By Nawa Mutumweno – Over 6 000 farmers are expected to attend a farmers agro-tech expo on latest technologies and techniques in agriculture. The Zambia National Farmers Union (ZNFU), in partnership with Musika and Golden Valley Agricultural Research Trust (GART), is expected to host the meeting at GART in Chisamba from April 4 – 5, 2014. Over 20 companies have already confirmed participation and more are expected to come from Zambia and abroad, ZNFU media liaison officer Calvin Kaleyi said recently. ‘’ZNFU will for the first time host a farmers’ agro-tech expo in partnership with Musika and Golden Valley Agricultural... Continue Reading
Publish Date: Wednesday, February 26th 2014 |
By Nawa Mutumweno – Zambia’s finished copper production is expected to double to 1.4 million metric tonnes in the next four years, the Chamber of Mines of Zambia has disclosed. According to the chamber’s president Emmanuel Mutati, with the projected rise in the country’s major export commodity production levels, the mining industry will be able to pay more in terms of taxes to Government. ‘’Since 2000 when production levels had been at 250 000 metric tonnes of finished copper, we are back again where we used to be at 700 000 metric tonnes of production levels in the 1970s,’’ Mr Mutati... Continue Reading
Publish Date: Monday, February 10th 2014 |
By Nawa Mutumweno – Kapiri Glass Products is scheduled to resume operations in July this year after the successful recapitalisation of the company. The glass factory, which will operate under a new name called Kapiri Glass Manufacturing (KGM) Limited, is expected to create over 200 jobs for the locals once fully operational. According to KGM general manager Sunil Malik, the firm is currently installing equipment at the plant to replace obsolete ones. The new equipment will enable the company produce over 75 tonnes of glass per day. ‘’We will be producing about 21 000 tonnes of glass and 20 million... Continue Reading
Publish Date: Friday, February 7th 2014 |
By Nawa Mutumweno – The African Development Bank (AfDB) has commissioned the Zambia Institute for Policy Analysis and Research (ZIPAR) to undertake a study on the private sector profile for the country. The study will enable the bank plan efficiently on how best it can provide support to the public sector in implementing developmental projects, AfDB resident representative Freddie Kwesiga said in Lusaka recently. ‘’Once completed, the Zambia Private Sector Profile will provide specific proposals on how the AfDB could support the private sector as well as offer insights on opportunities for partnership with other institutions providing financial and technical... Continue Reading
Publish Date: Wednesday, February 5th 2014 |
By Nawa Mutumweno – The Tanzania-Zambia Railway Authority (TAZARA) board has approved a five-year strategic plan (2013 – 18), with a budget outlay of $211 million to meet the company’s recapitalisation and working capital. And the firm projects to grow its annual revenue to $122 million in 2018 from $48 million in 2013 with the increase in traffic volumes. According to TAZARA head of public relations Conrad Simuchile, from the $211 million budget outlay, about $177 million will be used to enhance capacity in critical areas of operations. ‘’As directed by the shareholding governments (Tanzania and Zambia), the strategic plan... Continue Reading
Publish Date: Wednesday, February 5th 2014 |