Zim, Zambia to restrict heavy traffic on Vic Falls bridge, construct new passage
The 120-year-old bridge – a key logistics artery linking Zimbabwe and Zambia – is crucial in facilitating regional trade and serves as a vital road and rail link promoting economic integration under the African Continental Free Trade Area and connecting Southern Africa to markets like the DRC.
Zambia loses $200 million revenue after cutting fuel taxes to shield businesses
The country suspended excise duty and removed Value Added Tax (VAT) on petrol and diesel imports for three months starting April 1.
Zambia temporarily suspends duty, VAT on fuel
Petrol now costs about US$1.42 per litre, while diesel is around US$1.56 in the country.