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ZEST ENERGY CLOSE TO COMMISSIONING ITS FIRST REFERENCE SITE

Playing a key role in the growth of the Zest WEG Group’s footprint across Africa, group company Zest Energy is moving towards the commissioning of its first reference site for diesel power generation in Zambia. Zest Energy also has installations in Congo, DRC, Tanzania, Zimbabwe and Ghana. The order was …

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Zambia’s cobalt exports slump 26 percent – report

Exports of cobalt from Zambia slowed down 26.4 percent last year compared to a year earlier as earnings rose, a report by the ministry of finance says. The slowdown in exports is chiefly attributed to the slowdown in the economic growth of top mineral consumer, China last year compared to …

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Mines in US$500 million windfall?

Zambia, Africa’s leader in copper production may refund mining companies over US$500 disputed repayments in Value Added Tax (VAT) over a staggered period; the post reported citing finance minister Alexander Chikwanda. Earlier reports by Bloomberg News say the Zambia Revenue Authority had last year stopped tax repayments to mines that …

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Mopani Copper Mines’ revenue up 18 percent

Revenue for Mopani Copper Mines, a unit of Switzerland based commodity trader, Glencore Xstrata rose 18 percent by December last year as copper sales rose, the company says. In a report for the 12 months period to December 31 last year, Mopani Copper Mines, Zambia’s second leading producer of copper …

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