Business

AfDB reiterates warning on carbon border tax

The African Development Bank has reiterated that the introduction of a carbon border tax by the European Union (EU) could push Africa back into exporting raw commodities and undermine its industrialisation gains. The European Union recently launched the initial phase of a Europe-wide carbon tax on imported goods as part of …

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ABB, Bridon-Bekaert Ropes to deliver integrated mine hoists services

The two leading OEM companies join forces to develop an integrated service portfolio for ABB mine hoists, According to the two companies, the partnership is an important step in ABB’s ambition to expand the service portfolio and maximize customer value Geographic reach will focus on the mine hoist end user markets …

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$15 BILLION DOLLARS ZNS SMELTER ON CARDS

Zambia National Service (ZNS) will in two months’ time commence the setting up of a USD 15 billion dollar copper smelting plant in the Kabompo district of North Western Province, Zambia National Service Commander Lieutenant General Maliti Solochi has disclosed. Lt Gen Solochi said the Government has already secured the …

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Better Technology car battery production scheduled for May 2024

According to  Better Technology Group President, Polly Wei, the production of car batteries is scheduled to commence by May 2024. Over 2,000 employment opportunities are on the horizon for Zambians in the coming year, courtesy of the Chinese company set to embark on the manufacturing of motor vehicle batteries at …

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Mining innovation, research battlefield returns to Mining Indaba 2024

The Mining Innovation and Research Battlefield is now open for applicants to submit research proposals for this year’s competition. Investing in African Mining Indaba and the Development Partner Institute have launched the 2024 Mining Innovation & Research Battlefield. The Battlefield is a high-profile platform for innovators and researchers to share …

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Paratus goes live with Starlink

…for industries’ reliable and constant connectivity Paratus, the telco, data center and network services provider, has signed a reseller agreement with Starlink. Marius van Vuuren, Country Manager of Paratus Zambia applauded the hard work done by government, regulator, and other authorities, in conjunction with Starlink, in ensuring this leading-edge technology …

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Barrick’s transformation giving strong impetus to govt’s thrust to revive copper industry

Barrick Gold’s transformation of its Lumwana mine into a world-class producer will provide strong impetus for the government’s thrust to revive the country’s copper industry, president and chief executive Mark Bristow said yesterday after a meeting with Zambian President Hakainde Hichilema. Barrick is investing almost $2 billion in an expansion …

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Hichilema’s visit China to seek solutions to development challenges

…cooperation in digitalization, electric cars President Hakainde Hichilema’s recent visit to China was to seek practical solutions to development challenges confronting Zambia, according to Fredrick Mutesa, Secretary General of the Zambia-China Friendship Association. “He is looking for affordable capital and technology and offering Zambia’s natural resources, particularly strategic minerals that …

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Kansanshi Mining kickstart S3 expansion

The Africa Energy Indaba, a leading business platform for the energy sector on the African continent, is proud to announce the launch of its inaugural Solar Indaba. This new addition to our annual event line-up is aimed at advancing the renewable energy landscape across Africa and fostering sustainable development. The …

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Africa Energy Indaba Launches Inaugural Solar Indaba

The Africa Energy Indaba, a leading business platform for the energy sector on the African continent, is proud to announce the launch of its inaugural Solar Indaba. This new addition to our annual event line-up is aimed at advancing the renewable energy landscape across Africa and fostering sustainable development. The …

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