Zambian Breweries, traders confer

rating, and a with cashew stable processing outlook. provinces, The rating agency respectively. a key Mr The role Yaluma factories in supporting said will the move context was an to advanced small-scale of Covid-19. stage farmers also aimed at ensuring optimistic the businesses Commenting company that as the on the the ZSA Statistician- Adesina, diversification could meet Akinwumi country’s the demand from

empowerment said once implemented, tool retailers and distributors when

to maintain “That The products has quality been will standards, discussed business returned of enable all shareholders. to normal the country advanced. concentrates, The tin concept packed in future. policy would like to be get formulation done the honey delivering He said the pickles company and dried knowledge better improving we export and the policy welfare the remained committed Manager, Mr to Brian Nalishuwa, that Musepa during is what said and we supporting countries and partnerships yesterday. “The factories that “We the are as strategy delighted it is now,” would that continued position agricultural products to increase

improve Mr Yaluma to statistical affirm said the ZAMBIAN Breweries will buy opportunities decision mangoes, guavas, to grow the

Group president and Chief Executive Officer, by deadline of October. They will continue to empty lager crates from bars economy reflects and Zambia low keep compared the it running Bank’s to very cashew added nuts and value Mark Bristow, said a 13 percent production was test and also to refine the processes and rules and night clubs struggling even in the risk turn new management, He normal. would said create according as more recorded in the second quarter of 2020, higher Sampa said. Mr Sampa explained that intention purposes of value with the negative effects of “The company’s he ranking said in a for statement. 2019, around the operations of the mobile payment “What this factories means than said what by was its legal recorded mandate, in the ZRA first quarter. was of the proposal was Covid-19 to make on sure their that businesses. carrying contribution to job The creation, fruit channels,” Mr Mwanza said in an interview. to percent The our rating natural compared agency’s resources empowered Mr Bristow to collect attributed revenue the positive from all out a merger was not burdensome. industry in the three

The decision was as agro-processing and

Mr Mwanza however indicated that all with would 86.6 percent play and a then key approved performance sources to improved on behalf head of the grade, Government. “I think Zambia’s merger a result of fees a meeting are currently the AfDB employment contribute to crop manufacturing through the

Commercial Banks had already migrated percent. and having in the it context semi combined Sikalinda with said solid the throughput notion that performance ZRA the highest in the world, company with held a cap with of the maximum Bars production particularly that of in Mosi, agribusiness Castle, and under phase which required that required Mr institution Musepa, we will be therefore, approved and Night US$250, Clubs Owners we are Carling Black regional “The Label, “Then Castle and national employees the plant. were exempted from paying tax was K5 million which is about switching Automatic Teller Machines (ATMS) course package now, was for 2020, having bot Association of Zambia at Lite and affordable relief articulating NAPSA Director Eagle ZDA The as Switch, is the not law which did in went not any discriminate live parton the 23rd in terms of He was speaking when delivering the group basically saying why not reduce the cost and Point of Sale (POS) transactions to the NFS which it offered to buy the lagers is critical be mostly “The to supporting National by AfDB Strategy agro September said financed the going factories into should pay 2018 tax on in a the trial country. basis, is the first ever nership results for with the second an organisaquarter of this year. of doing business by reducing the merger from the VISA. Mr Mwanza explained that the empty crates at K39 per crate. local enterprises concessional that Statistics as through it is,” lending he (NSDS) said. nationwide officers, merger he shared said, fees were platform, are the most highest which will in the other auxiliary local tion ZRA Zambia’s Copper called ‘BACC’ portfolio in continues offering to outperform. notification fees. process for the first phase was up and running Bars and night clubs were sourcing of farmers barley, managing “The stable to ensure the outlook modern- their cassava, compliant business facilitate world, says for taxpayers. exchange CCPC Executive of information Director, on Chilufya digital the people of the Best quarterly grants production to entreprefrom Lumwana in “So there is a proposal that has gone to the closed over three months sorghum maize,” Mr

smoothly. needs Zambia the next good had two statistics to years, penetrate payments Sampa. was speaking throughout in the an interview Country. with the Daily neurs, several warns years acting with per Manager pound copper costs Ministry of Commerce, on evidence,” Mr ago Trade as one of and the Industry. measures It Sekele said. over if as a whole. The “There was a time when the five banks who its borders. capital Mr Kachinda while Mr Yaluma maintaining said Nation Mr in Sampa first Lusaka. group said of CCPC participants submitted are already a has not taken effect to yet, reduce so that the spread is where of the we Zambian Breweries has Communications trending to low end and of guidance,” Public had Mr Bristow had deployed in-deposit taking machines, He said assets to the having people and running proposal does mobile not to the matter switching Ministry whether of transactions Commerce, one is an on Trade the are,” he said. virus, which has led to the been engaging liquidity service thousands patrons and of direct Relations, said. Kabwe Phiri. that calibration was finalised and the public was superior in the a statement. country’s quality. employee environment, Industry of the to Zambia reduce says Bankers merger Revenue Association fees Authority to about or of a Meanwhile, Mr Sampa loss of said income CCPC in the was sector. stakeholders, said of numerous encouraging out grower At the group level, Mr Bristow stressed, Member Zambia 50, (BAZ) of 000. Parliament Chief Executive who are the Officer, law makers,” Leonard currently allowing companies Phiri regretted that some can now deposit using the ATMs. Those are required, the would to Bank’s have make Zambian Breweries which had is them to be assessed opportunity a big He expressed optimism part of positive performance despite Covid-19 aware of impact the virus the solution capital of by adhering to unscrupulous Mwanza. Sikalinda He was speaking said. during the Stanbic violated the competition Act to pay in provide quality products people were tryfunctioning very well. plan COMESA for adequacy, and development Africa funding pandemic which had affected business “What is remaining under the NFS project has had on its retailers and the Government shareholder Meanwhile, Mr directive Musepa support Mr said Yaluma Mwanza Zambia’s swindle said that Anakazi the the rest collection Banking of the commercial Online was in organisation called ‘BACC’,” “The Agency condemns instalments as the commission was aware of would development be able to compete ing Bank operations. to explained entrepreneurs banks is the mobile channel payment which distributors and it shares their to close bars, and local night management. farmers clubs had started different purporting Conversations were forms to already such be Episode ZDA. as conducting taxes, Nine. levies on a she and live said in a statement yesterin strongest terms such the cash flow challenges which had come and international markets. He said free cash flow increased by nearly fees is the e-wallet mobile where we pain, says Corporate Affairs and restaurants Statistical during expects the Strategy that environment Mr will Sikalinda see about due to Covid-19. to S&P chain stores to ensure ZDA The proposal has transactions noted is to with pay while much disothers less day. were than, in “The local farmers, approved percent by Parliament. to US$522 million given diversified heartless acts of intent to Director Ezekiel Sekele said Covid-19 outbreak. country collect and pilot FinTech, percent mobile increase money on dividend operators per and share. banks equipment and supplies. by come phases. with bands. We are trying to pleasure Sikalinda industry-leading an said advert the Tier taxes, going One levies asset and portfolio. Ms fees Phiri warned interchanging Meanwhile, transactions Mr Bristow said from over their US$20 various “Focus during the Covid-19 outbreak to Mr inform Yaluma policies. said the memswindle unsuspecting entreMr Sampa explained in a statement. that some companies remain during schemes, supportive this period will be the The company encouraged around increasing The rest are the doing threshold their to testing, US$50 they are million in were exempted taking from up to paying three months customs to duty pay on for “We decided to come to the their payments. stock to the factories. licensed outlets to continue collected Captured social from benefit media any of individual higher purabout gold or bers prices company of public platforms,” transfer to million be wary contribution tax. he of said. preneurs had been and made the by general the pubon health and safety of our workforce He rating said which his agency includes organisation pilot the phase small but mergers hopefully that before are taking end place of fine imports while are others organisations went beyond. listed as Public aid of our business partners to provide takeaway formed The “NAPSA services will leverage porting through that country, that agile entitled management the Agency to pay them and is operational regardless such offers of and seek company When Others confirmafully were in implemented, support motor lic of vehicle money its host fee, and NFS countries carbon therefore will bring and urges and communities: proactive response, other billion Association capital institutions of increase, Manufacturers among October not notify. all the banks will be ready to integrate

“A lot Organisations of businesses and lost like help cash churches them in flow, whatever or what Nonwe rather than risk out-grower their safety schemes disbursing execution. status of funds the Debt individual net in of form cash or of company. at a US$1.4 tion billion, with the ZDA about emissions communities or a other wide surtax, range lein Covid-19 insurance the of benefits general infection premium which public prevention. will levy, to take skills heed preparedness, Benefit prevention and communication Zambia, the industry 2019, Zambia and which Revenue way we can because they too and those October of in the Extension of Coverage e-wallet their customers

Currently it switching is about US$250,000 of transactions for a very did Governmental is that if a business Organisations has violated that have and been the itemised almost 25 percent collections from as end income first quarter tax, development for He a very explained among big levy, merger. others, that rural financial We reduced electrification do not donations fees want and levy people and Local between down in banks, partnership FinTech with and the mobile gitimate money Government include instituof this warning as the Agency “In Latin America, Development the issue of ensuring Fund, have focus bills is to on pay infrastructural and families by having them of Finance, consume the

merger. Added competition issued with act an exemption in one way certificate or the other, by we the to on-board the farmers no significant Tax We do (VAT), public not want excise debt it to duty, maturities be like customs that, until charges tourism to were pay conditional too levy. to customers much or on even government because failing to partnership carry removal out the

Ministry operators. of “There Commerce, Trade tions of before they could apply will not be held responsible for allowed and equipment them to needs pay in while instalments,” in Africa, he emphasis said. in priority to look after,” Mr Sekele said. products on the Social premises. Security, and merger notification just because of the fee,” Mr onto December the by scheme chain 2019. stores. so want it to be maybe is progress like US$50, in terms 000 or so export Mr Bristow duty, mineral said. royalty and property Mr healthcare Sekele said. explained facilities that and Fisheries. ensuring 2033,” that systems are ready for integration Industry, USAID and an or make any payments. of and international “The clear only deliverables organisations switching overseen fees. which are by Barrick any loss of money,” she said. on Ministry improving of Finance,” existing he The group, he said, also recorded a 14 protected,” he said. management which included sourcing capacity,” Mr Bristow said.

B T NCOVID-19 related factors, including travel restrictions have led to a decline of 17 percent revenue for Zambia Bata Shoe Company Plc.

WC ritical for sustainable growth is the development of industrial sectors which have been viewed as a sure way to allow full participation of African countries in global trade.

Tobacco products are faced with a challenge illicit trade. Africa Illicit is projected trade undermines to be at center efforts of that are production being of leather Hand and sanitiser its bye products should be made by many world bodies portable to the abundance solution of for hand country to ensure

hygiene. livestock tobacco on control the continent. with tobacco The

But soon upon the unfolding continent has of about the coronavirus 15% of traded within set laws pandemic regulations. worlds cattle in the production, region, the disruptions a percentage that increase followed

And so, to many, the anger reabout a quarter over the sulted against in tobacco the cost is of fashioned this proddecade, overtaking the uct towards shooting the legal up so entities high that as to global trend. Similarly, the render following it unaffordable the right channels to most continent possesses about commuters ensure they on meet public the set transof the world’s sheep and port. standards. This called Yet, the for contempt urgent and population. Nonetheless, should be directed to the illegal immediate Africa accounts measures for only to 8% contraders who do not follow the set tribute worlds to stabilising production the of supply tobacco control guidelines. therefore hides and the about price 14% of hand of The Tobacco subsector sanitiser. and sheepskins, This is where despite the colremains an important industry laboration significance of some in livestock members the country. According to production, the Zambia a trend Association that needs of World Health Organization reversed. Manufacturers WHO) agricultural came land in. devoted Zambia’s leather production What the harvesting contributed of tobacco to the supin dwarfed by countries such as ply Zambia hand increased sanitiser over not 350% meetin Ethiopia and Kenya who have decades was from the 1993 fact to 2013. that competitive demand leather sectors in This three growth sources in land of size ethanol, entails Africa. the The leather sector in the the sector has increased its country of the has major been ingredients struggling to in contribution to GDP, currently regain sanitiser, competitive two advantage were not employs …, pays K… in taxes available privatization either due in 1991. to inputs tobacco processing fact, out the of sector season recorded or imports 3.5% the biggest in 2019. subsectors From disrupted growth by COVID-19 Zambian to 1996, manufacturing. the Zambian containment this account measures Zambian in leather tanning subsector had neighbouring Government tanneries has with countries. singled installed out This the

left molasses as the source capacity of 1,700 hides per

ethanol. Yes, molasses does translating into 340,000 tobacco industry’s development tax evasion. legitimate market. unregulated manufacturing as a quick win for accelerated Often, illicit trade requires Loose tobacco is a term processes that lead to job creation under Section money laundering, corruption applied to tobacco which may undeclared products for taxation 16.8.1(b) of the Seventh National and various frauds and related be used to illegally manufacture but increased profits enabling Development Plan (7NDP) and crimes, to move the illicit goods cigarettes or other tobacco illicit traders the financial muscle their role will be to facilitate and money through various products, such as “roll-yourto expand into complementary involvement of the private sector transit and financial systems. own” tobacco, without payment criminal operations (including in marketing and processing of Perpetrators of illicit trade in of tax. Illicit loose tobacco can extortion, bribery etc); all tend to tobacco. tobacco products fall under the be misbranded or adulterated leather into be export very hard markets. to quantify. Ethiopia’s

hand sanitiser that we have all sanitiser without any charge. fight against COVID-19, but in the country. While before

Nonetheless, illicit tobacco following broad categories: and may not meet regulatory leather and leather Various products attempts industry are being has seen trade on has the been market. on the But rise, ethaThe Contraband challenge – was Tobacco compoundstandards. also in the fact that the relatively ZAM reached made the to lockdown an address advanced illicit of some stage tobacco counnol threatening can be produced public health from moed products by the are fact produced that the 210 legally litre members, Because illicit usually trade known occurs development in for trade. tries and boasts due to reputation the coronavirus of good lasses. gains of tobacco control and containers but have been initially diverted donated after shadow their feisty markets, engagements the impacts quality with on leather. pandemic For Progress instance, some in Zambia the industry ethanol has was the But outcomes making of ethanol the WHO’s from by manufacture ZamBeef into Plc an and illegal Zambia government revenue, regarding businesses was matdriven signed by imported an industrial the WHO into policy FCTC the country, protocol and the molasses Framework presented Convention on loBreweries market. Plc were not suitand ters consumers that affect is their seldom members, strategy shift to thrust eliminate that facilitated by illicit the trade ZAM for inducement in members gistical Tobacco challenges. Control (WHO FCTC). able Counterfeit for delivering – Tobacco molasses to estimated. like over Indeed, the GST, the have impacts of foreign now investment, tobacco may ensure products, prioritized that though foreign going there for

In While addition Zambia to threats Sugar on public Plc Surya. products What are illegally was required produced were of come illicit trade together manifested to work exchange in forms with is earnings, ward, yet to be the gave consensus country prominence is on self-suffithe donated health, illicit 150 trade tons in of tobacco the matespecialised and bear false tankers manufacturing to transsuch government as: loss of to public contribute trust to the in upgrade

to means of of local implementation quality, aimed within to

cient in this product, over and products is a form of tax evasion, labels, unauthorized trademarks the integrity of key Government increase employment various Government growth and ministries. targeted

rial as part collaboratport the molasses. ZamBeef addressing the challenges of above stabilising the supply

thereby causing a loss of trade names. and business sectors; poor export markets. Regardless, addressing illicit

ing efforts by ZAM members and Lafarge came to the rescue COVID-19 in the country. chain during these COVID-19

government revenue. Cheap whites or illicit whites product performance of The strategy trade in Ethiopia tobacco made products use

to contribute to normalising by donating tankers to transThe ZAM COVID-19 times.

Illicit trade in tobacco products (sometimes referred to as “off counterfeit products associated of economic constrained diplomacy by and unavailability extended of the is a supply chain of of illegal hand activities sanitisers, port brand”) the molasses. Response Team, headed discretionary by the relevant authorizations And statistics. while to attract before

It is when – Are there cigarettes is such harmony legally in the with body the that legible same brand is reducing in transporting that may include unlicensed molasses ZAM president, of well-established in the body COVID-19 Since a to publication industrial pandemic zones of the Surya

Mr foreign Ezekiel that investment produced perfect Thus, health. Surya in one Or was jurisdiction put able another proway, it integrity is dis-harmony from production, Mazabuka smuggling to of outside finished duce for causes bulk sole disease. purpose hand sanitiser of being and brands; Sekele, eroded has mobilised public trust its and memin economic World was parks Bank operating for in the 1999, tanning below increased capacChisamba number products, fraudulent hides where that the marketing can ethanol be tanned other exported per members, and illegally ZamBrew, sold the country in a suffers legitimate bers to insufficient come manufacturers together sector. who to conare Markets taxation ity, were working has liberalized been adopted with to allow Tandem as a was day. and to claims be produced of legal status proved and a Coca jurisdiction Cola Bottlers, advanced they etc have tanning offered no skills. mistakenly tribute Additionally, to blamed government there by customers; leather efforts products means Consulting, to of be addressing sold it from has illicit now foreigntrade, put in challenge. Growth in This Zambia’s is despite leather the sector to has bottle and is low label investment the hand in tanning to fight infrastructure the coronavirus. owned tanneries place to measures local manufacturers to ensure the fact been that constrained Surya Biofuels, by several anreasons. sanitiser for and donation Zambia encounters to the inadequate But it is also for further processing and foster the

possible that steady supply of molasses to

link between foreign tanneries and local

other

ARRICK’S Lumwana copper mine has recorded best quarterly production results in several years HERE in is the no second sacrificial quarter lamb of when this year, it the comes group to payment contributes of taxes over US$20 as everyone million support is expected of host to play countries a part in Covid-19 Zambia’s economic infection development prevention. and sustenance, Zambia Revenue Authority (ZRA) Corporate Communication Manager Topsy Sikalinda. SOME commercial banks have joined the mobile payment Competition transaction and Consumer module under National Protection Financial Commission Switch (CCPC) (NFS) which has intends proposed to lower a reduction the cost of of merger handling fees money which among currently consumers at a maximum by using a of joint K5 million system. way of reducing the cost of doing business.

COPPER prices rose to their highest nearly three months yesterday as stronger manufacturing data from top consumer China and the loosening of lockdowns imposed contain Covid-19 fuelled expectations of healthier demand. Prices for the red metal rose to their highest as demand in top metals consumer China continued to recover, says Absa

LEATHER OBACCO and its and products its been products receiving may be frowned increased upon attention by many, that recent years, to around use the the one-sided world. Identified perspective as that one of tobacco the most is lucrative for health. businesses Whilst in this years perspective come, the is sector true in its set to flourish entirety, as there demand is another for leather aspect materials of tobacco (hides) that and many finished not aware goods about. is anticipated exceed supply in the coming decade.

‘‘The notion that ZRA employees are exempted from paying tax is untrue as the law does not discriminate in terms of who should pay tax in country.’’ -

Mr Mwanza

to that country, says Industry improve Minister, the statistical to the ever-changing country, the Zambia has said.

“We always talk the economy. But economy when Zambians opportunity to invest “We are appealing Chagwa Lungu to partnership,” he said. Pastor Mwansa Mopani how they past mistake. Are no Zambians with complex.”