By KENNEDY MUPESENI - GEMCANTON Investments Limited, a joint venture with Grizzly Mining Limited, seeks to increase emerald production this year to 60,000 kilogrammes (kg) from 51,000 kg recorded in 2016. Recently, Gemcanton acquired a 50 per cent stake in Grizzly to expand operations which has seen increased contributions to the treasury with employment levels
By KENNEDY MUPESENI - THE Mine Workers Union of Zambia (MUZ) has urged Government and cooperating partners to establish a special micro loan facility for miners, to make economic diversification in mining areas feasible. Chibuluma branch chairperson Raphael Phiri said high interest rates by micro lenders were making it difficult for miners to start other
The annual rate of Inflation has continued to drop falling to seven percent in this month of January 2017 compared with 7.5 percent in December, last year. Addressing a media briefing in Lusaka today, Central Statistics Office (CSO) Director John Kalumbi said the annual inflation has declined by 0.5 percent in accordance with the Consumer
The ruling PF says it finds the silence that the Law Association of Zambia (LAZ) has kept over President Edgar Lungu’s eligibility to seek reelection in 2021 to be too loud. PF Deputy Spokesperson Frank Bwalya says his party would have liked LAZ to give its view of such a matter of national debate before
Zambia has recorded a reduction in its annual inflation rate from 7.5 percent in December 2016 to 7 percent in January 2017. Central Statistical Office Director of Census and Statistics John Kalumbi has attributed the decline in the inflation rate to price changes of both food and non-food items. Mr. Kalumbi however says the reduction
Ajax Cape Town have completed the signing of Zanaco striker Aubrey Funga. Funga becomes Ajax Cape Town’s second Zambian acquisition over the last two months following his Zanaco club mate and midfielder Roderick Kabwe’s arrival at the start of the month. “Ajax Cape Town are delighted to announce the signing of Zambian midfielder Aubrey Funga,”
Zanaco are returning to their Lusaka base after a two week 2017 pre-season training camp in Chipata. The defending champions return to Sunset Stadium ahead of their weekend international club friendly against CAPS United of Zimbabwe. The Zimbabwean champions are due to play Zanaco in two pre-season friendly games during their visit. Zanaco and CAPS
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