Business
The Food Reserve Agency today announced a K40 increase in the buying price of a 50kg bag of maize from last year’s K110 to K150 for this year’s crop marketing season. The Agency also announced that it will pay K500 per 50kg bag of Soya Beans while K200 will be paid per 40kg bag of […]
The three cement manufacturing enterprises that were fined for price fixing and division of markets by the Competition and Consumer Protection Commission Board of Commissioners have appealed the Boards’ decision through the Competition and Consumer Protection Tribunal. In March this year, the Board fined Lafarge and Mpande Limestone 10% of their annual turnovers for 2019 […]
The Zambia National Farmers Union has called on Government to revoke the 10% export tax on maize grain as it discourages exports. ZNFU President, Jervis Zimba says the Ministry of Agriculture should honour the promise it made to remove the tax if the national harvest exceeds 2.2 million metric tons as the country is expected […]
The Golden Party of Zambia says allowing foreigners to openly compete with Zambians whose businesses are in their infancy stage is killing local businesses and entrepreneurs. GPZ President, Jackson Silavwe says foreign businesses have enough capital to invest in enterprises while local entrepreneurs are failing to grow and compete effectively. Mr. Silavwe he is however, […]
According to a report published today, the Drug Enforcement Commission in the first quarter of 2021 seized US$150,900 in counterfeit notes. The Commission received a total of 29 reports involving over K19 million, over US$326,000 and 25,300 Pounds and secured one conviction in the cases under the Anti-money Laundering Investigations Unit. The report also indicates […]
Bars and Night Clubs owners Association of Zambia says it intends on engaging the government on the need for its members to return to normal operations. The Associations’ General Secretary, Edmond Lifwekelo says with the Coronavirus pandemic is seemingly not going away any time soon and that Bars and Night Clubs should be allowed to […]
Youth Alliance Zambia has petitioned Health Minister, Dr Jonas Chanda to urgently introduce the Tobacco and Nicotine Products Control Bill in the current sitting of Parliament. The organization’s Executive Director, Samson Mwale says the delay in enacting the Bill has put the lives of millions of Zambians at risk. Mr. Mwale says the enactment of […]
The Ministry of Labour and Social Security has bemoaned the poor working conditions for most farm workers in Chongwe District. Speaking during an inspection tour of farms in Ngwerere area, Labour Minister, Joyce Simukoko observed with concern the failure by most employers to adhere to the country’s labour laws. Mrs Simukoko, who was in the […]
Police in Nakonde district have intercepted a Scania Truck and trailer loaded with Mukula logs at GMC parking area in ILendela village. Confirming the development to Capital FM, Police Deputy Public Relations Officer, Danny Mwale said the incident occurred on the 30th of January, 2021 around 22:00 hours in Nakonde district. Mr Mwale said the […]
The Zambia Revenue Authority has intercepted another 2 trucks carrying second-hand clothes worth over K1.4 million. The consignments were smuggled into Zambia using fake documentation. ZRA Corporate Communications Manager, Topsy Sikalinda said alert ZRA officers intercepted the consignments between Kapiri and Mkushi and during inspection of the trucks and their cargo, the drivers presented fake […]
