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Terex Trucks, which was fully acquired by Volvo Construction Equipment, Sweden in June 2014, has appointed Babcock International as the official distributor of its rigid and articulated haulers in southern Africa, effective as of 1st October 2015.  In addition to supplying new machines, Babcock will also provide parts and other …

Zambia and Zimbabwe drew more water than they should have from the Kariba dam to generate electricity, draining the reservoir to 29% of its capacity in September, compared with 70% capacity last year, an engineering body said on Thursday.The Zambezi River Authority (ZRA) ordered utilities in the two countries to cut …

Zambia’s central bank will not compromise economic growth as it tries to address inflationary pressures arising from this year’s sharp depreciation of the kwacha, governor Denny Kalyalya said on Friday.Kalyalya told Reuters the bank would strike a balance between rising inflation and relatively weak economic growth before making decisions on interest …

KAGEM Mining Limited says the company is now profitable after paying dividends to its shareholders for a third successive year, the latest being US$14 million in 2015. Kagem chief executive officer Ian Harebottle stated the dividends paid demonstrated what could be done when national resources and world-class private sector expertise …

Industry heavyweights will once again be making their way to the heart of the Zambian mining region to be part of the Copperbelt Mining Trade Expo and Conference (CBM-TEC). As Zambia’s premier networking event for international and regional companies that operate within the country’s mineral rich Copperbelt region, the expo …