By Elias Mhegera – Small miners in Tanzania have called for the government to give them enough space so that they can make positive contribution in the nation’s economy. This call was part of the deliberations made after a three days capacity building for small miners that was organized by three NGOs namely Policy Forum, HakiMadini and Interfaith Standing Committee for Economic Justice and Integrity at the Ubungo Plaza. Listening to various experiences from best practices namely from Ghana and South Africa they resolved that they will find ways so as to strengthen their organizations and face their challenges more... Continue Reading
Steenkampskraal Thorium Limited (STL) is a South African registered company in the business of beneficiating Thorium as a clean, safe energy resource. Founded in 2011, Steenkampskraal projects include commercialising the TH-100 which is a 35 MW Thorium-fuelled gas-cooled pebble bed reactor. The TH-100 project is a Generation IV Reactor and associated fuel plant which can be built and commissioned within the next 5-10 years. The same TH-100 reactor can be configured to cater for a variety of applications: – Electricity generation using a standard off the shelf steam turbine generator, – Process heat for use in chemical plants, paper mills or petrochemical plants,... Continue Reading
By Nawa Mutumweno – Zambia’s telecom parastatal, ZAMTEL, has partnered with the Zambia National Broadcasting Corporation (ZNBC) and Muvi TV to enable its customers view live streaming television content on their Android-powered 3G capable mobile handsets. Launching the innovative product recently, ZAMTEL chief marketing officer Envans Muhanga disclosed that subscribers wishing to access ZAMTEL mobile TV will require an Android mobile handset that supports 3G and an internet browser or a video player that supports Real Time Streaming Protocol (RSTP)). The facility allows ZAMTEL subscribers to watch their favourite ZNBC and Muvi TV programmes such as news, sports, documentaries and... Continue Reading
By Nawa Mutumweno – Government has released ZMK42billion in the continued process of recapitalising the cash-strapped the fertilizer manufacturing firm, Nitrogen Chemicals of Zambia Limited (NCZ). According to a media release issued by the Ministry of Finance (MOF) public relations unit, of the funds released ZMK25 billion is strictly for the purpose of commencing the rehabilitation of the Kobe Ammonium Nitrate Plant 1 and re-commissioning it in order to facilitate local production of industrial explosives. This intervention is in line with the government’s commitment towards improvement of local productive capacity and job creation through industrialisation. ‘’The remaining ZMK17 billion is... Continue Reading
By Nawa Mutumweno – President Michael Sata has expressed profound gratitude to the international investor community for the massive support for the country’s first sovereign bond. This is testimony of the confidence placed in Zambia by financial institutions in the United States, Europe and Asia, resulting in the bond realisation of $750 million, exceeding the $500 million which was originally planned, according to a statement by President Sata’s special assistant for press and public relations George Chellah. ‘’The achievement of the first bond being oversubscribed establishes Zambia as a very credible investment destination and that our country has a vibrant... Continue Reading
