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Zambia’s Golden Party urges govt to lower taxes amid soaring cost of living

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The Golden Party of Zambia (GPZ) has called on the President Hakainde Hichilema-led administration to lower taxes in the face of soaring cost of living as it is “practically impossible for the government to reduce the high cost of living in the country.”

GPZ leader, Jackson Silavwe, in a statement issued in Lusaka on Sunday, noted that “modern economies grow when people spend money but that, however, it was evident government had failed to do this.”

Silavwe urged Hichilema and the ruling UPND to consider a giving ordinary Zambians and local companies more spending power to afford the record high cost of living and doing business.

“Flood the economy with money, reduce Pay As You Earn (PAYE) and other individual related taxes, lower businesses related taxes and statutory obligations,” Silavwe suggested.

He further called on the government to scrap selected council levies and combine some of them and give incentives to local small and medium Zambian companies who have employed fellow Zambians.

The party leader added that no local business should be closed for failing to pay taxes or council levies and government should consider removing tax holidays for foreign companies, while urging government to lower company tax for all companies both local and foreign to increase tax compliance.

He also called for the introduction of new laws against transfer pricing and review all the existing tax treaties with tax haven countries as well as the “need to have a solid, clear and aggressive approach to move the economy from foreign dependency to local economic development (LED) in all sectors.”

“We cannot surrender ourselves to the analogy that it is happening everywhere and do nothing. Our leaders, our government, must respond,” Silavwe emphasized.

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65% of Nigerian households lack money for healthy food—Survey

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A survey conducted by the National Bureau of Statistics (NBS) has revealed that around 65% of Nigerian households, which is about two-thirds of the population, lack the financial means to eat healthy food.

According to the survey by the agency, the decline is a reflection of the multidimensional poverty in the country and the impact of continuous reduction in the purchasing power of Nigerians due to rising prices of goods and services.

And as a result, two-thirds of households in the country lack money to eat healthy, nutritious food, the NBS said.

Titled “Nigeria General Household Survey – Panel (GHS-Panel) Wave 5 (2023/2024),” the survey examined demographics, education, and health trends in Nigeria, comparing data from Wave 4 (2018/19) and Wave 5 (2023/24).

On food insecurity, the survey stated:

“Approximately two out of three households indicated being unable to eat healthy, nutritious or preferred foods because of lack of money in the last 30 days.

“Similarly, 63.8 per cent of households ate only a few kinds of food due to lack of money, 62.4 percent were worried about not having enough food to eat, and 60.5 percent ate less than they thought they should.”

It added that between Waves 4 and 5, the proportion of households that reported being worried about not having enough food to eat because of lack of money increased significantly, from 36.9 percent to 62.4 percent.

On access to energy, the survey revealed said:

“82.2 percent of urban households have electricity, compared to 40.4 per cent in rural areas. Nigerian households face an average of 6.7 power blackouts weekly.

“Cooking typically involves traditional three-stone stoves (65.0 percent), primarily using wood as fuel (70.2 per cent), but with use of liquefied petroleum gas (LPG) rising significantly.

“Many households lack toilet facilities and rely on tube wells or boreholes for drinking water. Waste disposal is mostly informal, with 45.6 percent of households using bushes or streets,” it added.

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Zambia: APP leader lampoons PF over pledge to reverse forfeited properties

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Leader of one of Zambia’s opposition parties, Advocates for People’s Prosperity (APP), Mwenye Musenge, has criticised the Patriotic Front (PF) over its promise to reverse forfeited properties if the party won the 2026 presidential election.

Musenge, who was reacting to a statement credited to the PF Member of Parliament (MP) for Lukashya Province, George Chisanga, described the PF’s promise as a betrayal, saying the declaration had exposed the party’s disregard for accountability and justice.

The APP leader, who spoke to Zambia Monitor in a telephone interview from Kitwe, expressed shock that Chisanga, a former Law Association of Zambia president, would endorse what he termed a “regressive agenda,” accusing the PF of prioritising the protection of corrupt individuals over the welfare of citizens.

“This declaration reveals the PF’s true intentions, returning to power not to serve Zambians, but to shield their corrupt network and restore stolen assets,” Musenge said.

He alleged that former President Edgar Lungu’s consistent calls to protect his family, who he claimed cannot explain their amassed wealth, further demonstrate the party’s self-serving mission.

Musenge further described the PF as “a political carcass animated by greed and nostalgia for its days of unchecked looting,” and accused its leaders of leaving Zambia impoverished while enriching themselves.

“Allowing them near power again would be akin to handing a butcher’s knife to a thief already drenched in the blood of the nation’s resources.

“The PF represents everything wrong with Zambian politics—a relic of the past clinging to survival through recycled lies and corrupt agendas,” he added.

Musenge went on to call for the party to be permanently eradicated, saying it had no vision, morality, or credibility to serve Zambians.

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