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GÉCAMINES: WHAT GAME IS ALBERT YUMA MULIMBI PLAYING?

Albert Yuma Mulimbi can be described as the strong man of Gécamines. This untouchable and immovable man has just launched a new introduction into society with the support of other members of the board although it is rumoured the reality is that they had no choice but to endorse the …

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Malawi misses out on US$4 bln SADC power interconnector?

While four of Southern African Development Community enjoy the power sharing facility to prop up industrial and domestic growth, including meeting demand from mining sectors, Malawi, one of the neighbors affected by power deficit, has been left out. Zimbabwe, Zambia, Botswana and Namibia, four of the 15-member states in the …

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Let’s Industrialise SADC to enhance development

Leaders in the Southern African Development Community have agreed to ensure industrialization takes the centre in regional integration to ensure more than 270 million people benefit from its natural and mineral wealth through poverty eradication. The summit noted that despite the vast mineral and natural resources endowed in the region, …

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MINES OWE ZESCO U$20 000, 000 IN POWER BILLS

Mining companies in Zambia collectively owe power company Zambia Electricity Supply Corporation (ZESCO) a staggering US$20 million debt in unpaid power bills, threatening the utility company’s prospects of undertaking a facelift to its equipment and the meeting energy demands to end users. Earlier this year, the Energy Regulation Board (ERB) …

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Value Addition-a Pre-requisite for SADC’s growth

There is need to devise ‘uniform’ legislations that will benefit the people in the 15-member Southern African region in collaboration with investors that export raw material at the expense of the more than 270 million populace, many who are wallowing in abject poverty, says incoming SADC chair for the council …

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