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Business

S&P UPGRADES ZAMBIA’S CREDIT RATING

S&P UPGRADES ZAMBIA’S CREDIT RATING

S&P Global Ratings has upgraded Zambia’s credit rating from SD (selective default) to CCC+ / C, officially confirming that the…
KCM COMMISSIONS SURFACE EXPLORATION DRILLING AT KONKOLA, MARKING KEY STEP TOWARD 300,000MT COPPER OUTPUT

KCM COMMISSIONS SURFACE EXPLORATION DRILLING AT KONKOLA, MARKING KEY STEP TOWARD 300,000MT COPPER OUTPUT

Konkola Copper Mines (KCM) has taken a significant step toward its ambitious target of producing 300,000 metric tonnes of copper…
ERB CLEARS MULTI-BILLION KWACHA ENERGY PROJECTS

ERB CLEARS MULTI-BILLION KWACHA ENERGY PROJECTS

The Energy Regulation Board (ERB) has approved 29 licences and 12 construction permits, representing a combined investment of ZMW 6…
KCM COMMISSIONS SURFACE EXPLORATION DRILLING AT KONKOLA, MARKING KEY STEP TOWARD 300,000MT COPPER OUTPUT

KCM COMMISSIONS SURFACE EXPLORATION DRILLING AT KONKOLA, MARKING KEY STEP TOWARD 300,000MT COPPER OUTPUT

Konkola Copper Mines (KCM) has taken a significant step toward its ambitious target of producing 300,000 metric tonnes of copper…
PAC SUMMONS ZAMBIA CORRECTIONAL SERVICE

PAC SUMMONS ZAMBIA CORRECTIONAL SERVICE

The Public Accounts Committee (PAC) has summoned the Zambia Correctional Service (ZCS) to appear and respond to audit queries raised…
NEW MINERALS REGULATION COMMISSION ESTABLISHED

NEW MINERALS REGULATION COMMISSION ESTABLISHED

The Government of Zambia has formally established the Minerals Regulation Commission (MRC), marking the most significant restructuring of the Ministry…
ALL TAZARA WORKERS TO BE RETAINED UNDER NEW US$1.4BN RAIL CONCESSION

ALL TAZARA WORKERS TO BE RETAINED UNDER NEW US$1.4BN RAIL CONCESSION

Minister of Transport and Logistics Frank Tayali says all Tanzania–Zambia Railway Authority (TAZARA) workers will be retained under the newly…
MINISTRY OF ENERGY ASSURES NATION OF STABLE FUEL SUPPLY

MINISTRY OF ENERGY ASSURES NATION OF STABLE FUEL SUPPLY

The Ministry of Energy has acknowledged reports of fuel shortages experienced across the country in recent days but has assured…
BOZ CUTS LENDING RATE BY 0.25 % FOR FIRST TIME IN FIVE YEARS

BOZ CUTS LENDING RATE BY 0.25 % FOR FIRST TIME IN FIVE YEARS

The Bank of Zambia has reduced the Monetary Policy Rate by 0.25 percentage points, bringing it down from 14.5 percent…
CHISANGA URGES ZAMBIANS IN BOTSWANA TO INVEST IN ENERGY SECTOR

CHISANGA URGES ZAMBIANS IN BOTSWANA TO INVEST IN ENERGY SECTOR

Zambia’s High Commissioner to Botswana, Pamela Chisanga, has urged Zambians living in Botswana to invest in Zambia’s energy sector. Ms.…
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