Vedanta injects $25m into KCM
MWILA NTAMBI Kitwe AS PART of its efforts to maintain the integrity of the asset, Vedanta Resources has disbursed its first US$25 million Konkola Copper Mines (KCM) employee salaries, contract…
RDA still working on road contracts
CHAMBWA MOONGA Lusaka ROAD Development Agency (RDA) says it has not cancelled processes to award contracts for routine road maintenance.Acting communications and corporate affairs director Anthony Mulowa said in a…
HH welcomes German investment in solar energy
KABANDA CHULU Lusaka PRESIDENT Hakainde Hichilema has urged 7YRDS Energy Corporation of Germany to accelerate implementation of its initial 100 megawatts (MW) solar power plants because Zambia’s economic growth ambitions…
EU gives Zesco €7 million
KABANDA CHULU, MELODY MUPETA Lusaka, Kitwe OVER 63,000 low-income households and some public facilities in eight townships of Lusaka will be subsidised and connected to reliable and safe electricity supply…
BoZ raises lending rate to rein in inflation
TRYNESS TEMBO Lusaka IN ITS efforts to arrest the depreciating Kwacha and confine the inflation rate within the target band, the Bank of Zambia (BoZ) has raised its benchmark lending…
Kasenseli opening imminent
KELVIN KACHINGWE, MARY LEMBA Lusaka, Ndola STATE mining investment firm ZCCM Investment Holdings (ZCCM-IH) says resumption of mining operations at Kasenseli Gold Mine in Mwinilunga is imminent. In a statement…
REA offers support to Manyinga inventor
BUTTYSON KANDIMBA Solwezi THE Rural Electrification Authority (REA) has engaged potential suppliers of electricity equipment to support an innovation by a youth of Manyinga who has developed a simple mini-hydro…
HH woos mining investors
- Tells Mining Indaba of creation of stable, predictable mining, legal, fiscal regime KABANDA CHULU Lusaka PRESIDENT Hakainde Hichilema says Zambia will soon become a favourite destination for mining investments…
ZRA reveals plan to hit K125bn target
NKOMBO KACHEMBA Lusaka ZAMBIA Revenue Authority (ZRA) has outlined key strategies to help it meet its K125.3 billion revenue target for this year. The tax authority is this year expected…
Ndola groups get K2m grants
MARY LEMBA Ndola NDOLA City Council has disbursed grants worth over K2 million to more than 100 groups in Kabushi constituency using the 2023 Constituency Development Fund (CDF).Kabushi Member of…
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