Government through the Board of Directors of ZCCM-IH- has selected International Resources Holdings RSC Limited -IRH- as the new affiliated equity partner for mopani copper mines. Addressing the media in Lusaka this morning, Mines and Minerals Development Minister Paul Kabuswe disclosed that the equity partner is an affiliate company of Abu Dhabi conglomerate international holding
Over 30 miners are currently trapped after an open pit mine collapsed on them in Chingola on the Copperbelt. Home Affairs and Internal Security Minister Jack Mwiimbu has told parliament this morning that the trapped miners are now under the rubble and rescuers are struggling to retrieve them. Mr Mwiimbu who did not name the
Economist Emmanuel Zulu says the rise in inflation rate was anticipated following the weak performance of the local currency against the greenback. According to the Zambia Statistics Agency, the annual inflation for the month of November 2023 increased to 12.9 percent from 12.6 percent recorded in October, 2023. In an interview with Phoenix News, Mr.
The annual rate of inflation for the month of November 2023 has increased to 12.9 percent from 12.6 percent recorded in October, 2023. This means that on average, prices of goods and services increased by 12.9 percent between November 2022 and November 2023. Zambia Statistics Agency-ZAMSTATS- Statistician General Mulenga Musepa says of the overall 12.9
The Mines Workers Union of Zambia –MUZ- is concerned with delays by Vedanta resources to inject money into the operations of Konkola Copper Mines since the signing of the implementation and shareholders agreement between ZCCM-IH and Vedanta early this month on the mine. On 7th November 2023, the Zambian government through ZCCM-IH and Vedanta signed
The Freedom of Expression -FOX- Report for the period January to June 2023 has shown a positive outlook in relation to freedom of expression in Zambia in the period under review. The FOX report Zambia which is a perception of the state of media freedom, freedom of expression and digital rights, is based on a
Former Patriotic Front Media Director, Sunday Chanda, has advised the former ruling party (the Patriotic Front – PF) to draw lessons from previous former ruling parties, United National Independence Party (UNIP) and the Movement for Multi-party Democracy (MMD) to survive. The Kanchibiya Member of Parliament says the challenges in the PF are not new and
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