Zambia Archives - Gambeta News

NAPSA SIGNED US$650M DEAL WITH MOIC TO TRANSFORM ZAMBIA’s LUSAKA-NDOLA DUAL CARRIAGEWAY

Posted on March 29, 2024March 29, 2024 by Gambeta News

The National Pensions Scheme Authority (NAPSA) has inked a momentous deal worth $650 million with Macro Oceans Investment Consortium (MOIC) to kickstart the transformation of the Lusaka-Ndola dual carriageway. In a ceremony marking the signing of the agreement, NAPSA Director General, Muyangwa Muyangwa, disclosed that the ambitious project encompasses the upgrading of the 327-kilometer road, along with the rehabilitation of the 45-kilometer Luanshya-Fisenge-Masangano route. Muyangwa elaborated that under this agreement, Macro Oceans Investment Consortium will…

BARRICK GOLD SHUT DOWN WATER SUPPLY AFTER DISCOVERING URANIUM IN ZAMBIA

Posted on March 21, 2024 by Gambeta News

Barrick Gold says it has found uranium in the drinking water of an open section of its Lumwana copper mine in Zambia, forcing it to halt the water supply and switch to other water sources for its workers in the section. The Zambian mine has become increasingly important to Barrick’s future. The Toronto-based company has announced plans for a US$2-billion expansion at Lumwana to create one of the world’s biggest copper mines, with construction to begin late…

BOSTWANA & ZAMBIA GOVT IN A POWER STRUGGLE OVER KAZUNGULA BRIDGE AUTHORITY

Posted on February 8, 2024February 8, 2024 by Gambeta News

Almost three years after the completion of the Kazungula Bridge, the governments of Botswana and Zambia are reportedly entangled in a silent power struggle over the establishment of the Kazungula Bridge Authority. The project, designed to connect the SADC region from Durban to Kinshasa, has hit a roadblock, leading to potential collapse due to differences between the two countries. Investigations by The Voice reveal that the joint project has strained relations between Botswana and Zambia,…

EU AVAIL US$120M FOR REHABILITATION OF KARIBA DAM IN ZIMBABWE

Posted on October 13, 2023October 13, 2023 by Gambeta News

The European Union (EU) has availed €113 million (about US$120 million) towards the rehabilitation of Kariba Dam as part of its Global Gateway initiative to improve the country’s electricity generation capacity. This was disclosed yesterday during a tour of the project site by EU ambassadors to Zimbabwe and Zambia Jobst von Kirtman and Karolina Stasiak respectively, Energy minister Edgar Moyo and his Zambian counterpart Peter Chibwe Kapala, among other delegates. Zimbabwe and Zambia jointly own…

LUNDA CHIEFTAIN CALL FOR ZAMBIA GOVT. TO WORK ON CHITOKOLOKI ROAD

Posted on August 17, 2023 by Gambeta News

Chief Mpidi of the Lunda speaking in Zambezi has called on government to work on the Chitokoloki road as it is an important road in the district. Speaking when North-Western Province Permanent Secretary Grandson Katambi went to check on him in Chitokoloko mission hospital where he is currently admitted, Chief Mpidi said the current state of the road is a threat to human life. “You have seen for yourself the state of the road leading…

KCM SHUT DOWN NCHANGA COPPER MINES FOR 21 DAYS IN ZAMBIA

Posted on June 28, 2023 by Gambeta News

Konkola Copper Mines (KCM) has shut down its Nchanga Copper Smelter in Chingola for 21 days following a molten metal leakage incident from one of the furnaces. In a media statement, KCM Plc Provisional Liquidator Ms Celine Nair stated that no loss of life or injuries to employees was recorded during the incident which occurred on Monday. She said the shutdown period will be used to conduct repairs to the furnace, before commencing system heating-up…

ZAMBIA AND ANGOLA SIGN DEAL FOR ROAD CONNECTING PROJECTS

Posted on January 13, 2023 by Gambeta News

Zambia and Angola have signed six (6) memoranda of understanding (MoUs) aimed at boosting trade and investment in the two countries. The two countries have signed an MoU on cooperation to facilitate the construction of the Zambia/Angola connection road via the Jimbe border between Zambia’s Ikelengi district in the northwestern province and Angola’s town of Luau. The two nations have also committed to the construction of the Malundo/Sikongo border in the western part of Zambia….

ZIMBABWE AND ZAMBIA TO ESTABLISH AN AGRO-INDUSTRIAL PARK

Posted on August 11, 2022 by Gambeta News

The governments of Zimbabwe and Zambia are holding a validation workshop on the policy, legal and regulatory framework for the establishment of the agro-industrial park between the two countries. The two countries signed a memorandum of understanding last year for the establishment of the agro-industrial park and today’s meeting is expected to decide the framework for the feasibility study among other issues. The process is being done with the support of the United Nations Economic…

AZOP TO BUILD PIPELINE FOR OIL INFRASTRUCTURE

Posted on July 8, 2022 by Gambeta News

The project to build a pipeline to transport oil derivatives from the Lobito refinery (Angola) to the Zambian capital, Lusaka, is still in the feasibility study phase, to approve this oil infrastructure. The project known as the Angola/Zambia Oil Pipeline (AZOP) is also in a period of assessment of economic, technical, and environmental aspects, to make a final decision and define the investment to be applied, according to the Minister of Mineral Resources, Oil and…

ZAMBIA POOR ROAD NETWORK, WHAT NEEDS TO CHANGE

Posted on January 17, 2022 by Gambeta News

Zambia’s biggest hindrances to it’s development has been a poor road network especially in the rural areas where the majority of the poorest of Zambians live. In the urban areas, Zambia can point to some roads and area having just one decent road and that road would be one that just passes through to link to the next town. The World Bank says roads are the arteries through which the economy pulses. By linking producers to…

PRESIDENT EDGAR INSPECTS CONSTRUCTION WORKS OF THE WATER SUPPLY SANITATION INFRASTRUCTURE, ZAMBIA

Posted on August 3, 2021 by Gambeta News

Edgar Chagwa Lungu inspects construction works of the Water Supply and Sanitation Infrastructure under the Integrated Small Towns Water Supply and Sanitation Program in Mbala district, Northern Province. The proposed program is part of the National Urban Water Supply and Sanitation Program (NUWSSP) which Goverment Government of Republic of Zambia is implementing aimed at improving service provision in all urban settlements. The Program aims to increase access, quality and sustainability of water supply and sanitation…

THE NEW KAZUNGULA BRIDGE WILL BOOST REGIONAL INTEGRATION

Posted on May 25, 2021 by Gambeta News

On Monday, 10 May 2021, the Kazungula Bridge Project was officially commissioned by the Presidents of Botswana and Zambia, who applauded the African Development Bank for its work on this transformative project. The 923-meter bridge with two border facilities on either side, is not only a win for Botswana and Zambia, it also contributes to integration in the southern Africa region, and illustrates development cooperation. The bridge and One-Stop Border Posts will support trade…

SMART ZAMBIA SIGNS MOU FOR IMPROVING ICT INFRASTRUCTURE

Posted on January 19, 2021 by Gambeta News

THE National Institute of Public Administration (NIPA) Executive director Royson Mukwena says improved Information Communication Technology (ICTs) infrastructure directly translates into Zambia enjoying some of the benefits of the globalised economy. Speaking during the signing ceremony of a memorandum of understanding between NIPA and Smart Zambia Institute (SZI), Professor Mukwena said training of public sector employees, the private sector and the general citizenry is an investment in human capital and will contribute to sustainable industrial…

BATOKA GORGE HYDRO-ELECTRIC POWER PROJECT

Posted on January 5, 2021January 5, 2021 by Gambeta News

THE Batoka Gorge Hydro-Electric Power (BGHES) whose construction is set to begin in 2022 will be a flagship project in southern Africa in terms of international best standards, the Zambezi River Authority (ZRA) has said. Zimbabwe and Zambia are working towards constructing two power stations on either side of the Zambezi River at Batoka Gorge, which are expected to generate a combined 2 400MW at a cost of about US$5 billion but the project has…

ZAMBIA MOVES CLOSER TO DEFAULT AS IT SKIPS INTEREST PAYMENT

Posted on October 15, 2020 by Gambeta News

(Bloomberg) — Zambia skipped an interest payment on its debt, moving closer to becoming the first African nation to default on dollar bonds since the onset of the coronavirus pandemic. Holders of Zambia’s $3 billion of Eurobonds will vote next week on the country’s request for a six-month interest-payment holiday. A core group of creditors have already rejected the proposal, prompting Zambia to say it won’t be able to service its commercial debts including the…

LAFARGE ZAMBIA VIBE TO SUPPORT TUBALANGE HOSPITAL

Posted on June 23, 2020 by Gambeta News

ZAMBIAN Breweries together with Lafarge Zambia have donated medical supplies worth K100,000 to Tubalange Mini-Hospital in Chilanga from funds raised from the Mosi Vibes At Home online party, which the two organisations partnered on. The donation is part of the ties cemented between Zambia’s largest brewing company and the country’s largest cement producer aimed at fighting COVID-19 at community level to safeguard a healthy nation. “We are delighted that coming together with Lafarge Zambia to…

TAZAMA SEEK FUND FOR PIPELINE UPGRADE

Posted on May 25, 2020 by Gambeta News

Tanzania Zambia Mafuta (Tazama) is seeking for funds to upgrade its pipeline diameter to 12 inches. The fund in question for the upgrade is proposed to be US$400million. Speaking to media, Tazama’s Tanzania Regional Manager, Abraham Saunyama said “What we want is to make the whole pipeline from Dar to Ndola a 12-inch to increase the performance of the pipeline,” He further said having different size diameters along the pipeline hinders the pumping capacity. That…

ZAMBIAN COPPER MINE BAGS USD 1 BILLION CANADIAN CONTRACT

Posted on January 9, 2020January 10, 2020 by Gambeta News

Canada’s First Quantum budgets $1 billion for Zambian copper mine expansion. Canadian miner First Quantum Minerals Ltd is weighing investment of around $1 billion to lift output at Africa’s biggest copper mine in Zambia, despite a feud with state miner Zambia Consolidate Copper Mines Investment Holding (ZCCM-IH) over project funding. The investment would add a decade of life and head off production declines at the Kansanshi copper mine, increasing annual production to 300,000 tonnes over…

ZAMBIA TO KICK START PROCESS FOR IMPORTING ELECTRICITY

Posted on October 25, 2019 by Gambeta News

Zambia’s President Lungu informed his Minister of Energy to start process of importing electricity after ZECO announced rationing power. President Edgar Lungu of Zambia has informed the Minister of energy to start the process of importing electricity. This directive follows after the country was hit with a major electricity problem. The problem came up after state-owned power generating company – Zesco – announced it would be rationing power by as much as 15 hours a…

CONTRACTORS HALT ZAMBIA’s KAFUE GORGE HYDROELECTRIC DAM

Posted on September 26, 2019 by Gambeta News

Sinohydro halt construction of Kafue Gorge hydroelectric dam due to difficulties beyond its control. Construction of Kafue Gorge hydroelectric dam was put on hold by China’s state-owned Sinohydro. The dam was put on hold due to “difficulties beyond its control” according to Sinohydro. The construction which kick-off in 2015 has employed more than 5,000 people. However, it is a major blow as the country is trying to reduce it dependence on other nations. It has also…

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