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Stuart Lisulo
Stuart Lisulo is an experienced journalist with a focus on business news. Email: stuart [at] diggers [dot] news
31 Mar 2021
|
Stuart Lisulo
KCM abrogating Electricity Act by refusing to pay us – CEC
KONKOLA Copper Mines Plc (KCM) is still receiving electricity from the Copperbelt Energy Corporation (CEC) without paying for the commodity, contrary to the Electricity Act, says CEC chief financial officer Mutale Mukuka. And Mukuka says […]
30 Mar 2021
|
Stuart Lisulo
Beene takes over from Mateyo as Chamber of Mines president
THE Zambia Chamber of Mines has elected its new president, Dr Godwin Beene, the First Quantum Minerals (FQM) government relations specialist, taking over from Goodwell Mateyo. And Dr Beene, a former Ministry of Mines permanent... […]
29 Mar 2021
|
Stuart Lisulo
West Indian bank buys 24% stake in Investrust
THE Bank of Nevis International Limited, a commercial bank operating on the West Indian island of St. Kitts and Nevis in the Caribbean, has bought a 24 per cent shareholding in Investrust Bank Plc, becoming […]
29 Mar 2021
|
Stuart Lisulo
KCM pays employees redundancy packages following mining company split
KONKOLA Copper Mines Plc has announced that the first instalment of staff redundancy packages due to employees who had crossed over to the newly-created SmeltorCo Limited and Konkola Mineral Resources Limited were paid on March […]
28 Mar 2021
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Stuart Lisulo
IMF to resume virtual discussions with Zambia on March 30
ZAMBIA and the International Monetary Fund (IMF) will resume virtual discussions on the outstanding issues relating to the economic bailout package on Tuesday, March 30 and continue into the first two weeks of next month. […]
22 Mar 2021
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Stuart Lisulo
No job losses once we take over Mopani – ZCCM-IH
MOPANI Copper Mines Plc has no plans to make any employee redundant once ZCCM-IH takes full ownership from March 31, 2021, says acting chief executive officer Charles Sakanya. And Sakanya has insisted that ZCCM-IH’s imminent […]
17 Mar 2021
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Stuart Lisulo
Zambian Breweries profits dwindle to K6m
ZAMBIAN Breweries Plc has posted reduced profit after tax of only K6 million in its financial year period ending December 31, 2020, mainly triggered by higher costs of production and the devastating impact of the […]
17 Mar 2021
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Stuart Lisulo
Zanaco’s operating income soars to K2.3bn
ZANACO Plc has posted increased operating income of over K2.3 billion during its financial year period ending December 31, 2020, mainly boosted by higher returns from lending, which grew by 53 per cent. In a […]
8 Mar 2021
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Stuart Lisulo
Mopani, KCM takeover won’t increase copper productivity – Musokotwane
GOVERNMENT’s takeover of Mopani Copper Mines and Konkola Copper Mines will not increase the mining companies’ copper productivity because the move is politically-motivated and will deter the much-needed fresh capital to expand operations, says UPND […]
8 Mar 2021
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Stuart Lisulo
KCM’s electricity bill to CEC increases to $155m
KONKOLA Copper Mines Plc (KCM) now owes Copperbelt Energy Corporation (CEC) an outstanding US $155 million electricity bill, up from around US $150 million by the end of September last year. According to a market […]
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