TIZ SAYS UPND’S CORRUPTION FIGHT A MOCKERY

By Chileshe Mwango  Transparency International Zambia -TIZ- has described the reported immunity deal struck between Former Konkola Copper Mines -KCM- Provisional Liquidator Milingo Lungu and the state as a mockery of the UPND administration's professed commitment to fighting corruption.  TIZ Executive Director Maurice Nyambe tells Phoenix News that…
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GOVT URGED TO PRUDENTLY MANAGE ITS BORROWING FROM RETAIL BANKS

By Tinkerbel Mwila  Economist Mathews Muyembe is calling on government to prudently manage its borrowing from retail banks as this has continued to deprive the private sector of resources meant for expansion of projects.  In an interview with Phoenix News, Mr Muyembe is of the view that government`s continued borrowing from the banks is crowding…
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STANBIC ZAMBIA PREDICTS RISE IN ZAMBIA`S PRIVATE INVESTMENT THIS YEAR

By Michael Kaluba Stanbic Zambia Limited has predicted that private investment in Zambia will rise in 2022 against a backdrop of improving economic conditions and a more business-friendly environment while foreign direct investments are likely to rebound in the coming quarters. Stanbic Bank Head of Global Markets Victor Chileshe also predicts that…
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ZRA RECORDS 98.8% INCREASE IN MINING COMPANY TAX COLLECTIONS

By Patricia Male The Zambia Revenue Authority –ZRA- has recorded an increase in mining company tax collections for the first quarter of 2022. ZRA Acting Corporate Communications Manager Oliver Nzala says the mining and quarrying sector has continued to be the largest contributor to gross revenue collections recorded in the first quarter of both…
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