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Indian consortium receives first shipment of coal from Mozambique

The first shipment of coal mined in Mozambique by the International Coal Ventures Ltd consortium is due arrive to India on 24 November, said CS Verma, chairman of the consortium of Indian state-owned enterprises. Last July, ICVL, a consortium of the Indian state companies Coal India, Steel Authority of India, National …

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‘Dismiss Dangote defamation lawsuit’

Zambia’s Labour Minister Fackson Shamenda has asked the High Court to dismiss a defamation lawsuit by Dangote Industries Zambia Limited. Mr Shamenda said the Dangote lawsuit should be set aside because it was wrongly taken to court. Dangote Industries Zambia Limited sued Mr Shamenda for slander and libel. The company …

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Condra’s innovations help lower crane costs

A local crane company with facilities in South Africa, South America and Europe claims it has lowered the overall lifetime costs of its products below those of its competitors by successfully incorporating select and relevant technological developments. The company, Condra, has for many years held a hard won reputation across …

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$34.9m grossed from Lusaka emeralds auction

GEMFIELDS Plc chief executive officer (CEO) Ian Harebottle says the company realised US$34.9 million from the auction of higher quality rough emeralds from Kagem mining Limited held in Lusaka recently. Mr Harebottle said early during the week that this was the second highest revenue mark achieved by Gemfields at any …

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‘Dismiss Dangote defamation lawsuit’

Zambia’s Labour Minister Fackson Shamenda has asked the High Court to dismiss a defamation lawsuit by Dangote Industries Zambia Limited. Mr Shamenda said the Dangote lawsuit should be set aside because it was wrongly taken to court. Dangote Industries Zambia Limited sued Mr Shamenda for slander and libel. The company …

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