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Zambia has a new mining minister

The Zambian President, Edgar Lungu has  appointed a new mining minister in a  recent cabinet reshuffle that included several changes to other government ministries. In a press release by the government of Zambia, Patriotic Front Parliamentary Chief Whip Richard Musukwa has been named the new Minister of Mines and Minerals …

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KZN eager to cement bilateral trade with Zambia

South Arica’s KwaZulu-Natal (KZN) has set its eyes on Zambia as a potential investment area. Next month Trade & Investment KwaZulu-Natal (TIKZN), KZN investment promotion arm will welcome 12 companies from the province to explore business opportunities in Zambia. “KZN companies are eager to meet with their Zambian counterparts who …

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Banks must support the mining sector – Gabaraane

Stanbic Bank Zambia says mining is an expensive business that needs stable long-term support from the financial sector. Speaking at the Mining Indaba recently Leina Gabaraane is Chief Executive of Stanbic Bank Zambia further said growing any business needs capital both for asset investment and day-to-day expenses. And the mining …

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Zambia among countries to enjoy mining upturn

Africa’s mining sector is facing the best prospects in over a decade favoured by sustained commodity price growth and reduced costs. “The centrality of mining to the development of the continent means that 2018 is likely to be a watershed year in Africa’s ongoing growth story,” Standard Bank Mining and …

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Yaluma wants more transparency – new mining policies due in May

Christopher Yaluma has reiterated commitment to dialogue, cooperation and consultation with mining industry stakeholders. Speaking at the ongoing Mining Indaba with Mining for Zambia, Yaluma said the common goal must focus on increasing production. “We could grow our annual production to 1 and even 2 million tonnes if we engage …

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