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Norway agreement to boost Zambia mining revenues

Norway agreement to boost Zambia mining revenues

LUSAKA  - ZAMBIA has intensified measures to monitor tax revenue administration to promote transparency in the mining sector. This follows the signing of a whopping K39 million grant agreement between ...

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Ex-UK premier set for Mining Indaba

Ex-UK premier set for Mining Indaba

JOHANNESBURG – FORMER United Kingdom Prime Minister, Tony Blair, will deliver the keynote presentation at this year’s Investing in Africa Mining Indaba, organizers said. The event scheduled for Februa ...

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Kenya seeks funds to grow power sector

Kenya seeks funds to grow power sector

NAIROBI – KENYA requires $2 billion (Sh182,5 billion) to generate an additional 5 000 megawatts of electricity in two years. The government would start initiating a proposed 960 MW coal power plant in ...

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Zimbabwe engages private players to ease power outages

Zimbabwe engages private players to ease power outages

MASVINGO - ZIMBABWE has invited private firms to step up efforts to increase power generation through ongoing multimillion dollar projects. The Zimbabwe Power Company said it had embarked on least cos ...

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AngloGold to shed thousands of jobs

AngloGold to shed thousands of jobs

ACCRA – ANGLOGOLD Ashanti, Ghana’s largest gold mining company, is set to retrench more than 5 000 workers next week due to viability challenges. AngloGold Ashanti and the workforce are in agreement o ...

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Australian firm upbeat at Kenya prospects

Australian firm upbeat at Kenya prospects

NAIROBI – PANCONTINETAL Oil and Gas, the Australian firm, expressed optimism at the prospects of its operations in Kenya. “In Kenya the excitement over the Sunbird-1 well results continues with ongoin ...

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Ghana to construct gold refineries

Ghana to construct gold refineries

ACCRA – GHANA is set to construct two new gold refineries in a move aimed at adding value and processing the precious stone before exporting. Addressing Ghanaians at Worcester in Boston, Massachusetts ...

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