STATE, COPPER MINESPRICES HIT IN HIGHEST TAX LEVEL DEBT SWAP ZCM INSURERS SEND FRAUD ALERT
March, 2021 Mobile service operators start 5G preps By
Hard currency is money that comes from a country with a strong government and economy and that is not likely to lose its value. government is also expected IMF Division Chief Re- to be concluded in 2021,” she search Department, Malhar said. Ms Nankonde indicated Shyam that ZICTA Nabar, forecasts expressed a positive COPPER prices on the 24 concern outlook that in the the general conditions uptake London Metal Exchange had and been use extremely of Information tight and for (LME) were up two percent,
Sub-Saharan Communications Africa Technology over the nearing February’s peak of past services several in 2021. months. US$9,617, the highest since
Mr She Nabar said the said number a turn- of active mobile network around in conditions and 2011. March, 2021 mobile service subscriptions was expected better access for Sub-Saha-
Benchmark copper on the operators are this year to increase by 5.2 percent expected to start preparations ran in African 2021 while issuers the volume to access of
LME was up two percent for 5G networks. external outgoing hard mobile currency voice call bond at US$9,398.50 By a BUUMBA tonne Sokwani in CHIMBULU Chilembo, said in an make off sets against taxes that inclusive insurance, also known as micro-
BUUMBA CHIMBULU Zambia Information markets minutes was would forecasted certainly to official trading after touching and Communications help grow with by 14.7 improving percent. the interview that the tax offsets they owe. insurance, was affordable and accessible. SOME THE Insurers were currently Association happening of Zambia (IAZ) at Ms Technology Banda Authority also said (ZICTA) several insurance By BUUMBA US$9,436, CHIMBULU its highest since providers mining compa- “One of the things which outlook. “In addition, uptake and has warned company of financial level. fraud if members has indicated had that effective mobile online platforms, use of internet and services is
February 25. of the public nies are undertaking is quite important is on cash “In terms of what the “It deal happens, with unlicensed it has been several service other providers insurers would were seeking also anticipated to make to continue OVER tax offsets with working capital and one way global outlook means for This is 200 according youths Gov- insurance to a market providers. better roll out use improved of Information service Communication improving. However, there are ernment, happening for a long time. So they [Government] could as- Sub-Saharan in the Africa, of have says been Zambia trained It is important that members of the public Technology delivery which (ICT) included solutions the risks wake mainly of with international update from Access it Bank is an on-going process, it is sist is through the outstanding course, voice traffic the partial which has recovery Chamber of Mines in the (ZCM). cassava pro- make a concerted effort to tackle financial Covid-19. introduction of 5G networks.
Zambia. the part of the whole process. So VAT. gramme debt swap which ar- fraud and root it out of society, says IAZ “ICTs The proportion are an essential of 4G/LTE part that of exhibited business we are a sustained in projecting decline next rangement, aims at some “Copper prices president, rose on Christabel Banda. promoting of the value taxes ad- it is on-going. They happen at “Not necessarily pay- the sites new is anticipated normal, and to continue the insurance year in clearly the sector immediate has past,” a beneficial Ms dition from the commodity. company level. ing cash, but at a is increasing adapting while to serve more the public impact Nankonde better,” for she said. the outlook in mining Monday firms owe as Govern- global Ms stock Banda said IAZ, a member organisation
The Agri-Prenure pro- “I will need to make con- very least allow deployment of metro fibre terms Meanwhile, of stronger Ms Nankonde external
of all licensed insurance and reinsurance said. will markets be offset hit with record the highs gramme being undertaken by tacts, networks is also on expected, this years’ theme, said despite Ms the disruptive was we keen do not to promote comment on it mines to make Commenting outstanding International Value Added Institute Tax companies, of demand. and the dollar fell, with without making direct contact says ZICTA said Manager it addressed the biggest effects of the Covid-19 development, industry growth and the offsets against Banda refunds Tropical Agriculture owed to the (IITA) sec- “But one key element re- Corporate Communication, of the time: namely pandemic the health on economic many analysts and welfare traders with of all the Zambians. members. We need to some taxes challenges tor with futures at US$9,351 a The Kwacha continued to Ngabo Nankonde. greater Ms global risk activity, appetite. the total domestic uses advanced technology ally is that the external. fi-
expecting the metal “We also to rally wish to remind the public to only which speak them then give you that they owe challenges posed by the Covid-19 nancial pandemic conditions, According which includes to statistics improved from vari- Nankonde said that operators incoming traffic on mobile deal with some licensed information. insurance tonne providers, on the Comex and market in new 10-year highs,” Access were expected to continue of cassava. So let me ZRA if those move lower against the United and other health The concerns rand ZAR like traded non- at Zambia Revenue Author- have telephone been networks extremely increased. tight if in doubt find it out is important from New them,” to confirm York, Mr that Chil- nearing you could February’s be States dollar, as supply communicable 14.2625 diseases, versus cancer, the and dollar, HIV/
IITA Coordinator for the deploying infrastructure aimed for Sub-Saharan She explained that Africa this over ZRA), the Bank mining indicated. compa- youth programme, Consent are dealing embo with said. a registered organisation or AIDS. peak of US$9,617, clawed the highest out continued to be scarce. at increasing around coverage 0.4 and percent the increased past stronger several to 2.4 billion months,” he Sibesa, tax Zambia revenue in Industrial excess individual. “There are also the economic challenges said the programme Recently, ZCM since president, 2011. of the VAT re- The local unit was seen improving than quality its of services. previous said minutes close. during from a 2.1 recent billion press K19.68 Commercial we are She facing. said this The when theme she reminds minutes us that reported we in 2019 which billion while Bank the “We (ZICB) believe Goodwell insurance Mateyo, is crucial indicated for financial funds. This is had been running for briefing. Government four years has was outstanding empowering protection and recovery when Although misfortunes copper prices closing at K22.20/ K22.25 all have to take Meanwhile, responsibility the for dollar our personal was released the Information and recorded in 2020, representing also said that copper that prices the Chamber was in dis- an on-going The IMF, he said, had
of by available Treasury refunds youths countrywide due to the to min- en- strike,” she said in a statement have remained released by buoyant, the from the opening levels of health Communications and dragged make Technology the best down us an increase of 12.2 percent.
rose on Monday on increased cussion with Government for a discussion hance value addition. financial (ICT) sector services. Annual Market stepped “Similarly, in with the total very domestic wide- companies amounting IAZ to Executive Director, Kwacha Dr Nkaka Mwashika, has failed to move in possible debt swap. but we wish K22.19/K22.24. yields hovering near their demand and as to the celebrate United the 2021 Financial Literacy Mr Sibesa said in an inter- the cassava processing, fish farming, we are going to sup- “Some of the products are “I report wish for to the reiterate year 2020. the importance spread outgoing support of traffic on on mobile conces- billion. Mr Mateyo tandem said once with the this development it could be Elsewhere, South Africa's financial literacy lowest for in economic five sional weeks empowerment, financing after
“There are also some telephone networks and increased debt view that States the youth dollar were fell. able Week. farming enterprise, poultry port them in the Ms fish Banda farming fortified, they will have a bit of to offsets produce have products therefore from cas- production discussion and was business fruitful, de- enterprise Gov- and resolves then give them cassava while others are 100 at operators every level the that of have United society. indicated States Financial service to Federal 21.4 literary relief billion minutes to try and
This years’ Financial Literacy owing Week to inadequate is being supply rand strengthened on initiated It indicated a way of that solv- copper for sava such as biscuits, bread, celebrated velopment. ernment under the would theme: from not “Take exporters have mentorship,” Care to of while quicker,” he individuals the said. must Monday, therefore percent cassava. recognise aided They by its have the United is that about they the have Reserve knowledge plans of reiterated and conserve skills recorded needed its liquidity view in 2020 from for 16.0 these scones matter. delivery in May was up pay 1.98 cash from the treasury but and cakes among oth- Your Health, “We do Take capacity Care of building Your Money.” Mr Sibesa Mr said importance. Mat- some of the the understanding just lack- to commencing make good preparations financial decisions, for economies. billion and minutes it is reported
demand side has continued States dollar being pinned that any spike in inflation was
5G networks. The all construction citizens are empowered in 2019, representing an Executive in afternoon and allow then said entities we insurance come owed to the provided sec- refunds products a to were eyo said. She Chief percent 100 stressed percent that ing matters some machinery of financial for risk them Officer, Ms Banda trade, important to be high. of the this 1009 knowledge,” likely towers to by be the she temporary. said. increase of 33.9 percent. Part of the things we are ond level of business sup- produced from cassava while to commercialise their enter-
financial safety net and businesses and should not be left near to time a and one-month chance, saying low and with doing is training youths in port. If we train them in fish others were fortified. prise,” he said.
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YOUTHS GET TIPS ON CASSAVA VALUE ADDITION