Sensitise public officers on finance law
FOR many years Zambia has struggled to curb the abuse, misuse and misapplication of public resources by public workers. (more…)
LUNGU
Close procurement loopholes, Lungu directs finance minister
NANCY SIAME, Lusaka
PRESIDENT Edgar Lungu has directed Minister of Finance Bwalya Ng’andu to revisit and ensure an overhaul of the government procurement process to prevent inflated prices. (more…)
World Bank to finance over $100 million
ESTHER MSETEKA, Lusaka THE World Bank Group will soon provide financing worth over US$100 million to help support the climate resilient programme which is key in mitigating the effects of…
EPHRAIM Banda.
Role of records in public finance management
Analysis: EPHRAIM BANDA
ON DECEMBER 20, 2018, during the launch of the Audit Committee Hand Book in Lusaka, Secretary to the Cabinet Dr Roland Msiska urged controlling officers to focus on attaining zero audit queries this year by strictly applying the guidelines provided in the handbook including proper record keeping. (more…)
SIKWELA
Seriously abide by Finance Act, PAC tells PS
STEVEN MVULA, Lusaka
THE Public Accounts Committee (PAC) yesterday took to task Permanent Secretary in the Ministry of Tourism and Art Howard Sikwela on why he has not taken action against erring officers following a rise in unaccounted-for money from K1.3 million in 2016 to K11.5 million in 2017. (more…)
ZAMBIA Sugar is one of the companies listed on the LuSE
Capital markets channel for raising finance
CYNTHIA MWALE, Lusaka
IT HAS not just become a global trend, but one of the logical ways of sourcing for cheaper and long-term financing for companies wishing to grow – listing on the capital market has demonstrated this fact.
The flip side is to offer opportunities to citizens to achieve financial empowerment. (more…)
Collapsed finance system to be restored in March
CHOMBA MUSIKA, Lusaka
THE central computing system at the Ministry of Finance collapsed on January 29 this year but Government is expeditiously working on restoring it. (more…)
MUTATI
Mutati leaves Finance
HONE SIAME, Lusaka
PRESIDENT Edgar Lungu has made changes to Cabinet with Minister of Commerce, Trade and Industry Margaret Mwanakatwe elevated to the position of Minister of Finance.