Daily Archives: Jan 30, 2013

Kwacha reaches the lowest in almost four year

Zambia’s kwacha retreated for a third day, reaching the lowest in almost four years, amid speculation mining companies refrained from selling dollars in the market. The currency of Africa’s biggest copper producer fell 0.5 percent to 5.3772 a dollar as … read more »

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Danish tourist dies at Kundalila Falls in Serenje

A Danish national yesterday drowned at Kundalila Falls in Serenje as she was trying to take pictures. Serenje District Commissioner Charles Mwelwa and the police officers who rushed to the scene found that the body of the deceased had already … read more »

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Kwacha continues bearish run against dollar

THE Kwacha continued its bearish run against the United States (US) dollar as demand for the greenback from interbank players saw the local currency lose 40 Ngwee on the day. Having opened trading at between KR5.290 and KR5.310 on the … read more »

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Zambia coach Herve Renard criticises CAF

Zambia coach Herve Renard has criticised African football’s ruling body CAF for not allowing them the chance to represent the continent at this year’s Confederations Cup. According to MTNfootball.com website, Zambia, having won the Africa Cup of Nations in 2012, … read more »

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ZAMBIA: Approved exploration licences to boost mining

THE approval of 27 mining and exploration licences by the Zambia Environmental Management Agency (ZEMA), is expected to boost the country’s copper production capacity, Association of Zambian Mining Exploration Companies (AZMEC) has said. AZMEC said it was now expecting ZEMA … read more »

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Hunt for Successor 34: Leave our children alone

By Field Ruwe The overbearing Wynter Kabimba is about to press the red button and blow up the future of our children. He is taking them to the primordial era and turning them into dinosaurs. That’s the problem. When we … read more »

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Girl 14 narrates how Bishop Matonga defiled her

A victim in the defilement case involving famous a Chisamba farmer and businessman of Baba Joana Church, Bishop Joshua Matonga, yesterday narrated the ordeal. The 14-year-old girl of Chipata Compound in Lusaka who appeared before Lusaka Magistrate, Betty Malupenga, told … read more »

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FQM sitting on 60,000 tonnes of copper concentrates worth US$100 million

MINING giant First Quantum Minerals Limited (FQM) is sitting on 60,000 tonnes of copper concentrates worth US$100 million from its Kansanshi Mine in Solwezi because all smelters on the Copperbelt, are heavily congested with the mineral. FQM Director of Operations … read more »

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