Author: Matthews Lungu

Government Must Provide Incentives to Formalize the Informal Sector

Lusaka, 25th June 2021: Informality plays an integral role in defining the landscapes of labor markets around the world especially in developing countries where larger shares of the workforce is in the informal sector.  In the case of Zambia’s employment structure, this comprises of about 68.6 percent of employed persons in the informal sector (Zambia…
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Economic Growth is Paramount in the Enhancement of Tax Revenues

Lusaka, 18th June 2021: The Zambia Tax Platform wishes to commend the Zambia Revenue Authority (ZRA) for collecting above targets, revenues in the first 5 months of 2021. The Zambia Revenue Authority recently announced that it had collected K7.3 billion in excess of the target set for the first 5 months of the year. ZTP…
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ZTP Launches a Study on the Performance of the Social Cash Transfer (SCT) and the Girl’s Education and Women’s Empowerment and Livelihood (GEWEL) in Lufwanyama District.

The study sought to investigate the challenges faced by the community in accessing funds under SCT and GEWEL, track the impact and accessibility of the funds from the SCT andGEWEL program, find out how much money has been disbursed for the SCT and the GEWEL from 2017 to 2019, Understand how funds are allocated under…
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Performance of the Social Cash Transfer (SCT) and the Girl’s Education and Women’s Empowerment and Livelihood (GEWEL)

Social Protection plays a critical role in shielding the most poor and vulnerable members of society from the devastating effects of poverty. In its efforts to fight extreme poverty, the Government of Zambia implements various social protection schemes directly under Ministry of Community Development and Social Services (MCDSS). In 2020, Government allocated K2.6 billion (2.4…
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Government Must Increase Spending towards the Health Sector

Lusaka, 7th June 2021: The productive capacity of any economy and the wellbeing of its people largely depends on the quality of health prevalent in a country which is determined by health systems and structures. In this regard, Government spending on health is critical for reducing health inequalities and improving the social determinants of health…
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CTPD LAUNCHES STATE OF THE ECONOMY BRIEF

The Centre for Trade Policy and Development this morning launched its first ever Economic brief quarter one highlights and prospects for the second quarter.According to the brief, the macroeconomic outlook for the first quarter of 2021 seems to be abysmal, partly suggestive that the long journey to economic recovery is perhaps still at the take-off…
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Breakfast Meeting SPEECH-ZTP Chairperson- 15.04.2021

DISTINGUISHED LADIES AND GENTLEMEN, ALLOW ME TO THANK AND WELCOME YOU ALL TO THIS VERY IMPORTANT MEETING TO DELIBERATE ON THE CHALLENGES POSED BY FINANCIAL CRIMES ON DEVELOPMENT IN ZAMBIA. ALLOW ME TO BEGIN BY EXTENDING MY APPRECIATION ON BEHALF OF THE ZAMBIA TAX PLATFORM. MANY THANKS TO SECRETARIAT FOR THE WORK DONE IN PUTTING…
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ANALYS OF SALES TAX BILL -GST REPORT.

In the National Budget speech on Friday 28th September, 2018, The Minister of Finance pronounced that Value Added Tax would be replaced by Sales Tax in the year 2019. (ZRA, 2019). According to the Minister of Finance, Mrs. Margaret Mwanakatwe, Sales Tax is necessary to stop the refund debt escalation and to increase domestic revenue…
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ZTP STATE OF THE ECONOMY REPORT

Years of over-borrowing has left the economy on a knife-edge as debt accumulation shows no sign of stopping. External debt as at end of second quarter 2019 had increased by 0.5 percent to US$ 10.23 billion from US$ 10.18billion at the end of first quarter (MOF, 2019). Domestic debt only captured as securities and bonds…
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