Wednesday, July 31, 2024

Feature Economy

Public/Private partnerships critical for future development -RB

President Banda on March 4 commissioned the US$25 million modern Kasumbalesa border facility. The Kasumbalesa border post becomes the first project to be commissioned under...

Mopani Copper mine accountants under investigation for ‘flawed’ tax submission

The Zambia Institute of Chartered Accountants may punish the accountants of Mopani Copper Mines Plc, a unit of Glencore International AG, if they were...

Bharti’s Zambia Unit Can Buy Out Minority Shareholders, Reapply to Delist

Bharti Airtel Ltd. is allowed to buy out the minority shareholders who refused to sell their stakes in its Zambian unit, said Michael Liwelela,...

Invest in Zambia- RB urges the US

PRESIDENT Banda has called on the United States of America to invest in Zambia because the country is one of the most attractive investment...

Parmalat opens Branch in Livingstone

Southern Province Permanent Secretary Mrs. Gladys Kristafor says that Zambia's growing investment sector will provide jobs to many youths and contribute to economic...

LUSE: A Path to Financial Security

By Chanda K. Chishimba Zambians should view the Lusaka Stock Exchange (LUSE) as an investment vehicle that can lead to a better and more financially...

Tribalism in Zambia—Zambians Speak Up

This is a subject that continues to make headlines in Zambia especially with our politicians. I am not going to focus on what the politicians are saying or not saying. But let me talk about my experiences interacting with Zambians of various backgrounds, here in Zambia, what they are saying about the Tongas. For some reasons when we talk about tribalism, in Zambia, the Tonga word is almost always in the same sentence. Should it really be like that?

Windfall Tax: The Argument For

According to estimates, Zambia is able to collect as much as US$400 million annually if it was to re-introduce the windfall mineral royalty tax. With this kind of money, why should we continue to borrow or ask donors for money to enable us finance our various projects including the building and maintenance of roads, schools, hospitals as well as the improvement of our water and sanitation situation? Indeed why should we struggle to provide basic social services to our people when we have that kind of money which we have voluntarily refused to collect? Is this not a way of embracing poverty? Certainly, our leaders can do better on the issue of windfall taxes