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Home » Archives by category » Business (Page 3)
No need to approve Mopani transaction – Attorney General

1,093 ViewsAttorney General Mulilo Kabesha says the Mopani Copper Mines transaction is not covered under Article 210 of the Constitution and therefore does not require approval of the National Assembly. Mulilo says Government followed the laid down procedure in the transaction involving the Partnership and Investment Agreement between ZCCM-IH and Delta Mining, a subsidiary of […]

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NPA confirms involvement of the third party

476 ViewsThe National Prosecution Authority (NPA) has confirmed that there was a third party claim by the owners of the plan in the Gold scandal and hence had no further claims on the plane. In a strategic move towards combating financial crimes, the National Prosecution Authority (NPA) has over the last one month successfully recovered […]

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Shaft 28 back to life

687 ViewsAfter lying inactive for over 23 years , shaft 28 of the Luanshya Mine has been commissioned that will see mining resume. About 3000 job opportunities will be created once the mine is in full operations making life back to Luanshya. President Hakainde Hichilema has commissioned works at the once abandoned mine. About 170 […]

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Unprecedented call for global finance reform

594 Views…to fix debt, climate crises  Stephen Fry, Annie Lennox, Christiana Figueres, Forest Whitaker, David Miliband, Graça Machel, Helen Clark and Paul Polman among 100+ signatories of letter to G20 leaders    Eighty years on from the establishment of the International Monetary Fund (IMF) and World Bank, an unprecedented coalition of leading actors, politicians, artists […]

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IRH was not a cabinet but an individual decision – Mundubile

1,023 ViewsLeader of the opposition Brian Mundubile alleges that the decision to give equity in Mopani Copper Mine to International Resource Holding (IRH) was an individual decision. Mundubile who is also PF member of Parliament says the decision was not made by cabinet. He explains that if the matter was tabled by Cabinet it would […]

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UPND Govt sold Mopani mine without receiving any money – Nawakwi

1,427 ViewsOpposition Forum for Democracy and Development (FDD) leader Edith Nawakwi has maintained her statement that the United Party for National Development (UPND) government and President Hakainde Hichilema sold the Mopani Copper Mines without receiving any money in return. Nawakwi says Government and President Hichilema sold Mopani’s asset secretly, the Mufulira slug dump to Jubilee […]

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Nissan Daring Africa, 2024 rolls into Mozambique

552 ViewsDaring Africa 2024, an expedition of five Nissan Navara pick-ups and an X-Trail SUV, arrived in the capital of Mozambique in the second leg of the Japanese car maker’s odyssey up Africa. “This is a celebration of the vehicles we build in Africa, especially the Navara, and the hands that build them,” explains Nissan […]

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Global Communication firm opens in Africa

414 Views Locations – KreabThe global strategic communications firm Kreab Worldwide, with Swedish origin and presence in 25 countries, opens new offices in Portugal, Mozambique, and Angola in partnership with JLM&A. JLM&A is one of the leading strategic communications and public affairs firms in Portugal founded in 1998 by João Libano Monteiro. JLM&A has a high-level experienced […]

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Navigating the horizon for 2030

404 ViewsWill data centres be able to keep up with digitalisation requirements? Johannesburg, South Africa – April 03, 2024 – As we look towards the digital future of 2030 and beyond, the global landscape is evolving at an unprecedented pace. At Vertiv’s recent Accelerate 2.0 event in Durban and Cape Town, Jon Abbott, technologies director and industry […]

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Central Bank takes over Investrust Bank

929 ViewsThe Bank of Zambia (BoZ) has takenover the operations of Investrust Bank PLC  after the financial institution became insolvent (failure to pay debts as the fall due). The Central Bank says the move is aimed at safeguarding financial stability, as mandated by Section 64 of the Banking and Financial Services Act No. 7 of […]

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