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Mopani Copper Mine Plc has preceded with works of backfilling the sinkhole near the South Ore Body (SOB) Shaft in Kitwe after being graded as a safety hazard to informal miners invading it.   The sinkhole is a two hectare caving area within Mopani Copper Mines Plc’s mining rights area. …

A survey report by the Small Medium Enterprises (SMEs) competitiveness indicated increased national demand, led by an emerging middle class and greater regional demand through Zambian’s membership in SADC, kept afloat the domestic manufacturing sector.   According to the report, diversifying and upgrading the sector was necessary to achieve the …

The Central Statistics Office (CSO) monthly bulletin report for July has indicated that 76.8 per cent of Zambia’s major export sales in June resulted from intermediate goods such as Copper anodes and cathodes. In accordance to the same report, 23.2 per cent of the nation’s total exports resulted from consumer …

At the first National Economic Summit organized by the Economics Association of Zambia, minister of Finance Dr Bwalya Ng’andu voiced concerns that developments in the international economy had not been supportive to the local economy. At the summit, held in Livingstone, Dr Ng’andu noted that Zambia’s economy has been poorly …

The self-made billionaire and one of India’s richest men, Anil Agarwal has sold his stake in Anglo America. As the biggest shareholder of the mining company, Agarwal is reported to have made US$500M before the costs from the deal. Agarwal, through his metals company, Volcan Holdings Plc, began buying into …