Posted on January 23, 2012 by Editor and saved under BUSINESS, Headlines
The Zambian government will rebase the Zambian Kwacha currency by lopping off three zeros Finance Minister Alexander Chikwanda said on Monday 1/23. Chikwanda told a media briefing today Monday 1/23. What this actually means is that the rebasing of the Zambian Kwacha will be by dividing the current notes by…
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Posted on January 19, 2012 by Editor and saved under BUSINESS
MARKETEERS in Kitwe have refused to pay the revised market levies despite the local authority threatening to take punitive action against them. Early this month, the Kitwe City Council (KCC) revised market levies, in a bid to increase revenue collection but the move has angered market associations. KCC acting public…
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Posted on January 18, 2012 by Editor and saved under BUSINESS
ZAMBIA is losing more than US$500 millionĀ a year in the gemstone industry due to a poor export monitoring system, Mines Minister Wilbur Simuusa has said. The minister has also called for increased supervision in the export of base metals in the mining industry to enable the country realise full benefits…
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