TRANSPARENCY International Zambia says the false reporting of copper exports by the Central Statistical Office is an indictment on the competence and capacity of the institution. Last week during the signing of an MoU on a new Mineral Value Chain Monitoring Framework with six government ministries, Norwegian Ambassador to Zambia …

KONKOLA Copper Mines still owes ZCCM-IH over US$59 million under a Settlement Agreement that was signed in February 2013, according to the latest Auditor General’s report. The Auditor General’s Report on Accounts of Parastatal Bodies and other Statutory Institutions for the 2013 financial year stated that the mining company did …

LUSAKA — Zambia’s new president Edgar Lungu on Thursday re-appointed Christopher Yaluma as mines minister in Africa’s second-largest copper producer, to help end a row with mining companies over new royalties and tax refunds. The simmering disputes, coming at a time when copper is near 5½-year lows and economic growth …

Zambia’s commerce minister said on Tuesday that payment of mining royalties, which Zambia recently increased, can be deferred until companies have sufficient cash flow if they are not in a position to pay immediately. Zambia’s government said last year that it would scrap a corporate income tax of 30 percent …

Despite the challenges of continued decline in commodity prices and the lack of return on investment, there remains a great opportunity on the continent for mining to grow, professional services firm KPMG South Africa CEO Moses Skosana said recently. Sharing his insights ahead of the 2015 Investing in African Mining …

Zambia’s new president to reverse a hike in mining royalties may come too late to revive investment in the sector, with confidence among foreign mining companies shaken and neighbouring Democratic Republic of Congo looking a potential better bet. Eager to fill a hole in its finances, the government said last …

By Hicks Sikazwe Zambia is committed to see that mine companies operating in the country make profit while jobs are fully protected, President Lungu has said. The president, in a clear intervention of the current row over the new open pit mining tax and unpaid VAT refunds, has directed the …

Zambia will maintain a new mineral royalty tax despite fears that it could lead to mine closures, President Edgar Lungu said on Sunday as he was inaugurated in the nation’s capital, reports  Reuters  News Agency. Africa’s second biggest copper producer hiked open pit mining royalties to 20 percent from 6 …

Johan-Ernst Linström has been appointed   Airgas Sales Manager   with effect from January 28, 2015. He assumes sales responsibilities at the firm, a Sub-Saharan subsidiary of German-based Aerzener Maschinenfabrik (Aerzen) – one of the world’s leading specialists in the design and manufacture of roots blowers, turbo blowers, screw compressors, rotary lobe …

By Hicks Sikazwe Zambia’s Justice Minister Edgar Lungu has stepped into Michael Sata’s shoes becoming the sixth president of Africa’s leading copper producer. Lungu, who turns 59 in November, was elected in the January 20 by-election beating his closest rival, Hakainde  Hichilema of the United for National Development Party (UPND) …