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BOZ to “keep space” for growth despite inflation – governor

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 …

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Kagem Mining pays shareholders $14m dividends in 2015

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 …

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CBM-TEC dates and venue confirmed for 2016

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 …

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13th Intermodal Africa 2015

Radisson Blu Hotel Lusaka, Zambia Thursday 29 and Friday 30 October 2015 Intermodal Africa continues to be the biggest annual Container Ports and Terminal Operations Exhibition and Conference in Africa – now in its 13th successful edition! The 13th Intermodal Africa 2015 Exhibition and Conference will take place for the …

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Mines have no option but to cut jobs – Chamber of Mines

CHAMBER of Mines president Nathan Chishimba says mining companies are left with no options but to cut jobs and downsize production because of the current economic problems the industry is facing. In an interview, Chishimba said the commercial viability of mining companies operating in Zambia remained a challenge under the …

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