Press Releases

January 22, 2019

The Centre for Trade Policy and Development-CTPD commends government through the Ministry of finance on commitment shown in pursuing a bailout package from the International Monitory Fund-IMF. It is CTPDs hope and expectation that negotiations around this financial support will be concluded within the course of 2019 or else Zambia should begin intensifying efforts in identifying alternative options through which it can restructure its public debt. As the team from IMF visits Zambia for their routine visits under article IV, we expect that a lot more progress will be made in concluding discussions on the financial bailout Zambia is seeking from the fund as the discussions have been going on for too long...…….

The Centre for Trade Policy and Development-CTPD calls on the Zambia Revenue Authority- ZRA to give an update on the Tax Evasion scam involving First Quantum Minerals (FQM). Early this year, on the 20th March 2018, the Zambia Revenue Authority (ZRA) disclosed to the Zambian people that it had uncovered a tax evasion scam in which a mining company evaded paying taxes worth K76.5 billion or the equivalent of about $7.5 Billion. After a number of speculations from various sections of society, we observed a response from FQM refuting the tax assessment issued by ZRA.

April 10, 2018

The Centre for Trade Policy Development wishes to commend and agree with the position given by the Republican President H.E. Edgar Chagwa Lungu on his clarion call to  ensure that all revenues collected from toll gates be channeled towards road maintenance. AS CTPD We fully support this position and urge the Ministry of Housing and Infrastructure Development to take this as a reminder of the original purpose in establishing toll gates in the country.
 

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