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Zambia

Zambia to hold fresh elections on Aug. 11

January 4, 2016 Geraldine Boechat 0

Zambia will hold new presidential and parliamentary elections on August 11 under a new constitution; the government said on Monday. “The new Constitution has a […]

Zambia launches $2 billion hydro-power project

December 1, 2015 Steven Addamah 0

Zambia has begun the construction of what it says is a major hydro-power project aimed at boosting the country’s electricity generation capacity, Xinhua news agency […]

Zambia: inflation up to 19.3%, lower growth in 2016

November 26, 2015 Steven Addamah 0

Zambia’s annual rate of inflation for November 2015 rose to 19.3 percent, jumping from 14.3 percent recorded in October 2015, the statistics agency said in […]

I cannot allow Glencore to lay off 4,000 people – Zambia president

November 5, 2015 Khalid Al Mouahidi 0

Zambia’s president Edgar Lungu said on Wednesday he will not allow Glencore’s Mopani unit to lay off workers as the mining and trading company deepens […]

Zambia: Swiss Giant Glencore plans $950 million investment in copper mine

October 29, 2015 Geraldine Boechat 0

The Swiss mining company, Glencore Plc, plans to invest $950 million over the next three years to expand operations at its Mopani Copper Mines as […]

IMF downgrades Sub-Sahara’s growth forecast to 3.75% for 2015

October 27, 2015 Geraldine Boechat 0

In its latest African Economic Outlook released on Tuesday under the title “Dealing with the Gathering Clouds,” the International Monetary Fund (IMF) said that sub-Saharan […]

Zambia-economic crisis: President seeks God’s intervention

October 22, 2015 Khalid Al Mouahidi 0

Zambia holds a day of prayer and fasting, with bars shut and football matches cancelled, to seek divine help over the country’s currency collapse and […]

Zambia: China to build 750 MW power plant

October 20, 2015 Geraldine Boechat 0

China’s Sinohydro Corp will start building a 750 megawatt (MW) hydro-electric power station in Zambia in December as the country seeks to address an electricity […]

DRC: Copper production to rise to 1 million tons in 2015

October 16, 2015 Steven Addamah 0

Democratic Republic of Congo will produce about 1 million tons of copper for the second consecutive year in 2015, the mines ministry said on Thursday. […]

Zambia forecasts 15% drop in copper output

October 14, 2015 Khalid Al Mouahidi 0

Zambia is expected to produce 600 000 tons of copper this year, down 15 percent from 708 000 tons in 2014, a government official said […]

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