Economist Noel Nkhoma says Zambia can do without the International Monetary Fund (IMF) financial bailout in view of the Zambia Revenue Authority’s ability to collect K27.7 billion in gross taxes in the first six months of 2018. Mr. Nkhoma, however, states that this does not mean that Zambia should not pursue the IMF financial assistance it has been seeking. In ...

Members of Parliament this morning rejected the motion moved by Vice President Inonge Wina for the house to adjourn sine die upon completion of all business on the order paper and all matters arising there from. Mazabuka of Parliament Gary Nkombo opposed the motion suggesting that the house should instead proceed with business and adjourn on Tuesday. In his debate, ...

Vice President Inonge Wina says government will wait for the investigative wings to ascertain the cause of the fire which gutted COMESA Market in Lusaka last night before making any statements. A Tanzanian woman who was trading at the market died from suffocation as she tried to retrieve her goods. Ms Wina has told parliament during the vice president’s question ...

A World Cup which began with low expectations for England ended with positivity and optimism, despite the pain of losing in the semi-finals to Croatia. After failing to get out of the group in 2014 and losing to Iceland at the European Championship in 2016, the performances of Gareth Southgate’s squad – both on and off the pitch – restored ...

Chelsea are set to announce the departure of manager Antonio Conte after two years in charge. The club have refused to comment on the status of the 48-year-old, who won the Premier League title in his first season and the FA Cup in May. Chelsea midfielder Cesc Fabregas has thanked Conte on social media and wished him “luck for the ...

Zambia Association of Manufacturers (ZAM) Chief Executive officer, Chipego Zulu has noted the need for small scale manufacturers to be provided with capital to enable them access affordable or zero rated machinery from abroad. Speaking to Q-news in an interview, Ms. Zulu says lack of machinery still remains a challenge for small scale manufacturers especially those in agro processing. She ...

The Center for Trade, Policy and Development (CTPD) has called for the domestication of the Africa Mining Vision action plan which calls for the harnessing of the potential of Artisanal and Small Scale Mining. The center believes that this will help improve women’s livelihoods, stimulate entrepreneurship as well as promote local and integrated national development. CTPD Policy Lead on Extractives ...

Government’s activities in the money market have been cited as the main reason why interest rates are high in Zambia despite the downwards movement in the benchmark lending rate. Economist Oliver Saasa says by offering attractive treasury bills government has made itself the main player in the market and thereby overcrowding the private sector. He says this is why commercial ...

Johnson & Johnson has been ordered to pay $4.7bn (£3.6bn) in damages to 22 women who alleged that its talc products caused them to develop ovarian cancer. A jury in the US state of Missouri initially awarded $550m in compensation and added $4.1bn in punitive damages. The verdict comes as the pharmaceutical giant battles some 9,000 legal cases involving its ...

Donald Trump has said the UK will “probably not” get a trade deal with the US, if the prime minister’s Brexit plan goes ahead. He told The Sun the PM’s plan would “probably kill the deal” as it would mean the US “would be dealing with the European Union” instead of with the UK. Downing Street has not yet reacted ...