Feature Economy

Bank of Zambia Assistant Director, Isaac Muhanga has advised commercial banks to desist from abusing their clients’ trust as business ethics are important...

Standard Chartered Bank Zambia has said its on course to record its highest net profit growth in the 104 years of its existence in Zambia before the end of the year. Speaking at a media briefing this morning, Standard Chartered Bank managing director Mizinga Melu said the bank’s net profit this year had risen to 116 percent. “Our net profit has grown 116% translating to K93.2 billion, our balance sheet has grown 18 % which is K3,398 billion while our deposits have grown 10 % culminating into K2,664 billion.

There is dissatisfaction among some segments of Zambian society that this taxation regime does not provide for adequate contribution of tax revenue by mining companies to the country’s coffers, and that the government should not have shelved the idea of a “windfall tax,” which would have provided for a charge on the sales of copper for every US$0.50 increase in the price of copper per pound on international copper exchanges.

Zambia ranks among the top 10 countries worldwide that have improved the ease of doing business for local firms in the past year according...

This most recent occurrence is not an isolated issue. There is a pattern of behavior where time and time again, various companies have willingly abused our environment, (and thus by default our citizens) with laughable consequences. Indeed we are looking at a much bigger problem than this one incident that will only be addressed by strengthening and expanding the role of the Environmental Council of Zambia. Our country needs to progress, and environmental protection is a critical part of our nation’s overall progress.

GOVERNMENT will ensure that more hostels are constructed at the University of Zambia and the deteriorated roofing system is renovated with utmost urgency. Education Minister...

The Government says the favourable performance of the economy in several sectors such as in mining, agriculture and tourism is expected to register...

Energy and water development Minister Kenneth Konga has dismissed reports that the country might experience a fuel shortage beginning this month end. Mr. Konga told...