Local News

By DR. LUBINDA HAABAZOKA Zambia has quietly made economic history. By allowing mining companies to pay statutory taxes and royalties in Chinese currency, the Yuan (Renminbi), the country has become the first in Africa to take such a step. While the decision may appear technical, its implications are far-reaching for …

By: TRUST NDEBELE Jubilee has concluded execution of a co-operation and project development agreement with Galileo Resources for the implementation of an accelerated resource exploration program and the development of Molefe Mine. The agreement combines Jubilee’s established in-country operational and processing expertise with the exploration and geological expertise of Galileo. …

Zambia’s Finance and National Planning Minister, Dr. Situmbeko Musokotwane, has declared a strategic shift toward sustainable, investment-driven collaboration with the United States, aiming to reform the nation’s economy and end its dependency on foreign aid. Speaking in Lusaka during an engagement with visiting U.S. Assistant Secretary of State for Economic …

The CBI- electric Group is a member of Reunert (Pty) Ltd which is a leading South African company listed on the JSE in the industrial goods and services (electronic and electrical equipment) sectors .Reunet manages a number of businesses focused on electronics and electrical engineering and regularly runs among the …

Building on the success of the 2024/25 edition, RMB has released its Where to Invest in Africa 2025/26 report, revealing the continent’s leading investment destinations and emerging opportunities. The latest report provides an in-depth analysis of economic trends, policy shifts and market dynamics shaping Africa’s investment landscape, helping investors and …

As the world races toward electrification and digital transformation, copper has emerged as one of the most strategically contested minerals of the 21st century. Yet the global supply chain still lacks a unified, internationally recognised standard for traceability. That is now changing and driven not from traditional centres of global …

Zambia’s presidency has decisively dismissed proposed new regulations that would have granted the state a minimum 15% stake in critical mineral mines without any financial compensation, thereby affirming its commitment to maintaining an investor-friendly environment. A draft “statutory instrument” originating from the mines ministry had stipulated that the government would …

Jubilee Metals, the London- and Johannesburg-listed company now prioritizing copper extraction in Zambia, reported on Friday, October 17, that it is making steady progress toward finalizing the sale of its substantial South African chrome and platinum group metals (PGM) operations. The divestiture represents a critical step in the company’s strategic …

Gold Rock Projects, a turnkey crushing and quarrying solutions provider, is poised to secure significant contracts in Zambia by year-end, driven by a surge in demand for its equipment and full-scale plant solutions. The firm anticipates installations and commissioning to follow swiftly in early 2026. Copperbelt to Congo: Strategic Growth                …

First Quantum Minerals (FQM) is investing in Zambia’s energy infrastructure to support the nation’s target of producing 3 million tonnes of copper annually while strengthening power supply for national development. Speaking at the 2025 Energy Forum for Africa, FQM’s Infrastructure Lead for Zambia, Jed Goldstein, said the company is pursuing …