THE deficit in power generation in Zambian has narrowed down from 50 per cent in 2015 to about 10 per cent this year, Finance Minister Felix Mutati has said. And the Zambian government has reduced...

By James Muyanwa – THE World Bank has paid in capital of nearly $20 billion to the International Bank for Reconstruction and Development as well as the International Finance Corporation (IFC) with increased benefits. World...

By James Muyanwa – THE International Monetary Fund (IMF) and Bank Al-Maghrib of Morocco have extended the investment agreement to support IMF lending to low-income countries to 2022. Under the arrangement the Bank Al-Maghrib has...

By James Muyanwa – THE International Monetary Fund (IMF) has secured commitments valued at $450 billion from a total of 40 members. Since the Spring Meetings in April 2017, further progress has been made in...

By HELEN ZULU – THE Zambia Revenue Authority (ZRA) has launched a tax dispute resolution initiative aimed at reducing the number of litigation cases arising from tax disputes. The tax dispute resolution process is also...

By IMMANUEL CHITWA – THE Zambia Tourism Agency (ZTA) says tourism contribution to the national Gross Domestic Product (GDP) has in the last four years increased from 2.9 per cent to about 3.5 per cent...

By CHATULA KANGALI – MILLERS have appealed to the Government to extend the removal of Value Added Tax (VAT) on agricultural machinery to milling equipment in order to spur diversification in the sector Finance Minister...

By CHATULA KANGALI – SMALL and Medium Entrepreneurs (SMEs) have failed to access a 56 million Euros loan provided by the European Investment  Bank (EIB) because of their failure to prepare bankable proposals, the Zambia...

By HELEN ZULU – MPULUNGU Harbour Corporation Limited (MHCL) management says about US$1.5 million has been realised from exports to the Great Lakes region in the first half of 2017. MHCL general manager Davies Kaluba...

By Immanuel Chitwa – THE US$25 million British American Tobacco (BAT) cigarette manufacturing company will start test runs of machinery at its plant located at the Lusaka South Multi-Facility Economic Zone (LS-MFEZ) next week in...