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Recent News

Zambia has a new mining minister

The Zambian President, Edgar Lungu has  appointed a new mining minister in a  recent cabinet reshuffle that included several changes to other government ministries. In a press release by the government of Zambia, Patriotic Front Parliamentary Chief Whip Richard Musukwa has been named the new Minister of Mines and Minerals …

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Banks must support the mining sector – Gabaraane

Stanbic Bank Zambia says mining is an expensive business that needs stable long-term support from the financial sector. Speaking at the Mining Indaba recently Leina Gabaraane is Chief Executive of Stanbic Bank Zambia further said growing any business needs capital both for asset investment and day-to-day expenses. And the mining …

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TAZARA to hire 5 mainline locomotives

In an order to boost haulage capacity to meet the huge demand anticipated by the new Railway (Transportation of Heavy Goods) Regulation that was recently passed by the Zambian Minister of Transport, the Tanzania-Zambia Railway Authority (TAZARA) has dispatched an engineer to South Africa to conduct a due diligence on …

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Zambia keen to use Lobito Corridor

In recent remarks to the press, Zambia’s Minister of Transport and Communications, Brian Mushimba, acknowledged the work being carried out by the Angolan Government in the field of infrastructure construction for the transport sector. He also stressed what he had witnessed was a good example for other African countries to …

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Miners, government head for a deadlock

The Chamber of Mines has condemned the new law compelling mining companies and other bulk cargo firms to transport at least 30% of their freight by rail. According to miners, the legislation is ‘economically inappropriate and unworkable’ Brian Mushimba, transport minister said the law was meant to revive the rail …

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CEC celebrates 10-year listing on LuSE

Plans to raise funds for future expansion coupled with deliberate efforts to boost share ownership by Zambians in CEC saw the company list on the Lusaka Securities Exchange, ten years ago. The company planned to spend $40.5 million on infrastructure upgrades over the next seven years after signing two loan …

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CEC boosts Kitwe’s fight against cholera

As part of its contribution to the City’s clean up exercise, CEC has donated various materials to the Kitwe City Council. Totaling over K220, 000.00, the donation is timely, in the wake of the cholera outbreak in Lusaka and other parts of the country. The first donation, a response to …

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New x-ray facilities for Konkola

As part of effort to speed up radiological diagnostic services for the Konkola Copper Mines medical services, the company has commissioned new x-ray medical facilities at it Nchanga South Hospital. Valued at US$135 000, the facilities will serve a catchment population of over 63 000 in four towns – Chililabombwe, …

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