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More than a decade in the making:Johnathan Kalula takes over as Managing Director at VEGA Controls SA

October 14, 2026October 14, 2026 Constance0 comment

More than a decade after he first walked through the door as an intern, Johnathan Kalula has been appointed managing director of VEGA Controls South Africa, effective 1 October 2026 Kalula joined VEGA for in-service training after earning his diploma from the Vaal University of Technology (VUT). Soon afterwards, he was seconded to customer Safripol in Sasolburg, where 18 months in the field shaped his approach to instrumentation. A turning point came when then managing director, John Groom awarded him a bursary to complete his BTech. Rather than moving into… Read More Here

Mining in DRC Artisanal mining Gold Mining tax

DRC Gold Trading Calls for Tax Relief to Formalise Artisanal Gold Trade

October 14, 2026October 14, 2026 Constance0 comment

DRC Gold Trading Seeks Tax Cuts to Curb Gold Smuggling and Boost Formal Exports DRC Gold Trading has called for tax relief for gold traders and mining cooperatives in the Democratic Republic of Congo (DRC), arguing that lower tax burdens could encourage more artisanal gold to enter formal trading channels and reduce illicit cross-border trade. On 9 October 2026, the company’s Managing Director, Joseph Kazibaziba, met with Barnabé Muakadi, head of the Directorate General of Taxes (DGI), to present proposals aimed at making the formal gold market more attractive to… Read More Here

Mining in DRC Copper Economy

DRC’s Copper Boom Outpaces Manufacturing Growth

October 14, 2026October 14, 2026 Constance0 comment

DRC Manufacturing Share Falls to 9.8% Despite Strong Economic Growth The Democratic Republic of Congo (DRC) has recorded strong economic growth driven by its expanding mining sector, particularly copper production, but manufacturing has struggled to keep pace, raising concerns about the country’s progress towards economic diversification. According to the United Nations Economic Commission for Africa (ECA), manufacturing’s share of the DRC’s gross domestic product (GDP) fell from 13.9% in 2017 to 9.8% in 2025, a decline of 4.1 percentage points. This came despite average annual economic growth of 7.2% between… Read More Here

Mining in Zambia Copper Corporate News Investment News

IRH and ZCCM-IH Reaffirm $1.1 Billion Commitment to Mopani Copper Mines

October 14, 2026October 14, 2026 Constance0 comment

Mopani Targets 300,000 Tonnes of Copper Annually by 2029 as IRH and ZCCM-IH Renew Partnership International Resources Holding (IRH) and ZCCM Investments Holdings Plc (ZCCM-IH) have reaffirmed their long-term partnership to strengthen Mopani Copper Mines Plc’s operations, backed by IRH’s USD 1.1 billion investment commitment and a target of producing 300,000 tonnes of finished copper annually by 2029. The two shareholders reaffirmed their alignment on Mopani’s development priorities following constructive discussions, emphasising operational performance, workforce welfare and the mine’s contribution to Zambia’s ambition of producing 3 million metric tonnes of… Read More Here

Mining in Zambia Investment News

ZCCM-IH Declares K183 Million Dividend for 2025 as Investment Income Rises 40%

October 13, 2026October 13, 2026 Constance0 comment

ZCCM-IH Pays K183 Million Dividend to Shareholders for 11th Consecutive Year ZCCM Investments Holdings Plc (ZCCM-IH) has announced a total dividend payout of approximately K183 million to shareholders for the 2025 financial year, marking the 11th consecutive year the state-linked investment company has distributed dividends. The announcement was made on October 12, 2026, during a cheque handover ceremony at the company’s conference hall in Lusaka, where ZCCM-IH presented dividends to the Government and other major shareholders. ZCCM-IH Board Chairperson Phesto Musonda said shareholders approved a final dividend of K1.13 per… Read More Here

Mining in DRC Corporate News Energy

Kamoa-Kakula Cuts Diesel Consumption by 40% with Solar Power

October 13, 2026October 13, 2026 Constance0 comment

Ivanhoe Mines’ Kamoa-Kakula Copper Complex Reduces Diesel Use as 60 MW Solar-Battery System Reaches Full Capacity Kamoa-Kakula, the copper mining complex in the Democratic Republic of the Congo (DRC), has reduced diesel consumption by its on-site generators by 40% following the commissioning of new solar power and battery storage facilities. According to third-quarter results released by Ivanhoe Mines on 8 October 2026, diesel consumption fell by 40% in September compared with July as the solar facilities ramped up operations. The installations reached full operating capacity on 23 September, supplying the… Read More Here

Mining in DRC Energy Oil & Gas

DRC Seeks to Restart Lake Albert Oil Exploration

October 11, 2026October 11, 2026 Constance0 comment

DRC Moves to Revive Oil Exploration Around Lake Albert as Tshisekedi Eyes New Energy Opportunities The Democratic Republic of Congo is stepping up efforts to revive oil exploration in the strategically important Lake Albert basin, as President Félix Tshisekedi seeks to unlock the country’s untapped hydrocarbon potential and strengthen its position in the regional energy sector. The renewed focus comes after years of limited progress on oil exploration in the Congolese section of the Albertine Graben, particularly in Blocks 1 and 2, which remain largely undeveloped despite their geological proximity… Read More Here

Mining in Zambia Electricity Energy

Zambia’s Installed Power Capacity Climbs to 4,722MW as Solar Sector Booms

October 11, 2026October 11, 2026 Constance0 comment

Zambia’s Power Generation Capacity Surges to 4,722MW as Solar Energy Expansion Accelerates Zambia has significantly expanded its electricity generation capacity, increasing installed power capacity from 3,777 megawatts (MW) in 2024 to 4,722.3MW, marking a major milestone in the country’s efforts to strengthen energy security and support economic growth. Speaking at the third edition of the Energy Forum for Africa in Lusaka, President Hakainde Hichilema, through Vice-President Mutale Nalumango, said the country has made notable progress in power generation but warned that investment in transmission and distribution infrastructure must now keep… Read More Here

Mining in Zambia Energy

ERB Approval Clears Path for 100MW Kafironda Solar Project in Mufulira

October 11, 2026October 11, 2026 Constance0 comment

Kafironda Solar Project Gains Momentum as Mufulira Backs 100MW Renewable Energy Investment The proposed 100-megawatt Kafironda Solar PV Project has taken a significant step toward construction after developer Kafironda Solar Energy Limited (KSE) secured a construction permit from the Energy Regulation Board (ERB). The progress was revealed during an alignment meeting between KSE and the Mufulira Municipal Council, where both parties reviewed project timelines, regulatory requirements and key areas of cooperation needed to advance the development. Speaking on the project, Mufulira Mayor Kasonde Musongole said discussions focused on several critical… Read More Here

Mining in Zambia Corporate News Energy

$519 Million Solar Power Plant Planned for Mpongwe

October 11, 2026October 11, 2026 Constance0 comment

Mpongwe to Host $519 Million Solar Power Project as Zambia Expands Renewable Energy Capacity Mpongwe District in Zambia’s Copperbelt Province is set to become home to a major renewable energy project following plans to develop a 500-megawatt (MW) solar power plant valued at approximately US$519 million. The project will be developed by EnerSynk Solar Energy Limited in the Kashitu area under the leadership of Chieftainess Malembeka. Covering around 615 hectares, the development will be rolled out in three phases over an estimated period of 18 months. District Commissioner Mwambashi Mwitwa… Read More Here