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By a Correspondent China Luanshya Mine is to create 500 more jobs for Luanshya residents once the Cobolt treatment plant is constructed. China Luanshya Mine spokesperson Sydney Chileya said Monday, September 16, 2013 that the mine is waiting for Zambia Environmental Agency (ZEMA) for the environment assessment before the plant can be put up. “We […]

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By Correspondent in Luanshya Some Luanshya residents have urged the PF government to come up with a pro-poor 2014 national budget and not one that will just be in favour of the rich and powerful in society. Many of the residents talked to in Luanshya, by Zambian Eye, said the PF government should ensure that […]

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By: Leonardo Blair A 15-year-old high school student who started a tech company when he was 12, took it global and now employs more than 100 people three years later and is giving God the all the glory for his success. Jalen Bledsoe, founder and CEO of Bledsoe Technologies LLC, took to his blog on […]

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Despite the continent’s strong economic growth over the past decade, the majority of Africans still struggle to make ends meet. That is not to say however, that Africa lacks wealthy people. UK-based New World Wealth recently released a report that ranks African countries according to their number of millionaires. Unsurprisingly, the continent’s largest economy, South […]

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Nigeria’s diversified industrial giant, Dangote Industries, on Wednesday said it has secured a $3.3 billion “term loan facility” from 12 local and global lenders to build Nigeria’s largest Petroleum Oil Refinery & Petrochemical/Fertilizer Plants. According to Dangote, the factories will create about 9,500 direct and 25,000 indirect posts. These plants will cut the existing volumes […]

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The Japanese government on Tuesday unveiled a $470 million plan to stem radioactive water leaks at Fukushima, including freezing the ground underneath the stricken nuclear plant, as it pledged to lead from the front. Chiding operator Tokyo Electric Power (TEPCO) for its haphazard management of the spiralling problems, Prime Minister Shinzo Abe said his administration […]

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MMD Lunte Member of Parliament, Felix Mutati has demanded for an explanation from government over its plans to bailout mining companies. Mutati a former Commerce Minister in the MMD government said government should explain what form of support it will give to the mining firms that are reported facing operational challenges. He said it should […]

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The annual rate of inflation for the month of August has reduced by 0.02 percentage point from the July rate. The inflation for August is now at 7.1 percent as compared  to 7.3 percent in July. Central Statistic Office (CSO) Director John Kalumbi said food and non alcoholic beverages  accounted for 3.5 percentage points while […]

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Barclays Bank Zambia has introduced a system which will enable its customers deposit money through the Automated Teller Machine (ATM) slots. Barclays Bank Zambia Managing Director, Saviour Chibiya announced the development in Lusaka on Wednesday night, August 28, 2013. Chibiya said the initiative will make the banking for its customers easy. He said the facility […]

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Government says it is commitment to address challenges associated with cyber security in the country through the creation of an enabling policy and regulatory framework. Ministry of Transport, Works, Supply and Communications Permanent Secretary Charity Mtonga says her ministry is also committed to ensuring that citizens have access to quality and secure communications that are […]

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