Business

Zambia’s presidency has decisively dismissed proposed new regulations that would have granted the state a minimum 15% stake in critical mineral mines without any financial compensation, thereby affirming its commitment to maintaining an investor-friendly environment. A draft “statutory instrument” originating from the mines ministry had stipulated that the government would …

Botswana-based Kemcore is proving that southern African entrepreneurs can capitalise on regional mining opportunities while creating local value. Founded by Calisto Radithipa, the company supplies critical chemicals to copper and cobalt operations in Zambia and the Democratic Republic of Congo (DRC), demonstrating how proximity, agility and innovation can unlock growth …

The experts at the Zimbabwean Gold Investment Conference in Harare have raised concerns over the exploitation of minerals, highlighting the vulnerability of communities that are the custodians of these resources. Zambian business leader and Chief Adviser Mabvuto Chipata stressed the importance of equitable distribution of value to prevent conflict. “Each …

South Africa—Africa’s ability to capture the full economic, industrial, and societal value of its vast mineral endowments hinges entirely on regional integration and a decisive shift from policy dialogue to co-ordinated action. That was the unequivocal message delivered by industry experts and policymakers at a media briefing for the Investing …

By Steven Lumley, technical manager, WearCheck   Continuing the dialogue around oil additives with condition monitoring specialist company, WearCheck, this time the focus turns to friction modifiers. What are they? Organic fatty acids and amines, high-molecular-weight organic phosphorus and phosphoric acid esters What do they do? Alter coefficient of friction …

South African Competition Tribunal (SACT) has issued Jubilee with a merger clearance certificate and unconditionally approved the sale of the South African Chrome and PGM Operations to One Chrome (under the Competition Act (Disposal). SACT approval is a suspensive condition to the disposal as outlined in the circular to shareholders. …

Israeli President Isaac Herzog has concluded a two-day state visit to Zambia, reaffirming cooperation between the two nations under the General Framework Agreement of Cooperation signed in 2023. Herzog was received on 10 November at Kenneth Kaunda International Airport by President Hakainde Hichilema before the two leaders proceeded to State …

Omnia Holdings subsidiary BME, in partnership with Swedish-based Hypex Bio Explosives Technology (Hypex Bio), is extending its collaboration beyond Canada by initiating an infrastructure and product development programme for the Southern African Development Community (SADC) market. The two companies will gradually introduce the world’s first commercially available hydrogen peroxide explosives …

Jubilee Metals, the London- and Johannesburg-listed company now prioritizing copper extraction in Zambia, reported on Friday, October 17, that it is making steady progress toward finalizing the sale of its substantial South African chrome and platinum group metals (PGM) operations. The divestiture represents a critical step in the company’s strategic …

TSX-listed copper, nickel and gold producer First Quantum Minerals (FQM) has outlined key steps for Zambia to achieve its ambitious target of 3Mt of copper production per year by 2032. To reach this milestone, about 815Mt of ore will need to be mined, considering the decline in ore grades from …