Latest News Zambia

Construction & Infrastructure

16/03/2023 at 08h32, by Africa Business+

Mozambique mega-dam : final duel between TotalEnergies/Edf and a southern African consortium

From the seven consortia competing over the Mphanda Nkuwa dam, two continue to run in the final selection...

Mines

18/01/2023 at 15h56, by Africa Business+

First Quantum negotiates with unions in Zambia and Mauritania amid soaring costs

This has been a busy start to 2023 for the Canadian company listed on the Toronto Stock Exchange (capitalisation...

Hospitality & Tourism

26/08/2022 at 17h20, by Africa Business+

Radisson to open 40 hotels by 2025 in partnership with private investors

Already present in 30 African countries, the group is pursuing its expansion strategy in Africa launched...

Mines

15/07/2022 at 15h43, by Africa Business+

Zambia: Electricity company CEC Plc limits power to giant Mopani copper mine due to non-payment

Production at the mine, sold by Glencore to the Zambian government for $1 in April 2021, is being disrupted...

Agri-food industry

01/07/2022 at 12h35, by Africa Business+

Zambian Breweries (AB InBev) structures $80 million investment with Stanbic Bank and FNB

This new investment will enable it to double its beer production capacity in Lusaka over the next 18...

Mines

15/03/2022 at 14h33, by Africa Business+

Mbuyisa Moleele and Leigh Day revive class-action lawsuit against Anglo American in Zambia

Supported by the litigation fund Augusta Ventures, the two law firms will bring new evidence to a South...

Mines

07/03/2022 at 16h34, by Africa Business+

Robert Friedland’s Ivanhoe Kipushi mine hits home stretch

Ivanhoe Mines juste filed an independent feasibility study and a new NI 43-101 report for the Kipushi...

Mines

18/02/2022 at 16h51, by Africa Business+

Mopani Mine: Zambia’s debt to Glencore reduced to $900m

The Zambian government committed to paying $1.5 billion when it bought the Mopani copper mine on credit...

Mines

17/02/2022 at 15h19, by Africa Business+

First Quantum Minerals targets $3 billion debt reduction

The world’s sixth-largest copper producer, which operates several mines in Zambia and Mauritania, recorded...

Insurance

07/10/2021 at 14h22, by Africa Business+

Prudential Africa targets 20 African countries over next five years

Prudential plc is moving up a gear in its development on the continent.

Mines

24/08/2021 at 17h04, by Africa Business+

After taking over Glencore’s refinery in Zambia, Jubilee Metals to refurbish ZCCM-IH’s Mopani unit 

The British mining company, which initially specialised in chromium and PGMs (Platinum Group Metals)...

Mines

19/02/2021 at 15h01, by Tarik Bargal

Glencore clears $127 million VAT slate in Zambia and exits

The connection is broken between the Government and the Swiss trading group, which decided to withdraw...

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