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Sun,19Nov2017

Zambia

Zambia's Lungu wins disputed polls

Zambia's president Edgar Lungu led in nearly complete results from an election whose vote-counting process has taken days and prompted opposition allegations of irregularities. Photo©Moses Mwape/AP/SIPAZambian President Edgar Lungu has been re-elected after another close poll amid protests by the opposition that the August 11 vote was rigged.

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Zambians vote in fourth elections in ten years

Zambians queue to cast their votes at a polling station in Lusaka, Thursday, Aug. 11, 2016 in a tight election race for president and parliament that has been marred by violence between rival factions. Photo©Moses Mwape/AP/SIPAMillions of Zambians have headed to the polls to decide who will lead the southern African nation and Africa's second-biggest copper producer for the next five years.

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Zambia's high stakes elections

Zambia's incumbent President, Edgar Lungu. Photo©Alberto Pizzoli/AP/SIPAA new electoral process, rapidly shifting political allegiances, the intensity of political campaigning, unprecedented levels of political intimidation and a weak economy have all contributed to raising the political temperature in Zambia, as the country goes to the polls on 11 August.

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Glencore halts Zambia copper mine output after deaths

Glencore's Zambian Mopani Copper Mines (MCM) has halted production at all its operations after four miners were killed in separate accidents, a company official said on Friday.

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Telecoms: Vodafone, Afrimax to launch data services in Zambia

Photo©ReutersVodafone Group said on Monday it will launch its high-speed mobile data services in Zambia jointly with unlisted telecoms provider Afrimax, tapping growing demand for data-heavy services on the continent.

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Energy: Zambia shortlists bidders to build solar plants

Photo©AP/SIPAZambia has shortlisted bidders to build two large-scale 50 megawatt (MW) solar power generation plants as the nation battles a power deficit which threatens industrial output.

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Big and small affairs at the second day of the AfDB's Annual Meeting

Sierra Leonean Kelvin Doe built his own radio station out of electronics waste at age 13 The African Development Bank's (AfDB) Annual Meeting in Lusaka got its official start on its second day and confirmed the principle that big personalities mean big waiting around.

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Zambia: Electricity generation problems to be resolved in 3 years

Zambia's President Edgar Lungu. Photo©Philippe Wojazer/AP/SIPAThe drought-induced power generation problems that have hit Zambia will only be resolved in three years, President Edgar Lungu said on Tuesday.

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AfDB Lusaka meeting off to a very Rwandan start

AfDB President Akinwumi Adesina. Photo©ReutersThe first day of the African Development Bank's Annual Meeting in Lusaka hit on the major themes that president Akinwumi Adesina has been pushing in his first term.

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Ebola, drought, commodity price slump dent Sub-Saharan Africa economic growth

File photo©Rio Tinto/AP/SIPAEconomic growth in sub-Saharan Africa will likely slow this year to its weakest in nearly two decades, hurt by a slump in commodity prices, the Ebola virus outbreak and drought, the IMF said on Tuesday.

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Africans investing in Africa

Leading the pack – from left to right: Gavin Dalgleish - ILLOVO, Ismaïl Douiri - ATTIJARIWAFA Bank, Ade Ayeyemi - ECOBANK, Tabitha Karanja - Keroche Breweries. Photo©Martin rhodes/Gallo Images/Getty Images; Attijariwafa; Guilhem Alandry Documentography for JA; Noor Khamis/ReutersAfter a day and a half of high-level discussions at an Africa investment conference, Arnold Ekpe, non-executive chairman of financial services holding firm Atlas Mara and former chief executive of Ecobank, sounds slightly exasperated. "African countries are not doing enough for themselves," he says. "I have been going to conferences like this for 20 years. We have to move from talk to action."

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A time for alliances in Zambia

President Edgar Lungu says the party alone could not marshal the votes for an outright presidential victory. Photo©ReutersPolitical parties are scrambling for allies ahead of the august polls.

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Growth: After the crash, the fightback

Image©Francesca Capellini for TARSierra Leone, which earns 85% of its foreign exchange from mineral exports, has been devastated; economies as big as South Africa's and Nigeria's are also struggling. Now, leaders and activists are trying more nationalist tactics against the resource curse.

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Electricity: Zambia to add 420 MW to grid this year

Photo©ReutersZambia is seeking to halve its deficit in electricity by adding 420 megawatts (MW) to the national grid this year due to new generation projects, the head of its investment agency said on Tuesday. 

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Banking: Barclays Africa tumbles as British parent signals exit

File Photo©ReutersSpeculation that Barclays could be withdrawing from Africa after almost a century there sent shares in its business Barclays Africa Group tumbling on Monday.

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Mining: Zambia approves price-based royalties for copper mines

Zambia's cabinet has approved a new royalty system that varies depending on the copper price as Africa's second-biggest producer seeks to keep struggling mines open and limit job losses, government said on Wednesday.

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Zambia sees higher economic growth on improved power supply

Zambia's economy is expected to expand by 3.7 percent this year, largely stable from last year but could grow more than four percent in 2017, the deputy finance minister said on Wednesday.

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Trade: As EU sugar quota ends, African producers to shift sales to domestic markets

File photo©ReutersSub-Saharan African sugar producers will shift sales to growing regional and domestic markets when exports to the European Union become less attractive after production quotas are dismantled in 2017, industry sources and analysts said last week.

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Plentiful polls across Africa in 2016, as old guard hold on to power at all costs

GIANLUIGI GUERCIA/AFPThe year 2015 hosted a bumper crop of high-stakes elections, and 2016 brings more of the same. A major trend involves presidents seeking to hold on to power for as long as possible by almost any means necessary.

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Zimbabwe: Mining firms, farmers oppose power tariff hike

Zimbabwe's mining companies and farmers are resisting a proposal to raise electricity tariffs by 42 percent, arguing that the increase would hurt an economy struggling with low commodity prices and a drought.

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