Mineral resource-rich countries like Zambia often face a dilemma in striking the right fiscal balance between attracting investments and obtaining a fair deal for the country. In the extractives industry, challenges arising from tax evasion, corruption, and illicit financial flows make it difficult to convert natural resource wealth into sustained prosperity. The management of Zambia’s…
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On the 6th October 2022, the office of the Auditor General released the Auditor General’s report which highlighted the expenditure and revenue performance of various Ministries, Provinces, and Spending Agencies (MPSAs) focusing on the 2021 fiscal year. Consequently, the Civil Society Organisations Debt Alliance in partnership with the Zambia Tax Platform undertook an analysis of…
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Lusaka, 4th February 2022: Zambia like many other African countries has a unified Semi-autonomous tax administration. In this form of setup, functions of tax administration are granted to a semi-autonomous body- the Zambia Revenue Authority (ZRA). While ZRA is a semi-autonomous entity with a board of directors, there have been concerns raised as regards the…
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Lusaka, 21st January 2022: Energy is connected deeply in all three pillars of sustainable development that include the economy, social welfare, and the environment. In Zambia, petroleum plays a crucial role in running the economy as most sectors use it as a source of energy. There is no question that the removal of energy subsidies…
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Lusaka, 14th January 2022: On the 15th of December 2021, Government met with sixteen Public Service unions to discuss issues affecting the Welfare of Public Service employees. Government resolved to adjust, effective 1st January 2022, the basic salaries of all public service employees upwards by 12 percent. Other adjustments made by Government include the rate…
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Lusaka, 31st December 2021: The year 2021 has seen some improvement towards both the domestic and global economy after a year of recession in 2020 where Zambia’s economy contracted by 3 percent. While revenue performance was poor in 2020, the Zambia Revenue Authority (ZRA) by September 2021 managed to collect an excess of K80 million…
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Lusaka, 24th November 2021: Social Security is the protection that a society provides to individuals and households to ensure access to health care and guarantee income security, particularly in cases of old age, unemployment, sickness, invalidity, work injury, maternity or loss of a breadwinner. According to the International Labour Organization (ILO) Conventions and United Nations…
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Lusaka, 16th September 2021: The Zambia Tax Platform (ZTP) commends Government for establishing the Ministry of Small Medium Enterprises (SMEs) as enterprises will have a more direct share of the national budget. This Ministry will also assist in improving coordination and providing oversight to institutions such as Citizens Economic Empowerment Commission (CEEC). The Platform holds…
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Lusaka, 27th August 2021: The Zambia Tax Platform (ZTP) has called on the Government to amend the Tolls Act of 2011 and NRFA Act to harmonize the usage of revenues collected from toll fees with; road maintenance and rehabilitation projects only. The platform maintains that use of tolls exclusively for road maintenance and rehabilitation can…
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Lusaka, 17th August 2021: Value addition describes the process of economic transformation provided to a product or service before it is offered to customers which results in a higher net worth. The challenge, however, to adding value and boosting domestic productive capacity for a country like Zambia that is commodity-dependent, makes it vulnerable to commodity-price…
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