Zimbabwe purchases corn from Ukraine and Zambia as poor rainfall fails harvest

Zimbabwe purchased nearly 650,000 metric tons of corn from Ukraine and Zambia following a poor harvest. Dry climate has also limited grains output in Zambia, where the harvest is anticipated to fall nearly 30% in 2016.

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UK retail chain Poundstretcher shells out $1M to branch out to Zambia

Huddersfield, UK-based retail chain Poundstretcher shelled out $1 million to branch out to Zambia as it begins to beef up its presence in Africa and establish its name as an international brand.

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NamPower to raise USD496 million for grid investment

Namibia Power Corp (NamPower) plans to raise NAD5 billion (USD496 million) to fund the expansion of its transmission networks and power generation over the next five years, according to the firm's managing director.

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New roads enthuses Zambians but unnerves foreign investors

President Michael Sata's drive to upgrade the country's rough roads, which often become impassable in the rainy season, is popular with many Zambians like Moyo. But foreign investors, who must partly fund such ambitious schemes, are less keen on his costly promises and very public dust-ups with business.

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Zambian government cancels work permit of Konkola's CEO

Because of comments considered as arrogant as against the government, the work permit of Konkola Copper Mines CEO has been cancelled and he would be barred entry into the country.

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Zambian government at odds with Konkola Copper Mines

Issues over tax payments and retrenchment of workers caused Konkola Copper Mines to seek court intervention.

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ZCCM Investment Holdings to pay off debt, invest through share sale proceeds

ZCCM Holdings said it would be offering stock for sale to existing stakeholders to help pay off debt and fund new investments.

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Zambia to invest US$410 million in oil refinery to lower fuel costs

Zambia would invest US$410 million to build an oil refinery that could lower the fuel costs.

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Syngenta To Acquire MRI Seed Zambia Ltd and MRI Agro Ltd

Syngenta announced their intentions to acquire MRI Seed Zambia Ltd and MRI Agro Ltd.

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