ZRA EXCEEDS MID-YEAR TARGET BY K2.1BN

The Zambia Revenue Authority (ZRA) has recorded an above-target revenue performance in the first half of the year 2022 after collecting a net tax outturn of K48, 307.9 million against the period target of K46, 203.9 million, thereby registering a surplus of K2, 104.0 million or 4.6 percent. ZRA Commissioner General Dingani Banda has said,

Angolan Company interested in Solwezi – Jimbe Border Post Road.

An Angolan Company, Edenvale Investment Limited, has expressed interest to construct an international standard road from Solwezi to Jimbe border post in Ikelenge district of North-Western Province. Edenvale Investment Limited is proposing a Public-Private Partnership (PPP) to build, operate and transfer the Solwezi to Jimbe border post road. Edenvale Investment Limited Chairman Marco Pinherio said

Zambia -Rwanda in MoU Agreements

The Zambia Revenue Authority (ZRA) and Rwanda Revenue Authority (RRA) have signed a Memorandum of Understanding for Mutual Administrative Assistance. The MoU between the two Authorities is intended to serve common interests and contribute to the modernization of processes, legal frameworks, information technology and human capital development for efficient and effective execution of each Authority’s

ZRA SEIZES TRUCK WITH UNDERDECLARED GOODS WORTH OVER 8 HUNDRED THOUSAND KWACHA IN TAXES

THE Zambia Revenue Authority (ZRA) has intercepted and seized a truck carrying smuggled alcoholic beverages, contrary to Sections 141 and 149 of the Customs and Excise Act. ZRA Corporate Communications Manager Topsy Sikalinda has disclosed in a statement saying the truck was intercepted in Kafue town after officers received an intelligence report about a truck

EXPECTED TAXATION PRONUONCEMENTS: In the National Budget 2022

By John Moono A tax is a compulsory contribution to state revenue, levied by the government on workers’ income and business profits, or added to the cost of some goods, services, and transactions. A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect

Musokotwane tasks Banda reduce queues at tax paying points remove chaos at all borders

Finance and National Planning Minister Situmbeko Musokotwane today hosted a strategic visioning meeting for top management of the Zambia Revenue Authority (ZRA). The minister took the opportunity to congratulate newly appointed Commissioner General Dingani Bandaand urged him to oversee the establishment of a tax administration system which has the resilience to meet the aspirations of