News

Zambia Extractive Industry Transparency Initiative (ZEITI) new Zambia EITI Online Fusion portal is now live. The portal provides a new era of open access to information and data about Zambia’s mineral resources for all stakeholders and the public. “Zambia EITI is delighted to confirm that our new Zambia EITI Online Fusion …

The International Monetary Fund (IMF) has applauded the government for implementing an ambitious economic reform program. According to the IMF, the program aims to restore fiscal and debt sustainability, create fiscal space for much-needed social spending, and strengthen economic governance and transparency. The economic reform program is supported by US$1.3 …

When most people think of cybercrime victims, they imagine an office setting with desk-bound employees at computers. However, the reality is that with our increasing dependence on interconnected technologies, no industry sector is immune to cyberattacks – including mining, says Carey van Vlaanderen, Chief Executive Officer  of industry-leading IT security …

Lufwanyama, Zambia: In a display of solidarity with the labour force, Kagem Mining Limited (Kagem), the world’s largest emerald producer, actively participated in the joint Labour Day celebrations held on May 1st at Lufwanyama Boarding School Hall. The event brought together government representatives, mining companies, trade unions, and other stakeholders …

International Monetary Fund (IMF) anticipates the local economy growth in 2024 to be pegged at 2.3 percent, while inflation pressures persist driven by external supply factors and the depreciation of the exchange rate. The announcement comes after visit led by Vera Martin visited Lusaka recently, to discuss economic and financial …

In a continent as diverse and dynamic as Africa, where infrastructural development and resource extraction often go hand-in-hand with challenging environments, dependable water management solutions are paramount. Wacker Neuson, a globally recognized name in light and compact equipment, is making a significant splash in the Sub-Saharan market with its premium …

Zambia is poised for a technological leap in its mining sector, with a planned $6 million investment aimed at increasing mineral production while prioritizing sustainability, productivity, and safety. This ambitious initiative will be spearheaded by the establishment of the Mining Technology (MinTech) hub, envisioned as a collaborative hub for innovation …

Facing a looming power shortage, Zambia is turning to its neighbours for help. The state-owned electricity company, Zesco, announced plans to import electricity to avoid blackouts that could cripple the country’s vital copper mining industry. Africa’s second-largest copper producer relies heavily on hydropower, but a severe El Nino-induced drought has …

Organisers of the annual Africa focused investment conference AFSIC- Investing in Africa expect over 1400 delegates, at C level or similar from both Africa and the rest of the world, to engage in the African investment ecosystem. With over US$6bn worth of deals and investment opportunities profiled on site last …

Zambia’s economic engine, the mighty copper mining sector, faces a potential power cut. But fear not, a lifeline is on the horizon. To avert an energy deficit that could cripple production, the state-owned electricity utility, Zesco, has announced it’s seeking to import power from neighboring countries. This move comes as …