Tag Archives: company

Pull 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 »

Posted in Business | Tagged , , , , , , , , | Leave a comment

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 »

Posted in Business | Tagged , , , , , , , , | Leave a comment

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 , , , , , , , , | Leave a comment

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 »

Posted in Business, LATEST | Tagged , , , , , , , , , | Leave a comment

Zambia could get 10% of miner

LUSAKA— 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 »

Posted in Business | Tagged , , , , , , , , | Leave a comment

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 , , , , , , , , , | Leave a comment

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 , , , , , , , , , | Leave a comment

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 »

Posted in LATEST | Tagged , , , , , , , , , | Leave a comment

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 , , , , , , , , , | Leave a comment