Search Results for: Zambia

BY RICHARD HURST, in Johannesburg

THE PAINT and coatings industries in the Southern African states of Botswana, Namibia, Zimbabwe, Swaziland, Lesotho and Zambia are closely linked to that of the regional economic giant South Africa in the that the major manufacturing plants are located in the industrialised area of South Africa’s Gauteng province with branch offices in the neighbouring states acting as agents for the parent companies in South Africa.…

BY STEVEN SWINDELLS, in Johannesburg

DROUGHT-HIT and AIDS-ravaged southern Africa is faced with a looming humanitarian crisis with almost 12 million people in need of food aid. But genetically modified (GM) crops remain off the menu for most African governments who remain reluctant to allow their farmers to do business with GM giants Monsanto and Syngenta.…

BY KEITH NUTHALL

THE MULTILATERAL Investment Guarantee Agency, or MIGA, is the international organisation companies turn to when they want to invest in a jurisdiction where their assets might not be that safe. Mining companies have long used MIGA to cover risks that are too tasty for the private insurance industry, and the agency has issued 58 guarantees for the sector since it was formed in 1988.…

BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) has drawn up plans to lend up to Euro 50 million to Zambia’s Mopani Copper Mines Plc (MCM), to help it rebuild and modernise the Mufulira Copper smelter. The project, said an EIB memorandum, would involve the installation of a new primary smelting furnace, a matte settling furnace, a sulphuric acid plant, an oxygen plant and an update of the associated infrastructure.…

BY KEITH NUTHALL
HIV and AIDS are savagely shrinking life expectancy rates in southern Africa, said the United Nations Development Programme (UNDP). In Zambia, 32.7% HIV infection rates for adults aged 15-49 has cut average mortality ages from 47.4 in 1990 to 32.7 in 2002.…

BY KEITH NUTHALL
HIV and AIDS are so-ravaging southern Africa that local life expectancy rates are tumbling to where 30-year-olds are considered old men. The United Nations Development Programme (UNDP) has reported cataclysmic falls in life expectancy in Zambia, where 32.7% HIV infection rates for adults aged 15-49 has cut average mortality ages from 47.4 in 1990 to 32.7 in 2002.…

BY RICHARD HURST
THE WORLD Bank and the Nordic Development Fund have announced that they will be donating US$52 million to Zambia to tackle environmental problems associated with its copper and cobalt mines. Ohene Nyanin, World Bank country manager in Zambia said that the funds would be used to strengthen existing regulatory and institutional frameworks to improve mine compliance with environmental guidelines.…

BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) has drawn up plans to lend Canada’s First Quantum Minerals Ltd up to Euro 50 million to help develop a new open pit copper mine in north-western Zambia and an associated dedicated power supply.…

BY KEITH NUTHALL
A SUPERMARKET boom in sub-Saharan Africa is raising standards in food production and distribution, which many small producers struggle to meet, said the United Nations’ Food and Agriculture Organisation (FAO). It says the growth of mass retail in South Africa, Kenya, Zimbabwe, Zambia, Namibia, Botswana and Swaziland is having “a direct impact on the lives of millions of small farmers.”…

BY RICHARD HURST
ZAMBIA’S Konkola Copper Mines (KCM) has announced that it expects its copper cathode production to increase to 300,000 tons per year in 2004, due to the 50,000 tons which will be produced from the residues of its Nchanga operation.…