Wal-Mart applies to operate in Zambia Published by Staff Writer on 17 January 2011 US-based retailer Wal-Mart Stores has applied to Zambia’s Competition and Consumer Protection Commission to buy Massmart Holdings’s operation in the southern African country, Bloomberg reported.
Dangote Group president outlines reasons for its investment in Zambia Published by Staff Writer on 17 January 2011 Zambia’s high level of urbanisation as well as the government’s efforts to reduce dependence on copper, has motivated Nigeria’s Dangote Group to build a cement factory in the country.
Zambia copper output to exceed 740,000 tons this year Published by Staff Writer on 10 January 2011 Zambia’s Finance Minister Situmbeko Musokotwane says the country’s copper production is likely to exceed 740,000 tons in 2011.
Zambia seeking partners in mining sector Published by Staff Writer on 5 January 2011 Zambia Consolidated Copper Mines Investment Holdings Plc said in an advertisement today in the Lusaka-based Post newspaper that it is looking for local and foreign partners to help it explore for commodities across six prospecting licences.
The reasons why Astral Foods decided to boost its investment in Zambia Published by Jaco Maritz on 8 December 2010 Astral Foods recently opened a broiler breeding farm and hatchery in Zambia. Jaco Maritz talks to Astral’s Roedolf Steenkamp about Zambia’s poultry industry.
US firm signs $15.4 million funding deal for Zambia safari lodge Published by Claude Harding on 15 November 2010 Orlando-based Capital Corp Merchant Banking has announced it has signed a formal investment proposal with Zambia’s Playland Limited to create the Cresta Mukuni Safari Lodge Victoria Falls.
Zambia to build 12,000 houses through public-private partnership Published by Staff Writer on 13 November 2010 The Zambian government has announced a programme to build a minimum of 12,000 housing units across the country.
Researcher highlights Zambian growth potential Published by Claude Harding on 7 October 2010 Positive investment scenarios are opening up in Zambia, according to pan-African financial services group Imara.
Recovering copper prices to positively impact Zambian economy Published by Imara Africa Securities team on 1 October 2010 Zambia’s economy went through a difficult patch when the global crisis hit and the demand for commodities fell with the resultant impact on prices.
Protea Hotels to build 15 new hotels in Zambia Published by Staff Writer on 26 September 2010 Protea Hotels Zambia is to construct 15 new hotels in Zambia, according to a report in the Times of Zambia.
Bank rethinking agricultural finance in Zambia Published by Staff Writer on 10 August 2010 Twelve months ago financing agriculture in Zambia was not seen as a core offering of Standard Bank and not much attention was paid to it.
Vale to invest in Zambian copper mine Published by Staff Writer on 15 July 2010 Brazilian mining firm, Vale, plans to invest US$400 million in the Konkola North copper project, which is expected to start production by 2013.
South African firm invests in Zambia poultry facility Published by Staff Writer on 13 July 2010 Astral Foods, a South African integrated poultry producer, has opened a new state-of-the-art broiler breeding farm and hatchery in Zambia.
Chinese investment in Zambia questioned Published by Staff Writer on 18 May 2010 The leader of Zambia’s main opposition Patriotic Front (PF) party says the government’s announcement of a US$1 billion Chinese investment to help build an electric power plant is a “cheaply conceived” ploy to garner votes ahead of next year’s general elections.