By Nawa Mutumweno – Government sees the forthcoming hosting of the 20th United Nations World Tourism Organisation (UNWTO) general assembly as a grand opportunity to further promote tourism investments and boost tourist arrivals into the country. Tourism and Arts minister Sylvia Masebo disclosed recently that the country’s tourist capital, Livingstone, will be the biggest beneficiary of the event with the Government having released sufficient funds to improve its infrastructure. Government is carrying a deliberate facelift of Livingstone through the improvement of roads, water and sanitation, markets, bus stations and stadiums, among others. There are also plans to construct a convention... Continue Reading
Publish Date: Tuesday, March 19th 2013 |
By Nawa Mutumweno – Three national railways firms from Zambia, Tanzania and the DRC have signed a tripartite agreement to harmonise operations for smooth transportation of goods and passengers among the three countries. Tanzania Zambia Railway Authority (TAZARA), Zambia Railways Limited (ZRL) and Societe Nationale Des Chemins De Fer Du Congo Sarl (SNCC) signed the agreement in Lubumbashi last week, according to a media statement issued by TAZARA head of public relations Conrad Simuchile. TAZARA acting managing director Damas Ndumbaro, ZRL CEO Clive Chirwa and SNCC acting director general Vincent Tsiongo Ngalula met on Thursday, March 7. 2013 last week... Continue Reading
Publish Date: Sunday, March 17th 2013 |
By Nawa Mutumweno – Government has drafted a new law that will curb foreign currency revenue losses in the wake of tax avoidance and tax evasion reports in local and international media. This is according to a radical bill seeking to amend the Bank of Zambia (BoZ) Act in 2013. Once enacted, it will help the Government capture billions of dollars annually in taxes and fees that have in the recent past been lost. In 2012, a report revealed that Zambia was losing up to $1.5 billion per year from unscrupulous business houses in tax avoidance and evasion. The introduction... Continue Reading
Publish Date: Thursday, March 7th 2013 |
By Nawa Mutumweno – The Zambian government has halted the $500 million ultra-modern housing scheme currently being carried out by First Quantum Minerals (FQM) in the mining town of Solwezi. Minister of Lands and Environment Wilbur Simuusa announced recently during a meeting called to chart the way forward for the Kalumbila Mining Project that the decision was arrived at due to ‘’a lot of illegality’’ going on at the project area which he, however, did not elaborate. He directed that the project should be reviewed very clearly to satisfy Government’s concerns before it could be continued. ‘’We are not saying... Continue Reading
Publish Date: Sunday, February 24th 2013 |
By Nawa Mutumweno – Zambia Sugar produces 1.9 million tons of cane from its own operations and 1.6 million tons of cane from independent outgrowers, totalling 3.5 million tons of cane; 400 000 tons of sugar; 120 000 tons of molasses; and 40 MW of power generated from a renewable energy source (bagasse). A statement obtained from the company says it sells 150 000 tons of sugar per annum into the domestic market and 250 000 tons of sugar per annum into the regional and European markets, generating the much-needed foreign exchange for the country. ‘’Zambia Sugar endeavours to contribute... Continue Reading
Publish Date: Wednesday, February 20th 2013 |
