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Zambia’s new president to reverse a hike in mining royalties may come too late to revive investment in the sector, with confidence among foreign mining companies shaken and neighbouring Democratic Republic of Congo looking a potential better bet. Eager to fill a hole in its finances, the government said last …

By Hicks Sikazwe Zambia is committed to see that mine companies operating in the country make profit while jobs are fully protected, President Lungu has said. The president, in a clear intervention of the current row over the new open pit mining tax and unpaid VAT refunds, has directed the …

Zambia will maintain a new mineral royalty tax despite fears that it could lead to mine closures, President Edgar Lungu said on Sunday as he was inaugurated in the nation’s capital, reports  Reuters  News Agency. Africa’s second biggest copper producer hiked open pit mining royalties to 20 percent from 6 …

Johan-Ernst Linström has been appointed   Airgas Sales Manager   with effect from January 28, 2015. He assumes sales responsibilities at the firm, a Sub-Saharan subsidiary of German-based Aerzener Maschinenfabrik (Aerzen) – one of the world’s leading specialists in the design and manufacture of roots blowers, turbo blowers, screw compressors, rotary lobe …

By Hicks Sikazwe Zambia’s Justice Minister Edgar Lungu has stepped into Michael Sata’s shoes becoming the sixth president of Africa’s leading copper producer. Lungu, who turns 59 in November, was elected in the January 20 by-election beating his closest rival, Hakainde  Hichilema of the United for National Development Party (UPND) …