Category: Business

BOZ directs commercial banks to adjust ATMs to accept new notes deposits 

By Staff Reporter The Bank of Zambia (BoZ) has directed commercial banks to finalise the adjustment of the Automated Teller Machines (ATMS) by end of this month

Dr Ng’andu promises to restore Zambia’s fiscal health

By Staff Reporter Newly appointed Finance minister Dr. Bwalya Ngándu says he will work towards restoring the fiscal health of the country. Dr. Ng’andu, who was Central

Mwanakatwe announces deferment of GST implementation again

By Staff Reporter The Government has again deferred the implementation of the Goods and Services Tax (GST) measure from July 1, to September 1, 2019. The Zambian

EAZ predicts Kwacha stability until October 

By Staff Reporter Economics Association of Zambia (EAZ) president Dr Lubinda Habazoka has projected continued stability of the local currency until October when the country is scheduled

K136 m released for road projects arrears

By Staff Reporter Government has released K136 million for the dismantling of road projects arrears and other related activities. Finance Minister Margaret Mwanakatwe said the disbursing agency,

Sugar project in Western Province to get funding

By Staff Reporter A Zambian company, Programme Against Discrimination in Communities (PADIC) and Rosenthall Group (TRG) of the USA have signed a 150 million Euro agreement for

Increased debt servicing impacting national budget adversely – Mwanakatwe

By Staff Reporter   FINANCE Minister Margaret Mwanakatwe says increased debt service payments are having an adverse impact on the budget and there was a need to