Tag Archives: million

Zambia copper output to rise to 2 million tonnes

Copper output in Zambia is expected to rise to 1.5 million tonnes in 2017 from 800,000 tonnes this year due to increased investment in the mining sector. The projection is due to new projects coming on stream and expansion of … read more »

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

$40m fuel storage to be constructed by Dalbit International

THE Government has engaged an East African firm Dalbit International Limited, to construct four fuel storage depots in four provinces at a cost of US$40.2 million (approximately KR200 million). Energy Deputy Minister Charles Zulu said the Government had engaged Dalbit … read more »

Posted in Business | Tagged , , , , , , , , | 9 Comments

TAZARA needs over $130 million to recapitalise

Over $130 million (about KR 650 million) is required to recapitalise the Tanzania-Zambia Raliway Authority (TAZARA) into a self sustainable railway line. At a TAZARA Board of Directors and Council of Ministers meeting in Lusaka recently, management revealed that the … read more »

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

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 »

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

RDA needs KR52m for stadium access roads

THE Road Development Agency (RDA) needs about KR 52 million to kick start the construction of access roads at the US$94 million Lusaka Stadium. RDA senior manager for construction and maintenance, Charles Mushota said in an interview in Lusaka, after … read more »

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

Two million drivers may face £1,000 fine

As many as 2 million drivers could face £1,000 fines for failing to update the photo on their driving licence, according to the Driver and Vehicle Licensing Agency (DVLA). The photo on your driving licence needs to be updated every … read more »

Posted in LATEST | Tagged , , , , , , , , , | 4 Comments

US$ 29m set aside to boost health delivery

GOVERNMENT has set aside US$29 million to help improve staffing, specialisation skills among health staff and complete the modernisation of major hospitals and health centres nationwide. Health Minister Joseph Kasonde confirmed the development at a media briefing in Ndola yesterday … read more »

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

$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 »

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

‘2012 bad year for tourism’

THE tourism sector recorded dismal performance last year and failed to attract the targeted one million tourists while its Gross Domestic Product (GDP) contribution was below par, the Tourism Council of Zambia (TCZ) has said. The TCZ said the sector … read more »

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