News

Zambia is gambling on a controversial solution to its crippling power outages – a new coal-fired power plant. The green light was given by the Energy Regulation Board for a 300-megawatt facility in the south, doubling the capacity of an existing coal plant. This decision comes as the nation grapples …

Zambia, a nation long known for its copper riches, is embarking on a bold new strategy to claim a larger slice of the pie. The government recently announced plans to establish a dedicated entity for mineral investment and trading, signaling a significant shift from its current approach. This move comes …

The Copperbelt Energy Corporation (CEC) has invested seven million Kwacha in healthcare to enhance Kitwe Teaching Hospital with a new paediatric ward and ICU.   CEC handed over the refurbished Luntembwe paediatric ward and newly constructed Intensive Care Unit (ICU) at Kitwe Teaching Hospital to improve the delivery of healthcare …

The scramble for Africa’s vast copper resources took a surprising turn this week as talks between the United Arab Emirates’ (UAE) International Resources Holding (IRH) and Vedanta Resources Ltd. collapsed. The breakdown in negotiations cantered around Vedanta’s prized Konkola Copper Mines (KCM) in Zambia, a copper behemoth that has attracted …

…across agriculture, climate adaptation and digital economy sectors AFSIC – Investing in Africa aims to partner with companies to accelerate Africa’s economic emergence by matching investment opportunities in Africa transforming Africa’s business, trade and investment environment. The decision is also an endeavor to sustainably grow Africa’s economy and increase African …

Johannesburg-listed Jubilee Metals has taken a significant stride towards solidifying its position as a key player in Zambia’s copper industry. The company, known for its innovative approach to metal recovery, has acquired two operational open-cast copper mines in the country. This strategic move comes as Jubilee actively pursues its integrated …

CEC Renewables, a subsidiary of Copperbelt Energy Corporation (CEC) has made its first Green Bond Coupon payment of USD 2.4 million.   The payment marks the bond’s sixth month anniversary, which now makes it trade-able on the Lusaka Securities Exchange (LSE) and the payment also showcases the viability of green …

Mining Indaba has introduced its latest advisory board members, joining the key industry players in driving transformation within the mining sector. Dr. Marit Kitaw and Kwasi Ampofo are now part of the Mining Indaba 2025 advisory board and committee members. According to Mining Indaba, the committee members, with their diverse …

SKF MaPro tools and online lubrication solutions from SKF Zambia, in collaboration with SKF South Africa, is optimising maintenance practices at a processing plant as well as at six mills in Zambia. SKF’s Regional Customer Experience Manager CEA Central and East Africa, Tonny Luwo, explains that the customer recognised that …

Zambia is set to revamp its mining revenue model, ditching the current dividend system in favour of a more direct approach. The Zambian Cabinet recently greenlit the establishment of a special purpose vehicle (SPV) aimed at maximizing the nation’s profits from its rich copper reserves. “This move marks a significant …