Economy

British Investor Expresses Interest in Uchi Dumpsite

An investor from the United Kingdom, Copper Tree, has shown interest in setting up a Copper Processing plant at the recently closed Uchi dumpsite opposite the famous black mountain. After...

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EAZ Responds to Mills’ Zambia Debt Article

The Economics Association of Zambia has responded to an article written by Dr Greg Mills published by the Daily Maverick in which he raised serious concerns about Zabia’s debt default....

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Govt Threatens Sanctions on Mopani Over Waste Discharge

The Ministry of Mines and Mineral Development has threatened to penalise Mopani Copper Mines over alleged failure to control the discharge of waste with traces of acid and uranium being...

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Lafarge Has New CEO

Lafarge Zambia has appointed Jimmy Khan as the new Chief Executive Officer. Board chairman Muna Hantuba made the announcement in a statement, saying Khan’s appointment is with immediate effect. “Mr....

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Glencore Boss Meets DRC president Felix Tshisekedi

GLENCORE CEO, Ivan Glasenberg met with Felix Tshisekedi, the newly elected president of the Democratic Republic of Congo (DRC) early this week, said Bloomberg New citing three people familiar with...

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Fuel Shortage Hits Mwinilunga

A shortage of fuel has hit Mwinilunga district in North Western Province, forcing vendors to inflate a litre of petrol to as high K25. The district has reportedly had no...

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Fuel Price Cut Due to Falling Global Prices, says ERB

The Energy Regulation Board has said the reduction in fuel pump prices is a result of falling oil costs on the international market and the stability of the local currency....

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ZCCM-IH buys new Equipment for Kariba Minerals 

The Zambia Consolidated Copper Mines-Investment Holdings ZCCM-IH has capitalised Kariba Minerals Ltd with the purchase of new equipment worth K6 million to boost amethyst production. ZCCH-IH currently owns 50 per...

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Air Tanzania Launches Lusaka Flights

Air Tanzania launched its flights into Lusaka on Friday with ministers of transport for both countries gracing the occasion. Acting Minister of Transport and Communication Katotwe Mufaya and his Tanzania...

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Govt Backs AfDB’s Staple Crop Processing plan at Luswishi Farm Block

The Zambian government has supported the African Development Bank (AfDB)’s proposal to implement the Staple Crop Processing Zone at Luswishi Farm Block in Lufwanyama, an initiative expected to facilitate development...

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