Monday, June 16, 2025

Economy

Now Glencore dumps Mopani, puts its entire stake in Mopani on the table in talks with Zambia

JOHANNESBURG/LONDON — Glencore will likely sell its entire 73.1% stake in Zambia's Mopani Copper Mines to the government's mining investment arm ZCCM-IH rather than...

President Lungu Launches Citizen Entrepreneur Development Program in Nchelenge District

President Edgar Lungu has launched the Citizen Entrepreneur Development Program in Nchelenge District. The program which is an initiative of the Economics Association...

Fall in Food Prices brings down Zambia’s Inflation for the August Month

Zambia’s annual inflation rate for August has slowed down to 15.5 percent from last month’s 15.8 percent owing to a fall in food prices. Zambia...

Small Scale Miners Backs Government’s Plan To Acquire More Shares in Mopani

The Small Scale Miners Association of Zambia has backed Government’s plan to acquire more shares in Mopani Copper Mines. Mines Minister Richard Musukwa on Tuesday...

ZCCM-IH opens talks with Glencore as it seems to increase Mopani stake

Glencore and ZCCM-IH are in talks about ZCCM-IH acquiring additional shares in Glencore subsidiary Mopani Copper Mines, Glencore and Mines Minister have revealed. ZCCM-IH holds...

Uganda pharmaceutical company halts exports to Zambia over unpaid debts

Cipla Uganda, the biggest manufacturer of drugs in that country, has suspended exports to Zambia, over unpaid invoices on products worth almost $12m, over...

PF Media Director hints at the Reason for Bank of Zambia Governor’s Dismissal

The ruling Patritic Front Media Director Sunday Chanda has hinted that the Bank of Zambia Governor Denny Kalyalya has been dismissed because of the...

The Dismissal of Dr. Denny Kalyalya is Another Sad Development for Zambia-HH

By Hakainde Hichilema "What has happened at BOZ is like replacing an experienced heart surgeon with a mechanic, in the middle of heart...