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168 ViewsPresident Michael Sata is not happy with the pace at which road works on the newly launched Link Zambia 8000 project are progressing. President Sata who toured the project in Lusaka this morning to check on the progress that has been made so far since he launched the project last month, was disappointed at […]

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We will not pass the budget says Nevers Mumba

144 ViewsThe former ruling party – MMD has vowed not to pass the 2013 National Budget presented by the Patriotic Front – PF government. MMD president Nevers Mumba announced on Tuesday that his party which has over 50 Members of Parliament will not pass the budget unless the PF addresses the governance issues. Dr. Mumba […]

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123 ViewsMembers of Parliament from the opposition MMD and UPND on Wednesday walked out of parliament in protest of debating the 2013 Budget. The MPs who form the majority representation in the House argued that they cannot debate the budget when Finance Minister Alexander Chikwanda who presented the budget is not in the House. Chikwanda […]

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2013 Budget in full presented by Finance Minister

371 Views2013 BUDGET ADDRESS BY HON. ALEXANDER B. CHIKWANDA, MP MINISTER OF FINANCE, DELIVERED TO THE NATIONAL ASSEMBLY ON FRIDAY 12TH OCTOBER, 2012 1. Mr. Speaker, I beg to move that the House do now resolve into Committee of Supply on the Estimates of Revenue and Expenditure for the year 1st January 2013 to 31st […]

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Zambia’s 2013 National Budget presented

229 ViewsFinance Minister Alexander Chikwanda this afternoon presented a K32.2 trillion budget to parliament for 2013. This translates into 26.6 percent of the Gross Domestic Product (GDP). Mr Chikwanda said a total of K24.7 trillion or 76.8 percent of this expenditure will be financed by raising domestic revenues while K1.5 trillion or 4.6 percent would […]

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171 ViewsPRESIDENT Michael Sata is concerned with the low number of Japanese tourists coming to Zambia. And President Sata has invited Japanese investors to consider investing in Kawambwa Tea Company in Luapula Province. ZANIS reports that speaking in Tokyo, Japan today when he met that country’s Prime Minister Yoshihiko Noda, President Sata said the number […]

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119 ViewsRAIN seed provider, Seed Co has said the growth and sophistication of fake seed grain is posing a serious food security risk to the country which has recently made significant gains in the agriculture sector. Speaking in an interview in Lusaka, Seed Co public relations and communications manager Marjorie Mutemererwa said the growth in […]

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Indeni shuts down

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118 ViewsGovernment has announced that Indeni petroleum refinery in Ndola on the Copper-belt Province will be shut for 21-days effective from tonight. Ministry of Mines, Energy and Water Development Permanent Secretary (PS), George Zulu, says the shut-down effective mid-night October 7th to 28th  October is to facilitate routine maintenance repairs. Mr Zulu assured that nation […]

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121 ViewsAngry Mpulungu farmers today besieged the office of the District Commissioner demanding that government pays them for the maize they supplied the Food Reserve Agency (FRA) last August. The farmers who on Monday threatened to lock up the offices of the DC’s and District Agriculture Coordinator (DACOs)  if they were not paid by today, […]

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116 ViewsThe National Budget for next year is expected to be presented to Parliament next Friday, the 12thof October, 2012. This is according to a statement released to Zambia News and Information Services (ZANIS) in Lusaka this afternoon by Ministry of Finance Public Relations Officer, Chilshe Kandeta. The statement states that Finance Minister, Alexander Chikwanda […]

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