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Zambia headed to CIIE 2019

The Zambia Development Agency (ZDA) is facilitating for some Zambian firms to showcase their products at the scheduled 2019 China International Import Expo (CIIE). The China International Import Expo is providing a platform for firms to show case their products, network with a large constituent of international buyers and sellers …

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Government pledges to alleviate load-shedding, commits to settle Maamba collieries bills

The government has pledged to alleviate the country’s problematic load shedding issue by committing to settle the bills it owes Maamba Collieries. Maamba Collieries has been receiving continuous shortfall in monthly payments from ZESCO ever since the company started supplying power in August 2016. This development impacted significantly on the …

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Mopani’s “Optimisation Programme” a disadvantage to locals

Mopani Copper Mine’s contractor optimization programme requires thorough assessment in order to safeguard local contractors. During a meeting in Lusaka with Mopani Copper Mines management when called on at his office, the Mines Minister Richard Musukwa made mention that the suspension of the new procurement method at Mopani still remains …

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Lumwana Copper Mine Courts Chinese Interest

Chinese mining companies are reportedly among those that have been invited to make bids for the troubled Zambian mine, Lumwana Copper Mine, despite its owners pouring cold water on the sale claims. The mine which is owned by Barrick Gold Corp, the world’s second largest bullion miner, has been under …

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NFCA Africa Mining Selects MAXAM as Blasting Solutions Supplier

MAXAM, a global technology company specializing in the design, development, manufacture and application of energetic materials, has been selected by NFCA Africa Mining Plc as its blasting solutions supplier for the underground copper mine that the company operates in Chambishi, Zambia. The contract has been granted following a trial period …

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Sales Tax scraped off- Gov

During the 2019 National Budget, Dr. Bwalya Ng’andu made mention that Sales Tax would not be implemented yet Value Added Tax (VAT) would be maintained. During the budget speech, the Minister noted that government wanted to do away with VAT due to many leakages in the collection process. “Government has …

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Courting sales tax – the dangers and opportunities for Zambia

If the controversial sections of Zambia’s Sales Tax Bill are not removed to adopt an orthodox sales tax regime complying with the known principles of a modern tax system, it will be in the public interest to continue with the current value-added tax (VAT) regime with variations that address government’s …

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Tektronix unveils 6 Series Low Profile Digitizer

Tektronix, Inc. has unveiled the six series low profile digitizer, the first 4-channel digitizer to offer up to 8 GHz bandwidth, 25 GS/s sampling rate and a 12-bit ADC on every channel, all in a space-saving 2U rack form factor.   In contrast to alternative digitizers that interleave sample rate, …

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