News Zambia Business: Indian billionaire hires Chinese firm for $498 million Zambia project set to become Africa’s largest copper-waste recovery plant
Vedanta-controlled KCM has hired China NERIN to build a $498 million plant expected to recover 70,000 tonnes of copper annually in Zambia. | Business Insider Africa
News Zambia Business: Global energy giant Mercuria enters African power market with $250 million Zambia bet
Global energy trader Mercuria is investing $250 million in Exergy power projects spanning generation and transmission across Southern and Eastern Africa. | Business Insider Africa
News Zambia Business: Zambia targets $1 billion from five new listings as first gold ETF nears launch
Zambia is targeting $1 billion from five new stock listings while preparing to launch its first gold ETF on the Lusaka Securities Exchange. | Business Insider Africa
News Zambia Business: Zambia considers cutting gold tax as $1.8 billion trade gap exposes informal market
Zambia is considering cutting its 16% VAT on gold to formalise trade, recover lost royalties and strengthen the country’s growing gold industry. | Business Insider Africa
News Zambia Business: South African court blocks Zambia's plans to sell Vedanta copper mines
Read more about South African court blocks Zambia's plans to sell Vedanta copper mines on Business Standard. Vedanta had approached the South African court due to an agreement that selected Johannesburg as the seat of arbitration
News Zambia Business: Zambia economy to benefit from China bilateral cooperation: expert
Daka, a small-scale entrepreneur who has been to China on business trips, said Zambians should tap into the Chinese work culture to improve their standards of living. The local businessman said ...
News Zambia Business: Zambia's new finance minister calls for actions to sustain economic stability
INTERNTAIONAL – Zambia's new finance minister on Tuesday said there was need by the government to narrow the gap between commitments made in the implementation of austerity measures and the actions ...
News Zambia Business: Vedanta's Zambia copper mine may get nine bids
Zambia expects nine companies to submit bids for Konkola Copper ... Canada and China were currently conducting due diligence for potential bids for the KCM business. "Currently we have about nine ...
News Zambia Business: Zambia first-half copper output down 4%
INTERNATIONAL – Zambia’s copper production dropped 4 percent to 393,419 tonnes in the first six months of the year, ministry of mines data showed on Thursday. Mines Permanent Secretary Paul Chanda ...
News Zambia Business: Vedanta to seek court order saying Zambia's ZCCM breached shareholder pact
Read more about Vedanta to seek court order saying Zambia's ZCCM breached shareholder pact on Business Standard. Vedanta said an urgent application had been served on ZCCM and a provisional liquidator appointed for KCM
News Zambia Business: Vedanta appeals to South African court to protect Zambian business
Mining company Vedanta said on Thursday that it is seeking an urgent court order in South Africa to prevent Zambia's mining investment arm ZCCM from winding up its disputed Konkola Copper Mines (KCM) business. Vedanta is locked in a dispute with the Zambian government, which accuses KCM of breaching
News Zambia Business: Zambia: China's Contentious Stake in Zambia's Broadcast Media
To help switch from analogue to digital TV, Zambia did a deal with a Chinese media conglomerate. Now, Zambian media owners are complaining that locals can watch Chinese kung fu movies but have limited local programming.
News Zambia Business: UPDATE 1-Vedanta CEO open to dialog with Zambia
*Vedanta says Zambia is misusing corporate law. A court hearing involving Vedanta and Zambia over the control of KCM was adjourned on Friday until June 4. It says Zambia is misusing corporate law by calling for the winding up of KCM on the basis of fairness and equity rather than on grounds of insolvency.
News Zambia Business: Zambia wants to do business with Minnesota
While most Minnesotans may not be able to locate Zambia on a map, many have heard of the majestic Victoria Falls and all will likely have heard of copper and cobalt. The Republic of Zambia has all ...
News Zambia Business: Billionaire Agarwal Has a Warning for Zambia
Anil Agarwal, the Indian billionaire owner of Vedanta Resources Ltd., said mining companies are likely to stop operating in Zambia as a result of a state-owned firm seeking to liquidate his ...
News Zambia Business: Zambia lured by the siren song of resource nationalism
a business controlled by Vedanta Resources, has been greeted with alarm and marks the culmination of a three-year clampdown on private, and especially foreign, influence in the mining sector. In 2017, ...
