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Tag Archives: companyPull out by biofuels firm regrettable
THE Biofuels Associations of Zambia (BAZ) has described the decision by a Chinese firm, Kaid Bio Mass to pull out of Zambia, as unfortunate because the move will deny the country of the immense economic benefits. Kaid Biomass Zambia Limited … read more Lafarge forecasts demand growth
LAFARGE Cement Plc has forecast market growth for cement this year after posting an increase in 2012 profits. And Standard Chartered bank managed to increase its profits for a 10th consecutive time last year despite being hit by a huge … read more ActionAid advises Zambia to re-negotiate tax treaty with Ireland
ZAMBIA should urgently re-negotiate its bilateral tax treaty with Ireland to halt multinationals flying the money out of this economy, says ActionAid. The charity, which recently documented alleged tax avoidance practices by Zambia Sugar – findings that have been disputed … read more
Posted in Business
Tagged accounts, company, government, Ireland, revenue, social services, tax, transactions, Zambia Sugar
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DHL Express triples retail footprint in Sub-Saharan Africa
Express company expands footprint from 300 to more than 1,000 DHL Service Points within six months DHL expands its role of connecting Africa with over 220 countries and territories worldwide DHL Express, the world’s leading international express services provider, has … read more Zambia could get 10% of minerLUSAKA— FIRST Quantum Minerals may see Zambia’s state-owned mining firm become its second-biggest shareholder if it converts a stake in the continent’s largest copper operation into equity. ZCCM Investment Holdings would “hopefully” decide this year, said CEO Mukela Muyunda. ZCCM … read more Cancellation of the mining license for Collum Coal Mine in national interest
Government says the cancellation of the mining license for Collum Coal Mine Limited should not be mistaken for nationalization. In a statement made available to ZANIS today, Chief Government Spokesperson Kennedy Sakeni said the action by government is merely a … read more
Posted in Business
Tagged applicants, available, Collum Coal Mine, company, following, government, mining, national, rights, save
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KCM victimising employees who leaked information to the media
Konkola Copper Mines (KCM) is allegedly victimising some employees who leaked information to the media that 11 Zambian Senior Managers’s emplyment was terminated. The alleged victimised workers claimed that management got incensed when information about the 11 Senior Managers that … read more
Posted in LATEST
Tagged affected, claimed, company, employees, employment, information, kcm, management, media, workers
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Chinese companies told to follow Zambian laws
Chinese Ambassador to Zambia Zhou Yuxiao has described as an exceptional case, the revocation of Column Coal Mine’s mining licenses and the subsequent takeover by government. Ambassador Zhou says the case is exceptional noting that many Chinese owned companies operating … read more GEMFIELDS ANNOUNCES MILA KUNIS AS GLOBAL BRAND AMBASSADOR
Celebrated actress to be the face of the company’s new print advertising campaign Gemfields, the world’s leading coloured gemstone producer, which owns 75 percent of the Kagem emerald mine in Lufwanyama District in partnership with the government of Zambia, is … read more
Posted in Beauty & Health, Business, Culture & Fashion, Fashion, Press Releases, STATEMENTS
Tagged advertising, beauty, campaign, company, environment, highest, leading, local, mining, world
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