High export tax choking timber industry- ZNAS

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  By Bennie Mundando HIGH duty imposed on timber, whose price is already high will suffocate the timber industry in Zambia as many boards will not encourage trans-boundary business of the commodity within the region and outside, the Zambia National Association for Sawmillers (ZNAS) has protested to the Ministry of Finance. In a

15, 000 farmers await e-voucher cards

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  By SANDRA MACHIMA OVER 15,000 farmers have not yet received their e-voucher countrywide, says Zambia National Farmers Union (ZNFU) president Jervis Zimba. ZNFU president Jervis Zimba revealed that the names of the farmers were not submitted to the union to enable them have their visas activated. He urged the agriculture officials to quickly

Africa-France summit calls for stronger ties

  By ANNIE ZULU ZAMBIA’S foreign minister Harry Kalaba has described the 27th Africa- France summit which opened in Bamako yesterday as significant as it will open an opportunity for African leaders to discuss issues causing conflicts on the continent. Mr Kalaba who is representing President Edgar Lungu at the summit said Africa

ZNBS rakes K20.6 million profits

  By BUUMBA CHIMBULU THE Zambia National Building Society (ZNBS) has projected the growth of its asset base in 2017 to about K1.1 billion from the current K690 million recorded as at November 2016. And the society has also recorded significant growth in profitability to K20.6 million as at November 2016 from K3.9

ZRA introduces new tax collection strategy

  By BUUMBA CHIMBULU  A NEW tax collection strategy known as ‘‘collection at source’’ has been introduced by the Zambia Revenue Authority (ZRA) on all consumption duties. ZRA commissioner general Kingsley Chanda explained that the strategy would allow the authority to collect taxes at source. Mr Chanda further explained that companies paying suppliers would

KCM faces lawsuit pollution

  By PRISCA LUMINGU-BANDA KONKOLA Copper Mines (KCM) risk being sued if investigations will establish that the mining company has been polluting water streams in Chingola, Water, Sanitation and Environment Protction Minister Lloyd Kaziya has warned. Chingola residents have accused Government of shielding KCM over the pollution of streams in the mining area

KWACHA SHINES GLOBALLY

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  By Chikumbi Katebe THE ZAMBIAN Kwacha has been described as the best performing currency and assets in Best Spot Returns in Africa, and among the six best performing in the world in 2016. This is contained in a study published by Bloomberg, a global research and information company which placed Zambia sixth

Toll plazas raise K450m in 2016

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  By KALOBWE BWALYA FOUR hundred and fifty million Kwacha has been raised from toll gates in 2016, National Road Fund Agency (NRFA) acting chief executive officer Wallace Mumba has disclosed. The three inland toll stations at Miyumbi, Kafulafuta and Kafue contributed around 10 percent of the overall annual toll revenue

Ignore FISP detractors, South farmers urged

By Annie Zulu FARMERS in Southern Province should not be swayed by people who are telling them not to take part in the Farmer Input Support Programme (FISP) because such people were only bent on sabotaging Government projects in the area, PF Southern Province vice information and publicity secretary Trymore Mwenda

DRC political tension affect cross border traders

  By SIABANA KELVIN POLITICAL tension in the neighbouring Democratic Republic of Congo (DRC) has made it difficult for us to do business in that country, cross border traders have complained. The cross border traders said they have resorted to do their businesses on the Zambian side because they are guaranteed 24 hours