MOPANI PAYS K341 MILLION IN TAXES Lusaka, Tuesday, 11th June 2024 The rejuvenated Mopani Copper Mines has paid K341 million(approximately USD$13 million) in taxes since its takeover by Internal Resources Holdings (IRH) in March, 2024. This came to light when IRH Chief Financial Officer, ABHINAY KHOWALA paid a courtesycall on Finance and National Planning Minister… Continue reading MOPANI PAYS K341 MILLION IN TAXES
Category: Business
APPLE BRINGS CHATGPT TO IPHONES IN AI OVERHAUL
APPLE BRINGS CHATGPT TO IPHONES IN AI OVERHAUL Apple is to boost its Siri voice assistant and operating systems with OpenAI’s ChatGPT as it seeks to catch up in the AI race. The iPhone maker announced the Siri makeover along with a number of other new features at its annual developers show on Monday. It… Continue reading APPLE BRINGS CHATGPT TO IPHONES IN AI OVERHAUL
Hetty Green…the most stingy woman in history, her wealth is estimated at more than $2.3 billion
Hetty Green…the most stingy woman in history, her wealth is estimated at more than $2.3 billion. Hetty Greene was born in America in 1835. She was the only daughter of a wealthy businessman. She inherited from her father a fortune estimated at $7.5 million. When she was twenty-one years old, she moved to live in… Continue reading Hetty Green…the most stingy woman in history, her wealth is estimated at more than $2.3 billion
ZAM CALLS FOR ACCELERATED VAT REFUNDS, TAX REFORMS TO BOOST MANUFACTURING
ZAM CALLS FOR ACCELERATED VAT REFUNDS, TAX REFORMS TO BOOST MANUFACTURING Lusaka, Monday (June 10, 2024)MEDIA STATEMENT The Zambia Association of Manufacturers (ZAM) has made a strong appeal to the government to expedite the process of Value Added Tax (VAT) refunds for manufacturers who consistently comply with tax regulations. During the 2024 pre-budget meeting held… Continue reading ZAM CALLS FOR ACCELERATED VAT REFUNDS, TAX REFORMS TO BOOST MANUFACTURING
MINING COMPANIES CAUTIONED AGAINST USING CURRENT ECONOMIC HARDSHIPS AS EXCUSE FOR JOB CUTS
MINING COMPANIES CAUTIONED AGAINST USING CURRENT ECONOMIC HARDSHIPS AS EXCUSE FOR JOB CUTS As Zambia continues to grapple with prevailing economic challenges, the National Union of Miners and Allied Workers-NUMAW- has cautioned mining companies against using current economic hardships as a justification for laying off workers. NUMAW National Secretary Steven Mwanga says although most companies… Continue reading MINING COMPANIES CAUTIONED AGAINST USING CURRENT ECONOMIC HARDSHIPS AS EXCUSE FOR JOB CUTS
ZAMBIANS CAN’T WAIT TO SEE A FULLY FUNCTIONAL KCM
ZAMBIANS CAN’T WAIT TO SEE A FULLY FUNCTIONAL KCM ….people are expecting Vedanta to fully take over KCM before end of this June, says ANDD The Advocates for National Development and Democracy (ANDD) says Zambians cannot wait to see a fully functional Konkola Copper Mines Plc after exhausting all the modalities for Vedanta Resources to… Continue reading ZAMBIANS CAN’T WAIT TO SEE A FULLY FUNCTIONAL KCM
Solving Yango Murders
Emmanuel Mwamba writes: Solving Yango Murders If the Zambia Police and ZICTA were just half serious, the Yango murders must be among the easiest cases to solve, save future lives and make the business safe for both drivers and passengers. Because to use a ride-hailing service, it uses mobile phones and phone numbers. In ride-hailing,… Continue reading Solving Yango Murders
LOAD SHEDDING, EXCHANGE RATE FLUCTUATIONS CRIPPLE MANUFACTURING SECTOR, ZAM VICE PRESIDENT WARNS
LOAD SHEDDING, EXCHANGE RATE FLUCTUATIONS CRIPPLE MANUFACTURING SECTOR, ZAM VICE PRESIDENT WARNS The Zambia Association of Manufacturers (ZAM) Vice President South, Fronscen Haloba, has sounded the alarm on the devastating impact of load-shedding and fluctuating exchange rates on the manufacturing sector. According to Mrs. Haloba, the sector has been forced to reduce production capacity due… Continue reading LOAD SHEDDING, EXCHANGE RATE FLUCTUATIONS CRIPPLE MANUFACTURING SECTOR, ZAM VICE PRESIDENT WARNS
Zambia asks for IMF loan to be increased to $1.7 billion
Zambia asks for IMF loan to be increased to $1.7 billion LUSAKA, June 4 (Reuters) – The International Monetary Fund (IMF) said on Tuesday that Zambia’s government had asked for its $1.3 billion loan programme to be increased to $1.7 billion to help it respond to a severe drought.The IMF also said in a statement… Continue reading Zambia asks for IMF loan to be increased to $1.7 billion
WE’VE REPOSSESSED TANKERS FROM OMCs NOT REMITTING THEIR DUES – NKANDU
WE’VE REPOSSESSED TANKERS FROM OMCs NOT REMITTING THEIR DUES – NKANDU YOUTH, Sport and Arts Minister Elvis Nkandu says government has repossessed some tankers from oil marketing companies that were not adhering to the payment agreement plan.In an interview, Nkandu said government had started the process of giving the tankers to credible oil marketing companies… Continue reading WE’VE REPOSSESSED TANKERS FROM OMCs NOT REMITTING THEIR DUES – NKANDU