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GOVERNMENT IS COMMITTED TO SUPPORTING KAGEM -YALUMA

Government has revealed that it will continue to support Kagem and the entire mining sector in creating a conducive business environment. Speaking at the opening of Kagem’s auction of high grade rough emeralds today, Minister of Mines Energy and Water Development, Christopher Yaluma said “the continued auctioning of emeralds in …

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Uncertainty hangs over Zambia

A dark cloud hangs over Zambia again after the passing of its fifth President Michael Chilufya Sata in London on October 28. The late Sata becomes the second president to die in office, after the cold hand of death robbed the copper-rich Southern African country of its leader Levy Patrick …

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Zambia: What next after Sata

By Hicks Sikazwe Just four days after Zambia, Africa’s largest copper producer celebrated 50 years of independence from Britain, its president, Michael Chilufya Sata died at King Edward VII hospital in London, becoming the second country’s head of state to die in office within six years. Locally known as king …

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MTWARA CEMENT PLANT SET TO FUEL TANZANIA’S GROWING ECONOMY

With the construction industry and demand for cement said to be one of the key drivers, Tanzania’s economy is booming at a rapid rate. The increased demand in cement is further fuelled by ongoing natural gas discoveries offshore of the Lindi and Mtwara regions. The commissioning of the Dangote Group’s …

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LONDON COURT UPHOLDS THE FREEZING OF KCM ASSETS

In order to avoid the risk that Vedanta Resources- owned mining firm Konkola Copper Mines might use its liquid assets to frustrate U& M Zambia’s efforts to enforce an arbitration award a London Court has maintained that the freeze on the firms global assets be sustained. This matter came up …

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