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A plan by finance minister Alexander Chikwanda to administratively seek President Michael Sata’s opinion over Government’s intentions to refund over US$500 million owed to mining companies operating in Zambia in Value Added Tax (VAT), has taken a new dimension with calls to establish how it leaked. Finance minister Chikwanda has …

In a land-locked country, Zambia’s mines face long distances when moving their product to ports – and the poor state of the country’s rail infrastructure has made these distances increasingly expensive. So mines will be pleased to hear that government plans to turn Zambia into a ‘regional trade hub’ that …

The quest for the 15-Southern African Development Community (SADC) member states to re-define their policies to benefit from the vast mineral and natural resources endowed with has received recognition from one of the eminent leaders from the region. Former Mozambique President Joachim Chissano says it is time for African leaders, …

Mopani Copper Mines, a unit of global commodity trader and diversified miner, Glencore Xstratra, has injected more than US$15 million in reviving an artisan training school in Mufulira, one of its operational areas following calls by the Government to improve skills training in the country and reduce on the industry …

Leaders in the Southern African Development Community have agreed to ensure industrialization takes the centre in regional integration to ensure more than 270 million people benefit from its natural and mineral wealth through poverty eradication. The summit noted that despite the vast mineral and natural resources endowed in the region, …

Mining companies in Zambia collectively owe power company Zambia Electricity Supply Corporation (ZESCO) a staggering US$20 million debt in unpaid power bills, threatening the utility company’s prospects of undertaking a facelift to its equipment and the meeting energy demands to end users. Earlier this year, the Energy Regulation Board (ERB) …

There is need to devise ‘uniform’ legislations that will benefit the people in the 15-member Southern African region in collaboration with investors that export raw material at the expense of the more than 270 million populace, many who are wallowing in abject poverty, says incoming SADC chair for the council …

Countries in the 15-member Southern African Development Community (SADC),seek to review and adopt policies to accelerate economic growth having realised the untapped mineral potential. The 34th Heads of States and Government Summit which goes underway in Zimbabwe’s tourism capital, Victoria Falls from August 17-18 want to review policies to bolster …

Electricity generation in Zambia rose more than three percent during the first quarter this year as mining companies increased consumption to raise mineral output as dictated by the metal markets, a national report says. The Lusaka based Bank of Zambia says in its report that energy generation increased by 3.1 …

Zimbabwe Mines Minister Walter Chidhakwa has revealed that the country has with immediate effect banned exports of rough diamond to ensure maximum value for its minerals. The idea emerges from a recent cabinet meeting which discussed about the exportation of rough diamonds and resolved to ban the exports of the …