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Alba Iulia
Saturday, March 6, 2021

Economy

One person dies at Chinese coal Mine accident

One person has died while several others have been injured at the Chinese collum coal mine accident in Sinazeze in Sinazongwe district. Maamba Hospital Superintendent Dr Angel Mwiche confirmed the death of Trywell Siapukwe that he was brought in...

Govt targets second bank for $1.2b crude oil deal

The government is set to select another financier for its $1.2 billion crude oil purchases if current talks with a unit of a South African bank collapse, President Levy Mwanawasa said on Friday. Mwanawasa said he was waiting for a...

C/belt mines still have much ore

Parliament heard Thursday that about 67.7 million tonnes of copper ore is still reserved in Chibuluma, Nchanga open pit and Mindolo shaft mines on the Copperbelt. Mines Deputy Minister, Maxwell Mwale told the House that Chibuluma mine still has about...

Mines to be restructured

The government intends to restructure the Ministry of Mines this year. Mines Minister, Kalombo Mwansa said this will be done to respond to the needs of the mining industry. Dr. Mwansa said his office will carry forward the work started in...

Kapiri Glass Products re-opens next year

THE Kapiri Glass Products (KGP) will be in operation next year, Commerce, Trade and Industry Deputy Minister Dora Siliya said in a Parliament yesterday. Ms Siliya said this in response to Roan member of Parliament (MP) Chishimba Kambwili (PF)...

Zambia Ranked as the World’s Most Improved Economy

The ranking of Zambia as number one among the ten most improved economies in the world by the Global Economic Weekly has cheered the Economics Association of Zambia (EAZ) EAZ President Mwilola Imakando told ZANIS in an interview today that...

New copper deposits found

New copper deposits have been discovered in Masaiti and Mpongwe on the copperbelt. Copperbelt Province Permanent Secretary, Jennifer Musonda disclosed this in Ndola. Mrs. Musonda said there are currently increasing explorations and mineral surveys in all the towns in the province. She...

Ndola earmarked for another vehicle assembly plant

A JOINT Japanese and Zimbabwean business delegation is on a two-day visit to Zambia to look at possibilities of establishing a motor vehicle assembly and service plant in Ndola. The six man delegation led by Japan’s Itochu Corporation automobile...

Govt happy with Zambia Sugar Company

VICE-PRESIDENT Rupiah Banda says government fully supports the Zambia Sugar Company expansion programme, which aims to contribute to the country's growing economy. Mr Banda said expanded productivity was a sure way of adding to the Gross National Product (GDP) of the economy. The Vice-President was speaking...

FRA to buy less maize this season

The Food Reserve Agency (FRA) will buy as much maize as it bought last farming season. FRA said this is on account that there has been a reduction in funds given to the agency in this year's national budget. The agency...

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Forgotten Man Lazarous Kambole Advised To Make Loan Move

Kaiser Chiefs striker Lazarous Kambole has been advised to consider making a loan move away from Soweto giants in...