Tag Archives: cost

Angola’s white elephant city

Built at a reported cost of $3.5-billion, it was supposed to solve Angola’s chronic post-war housing shortage and go some way to fulfil a 2008 election promise to provide one million homes in four years. But the Nova Cidade de … read more »

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Chikwanda happy with Lusaka MFEZ gains

FINANCE Minister Alexander Chikwanda is pleased with the progress at the Lusaka South Multi-Facility Economic Zone (MFEZ) as it will help improve the economy and reduce poverty. Mr Chikwanda said expressions of interest by companies such as Zambian Breweries to … read more »

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2,000 FQM jobs in offing in Solwezi

MORE than 2,000 Zambians are expected to be employed at the First Quantum Minerals (FQM)’s Sentinel Mine in Solwezi in North-Western Province when it is fully operational. An additional 600 people will also be employed at FQM’s planned US$400 million … read more »

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First Quantum Mine to create more than 2,000 mining jobs

More than 2,000 Zambians are expected to be directly employed at the First Quantum Mine (FQM)’s Sentinel Mine at the Trident Project in North-Western province when in full operational. An additional of 600 more people will also be employed at … read more »

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State seals KR187m road deal

THE Government has signed two contracts valued at KR187 million (K187.6 billion) for the reconstruction and upgrading of 40.9 kilometres of selected urban roads in Ndola and Kitwe on the Copperbelt. The roads under rehabilitation are part of the Link … read more »

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Chipimo doubts PF’s capabilities in governance

National Restoration Party (NAREP) President Elias Chipimo says he is doubtful whether the PF government would be able to improve in the governance system even if it was to double its revenue collection especially from the mines. Mr. Chipimo has … read more »

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Zambia’s needs US7bn Hydro Power investiments

By CYNTHIA MWALE ZAMBIA’S needs US$7 billion to develop its hydro power potential Energy and Water Development Deputy Minister, Mwendoi Akakandelwa has said. Dr Akakandelwa says the total investment cost required for hydro power development is estimated at US$7 billion. … read more »

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1,000 firms to exhibit at Show

By NKOLE CHITALA OVER 900 local and foreign firms have confirmed participation at this year’s 84th Agricultural and Commercial Show scheduled for this week in Lusaka.The agricultural and commercial show, which will be officially opened by Malawian President Mbingu Wa … read more »

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