Economy
Govt to sign 30 years $1.4 billion TAZARA concession deal with Chinese firm
Government is expected to sign a US$1.4 billion concessional agreement next month with China Civil Engineering Construction Corporation (CCECC) to rehabilitate the Tanzania-Zambia ...
Economy
CEC receives first $10.4 million payment from KCM, amid ongoing legal battle
Konkola Copper Mines (KCM) has announced the payment of US$10.4 million to the Copperbelt Energy Corporation (CEC), marking the first installment in settling ...
Economy
Chamber of commerce urges policy reforms to de-risk investments in Zambia’s energy sector
The Zambia Chamber of Commerce and Industry (ZACCI) has underscored the need to de-risk investments, enhance data sharing, and co-design policies that support ...
Economy
Musokotwane urges capital markets tribunal to uphold investor confidence
Finance and National Planning Minister, Situmbeko Musokotwane, has called on the Capital Markets Tribunal to uphold investor confidence by protecting investors and promoting ...
Economy
Sinomine reportedly launches copper mine, solar project in Mumbwa, targets 50,000 tonnes of finished copper
Chinese mining firm, Sinomine Kitumba Minerals, has launched a US$600 million open-pit copper mining project in Mumbwa District, Central Province, a move expected ...
Economy
Credit rating agency, Moody’s, revises Zambia’s economic outlook from stable to positive, cites debt reduction, economic growth
Moody’s Investors Service has upgraded Zambia’s economic outlook from stable to positive, while affirming the country’s long-term local and foreign currency issuer ratings ...
Economy
African Union executive council meeting opens in Addis with call to reduce reliance on foreign aid
The 24th Extraordinary Session of the Executive Council of the African Union has opened in Addis Ababa, Ethiopia, with a firm call for ...
Economy
FQM takes 15 percent stake in Prospect Resources, injects K272 million to drive Mumbezhi copper exploration
First Quantum Minerals (FQM) has announced an investment of approximately K272 million in Australian-based battery and electrification metals developer, Prospect Resources, to support ...
Economy
Ecobank pledges support for smart transport corridors to bolster intra-Africa trade
Ecobank has pledged its support toward the development of smart transport corridors across Africa, with a focus on enhancing intra-African trade and advancing ...
Economy
Govt begins review of TAZAMA pipeline open access guidelines
The Ministry of Energy has reportedly commenced a review of the Tanzania-Zambia Mafuta (TAZAMA) Pipeline Open Access Framework, aiming to strengthen its operational ...
