Local News

CSO records highest inflation rate midyear

According to the data from the Central Statistical Office (CSO), the inflation rate in June this year has increased to 8.6 percent from 8.1 percent recorded in May this very year. The CSO acting Director of Census and Statistics Iven Sikanyiti made mention that this was mainly ascribed to the …

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KAGEM PREDICTS RISE IN EMERALDS DEMAND

  KAGEM Mining has predicted an increase in the demand for Zambian coloured gemstone in the world. Gemfields and Kagem chief executive officer Sean Gilbertson said responsible sourcing of coloured gemstones was receiving increased attention. “Coloured gemstones were progressively becoming more valuable to consumers on the international market compared to …

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CEC and ZESCO called on by the President

President Lungu has implored Copperbelt Energy Corporation (CEC) and Zambia Electricity Supply Corporation -Zesco to guarantee a smooth transition of the bulk power supply agreement which would come to an end in the year 2020. The power utility firm generates and supplies power in bulk to CEC which in turn …

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Local processing plant a necessity and cost effective-Gov

The Zambian government has appealed to the private sector to contemplate on building an emerald processing plant locally. Speaking at the recent Grizzly Mining’s emerald auction in Lusaka, Ministry of Mines Permanent Secretary Paul Chanda stated that a locally built processing plant would be of national benefit. Chanda added that …

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Bangweulu Power plant

The President of the Republic of Zambia, Edgar Chagwa Lungu commissioned the first ever large scale solar plant in Zambia. The 54 Megawatts Bangweulu Solar power plant located in South of Lusaka was constructed a a cost of US$56 million. The Bangweulu solar power plant currently has 453, 000 solar …

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Power generation reduce at Kariba

The decreasing water levels at Kariba Dam has decrease plunged electricity generation for both Zambia and Zimbabwe, the local utility company has announced. The two countries’ joint technical committee report issued has indicated the levels of water dropping to 43 percent of the dams’ capacity. Henry Kapata, Zambia Electricity Supply …

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CEC donates books to Kalabo Schools

As part of its corporate social responsibility Copperbelt Energy Corporation (CEC) recently handed over text books to the Mwangala Mwenda Foundation prior to the start of the 2019 year. According to the company, the books are just some of the essential supplies the Foundation requires for the school year to …

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ZEMA dispels water pollution rumours

Pollution of the natural environment is generally viewed as an inherent consequence of the complexity of large-scale commercial mining, which often negatively affects communities when harmful emissions find their way into the environment. To minimise the negative impact on the environment, First Quantum Minerals’ Kansanshi Mining has established a pioneering …

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Construction of the Multi-million dollar Hydro-power stations in Kawambwa to start in March 2019

Construction of the US$770 million Kabwelume and Kundabwika hydro power stations and a transmission power line is scheduled to start in March 2019. When completed and fully operational, the two hydro power stations will generate a total of 163 megawatts (MW). The two projects, which will be undertaken by the …

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Close to 1,000 miners to lose jobs at Mopani

About 1, 000 miners at Mopani Copper Mines (MCM) are likely to lose their jobs after the mining giant starter its voluntary retrenchment exercise. According to latest correspondence from MCM Chief Services Manager KV Chitoshi and to the people close to the Development , the company is asking employees to …

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