Friday, 31 August 2012
Thursday, 30 August 2012
Government recently signalled its intention to reform the Police Public Complaints Authority (PPCA) picking up some of the crucial issues many stakeholders have flagged up in the past. Ngosa Simbyakula (Home Affairs D. Minister) agrees that the PPCA as currently administered complaints concerning the Zambia Police Service using a weak legal and institutional framework. Its mandate needs to be strengthened.
Wednesday, 29 August 2012
Tuesday, 28 August 2012
Monday, 27 August 2012
Saturday, 25 August 2012
Monday, 20 August 2012
Friday, 17 August 2012
The National Airports Corporation (NACL) last week announced the introduction of an infrastructure development levy to be paid by all departing passengers at airports. All domestic passengers will pay around US$6. All international passengers will pay around $11. these charges are in addition to existing taxes and charges. The levy comes into effect on September 1, 2012.
Thursday, 16 August 2012
There is lack of a comprehensive policy and legal framework to guide proper functioning of agriculture marketing.....The cost of doing business in Zambia is very high. This is partly due to poor infrastructure,high interest rates and high transport costs. The infrastructure around the country is extremely poor. It is of the view that the developmentof infrastructure, particularly roads, is extremely important in increasing access to markets and reducing the cost of marketing
The FRA maize floor price announced by the Government does not take into account the costof production by small-scale farmers. This makes the price of a 50 Kg bag in Zambia morelucrative than what is obtaining in the region and, therefore, encouraging commercial farmers,both from Zambia and other countries, to sell maize to FRA. Effectively, the Government issubsidising the price of maize for the sellers in the region.
A comprehensive legal framework, to be called Agricultural Marketing Act, should besubmitted for enactment by Parliament as a matter of urgency. The Act should provide for the establishment of the Agricultural Marketing Council as a statutory body to advise Government on market related issues, to monitor and analyse the performance of the agricultural market, and to investigate and advise on all statutory interventions in the market
In order to prevent confusion, a separate buying organisation away from the FRA should be put in place. This will require the FRA Act to be repealed so as to allow it to purchase maize at competitive bidding from the market for strategic reasons....Functions of the FRA should be streamlined by maintaining its original responsibility of keeping strategic reserves...
Wednesday, 15 August 2012
Evans Chibiliti [Cabinet Secretary] says the personalities entitled to state funerals are the President, Vice-President, Chief Justice, Speaker of the National Assembly and Cabinet ministers.... all former holders of these offices will be accorded the status of a state funeral and the period of mourning for a serving President is seven days while that of a former President is five days....five days of national mourning will be accorded to a serving Vice-President and three days to a former Vice- President.....Speaker of the National Assembly and Cabinet ministers will all be accorded three days of national mourning while former holders of these offices will be accorded one day.
Tuesday, 14 August 2012
Monday, 13 August 2012
“PAYE is tax paid by workers and when this is removed from their tax bracket, the mines contribute very little to the treasury"
Saturday, 11 August 2012
Friday, 10 August 2012
"We hope the government can do something to help us. We are really suffering. The sulphur dioxide is eating away our roofs and we have chest pains and constant cough. My husband is always sick. Every two days he is sick"
Thursday, 9 August 2012
Wednesday, 8 August 2012
"....petroleum products in Zambia, which are the highest in the region, could be cheaper....fuel products are being kept superficially high due to impediments in the petroleum sector which include issues of policy, planning, recapitalisation, procurement and taxation...".
"There is need for a transparent tendering system for the procurement of crude oil and finished products with preference being given to oil marketing companies already invested in Zambia. In this regard......recommend that an independent, professional statutory body be established and charged with procurement of petroleum products. This will enhance efficiency, transparency and accountability in the procurement of petroleum feedstock..."
Tuesday, 7 August 2012
Zambian Breweries Plc, a unit of global brewer SABMiller recently announced plans to begin production at its new US$90 million brewery by mid-November. The new brewery will be in Ndola with annual production capacity of 100 million litres, or 267 million bottles, a year. The company concluded a rights issue in December through which it raised $US$70 million of the total financing.
Greenbelt are planning to construct a multi-million dollar fertilizer manufacturing plant in Mazabuka starting early next year. The plant will be able to produce over 60,000 tonnes of fertilizer annually to meet the rising demand for the commodity from Nakambala and Kaleya Sugar plantations. At present Greenbelt is producing 34 thousand tonnes for fertilizer at its Mazabuka plant which is under lease. The plan is to expand operations.
Monday, 6 August 2012
Opening the first Agricultural Show of his Administration, President Sata spoke Saturday of the need to create new economic ties between Zambia and Zimbabwe - alongside controversial leader President Robert Mugabe. The new investment deal between the two countries is to focus on agriculture, tourism and power generation.
The greatest historical trade ties between the two countries have always been within the agriculture sector. For Zambia, exports such as maize and sugar have been rising in tandem with Zimbabwe's imports of soya-beans and fruit. Tourism also represents an important growth sector for both nations, which will jointly host the United Nations World Tourism Organisation (UNWTO) summit in August of 2013. Finally, President Sata emphasised the importance of the Batoka Gorge power project to combat regional power deficits.
Regional cooperation is key for the success of any nation, particularly in Africa. For land-locked Zambia, relations with neighbours have always been paramount. Therefore, although the reign of Mugabe has instigated international sanctions, it does not seem in Zambia's best economic interest to not foster better ties.
Friday, 3 August 2012
GRZ recently announced the reintroduction of a mandatory Zambia National Service (ZNS) skills training for school-leavers. The reintroduction of the ZNS mandatory training for youths will start with Grade 12 school-leavers for the end of year 2013. Trainees would be expected to spend 18 months at the ZNS camps before enrolling for further education at college or university levels. K100 billion was allocated in this year’s budget for the refurbishment of the ZNS infrastructure that would host the youth and that additional funds would be sourced in next year’s budget. According to Youth Minister Kambwili the “training would equip youths with survival skills and that it would be different from the training undertaken during the UNIP government, where it involved military training”.
This has previously been discussed here building on the useful contributions by readers.
Thursday, 2 August 2012
There is little doubt that many countries in Africa, including Zambia, are increasingly catching the eye of international investors. However, all this optimism risks downplaying several critical issues.
In a recent article in The Ghananian Chronicle, KPMG called Africa "Risk-Free for Investors." While the article caveats that the recent panel of KPMG, the sixth of its Africa Conversation series, was convened to identify and explain the complexities of investing in Africa, it made several blanket statements.
For example, the Zambian Economist has long advocated scrutiny when discussing China's investments into Africa. On China, the panel argued:
It seems to soon too say that there is no longer a risk in Africa, for investors or the nations they invest in. For Zambia, it is crucial that the country remains competitive to outside investors, while ensuring that such investments are sustainable and responsible.
Wednesday, 1 August 2012
It was announced last week that a Chinese company plans to invest $100 million in a new mining project that will produce 600 tonnes of copper cathodes a year. According to ZEMA. China Copper Mines Ltd has applied to build a copper leach plant.. It would seek to exploit five mineral waste dumps created by mining operations at the high-grade Fitula open pit more than 400 km north-west of Lusaka.
GRZ is pressing ahead with plans to compel foreign companies to bank their earnings locally and also control externalisation of export earnings. Finance D Minister Miles Sampa said last week that a new statutory instrument (SI 34) would be issue to “compel exporters especially those in the mining sector to acquire letters of credit from the Government before exporting their products and also ensure that their earnings are banked locally”.
ASTREA Investment Limited plans to set up a US$8m limestone production plant in Masaiti to supplement the current demand of the commodity from mining and agricultural sectors. The company is expected to commence construction immediately the Zambia Environmental Management Agency (ZEMA) approval is granted.