Feature Economy

Zambia has handed back an iron and gold exploration licence it withdrew from mining giant BHP Billiton and Blackthorn Resources to boost mining sector...

Ever wondered why the Chinese are willing to pay so much for a small piece of land? Well, it is now common knowledge in Zambia that if you want to sell your piece of land, just look for the Chinaman. They will pay top price for it. But the million dollar question is whether they are really paying top price? And if the answer is in the affirmative, then we ask must ourselves WHY? Trade and investments have in the recent times been the main drivers of the Sino-Zambia relations. In fact, that is the case for most African countries. China as an emerging global economic powerhouse is interested in securing primary products such as copper to feed its industries.To ensure that it has first consideration ahead of the West, it has increased its aid to Africa, increased preferential loans, eliminated tariffs on more than 500 products from Africa and

One of the energies meeting these criteria is wind energy. Winds arise from the uneven heating of the atmosphere by the sun. They have energy within them which can move trees, sands, waters, cause tides and more. Winds at moderate to high speed can rotate turbines. Wind turbines convert the kinetic energy in the wind to mechanical power. This mechanical power can be used for specific tasks including grinding maize, pumping water or transmitting it to a generator to convert it from mechanical power to electrical.

Mining is a global business. The copper mining value chain involves many players including; input suppliers, mining companies, smelters, contracted suppliers of labour, wholesalers, and consumers. Others are governments, labour unions, mining NGO’s, chamber of mines, other business associations, London Metal Exchange, transporters etc. Anything that goes on at KCM affects the whole nation

A lot has been said about the pathetic customer service that exists in Zambia. Even after so much has been sang about this deadly disease, little is being done by the affected and infected companies. In Zambia, many businesses lack adequate investment whether it is in the personnel or systems that enhance the way they deal with their customers. Banks are especially the worst in dealing with clients. They have the attitude of -you need us more than we need you.

Zambia has taken over the Africa Growth and Opportunities Act (AGOA) Forum for the next one year following an African Ministerial Consultative Group meeting held in Washington DC.The Forum is an annual event mandated by the African Growth and Opportunity Act, which was signed into law by former President Bill Clinton in May 2000 to expand trade and investment with the sub- Saharan Africa.It allows eligible countries’ officials to review the implementation of AGOA, as well as exploring new ways for the future in order to enhance and strengthen trade integration and make smooth commerce activities between the United States and sub-Saharan Africa.

Bank of Zambia Governor Caleb Fundanga has said ZESCO’s decision to increase electricity tariffs to 25.6 percent was justifiable for a growing economy like...

Zambia's capital will host a gathering of some of Africa's top educational decision-makers on May 26th at eLearning Africa.The 5th eLearning Africa conference 2010...