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The Ministry of Finance is a ministry in Zambia. It is headed by the Minister of Finance, who is responsible for public finances. [1] Ministers. Ralph Nicholson, 1959;
Situmbeko Musokotwane (born 25 May 1956) is a Zambian politician and economist serving as the Minister of Finance of Zambia since 2021; [1] [2] he is also the Member of Parliament for Liuwa. [3] Prior to his appointment he served as Minister of Finance from 2008 to 2011 under Rupiah Banda. [1]
On 2 February 2015, Mwanakatwe was nominated Member of Parliament and appointed Minister of Commerce by Zambia President Edgar Lungu. [3] She was elected as Member of Parliament for Lusaka Central Constituency, which was previously held by Guy Scott. [4] On 4 February 2018, in a cabinet reshuffle, she was appointed Minister of Finance. [9]
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Edith Zewelani Nawakwi (born c. 1959) is a Zambian politician and economist by profession. She is the first woman in Zambia to hold the post of Minister of Finance following her appointment in 1998 since Zambia's independence 33 years previously to that time.
In Zambia, the Zambia Revenue Authority, a body under the Ministry of Finance, is in charge of collecting taxes on behalf of the Zambian Government. Income in Zambia is taxed on the source principle or deemed source basis in some instances.
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister , an executive or cabinet position .
The Cabinet of Zambia is the executive body of the government of Zambia, responsible for the administration and implementation of national policies and laws. Comprising ministers appointed by the President , the Cabinet advises the President on key issues and oversees various government departments and ministries.