Kenneth Lutena | Zambia Monitor

Economy

Minister Kabuswe confirms all legal bottlenecks to takeover of Konkola Copper Mines by Vedanta now removed

Mines and Mineral Development Minister, Paul Kabuswe, has confirmed that Lusaka High Court has approved Konkola Copper Mines (KCM) creditors scheme of arrangements, ...

By Kenneth LutenaJune 30, 20240

Economy

12-hour power rationing remains, as hospitals, utilities, others set to benefit from presidential directive

ZESCO Limited says the 12-hour load management will continue given the low generation being experienced in the country. ZESCO Ndola Senior Regional Manager, Tom Daka, mentioned that ...

By Kenneth LutenaJune 29, 20240

Economy

Bank of Zambia to maintain tight monetary policy amid rising inflation

Bank of Zambia (BoZ) Deputy Governor (Operations), Francis Chipimo, has announced that it was challenging to abandon the tight monetary policy, given the ...

By Kenneth LutenaJune 29, 20240

Economy

Vedanta nears final takeover of Konkola Mine, reports indicate

Vedanta Resources is reportedly on the verge of taking back control of the Konkola copper mine in Zambia, with plans to quickly ramp ...

By Kenneth LutenaJune 29, 20240

Economy

Commerce Minister Mulenga advocates local production of urea fertilizer to boost economy

Commerce, Trade and Industry Minister Chipoka Mulenga has called for local production of urea fertilizers to conserve local resources. Speaking during a business ...

By Kenneth LutenaJune 28, 20240

Economy

Vedanta reportedly in talks with Abu Dhabi’s IRH, other investors for Zambian copper stake sale

International Resources Holding (IRH), the mining investment arm of the United Arab Emirates’ richest company, is reportedly among the investors holding talks on ...

By Kenneth LutenaJune 28, 20240

Energy

‘Bittersweet’, Group describes recall of Mineral Authority Bill by Hichilema as opportunity for fresh insights

Publish What You Pay (PWYP) national chairperson, Joseph Chewe, has expressed the civil society consortium’s desire for further debate on the recalled Mineral ...

By Kenneth LutenaJune 28, 20240

Economy

Zambia’s inflation rate rises to 15.2% in June, as growth rate falls to 2.2% in Q1

Zambia’s annual inflation rate has surged to 15.2 percent in June, up from 14.7 percent in May, according to the Zambia Statistics Agency ...

By Kenneth LutenaJune 27, 20240

Economy

ZESCO admits difficulties finding a balance to load-shedding

ZESCO Limited has admitted it was experiencing significant difficulties balancing the available power supply with demand due to the adverse effects of El ...

By Kenneth LutenaJune 24, 20240

Economy

Kang’ombe wants mines compelled to generate own electricity due to rising energy costs

Christopher Kang’ombe, an engineer, has argued that power generated by Ndola Energy Company will be more expensive than ever. Kang’ombe said the facility ...

By Kenneth LutenaJune 24, 20240

Posts navigation

Top Stories