Zambian Cattle Ranching could become a major foreign exchange earner. Read More!
The cost of Zambian fertilizer will continue to impact negatively on the food security. Here are the reasons why this is so…
The New Kapiri Fertiliser
Plant is to start producing new organic fertilizer known as Extrasol. This was revealed in a deal worth US $20 million signed by the Zambian government and Agrobiotech International limited of Russia.
It was on 18th April 2011, that Hybrid Poultry Farm celebrated its 50th anniversary. First, incorporated on 18th April 1961 in Northern Rhodesia – it is order than the Republic of Zambia, which got its independence in 1964!
Biodiesel In Zambia?
With the current power shortages,high oil prices, and black-outs, it will be a welcome
Bio-ethanol is another fuel
alternative to be developed soon in Lusaka by CLEF Africa Energy Limited,
Zambian owned company.
Zambian energy is largely hydroelectric and the country has a huge potential. The state-owned
Zambia Electricity Supply Corporation (ZESCO) is in charge of the provision of electricity
throughout the country. However, electricity is not readily available in most Zambian households, especially in the
The country is highly dependant on revenue from the Zambian copper mines and any fluctuations
in the price of the commodity on
the international market reflects on the economy. In short, the economy of Zambia is mostly
driven by global trends in copper
prices. As it is, the country’s quick recovery from the effects of the global economic crisis
was mainly attributed to an upward
shift in the prices of the commodity on the international market.
These rising prices are being complimented by similar upward shifts in copper output. In the first half of 2010, copper output rose by 10.2 percent to 363,682 metric tones. At the end of the year it rose to 750,000 tonnes. Compare this with 330,125 metric tones in 2009.
In the year 2011, the country’s copper production is projected to rise to 850,000 tonnes.
New mines such as Lumwana Copper Mines and Kansanshi mines in north-western province, Mkushi in the central province and Mulyashi open pit mine in Luanshya on the copper belt province and others are pushing up total production.
On the other hand, old mines like the Baluba mines in Luanshya, Nchanga in Chingola and several other mines are being re-equipped to revamp production to capacity in the economy of Zambia.
The new wave of demand for copper on the international market is being fuelled by the increasing demand from emerging and developing economies of Asia, in particular China. And this demand in copper has led to a number of new investments in the
There is also Albidon’s Munali Nickel mine in Mazabuka, the first ever Nickel mine in Zambia.
After investing about $124 million, the Mine opened in July 2008. On 3rd March 2009, the Mine was put under care and maintenance, rendering 350 Albidon and contractor employees redundant.
Albidon stated that the suspended production was due to the collapse in nickel price which slumped 56% since its opening in
July 2008. On 26th March 2010, Munali Nickel Mine
was re-opened again.
On 8th July 2011 Maamba Collieries,the largest producer of coal in Zambia was reopened again, this time by President Rupiah Banda.
A new Mkushi Copper Mine is to be opened in
Mkushi district and is to be named as Mkushi Copper Joint Venture Limited...