By Nawa Mutumweno – The Common Market for Eastern and Southern Africa (COMESA), Eastern African Community (EAC0 and Southern African Development Community (SADC) are working on harmonizing programmes in key areas. These encompass rules of origin; services; intellectual property rights, dispute settlement, climate change, trade remedies; and standards. This is according to COMESA secretary general Sindiso Ngwenya who was speaking when he opened the second COMESA-EA-SADC tripartite technical meeting on standards, metrology, accreditation and conformity assessment in Lusaka on Tuesday, October 25, 2011. During the second summit held in Johannesburg, South Africa recently on deepening the tripartite integration, Mr Ngwenya... Continue Reading
Publish Date: Saturday, October 29th 2011 |
By Nawa Mutumweno – Zambia, this year’s hosted AGOA in June, recording impressive strides in foreign direct investment (FDI) despite the credit crunch that ravaged the global economy in 2009.AGOA is the legislation that provides eligible sub-Saharan African countries with the most liberal duty access to the US market of any country with which the US does not have a free trade agreement. The 2011 gathering in Lusaka marked the tenth year that government officials, business leaders, and civil society from African countries and the United States converged to promote trade, business and investment opportunities that sustain economic development in... Continue Reading
Publish Date: Friday, September 30th 2011 |
By Nawa Mutumweno – Konkola Copper Mines (KCM) has recorded about $309 million operating profit for the year ended March 31, 2011. Information obtained from the owner of the mining firm, Vedanta Resources of India, says during the same period last year, the mining giant recorded $32 million. Earnings Before Interest, Taxes, Depreciation and Armotization (EBITDA) for the year ended March 31, 2011 stood at $440 million. The preliminary financial results show that the EBITDA for KCM rose from $151.8 million for the year ended March 31, 2010 to $439.9 million during the just-ended year. This rise has been attributed... Continue Reading
Publish Date: Saturday, May 28th 2011 |
Dar es Salaam, Tanzania. African countries are increasingly engaging in the development of ICT-based solutions for education and training, according to Dr Mohammed Gharib Bilal, Vice President of the United Republic of Tanzania. Opening Africa’s leading conference on ICT-supported education, eLearning Africa, in Dar es Salaam on May 25, Dr Bilal said, “We are now witnessing increasing investments in ICT on our Continent, the enthusiasm of the youth in adapting new technologies and bridging the geographical barriers brought by fast changing converging technologies. These initiatives attest to the fact that Africa is now moving from being a spectator to a... Continue Reading
Publish Date: Friday, May 27th 2011 |
By Nawa Mutumweno- The Zambia Honey Partnership (ZHP) is to hold the fourth Annual Honey sector Stakeholders Forum at Lothian House in Kitwe from April 27 – 28, 2011. The Partnership, which is chaired by the Organic Producers and Processors Association of Zambia (OPPAZ), is providing a rational approach, by both the public and private sector, in promoting sustainable social and economic growth of the country’s emerging honey industry. Since its inception Annual Meeting of February 2008, sponsored and facilitated by SNV Zambia, NORAD and CORDAID, the platform has scored many successes including the following:- development of a coordination framework... Continue Reading
Publish Date: Monday, April 11th 2011 |
