Tag Archives: energy

Oryx Energies brand launched as integrated trading and downstream platform across Africa

The Addax and Oryx Group today launched a repositioning to better reflect its evolution 25 years after it was founded. From its original focus purely on energy, the privately-owned group has diversified into real estate and other capital investments. It … read more »

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Cross-border traders want extended clearing hours

The Cross-Border Traders Association has appealed to the Government to consider prolonging the working hours of the country’s border facilities with no power by using solar energy. The traders’ representative Mary Katema said now that there was increased trade among … read more »

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$186m released for Kafue Gorge project

GOVERNMENT has released US$186 million for the development of Kafue Gorge Lower project. The money is from the $750 million eurobond raised by the Government last year. From the eurobond proceeds, Zesco Limited would get $255 million for improving power … read more »

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Mining sector leads Zambia’s FDI

The mining sector has contributed more than 63 % of Zambia’s earning from Foreign Direct Investment (FDI) pledges during the third quarter of 2012. Zambia Development Agency (ZDA) Research, Planning and Policy Director Florence Mumba says out of the total … read more »

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‘ZESCO power deficit situation is at a critical stage’ Sata

President Michael Sata has observed that the country’s power deficit situation is at a critical stage. President Sata has therefore directed ZESCO to carry out a feasibility study in the country and establish where more mini power hydro stations can … read more »

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Zambian-style business reforms copied

Uganda is borrowing from Zambia’s reform blueprint to raise its doing business ratings in the East African Community bloc and Comesa. This is part of the country’s aspirations to attain a preferred investment destination after years of economic bottlenecks in … read more »

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Culture with Lady C: Death Duty

We all know how it feels to go back home for a funeral. You just don’t want to carry much luggage on this occasion as it was a sudden death and time (let alone the zeal and energy to do … read more »

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Zambia: Investrust Launches Kantemba Bank Account

By DARLINGTON MWENDABAI INVESTRUST Bank Plc has launched a business account to empower small and medium enterprises (SMEs) in the country, with over 850 already benefitting from the service. The business account designed to service the SMEs called Kantemba will … read more »

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Electricity industry to contribute US$2.57 billion

By NELLA MUKALENGE THE Zambian electricity industry is expected to contribute US$2.57 billion to the country’s gross domestic product (GDP) by 2015 from US$1.30 billion due to increased mining activities. The electricity industry has developed following increased mining activity and … read more »

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