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US firms granted tax break in Zambia economic zone

Zambia has extended tax waivers to US firms seeking to invest in an economic zone initially created for Chinese companies that plan to invest $900-million in manufacturing of copper products, a minister said on Monday. Felix Mutati, the commerce and trade minister also said South Africa's property firm HBW Developers has been awarded land to construct a shopping mall and offices opposite...

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US firms granted tax break in Zambia economic zone …

By Shapi ShacindaLUSAKA (Reuters) - Zambia has extended tax waivers to U.S firms seeking to invest in an economic zone initially created for Chinese companies that plan to invest $900 million in manufacturing of copper products, a minister said on Monday.Felix Mutati, the commerce and trade minister also said South Africa’s property firm HBW Developers has been awarded land to construct...

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Zambia: Pay Back Loans - RB

... launched the policy programme - giving a deadline of June.And Commerce Trade and Indutry Minister, Felix Mutati, said the success of the fund, would be determined by how many people graduate from it."People of Zambia are tired of stories; this is time for delivery," Mr Mutati said at the launch attended by Solwezi chiefs and four from Eastern Province including Paramount Chief...

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Kariba North Bank Extension Project Kicks Off Next Month

Sino Hydro Corporation of China will next month start the power generation expansion programme at Kariba North Bank power station, Commerce Trade and Industry Minister, Felix Mutati, has said.

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China firm to spend $400m on Zambia power project

Under the deal, 85% of the money will be provided by Exim Bank of China, the state-owned Times of Zambia quoted Commerce and Trade Minister Felix Mutati as saying.Mutati said the expansion would start in October but he did not indicate when the project would be completed."Sino Hydro of China next month will start the power-generation expansion programme at Kariba North Bank power...

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Zambia: Country Will Remain Open to Trade - Banda

... to do so because corruption sapped investor confidence.Earlier Commence, Trade and Industry, Felix Mutati said Zambia was a catchment of investment in the region.Bank of Zambia (BoZ) governor, Caleb Fundanga said the central bank had investigated the background of Access Bank and found its viability solid.Access Bank deputy managing director, Herbert Higwe said the bank was a pan-African...