Tag Archives: Zambia

13Oct/15

Campaign group says women pay the price of Zambia mining expansion

SHINENGENE, Zambia, Sept 15 (Thomson Reuters Foundation) – The women sat quietly in a village church in northwest Zambia, the sun slanting down on their colourful Sunday outfits as they told how life had changed since their chief agreed to handover a tract of land to a foreign firm for a new copper mine, leading to the resettlement of hundreds of families.
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12Oct/15

Copper gains on output cuts but China worries persist

Mining giant Glencore looks to sell copper mines in Australia and Chile to reduce its debt.

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09Oct/15

Africa’s GDP growth to slow to 3.7 pct this year, World Bank

Economic growth is set to slow in Sub-Saharan Africa to 3.7 percent this year from 4.6 percent in 2014, its weakest pace since 2009, mainly due to the drop in commodity prices, the World Bank has said in its latest Africa pulse report.

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07Sep/15

Glencore to suspend dividend, sell new shares to cut debt

Mining and commodities trading firm Glencore announces it will suspend dividends, sell assets and raise $2.5 billion in a new share issue as it aims to cut its debt by a third to $20 billion by the end of next year.

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01Sep/15

Power cuts in Zambia threaten big and small business

Intermittent power supply threatens Zambia’s key sectors of economic growth with business owners experiencing regular power cuts that they say are eating into profits. Mining companies operating in Zambia’s copper belt recently agreed to reduce power usage by between 10 and 15 percent to ease pressure on the national grid after water levels at hydro-electric plants dropped due to drought.

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02Aug/15

India set to become world’s most populous country by 2022

Global population is forecast to reach 11.2 billion in 2100, according to projections in new U.N. population report.

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11Mar/15

Armed mugging of South African reporter caught on camera

A reporter is mugged in Johannesburg by two men, one armed with a gun, as he is about to start a live news bulletin about Zambian President Edgar Lungu’s hospital treatment.
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10Mar/15

Zambians express concern over president’s health

Zambia’s president Edgar Lungu will seek treatment abroad to correct a narrowing of the food pipe that caused him to fall ill on Sunday. Zambians, who lost former president Michael Sata when he died in October last year after an illness are especially concerned about Lungu’s health.
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02Mar/15

Visa and Airtel Extend Mobile Payments to Seven African Countries

BARCELONA, Spain–(BUSINESS WIRE)–Visa Inc. (NYSE:V) and Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Asia and Africa, today announced a partnership to bring innovative mobile payment services to seven markets in Africa including Gabon, Ghana, Kenya, Madagascar, Rwanda, Seychelles and Tanzania.
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