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Partnership formed to pursue 120-MW Zambia hydropower project

11th June 2010 The Zambia Electricity Supply Corporation (Zesco) has forged a joint venture agreement with South Africa-based Tata Africa Holdings for the construction of a $300-million, 120-MW hydropower station at Itezhi-Tezhi, about 260 km south of the Lusaka, the capital city. 

Chinese loan for struggling Tanzania, Zambia rail link

29th January 2010 The government of China has advance a $39-million interest-free loan to the financially embattled Tanzania-Zambia Railways Authority (Tazara) $39-million for the revival of its operations. 

SA contract miner clinches Zambia deal

2nd October 2009 Zambia’s largest copper producer, Konkola Copper Mines (KCM), has engaged South African mining contractor Moolmans to undertake mining operations at its Chingola openpit A. 

Chinese group to invest $3,6bn in Zambian copper exploration, mining projects

31st July 2009 The Zambian government last week signed a deal with China’s Zhonghui Mining Group, in terms of which the mining giant, reportedly the biggest Chinese private-sector investor in Southern Africa, will invest $3,6-billion in mining and exploration in Zambia’s Copperbelt and North Western provinces... 

Zambian exporters eye Walvis Bay port

5th June 2009 Following the announcement by the Namibia Port Authority (NamPort) that it is to invest R1,3-billion to expand the Port of Walvis Bay, Zambian importers and exporters have said this port will be a preferable alternative to other ports in Southern Africa. 

Zambia Finalises Uranium Regulations

29th May 2009 Zambia has finalised legilsation that enables it to start issuing uranium-mining licences, Mines Minister Maxwell Mwale has announced.  

Zambian, DRC firms in electricity interconnector deal

10th April 2009 Copperbelt Energy Corporation (CEC), the sole distributor of electricity to the major mines in Zambia, will this year embark on the construction of a double-circuit 220-kV interconnector between the country and the Democratic Republic of Congo (DRC), at a cost of $14-million.  

15 companies vying to develop Zambia hydropower project

3rd April 2009 The International Finance Corporation (IFC) says 15 companies have expressed an interest in developing the Kafue Gorge Lower (KGL) hydropower scheme, in Zambia, and that the winning bidder will be selected within the next 12 months. 

Konkola to go ahead with $500m investment despite credit crunch

20th February 2009 Zambia’s Konkola Copper Mines (KCM), a unit of India’s Vedanta Resources, is to forge ahead with its previously announced $500-million investment in the Konkola Deep Mining Project (KDMP) despite the global recession and the slump in copper prices. 

Singapore’s Nava Bharat named 
Maamba colliery equity partner

13th February 2009 Singapore’s Nava Bharat has been named the strategic equity partner in Maamba mine, Zambia’s largest coal producer, shrugging off competition from local and foreign companies, among them India’s Vedanta Resources and London-based Aldwych International. 

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