WEAKAHEAD-AFRICA-FX-Zambia’s kwacha to firm on currency inflows from T.Bill auction
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WEAKAHEAD-AFRICA-FX-Zambia’s kwacha to firm on currency inflows from T.Bill auction

“In the short term, the Treasury Bill auction scheduled for today is expected to buoy the kwacha against the dollar, coupled with corporate demand for the local unit…

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EU grants Zambia $69 mln for energy projects
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EU grants Zambia $69 mln for energy projects

LUSAKA Jan 19 (Reuters) – The European Union (EU) has given Zambia about $69 million to expand electricity supply in the continent’s second biggest copper producer, which faces…

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BRIEF-Airtel considering exits, stake sales at some Africa operations
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BRIEF-Airtel considering exits, stake sales at some Africa operations

Jan 20 (Reuters) – Bharti Airtel Ltd. * Airtel considering exits, stake sales at some Africa operations – Bloomberg * Airtel would pare size of operations in the…

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Zambia withholding $243 million in tax refunds owed to mining firms
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Zambia withholding $243 million in tax refunds owed to mining firms

LUSAKA Dec 28 (Reuters) – Zambia is withholding 2.4 billion kwacha ($243 million) of the 5 billion kwacha owed to mining companies in tax refunds because the correct…

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Zambia president orders air force to help fight maize pest
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Zambia president orders air force to help fight maize pest

LUSAKA Dec 28 (Reuters) – Zambia’s President Edgar Lungu ordered the air force on Wednesday to join other government agencies in an emergency operation to contain the spread…

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Zambia’s inflation slows to 7.5 percent year/year in December
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Zambia’s inflation slows to 7.5 percent year/year in December

LUSAKA Dec 29 (Reuters) – Zambia’s inflation slowed to 7.5 percent year-on-year in December from 8.8 percent in November, the statistics office said on Thursday. The monthly inflation…

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UPDATE 1-British court orders Vedanta’s Zambia unit to pay government $100 mln
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UPDATE 1-British court orders Vedanta’s Zambia unit to pay government $100 mln

(Adds details, quotes from company spokesman) LUSAKA Dec 20 (Reuters) – Konkola Copper Mines (KCM), owned by Vedanta Resources VED.L, has been ordered by a London court to…

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BRIEF-Ecsponent announces sale of some investments, ops
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BRIEF-Ecsponent announces sale of some investments, ops

Dec 20 (Reuters) – Ecsponent Ltd * Has undertaken a process of rationalising group’s operations and investments * Announce a series of financial transactions designed to streamline operations…

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Zambia scraps planned import duty on copper concentrates
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Zambia scraps planned import duty on copper concentrates

LUSAKA Dec 21 (Reuters) – Zambia will scrap a plan to impose a 7.5 percent import duty on copper concentrates from Jan. 1, Finance Minister Felix Mutati said…

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Zambia to build 15,000 houses in 1 bln euro project
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Zambia to build 15,000 houses in 1 bln euro project

LUSAKA Dec 15 (Reuters) – Zambia is set to tackle its housing shortage with the start of a project early next year to build 15,000 houses at an…

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