Konkola Copper Mines last week paid 180,000 British Pounds to ZCCM-IH under a settlement agreement ordered by the London High Court. ZCCM-IH successfully applied for default judgment against KCM, a subsidiary of Vedanta Resources and was ordered to pay ZCCM-IH US$103 million in outstanding sums owed to ZCCMIH by 13 January 2017. KCM was further
PF Senior Member Kelvin Bwalya Fube who was one of those instrumental in the election of President Lungu says those rise to the top in what is seen as a reference to Edgar Lungu should not forget people who help them. Fube popularly known as KBF who was fired as Deputy Elections Chairperson for
Minister of Health Dr Chitalu Chilufya has announced that plans are underway to introduce the use of drones to deliver medicines to remote areas in Zambia. Dr Chilufya said Government through the Medical Stores is exploring ways of introducing drone technology to speed up the delivery of essential medicines and kits to rural areas. He
Fresh details have emerged showing that Kaloswe Commuter and Courier Ltd, the Zambian firm contracted by Zambia Corporative Federation (ZCF) to export maize to Malawi had its contract terminated after the company failed to pay ZCF. This prompted the country’s Agricultural Development and Marketing Corporation’s (Admarc) to terminate the contract on October 11, 2016 and
Proflight Zambia will launch four new domestic routes this year. The airline will relaunch its direct Ndola-Solwezi route in January, along with Ndola-Kasama flights. A Lusaka-Kalabo service will begin on March 15 and a direct Mfuwe-Lower Zambezi service will operate between June 15 and October 31. Proflight Director of Government and Industry Affairs, Philip Lemba, said:
Vedanta Resources Plc says its copper division saw total mined metal production of 21 000 tonnes in 2016 which was 33% lower year-on-year. It attributed the reduction to lower production from its Nchanga underground mine in Chingola, which was placed on managed care and maintenance. KCM had contributed 4 000 tons of copper last year. At the tailings leach plant, production
How a seasoned Banker rose from lows of selling chickens and eggs to running the country’s fastest growing Micro Finance outlet “I was fired when I was on a work trip to Hong Kong, infact when I was connecting from London to Hong Kong, I found my Secretary’s missed calls but I didn’t return them
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