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ZRA ASSURES TAXPAYERS OF NO ENFORCEMENT ACTION OVER UNRECONCILED HISTORICAL DATA

The Zambia Revenue Authority (ZRA) Commissioner General Dingani Banda has assured taxpayers across the country that ZRA will not undertake enforcement action arising from unreconciled historical data during the reconciliation period currently going on. The enforcement measures which will not be implemented include the charging of penalties, suspension of Tax Clearance Certificates (TCCs) and debt recovery in respect of the affected legacy data. Mr. Banda made the assurance during an engagement meeting with representatives of major business associations in the […]

todayOctober 13, 2026 10

News

ZAMBIA TO PRESENT FOUR AGRICULTURAL INVESTMENT PLANS AT FAO FORUM

ZAMBIA is set to present four agricultural investment plans at the 2026 food and agriculture organization, fao, hand-in-hand initiative investment forum in Rome, Italy. Minister of Green Economy and Environment Dr Gilbert Siame has arrived in Rome with a delegation to attend the forum, which runs from October 13th to 16th at FAO headquarters. The country will present investment opportunities in soybeans, honey, beef and common beans, with the aim of increasing smallholder farmers’ incomes, creating jobs for young people […]

todayOctober 13, 2026 17

News

ZCCM-IH Returns K2.4 Billion to Shareholders in 11 Years

ZCCM Investments Holdings Plc (ZCCM-IH) has returned approximately K2.4 billion to shareholders through dividend payments over the past 11 years, demonstrating its continued contribution to Government revenue and national economic development. The company has declared a total dividend of approximately K183 million for the 2025 financial year, with the Industrial Development Corporation (IDC), its majority shareholder, expected to receive K109.5 million. The Ministry of Finance and National Planning will receive K31.18 million, while the National Pension Scheme Authority (NAPSA) will […]

todayOctober 12, 2026 5

News

EAZ Welcomes $1.5 Billion IMF Facility, Calls for Concessional Financing

The Economics Association of Zambia (EAZ) has welcomed the proposed 1.5 billion US dollar financing facility under the International Monetary Fund (IMF) Extended Credit Facility (ECF), describing it as an important step towards stabilizing the macroeconomic environment and supporting the country’s economic growth agenda. EAZ National Secretary John Musantu,  said a stable macroeconomic environment, characterized by controlled inflation, affordable interest rates, a stable exchange rate, adequate foreign reserves and improved domestic revenue mobilization, is essential for the successful implementation of […]

todayOctober 12, 2026 4

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President Hakainde Hichilema Has Welcomed a moody’s ratings

President Hakainde Hichilema Has Welcomed a moody’s ratings projection that Zambia and Ethiopia will Record the Largest Reductions In Government Debt In Sub-Saharan Africa. President Hichilema says the projection reflects the difficult decisions made by government and the patience and sacrifice of the Zambian people. He says reducing public debt is central to the Grow Zambia Agenda, as it will allow more resources to be directed towards job creation, investment and improved incomes. The President says Zambia has also reached […]

todayOctober 12, 2026 7

News

MWANAJITI URGES MEDIA TO PROTECT FREEDOM OF EXPRESSION

Human Rights Champion and Democracy advocate Ngande Mwanajiti has urged the media to remain vigilant in protecting freedom of expression and ensuring the public receives accurate information. Mr Mwanajiti says the media has a responsibility to distinguish facts from misinformation by prioritising truth, information and education in its reporting. He says the media should also play a key role in educating citizens on President Hakainde Hichilema’s Agenda for Growth and providing information on alternative policy proposals. Mr Mwanajiti says the […]

todayOctober 9, 2026 6

News

ZRA WARNS TAXPAYERS OF CHANGES TO TAXONLINE ACCOUNT STATEMENTS

The Zambia Revenue Authority, ZRA, has warned taxpayers that their TaxOnline account statements may look different following the migration of historical tax records into the system. The migration was completed on October sixth, moving historical transactions from decommissioned legacy systems into TaxOnline. ZRA Corporate Communications Manager, Oliver Nzala says the exercise was aimed at bringing historical and current tax transactions together in one system. Mr. Nzala says the records include tax returns, payments, offsets, assessments, penalties, fines, interest and refunds.

todayOctober 8, 2026 8

News

ZAMBIA, U.S. SIGN 1.5 BILLION DOLLAR HEALTH FUNDING AGREEMENT

The Zambian Government has signed a one-point-five billion U.S. dollar health funding agreement with the United States, aimed at strengthening cooperation in the health sector. The agreement, covering the period 2026 to 2030, was signed at the Ministry of Finance and National Planning Headquarters. The signing ceremony brought together Foreign Affairs and international corporation minister Mulambo Haimbe, Finance and national planning minister Stumbeko Musokotwane as well as  Health minister Roma Chilengi, along with the United States Embassy Chargé d’Affaires Mich […]

todayOctober 8, 2026 4

News

AIPAC Demands Transparency On Proposed USA Zambia Health MOU

The Acton Institute for Policy Analysis Centre (AIPAC) expresses its deep concern regarding the Ministry of Health’s renewed intentions to sign a billion-dollar Memorandum of Understanding (MoU) with the United States government. This announcement comes only months after the Zambian government itself rejected the same MoU, citing irregular and troubling conditions that were attached to it. Among the conditions previously highlighted were exclusive mining rights and access to patient databases. These provisions raised fundamental questions about Zambia’s sovereignty, the protection […]

todayOctober 7, 2026 6

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