Shoprite topped LuSE last week

TRYNESS TEMBO, Lusaka SHOPRITE was the highest performer last week on the Lusaka Stock Exchange (LuSE) with the local bourse recording over K12 million in turnover. Of the total K12,648,895 value turnover, about K6 million was shared among 12 companies that participated in 70 trades on the local bourse. During the period under review, Shoprite

Clubs differ over Barclays winners Confed Cup slot

MATHEWS KABAMBA, Kitwe SOME Super Division clubs have expressed mixed feelings over the proposal by the Football Association of Zambia (FAZ) to award Barclays Cup winners with a Confederation Cup slot. Last week, FAZ general secretary Ponga Liwewe said they would consider giving winners of the country’s only competition automatic qualification to the Confederation Cup.

China considering supporting cotton firm

MAYENGO NYIRENDA, Chipata CHINESE Ambassador to Zambia Yang Youming says the Chinese government intends to support China Africa Cotton Company’s plans to create an agro-processing industrial park in Eastern Province. Mr Yang said China Africa Cotton Company intends to create an industrial park in the province in line with Government’s economic diversification programme through industrialisation.

$900m set for hydropower

TRYNESS TEMBO, Lusaka MUCHINGA Power Company Limited (MPCL) has set aside about US$900 million to develop a hydropower project with installed capacity of 330 megawatts to contribute to clean renewable energy supply. The project will also strengthen already existing power generation in Central Province. The company is a special purpose vehicle owned by Lunsemfwa Hydro

Zambia signatory to chemical, safety treaties

BENEDICT TEMBO ZAMBIA is a party to a number of international chemical, safety and other related conventions. The Basel, Rotterdam and Stockholm conventions are among the several agreements Zambia has signed. The three altogether cover elements of “cradle-to-grave” management as they aimed at removing hazardous and chemical wastes. By being a signatory to the Basel,
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