News Zambia Imports: Zambia will enforce copper import tax - mining minister
Zambia is determined to enforce a new 5 percent copper import duty, as part of a plan to keep a greater share of mineral resource profits for the country and tackle its debt, Mining Minister Richard Musukwa said. Musukwa was speaking on the sidelines of the Indaba mining conference in Cape Town, where government ministers and mining executives are debating how to attract investment and how to strike the right balance between resource-holding governments and foreign companies. Vedanta has said it would suspend operations in Zambia, although the minister said it had yet to do so, while Barrick has said it is exploring options for its Zambian copper mine.
News Zambia Imports: China’s plan to internationalise yuan quietly takes a step forward as Zambia gets on board
Decision to repay loans and import costs directly to China in Chinese currency is practical rather than political, experts say.
News Zambia Imports: Chinese envoy arrives in Zambia as another debt crisis looms for Lusaka
Ambassador Du Xiaohui has no direct role in negotiations with the African country’s Chinese lenders but some hope he can build a bridge.
News Zambia Imports: Debt Trap? Zambia Thanks China for Debt Restructuring Assistance
China holds nearly $6 billion in Zambian debt, while the IMF and other international agencies collectively hold slightly more than $2 billion.
News Zambia Imports: No need of onion, potato imports, says Zambia National Farmers’ Union
Lusaka - Zambia: Stakeholders in the Onion and Potatoes value chain have resolved that the country does not need to import onions and potatoes as it has
News Zambia Imports: Zambia Thanks China for Debt Restructuring Assistance
China holds nearly $6 billion in Zambian debt, while the IMF and other international agencies collectively hold slightly more than $2 billion.
News Zambia Imports: Zambia Inflation Slows For Ninth Consecutive Month Easing Pressure on Rates
(Bloomberg) -- Zambian inflation slowed to a two-and-a-half year-low in April, easing pressure on the central bankâs monetary policy committee to raise interest rates when it meets next month. Consumer prices rose 11.5% from a year earlier, compared with 13.
News Zambia Imports: Kenya, Zambia, Uganda currencies seen softer
Kenya's shilling is expected to ease against the dollar in the coming week as demand for imports climbs following a quiet holiday period. Commercial banks quoted the shilling at 113.15/35 per ...
News Zambia Imports: Fuel Shortage and Fuel Pump Price Increment
Oil Marketing Companies (OMCs) have disclosed that their fuel imports orders have been placed on hold until the government clarifies the status of tax waivers that were implemented in 2020/2021. In a ...
News Zambia Imports: ‘Don’t cause Zambian wildlife loss’
The president of the Zambia National Community Resources Board Association (ZNCRBA) George Tembo has said the British government’s recent announcement to ban international trophy hunting imports from ...
