Thursday, 26 February 2015

Zambia -Tanzania agree to work on TAZARA's detriorated balance sheet.



Zambia and Tanzania have agreed to continue working on the balance sheet of tazara whose asset base has deteriorated and made it less attractive to private investors.

$300million expected to be invested in nansanga farm block



the zambia development agency expects about $300million worthy of investment in the 110,000 hectares nansanga farming block.
zda acting director general henry sakala said nansanga in central, luena in luapula and lusuwashi farm blocks on the copperbelt province are part of government diversification programme.
mr sakala said government expects that once the farm block is developed, local people will benefit through employment and  access to various out-grower scheme companies among other things.
‘’so far  over  350  zambians have offered land and are likely to benefit from the outgrowers scheme which government has set up in the area” said mr sakala
Nansanga farm block is a 110,000 ha land located in Serenje District.
The majority of the people currently settled in the Nansanga Farm Block area are small scale producers who will be resettled and allocated between 30-50 hectares of land.
The Core Venture will be the centre for industrial development of the area as it will provide the marketing thrust by purchasing the major products in the farm block and adding value for local and export markets.

Wednesday, 19 February 2014

Lusaka High Court adjourns an inter parte appeal hearing of Zambezi Resources 100% owned Kangaluwi Copper Project in the Lower Zambezi National Park until 5 March 2014.

The Lusaka High Court has adjourned an inter parte appeal hearing of Zambezi Resources 100% owned Kangaluwi Copper Project in the Lower Zambezi National Park until 5 March 2014.

Wednesday, 12 February 2014

PPAZ to spend 1million kwacha in training 250 safe motherhood personnels to carry out a 3years project



Planned Parenthood association of Zambia (PPAZ) plans to spend 1million kwacha to train 250health personnel’s in the country that will carry out a three years health project under the organization.

Standard Chartered Private Equity the Investment Division Of Standard Chartered Bank Commits A Further $15million To Existing Portfolio Company And Bank Client, Afri-Fresh Group Limited.



Standard Chartered Private Equity The Investment Division Of Standard Chartered Bank Has Committed A Further $15million Equivalent To 150 Million Kwacha To Existing Portfolio Company And Bank Client, Afri-Fresh Group Limited.

Tuesday, 11 February 2014

PPAZ calls for the dissolution of NAC



PLANNED PARENTHOOD ASSOCIATION OF ZAMBIA (PPAZ) HAS CALLED FOR THE DISSOLUTION OF THE NATIONAL AIDS COUNCIL (NAC) FOR FAILING TO ADDRESS VARIOUS HEALTH ISSUES WHICH COULD HAVE MADE THE COUNTRY ATTAIN THE MILLENNIUM DEVELOPMENT GOALS NUMBER 4, 5 AND 6 BY 2015.

Tourism and Arts minister sylvia masebo and Council Churches in Zambia reject lands minister Harry kalaba'S decision to mining in the lower zambezi.



The ministry of tourism and arts is against the decision by the ministry of lands, environment and natural resources to issue a mining license to an Australian investor, mwembeshi resources under the parent name of Zambezi resources in the lower Zambezi.