Daily Archives: September 6, 2018

2019 budget tax burden should not stifle livelihoods – Wina

Acting President Inonge Wina has called on the Ministry of Finance to ensure that the tax burden in the 2019 national budget does not stifle the livelihood of the Zambian people. Mrs. Wina says government desires that tax administration becomes more consultative and responsive to the peculiar needs of all tax payers. She states that government however expects the Zambia ...

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Govt intends grow GDP to 4% in 2019 -2021 MTEF

Government says its macroeconomic objectives for the medium term, 2019-2021, is to attain an average annual Gross Domestic Product (GDP) growth rate of at least 4 percent. Acting Secretary to the Treasury Dick Chellah Sichembe says this is in view of the austerity measures and in an effort to maintain a stable and resilient Zambian economy. Dr. Sichembe has disclosed ...

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Historic India ruling legalises gay sex

In a historic decision, India’s Supreme Court has ruled that gay sex is no longer a criminal offence. The ruling overturns a 2013 judgement that upheld a colonial-era law, known as section 377, under which gay sex is categorised as an “unnatural offence”. The court has now ruled discrimination on the basis of sexual orientation is a fundamental violation of ...

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54 companies confirm participation in Central Province Expo

A total of 54 companies have already confirmed their participation in the Central Province Investment Forum and Expo slated on the 8th to 13th October this year. The International companies, which have confirmed participation include among others from China, Turkey, South Africa. Central Province Minister Sydney Mushanga says of the 54 companies 9 are foreign companies while the rest are ...

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Kasenengwa turnout won’t reach half of registered voters -AVAP

Voting is underway in the by-elections that are taking place in Kasenengwa constituency and in  five other wards. The Kasenengwa Parliamentary Seat fell vacant following the death of  the then area Member of Parliament Victoria Kalima while vacancies in Kamalamba, Liyovu, Mabili, Nkenyauna and Shikombwe wards are as a result of resignations of councilors. And the Anti-Voter Apathy Project (AVA), ...

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Magande backs BoZ’s prohibition of bank charges

The Bank of Zambia (BoZ) has been cautioned against succumbing to any pressure to rescind its directive to prohibit financial service providers from imposing unwarranted charges. Former Finance Minister Ng’andu Magande is advising the BoZ to wait until banks begin to show their profit and loss accounts at the end of the year. Mr. Magande says if there will be ...

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