Business
Economy, mining, kwacha, markets and enterprise.
642 stories
-
Landlords Urged to Declare Rental Income to ZRA
The Zambia Revenue Authority (ZRA) has urged landlords to declare their rental income and comply with tax obligations. ZRA Commissioner General Dingani Banda says rental income remains highly under-declared, with a previous 2018 assessment showing that only five percent of rented properties were registered for…
-
FQM Founder Shareholder KWALELA LAMASWALA Dies
One of the founder shareholders of First Quantum Minerals and Chairperson of...
-
Muchinga official warns FRA against favouring foreign maize suppliers
Muchinga Province Permanent Secretary, Tuesday Bwalya, has warned Food Reserve Agency (FRA) depot clerks against prioritising foreign nationals in maize purchases, saying the practice undermines local small-scale farmers. Bwalya expressed concern over reports that some FRA depot clerks in Isoka and Nakonde had been buying…
-
Policy centre calls for environmental safeguards in Grow Zambia plan
Zambia’s Centre for Trade Policy and Development (CTPD) has called for binding environmental safeguards under the government’s Grow Zambia Agenda, saying mining-led growth could create long-term public liabilities if environmental risks were not properly managed. CTPD Lead Researcher for Land, Environment and Climate Change, Solomon…
-
Zambia’s Kwacha weakens as dollar demand outpaces supply
Zambia’s Kwacha extended its losses against the U.S. dollar on Wednesday as increased demand for foreign currency outweighed relatively modest supply on the market. According to Absa Bank Zambia’s daily market commentary, the USD/ZMW pair opened at K19.5500/19.9018 before the Kwacha shed 2.5 ngwee to…
-
Barotse Royal Establishment welcomes 10MWac Solar Project
10-megawatt Mwandi joint venture to feed clean
-
Zanaco’s after tax profit drops 1% to K868m
TRYNESS TEMBO Lusaka ZANACO has posted a profit after tax of K868 million for the period ended June 30, 2026, slightly down by one percent compared to the previous financial year. The marginal dip in profit has been attributed to a 20 percent increase in…
-
CEC’s share price continues on a downward trend despite approving dividends
The Copperbelt Energy Cooperation Plc (CEC)’s share
-
Demand in DotCom Zambia’s shares drive an increase in share price—broker
DotCom Zambia, the only small and medium
-
Govt wants gold deposits traced
PRISCILLA MWILA Lusaka AS PART of efforts to curb illegal gold mining, Government is in the process of engaging an institution to help develop a clear traceability system that will enable it to establish which areas of the country have gold deposits. Ministry of Mines…
-
Govt must negotiate higher stakes in upcoming mines – Expert
The prices of critical minerals on the
-
Which one is better in Lusaka to build or buy a house?
To buy a finished house or build
-
Developers reject 5% commission Agents Cry Foul
A real estate agent has lamented the
-
Local firms shun investment as developers delay payments
In the construction or real estate industry,
-
Zambia’s Finance Minister, Musokotwane, orders revenue collection drive
Finance and National Planning Minister, Situmbeko Musokotwane, has directed the Ministry to intensify revenue collection by improving tax compliance, enforcement and efficiency across existing revenue streams. Musokotwane said Zambia needed to maximise revenue from both tax and non-tax sources while closing loopholes through which public…
-
Collective investment assets hit K4 billion in Q2-SEC
According to the Securities and Exchange Commission
-
TIZ Report Highlights Governance Risks in Chinese Mining Sector
Transparency International Zambia report on mitigating governance risks associated with Chinese mining in Zambia has...
-
Treasury Pushes Stronger Tax Compliance, Enforcement
Finance and National Planning Minister SITUMBEKO MUSOKOTWANE has called for improved revenue...
-
Ecobank Zambia commits K1.5 million to upgrade Bauleni Legacy Academy
Ecobank Zambia has committed about K1.5 million over the next three years to upgrade Bauleni Legacy Academy in Lusaka, with the investment targeting school infrastructure and learner development. The commitment was announced on Wednesday during the signing of a Memorandum of Understanding between Ecobank Zambia…
-
Afreximbank, ZEP-RE join forces to build skills for Africa’s growing trade ecosystem
The African Export-Import Bank (Afreximbank) and ZEP-RE (PTA Reinsurance Company) have agreed to strengthen professional and institutional capacity in trade, insurance, reinsurance and risk management as Africa seeks to deepen cross-border commerce and investment. This is according to a statement issued on Wednesday. The three-year…
-
China Rejects Alleged Biased Remarks on Mining Investments in Zambia, Cites K10bn in Taxes, 45,000 Jobs
The Chinese Embassy in Zambia has rejected what it describes as biased and misleading remarks...
-
ZRA tightens tax clearance rules for businesses over tax registration gaps
Zambia’s tax authority has tightened controls on the issuance and renewal of Tax Clearance Certificates (TCCs), blocking businesses whose taxpayer identification numbers (TPINs) were not linked to the tax types applicable to their operations. Zambia Revenue Authority (ZRA) Manager for Corporate Communications, Oliver Nzala, said…
-
LuSE Q2 performance hit by Shoprite, ZCCM-IH, CEC declines
According to the Securities and Exchange Commission
-
Tanzania to host parliamentarians as Dira 2050 moves into implementation
Tanzania will host parliamentarians from around the world in Arusha from October 5 to 9 for the 153rd Assembly of the Inter- Parliamentary Union, as the country begins implementing Development Vision 2050, its long- term plan to build a $1 trillion economy. The Assembly will…