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Kagem Emeralds Champions Upskilling for Zambia’s Economic Revival

Lufwanyama, Zambia: In a display of solidarity with the labour force, Kagem Mining Limited (Kagem), the world’s largest emerald producer, actively participated in the joint Labour Day celebrations held on May 1st at Lufwanyama Boarding School Hall. The event brought together government representatives, mining companies, trade unions, and other stakeholders …

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IMF forecast 2.3% economic growth

International Monetary Fund (IMF) anticipates the local economy growth in 2024 to be pegged at 2.3 percent, while inflation pressures persist driven by external supply factors and the depreciation of the exchange rate. The announcement comes after visit led by Vera Martin visited Lusaka recently, to discuss economic and financial …

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Zambia to Invest in Tech Hub to Boost Sustainable Mining

Zambia is poised for a technological leap in its mining sector, with a planned $6 million investment aimed at increasing mineral production while prioritizing sustainability, productivity, and safety. This ambitious initiative will be spearheaded by the establishment of the Mining Technology (MinTech) hub, envisioned as a collaborative hub for innovation …

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Zambia Powers Up Imports to Keep Mines Humming

Facing a looming power shortage, Zambia is turning to its neighbours for help. The state-owned electricity company, Zesco, announced plans to import electricity to avoid blackouts that could cripple the country’s vital copper mining industry. Africa’s second-largest copper producer relies heavily on hydropower, but a severe El Nino-induced drought has …

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