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The Copperbelt Energy Corporation (CEC) will actively contribute and support Government’s goals by diversifying the country’s energy mix through investment in alternative sources of power. Currently, the company has agreed with the Copperbelt University to make the solar plant available to the university as part of its corporate social responsibility …

Copper, which is Zambia’s major source of foreign exchange firmed in early Asian trading on Friday, gaining momentum from a positive outlook for Chinese industrial activity. China’s manufacturing activity expanded at the fastest pace in six months in August, buoyed by a surge in export orders and higher prices, according …

Government has finished feasibility studies on two routes of the Zambia Railways Limited (ZRL) to modernise its operations. In this vein, Government is in discussion with two Chinese railway companies that were engaged to conduct feasibility studies for ZRL. Minister of Transport and Communication Brian Mushimba said the two companies …

The US$70 million iron-ore mining company being set up by Universal Mining and Chemical Industries Limited (UMCIL) in Nampundwe’s Sanje Hill area, expected to create 1,000 jobs, will commence operations this October. UMCIL sales manager Benjamin Belemu said the company, which operates the Kafue Steel Plant under Trade Kings Group …

Government has been challenged establish to a mineral stabilisation fund. The Economics Association of Zambia (EAZ) says authorities should take advantage of the current rise in copper price to establish the fund. Herryman Moono, EAZ National Secretary said the mineral stabilisation fund will be used to save revenue from the …