By Nawa Mutumweno – Zambia Revenue Authority (ZRA) has launched a 24-hour customs electronic system to facilitate easier payment of import taxes and duties without travelling to the port of entry. According to ZRA commissioner of customs services, Muyangwa Muyangwa, the development would facilitate smooth movement of goods and services. “We expect good response from customers as they will no longer travel to the border whenever good arrive. Instead, immediately payment is made, the border will be notified and goods will be cleared to pass through at all border points,” he elaborated. ZRA is working with three banks – Zanaco,... Continue Reading
By Nawa Mutumweno- Chambishi Copper Smelter on the Zambian Copperbelt has embarked on a $250 million expansion programme to double its annual output starting next year. According to CCS deputy chief executive officer Fan Wei, the increase in annual production capacity from 150 000 to about 300 000 tonnes of blisters and 340 000 tonnes of sulphuric acid was expected to satisfy rising demand. The company had engaged some state of the art ‘ISA technology’ from Australia to satisfy its clientele which includes Lumwana Copper Mines, Luanshya Mine, NFCA and Chibuluma. The expansion programme was already on course with the... Continue Reading
The Obuasi Municipal Assembly is seeking divine intervention to improve dwindling gold production at the Anglo Gold Ashanti Obuasi mine. Officials say gold production at the mine has gone down by close to ten percent within the past year, recording the lowest figure in the mine’s 113th year of operations in the area. The local union of churches is collaborating with the Assembly and AngloGold Ashanti to hold inter-denominational activities to seek divine favour to reverse the dwindling fortunes at the Obuasi mine. Residents defied heavy downpour to attend a special interdenominational service attended by top management members of Anglo... Continue Reading
1. What does this nomination at the Zim Achievers Awards mean to you and your band / business? It’s great to get nominated, I am very proud to be Zimbabwean, and to have worked with Mukuru for almost 5 years to build something that can work for Zimbos abroad has been very rewarding. It’s also awesome to get a nomination for Mann Friday – it has been a dear passion and remains so, I hope we keep making music long into the future. 2. Are you familiar with some of the other nominees in your category and the other categories?... Continue Reading
Cambridge, Mass., March 2, 2011 – As the developed world begins its recovery from the global economic meltdown, the financial architecture in parts of the developing world is being rapidly transformed by a mobile payment system that enables people to deposit, send, and withdraw money with a push of a few buttons. Established in 2007, the SMS-based service, known as M-PESA, (Swahili for Mobile Money) has enabled Kenyans to both save money and better withstand serious blows to their personal finances, according to new research by Tavneet Suri, a professor at MIT’s Sloan School of Management. Suri and her colleague... Continue Reading
