaret Mwanakatwe is expected to issue a public Statement over the alleged Misrepresenting statements in circulation concerning state Assets/liabilities. These include the Zambia’s main electricity Supplier ZESCO, the National Broadcaster, Zambia National Broadcasting Corporation (ZNBC)and the Kenneth Kaunda…
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An Economist Yusuf Dodia has advised the government to revisit the revocation of the Statutory Instrument No. 33 of 2012 as it prepares to announce the 2019 National Budget. Government in 2014, through the Ministry of Finance, announced the revocation…
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Government has disclosed that the insurance bill is ready and will be reviewed in the next legislative session in February, 2019. Ministry of Finance Permanent Secretary Mukuli Chikuba has attributed the delay in implementing insurance laws in the country to…
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