Business

The minority Shareholders of ZCCM-IH have welcomed the appointment of Mabvuto Chipata as the new Chief Executive Officer. According to a statement released to the press recently, Euronext Minority Shareholders said they are relieved that the Pius Kasolo page has been definitively turned. They also expressed trust in Chipata who …

Leading crane manufactures, Condra Cranes have elevated in status the humble hook-block to become the key component of an electric overhead crane completed by the company for a metal refinery. This particular machine was shipped in the third week of September. The company says it is their engineering expertise, the …

Russian companies have offered African countries solutions based on the internet of things (IoT) and artificial intelligence (AI) to boost mining production. The offers follow the realisation that traditional means are becoming increasingly expensive, with productivity falling due to technical maintenance costs, unreliable equipment, reactive troubleshooting, a lower equipment utilisation …

Mining Company First Quantum Minerals has declared that they are firm believers in quality education and adult literacy to show this they have donated 6,600 text books worth K117, 480 to the Ministry of General Education The aim by the Miner is to be part of the drive to improve …

Galileo Resources hopes to use its funds raised through a share placing to begin mining its Star Zinc project in mid-2020, as well as commencing an exploration study at its other Zambian location, Kashitu The United Kingdom based miner has raised £500 000 through the placing of 100-million new shares …

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 …

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 …

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 …

Electrical crane materials and flexible cables supplier Powermite has appointed FS Musonda Trading, in Kitwe, the Zambian agent for its materials handling product offering. It is important to have a local representative in the country looking after South Africa-based Powermite’s interests, Powermite director Donovan Marks said recently. “We are regularly looking for …

Earthmoving equipment manufacturer Bell Equipment’s Zambian operation is benefiting from good demand for after-sales support amid the country’s tough economic conditions. “We have had success with our ReMan re-power programme through which complete rebuilds of articulated dump trucks (ADTs) are undertaken to provide a second life for equipment at reasonable …