Image: bestdesigns/istockPhoto Addison-based Authentix will soon be helping fight the illicit refined fuels trade in Zambia. The global authentication and information services provider announced Monday that it had been chosen by The Energy Regulation Board of Zambia as its technology and services partner to combat the illicit fuels trade in the landlocked nation in southern Africa. Authentix’s program utilizes […]
Energy Regulations Board (ERB) offices The Energy Regulation Board (ERB) has launched a Fuel Marking Program aimed at safeguarding the petroleum industry. ERB Chief Executive Officer, Langiwe Lungu said the program will address the challenges faced by operators in the industry in meeting the required specifications towards provision of quality energy products and services. Ms. […]
Zambia’s energy regulator said Thursday that it has launched investigations into reports of fuel smuggling by some oil transporters. Last week, the country’s tax agency cracked a smuggling syndicate in the southern border entry of Chirundu where transporters declared the consignment as Jet A1 fuel which was duty free when in fact it was petrol […]
Oil company, Puma Energy Zambia PLC, has denied allegations that it is involved in fuel smuggling activities in the country. On Friday last week, the Zambia Revenue Authority disclosed that it had busted an organized fuel smuggling syndicate through the Chirundu One-Stop Boarder Post worth over K2.8 million in unpaid duty and taxes. In this […]
ENERGY Regulation Board (ERB) has instituted investigations to ascertain possible breaches of license conditions and adherence to quality specifications by service stations. ERB Acting Consumer and Public Affairs Officer, Fred Hang’andu says ERB is concerned with reports that fuel is being smuggled into the country. Mr. Hang’andu explained that ERB will roll out the fuel […]
The Zambia Revenue Authority has discovered an organized fuel smuggling syndicate through the Chirundu One Stop Boarder Post worth over K2.8 million in unpaid duty and taxes. In a statement today, ZRA corporate affairs manager Topsy Sikalinda revealed that an agent, Chombe Gondwe, was importing the fuel on behalf of Puma Energy PLC although the […]
2018 Budget flawed as it does not address tax evasion and illicit financial flows by Mines and Multi-National Corporations (MNCs)…. Leaving Zambians overtaxed while building a mountain of debt By Kalima Nkonde Zambia’s 2018 budget is flawed in its revenue generation strategy as it does not contain any measures and plans for legislation for curbing […]
Zambia’s High Commissioner to South Africa Emmanuel Mwamba has urged the Zambia Revenue Authority (ZRA) to expedite investigations concerning allegations of tax evasion by some petroleum and energy importing companies based in Zambia. Mr. Mwamba says the decision by ZRA to dishonour SADC certificates of origin of oil importing companies, has created an impression that […]