MINES and Minerals Development Minister Christopher Yaluma says the country will before the end of July and August 2017 know whether there is oil in the oil exploration block 54 around Lake Bangweulu. Mr Yaluma adds that before the end of September 2017, the country will also know if there is oil and gas in the most potential block number ...

The Zambia Revenue Authority has exceeded its 2017 operational target for the first five months by K480 million, representing 3.3 % above target. In the 2017 national budget, Parliament approved a revenue target of K37.622 billion subject to the legislation of specific tax measures among which was the tax on copper concentrates and border crossing fees. However, Parliament did not ...

The Zambia Alternative Mining Indaba (ZAMI) has petition Mines Minister Christopher Yaluma to consider the plight of communities in the development of the Mineral Output Statistical System (MOSES) that is meant is meant to monitor the movement of minerals within and out of Zambia. ZAMI is a platform for communities, the church, government, Civil Society Organizations (CSOs) and Mining Companies ...

Speaker of the National Assembly Patrick Matibini has reversed the suspension of UPND Namwala Member of Parliament Moono Lubezhi who was suspended together with 47 other opposition party lawmakers for boycotting the President’s state of the nation address. This is after it was established that Ms Lubezhi had obtained permission from the Government Chief Whip for leave of absence from ...

The Southern African Center for the Constructive Resolution of Disputes (SACCORD) has called for dialogue involving all stakeholders in order to defuse political tension in the country. SACCORD Executive Director Boniface Cheembe says political stakeholders from both the opposition and ruling parties should together with the Church and the civil society come together and seek to find a lasting solution ...

Two Zambian nationals of Siavonga district have been sentenced to 8 months imprisonment after being convicted by a Zimbabwean court for theft of copper cables. Siavonga district Commissioner Lovemore Kanyama who has confirmed the development to Q-News has named the two as Beston Mupota and Charles Shayamanhu Mr Kanyama has since appealed to Zimbabwean authorities to consider transferring the two ...

The Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) has called on Government to immediately restructure management at the National Savings and Credit Bank (NATSAVE) for alleged blatant failure to properly manage the institution. ZUFIAW General Secretary Chingati Msiska has requested the Minister of Finance to restructure and fire the entire NATSAVE management which he says has clearly failed ...

Tobacco Association of Zambia (TAZ) has predicted a reduction in tobacco production in the country and at international level due to the continued regulations from Anti Tobacco lobbyists such as the World Health Organization and the Framework Convention on Tobacco Control (FTCT) to which Zambia is a signatory. Speaking during the association’s 53rd annual congress in Lusaka today, TAZ president ...

The Jesuit Centre for Theological Reflection (JCTR) has urged government to reinstate the mineral revenue sharing mechanism. The JCTR notes that the 2015 Mines and Mineral Development Act does not include the Mineral Revenue Sharing Mechanism which provided that the communities retain certain percentage mineral revenues. It has since demanded that this clause is returned to ensure that mining host ...

Zambia Chamber of Mines acting Chief Executive Officer Talent Ng’andwe says they have made headways in coming up with recommendations with regards the issue of foreign expatriates in the mining sector. Mr. Ng’andwe says the chamber of mines has been working with government and have since come up with a framework on how the issue of foreign expatriates in the ...