The opposition National Restoration Party (NAREP) has charged that the real issue with Value Added Tax (VAT) Rule 18 is that the government has run out of money and has used funds required to repay exporters. Addressing journalists today during a press briefing in Lusaka, NAREP President Elias Chipimo Junior says the government now need to find a reason to ...

Republican President Michael Chilufya Sata has arrived back home from New York where he had led a delegation to the 69th Session of the United Nations General Assembly. And President Sata yesterday hailed Ministers for competently representing him and Zambia at the just ended meetings 69th Session of the United Nations General Assembly. President Sata, who addressed the ministers shortly ...

Movement for Multi Party Democracy (MMD) Vice President for Administration Brian Chituwo has maintained that the former ruling party is as good as dead under the leadership of Nevers Mumba. Dr. Chituwo says electing Dr Mumba during the national convention was a regrettable mistake that the party made. Dr. Chituwo says it is clear that things are not well in ...

The opposition Movement for Multi Party Democracy (MMD) says former Republican President Rupiah Banda has not officially communicated to the party about his intentions to return to active politics. And the former ruling party has confirmed that some MMD members have been advocating for the return of the former Head of State to active politics. MMD National Secretary Muhabi Lungu ...

Former Transparency International Zambia (TIZ) President Reuben Lifuka has observed that the country lacks a well articulate policy on how to fight corruption. Mr. Lifuka has told Qfm news in an interview that it is unfortunate that government has failed to seal loopholes of corruption in all sectors of the economy. Mr. Lifuka who is also a member of the ...

Vice President Guy Scott says Konkola Copper Mines still remains viable as long as its disputes such as tax rebates and electricity prices are resolved. Dr Scott told Parliament today during the Vice President’s question time in response to a question by Bwacha Member of Parliament Sydney Mushanga who wanted to know what the futures holds for KCM following recent ...

Government says the Food Reserve Agency (FRA) has as at 19th September bought about 900,000 metric tons of maize worth K1.2 million from farmers across the country. Government had given FRA a target of 500,000 metric tons of maize purchases during the 2014 marketing season but has been forced to buy extra maize as result of the overwhelming response from ...

Vice President Guy Scott says President Michael Sata is alive contrary to US media reports suggesting that he had died. Dr Scott said this in Parliament this morning in response to a question by Monze central Member of Parliament Jack Mwiimbu who wanted to know the President’s health status following US media reports that he was attended to by Doctors ...

The Economic Association of Zambia has observed that though Zambia is this year celebrating its golden jubilee, much of its post independence economy has been characterized by inflationary turbulence especially prior to the year 2002. Speaking in Lusaka today during the National Economic Advisory Council stakeholders validation seminar dubbed “Inflation and Growth; Estimating the Threshold level of Inflation in Zambia”, ...

Government has directed Konkola Copper Mines (KCM) and Copperbelt Energy Corporation (CEC) to resolve their standoff over the outstanding $44 million electricity bill the mining company owes before the end of today. CEC has restricted power supply to KCM over the electricity bill paralyzing operations at the country’s second largest mine. Speaking during a joint media briefing in Lusaka this ...