A Zambian firm, Basali Ba Liseli Resources (BBLR) is to construct a $1.5 billion oil pipeline from New Lobito Oil Refinery in Angola to Kapiri Mposhi in Zambia to provide a reliable and sustainable supply of finished petroleum products. BBLR plans to work with the governments of Angola and Zambia in this project with collaboration of financing institutions and strategic technical partners in initially constructing a 2 000 km pipeline from the oil refinery in Lobito to Kapiri Mpshi to transport a minimum of 25 000 barrels daily of refined petroleum products (12.5 percent of the proposed refinery’s capacity). The... Continue Reading
The second ApiTrade Africa ApiExpo is scheduled for Lusaka, Zambia from October 26 – 29, 2010 at the Taj Pamodzi Hotel. This premier honey industry event follows the first-ever All-Africa ApiExpo held in Kampala, Uganda in October 2008 under the theme ‘Promoting trade and investments in the African honey industry’. This year’s Expo will be held under the theme: ‘The role of beekeeping in attaining food security in Africa’. The main aim is to showcase the continent’s apiculture industry by creating awareness on market opportunities, investment opportunities and demonstrate clear relationships between beekeeping and other industries such as tourism (hotel... Continue Reading
The 2008 financial crisis brought to the fore Southern Africa’s inadequate power capacity and its potential to undermine the region’s economic growth. As a result, many governments in the region have launched plans to expand their power generation capacities. The South African Power Pool (SAPP) estimates that projects that will be commissioned between 2009 and 2013 will add another 13 584MW of capacity to the power pool which would be adequate to satisfy projected demand. But energy experts say that plans to expand energy generating capacities present two limitations. First, many of the proposed projects are not realistic. “Many of... Continue Reading
By Nosimilo Ramela – Female leaders in business and politics came together at the inaugural Women’s Legacy Dialogue on 13 August 2010 to discuss ways in which South African women can bring about meaningful change in the country. The event, held at the Sandton Sun Hotel in Johannesburg, took place in the context of Women’s Month. Celebrated every year in August, Women’s Month pays tribute to the more than 20 000 South African women who marched to the Union Buildings on 9 August 1956 to protest against unjust pass laws, which enforced racial segregation. Nowadays that date is a public... Continue Reading
HARARE, 23 August 2010 (IRIN) – An auction of Zimbabwean diamonds has created an air of expectation that the country’s economic plight will be eased or even improved, but the stones realized as little as a fifth of their value, and most of the proceeds are expected to benefit controversial mining companies. The Kimberley Process Certification Scheme – an initiative to prevent conflict diamonds from entering the multibillion dollar global market – allowed Zimbabwe to sell diamonds from the Chiadzwa area of Marange in Manicaland Province. The diamond fields – reputedly the largest find in a century – have been... Continue Reading
