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Zambia Seeks $145 Million Boost Through IMF Programme Extension 1 Mining in Zambia Economy 

Zambia Seeks $145 Million Boost Through IMF Programme Extension

Constance
Zambia IMF funding, Zambia debt relief, Extended Credit Facility, Situmbeko Musokotwane, Zambia economic recovery Zambia is seeking an additional $145 million from the International Monetary Fund (IMF) by extending its existing programme for another 12 months, Finance Minister Situmbeko Musokotwane announced on Tuesday last week. The copper-rich Southern African nation is working to restore fiscal stability after years of mounting debt. As of July 2025, Zambia ranks among the African countries with the highest debt exposure to the IMF. Last month, the government revealed plans to request an extension of… Read More Here
Zambia’s ZANAMACA to Mobilise Small-Scale Miners for Compliance, Funding, and Market Access 2 Mining in Zambia Economy 

Zambia’s ZANAMACA to Mobilise Small-Scale Miners for Compliance, Funding, and Market Access

Constance
ZANAMACA Expands to Support Small-Scale Miners, Driving Compliance and Inclusive Growth The Zambia National Marketeers Credit Association (ZANAMACA) has announced plans to mobilise and engage small-scale miners nationwide as part of its strategy to promote compliance, financial literacy, and inclusive economic growth. With a membership of over one million spanning all provinces, ZANAMACA has traditionally focused on empowering youth and women in small and medium-sized enterprises. The association is now expanding its reach to include small-scale miners, aiming to strengthen their role in Zambia’s formal economy. Speaking from ZANAMACA’s headquarters… Read More Here
Zambia Urges Chiefs to Cut Consent Fees and Limit Cooperative Sizes to Attract Mining Investment 3 Mining in Zambia 

Zambia Urges Chiefs to Cut Consent Fees and Limit Cooperative Sizes to Attract Mining Investment

Constance
Zambia Calls on Chiefs to Cut Consent Fees and Limit Cooperative Size to Boost Mineral Exploration The Ministry of Mines and Minerals Development has urged traditional leaders to adopt a pro-investment approach to mineral exploration in their chiefdoms by avoiding excessive consent fees that could discourage investors. Permanent Secretary Dr. Hapenga Kabeta told representatives from Planet Gold Zambia that unreasonably high charges for exploration rights undermine national development and deter responsible mining companies from operating in rural areas. “Traditional leaders are key to attracting investment, but unreasonable financial demands hinder… Read More Here
FQM Kansanshi Develops New Grievance Management Procedure to Boost Transparency and Community Trust 4 Mining in Zambia Copper Corporate News 

FQM Kansanshi Develops New Grievance Management Procedure to Boost Transparency and Community Trust

Constance
First Quantum’s Kansanshi Mine Launches Public Process to Create Inclusive Grievance Mechanism in Zambia First Quantum Minerals’ (FQM) Kansanshi Mining PLC has launched a public consultative process to develop a new Grievance Management Procedure, aimed at improving transparency, accountability, and community engagement. The initiative seeks to establish a comprehensive framework for receiving, assessing, and resolving concerns from both internal and external stakeholders in a transparent, fair, and timely manner, with active community participation. North-Western Province Deputy Permanent Secretary, Luckson Mulumbi, praised Kansanshi Mining PLC for taking a proactive step toward… Read More Here
U.S. to Require $15,000 Visa Bonds for Zambia and Malawi Travelers Under New Trump Policy 5 Mining in Zambia Governance Transport and Logistics 

U.S. to Require $15,000 Visa Bonds for Zambia and Malawi Travelers Under New Trump Policy

Constance
Trump Administration Imposes Up to $15,000 Visa Bond on Zambia, Malawi Visitors Starting August 20, 2025 The administration of President Donald Trump will soon require certain visa applicants from Zambia and Malawi to post bonds of up to $15,000 for tourist and business travel to the United States, according to a U.S. State Department announcement on Tuesday. The policy, part of a new pilot program, will take effect August 20, 2025. Under the new rules, citizens or nationals traveling on passports issued by either country who are found eligible for… Read More Here
KCM Applauds Presidential Support for KDMP, Targets 300,000 Tonnes of Copper by 2031 6 Mining in Zambia Copper Corporate News Economy 

KCM Applauds Presidential Support for KDMP, Targets 300,000 Tonnes of Copper by 2031

Constance
Konkola Copper Mines Sets Sights on 300,000-Tonne Annual Output by 2031 with KDMP Boost Konkola Copper Mines (KCM) has welcomed the directive from His Excellency, Republican President Hakainde Hichilema, to maintain and accelerate progress on the Konkola Deep Mining Project (KDMP), with the ambitious goal of achieving an annual copper production capacity of 300,000 tonnes by 2031. President Hichilema made these remarks during his visit to the KCM exhibition stand at the 2025 Agricultural and Commercial Show in Lusaka, held from July 30 to August 4, 2025. He commended KCM’s… Read More Here
Bank of Zambia Delegation Visits FQM Trident Commends Responsible Mining Practices 7 Mining in Zambia Corporate News Governance 

Bank of Zambia Delegation Visits FQM Trident Commends Responsible Mining Practices

Constance
Bank of Zambia Praises FQM Trident for Driving Jobs, Sustainable Mining, and Economic Growth A high-level delegation from the Bank of Zambia, led by Governor Dr. Denny Kalyalya and Deputy Governor Dr. Francis Chipimo, has visited First Quantum Minerals’ (FQM) Trident operation in Kalumbila, underscoring the critical role responsible mining plays in Zambia’s economic development. Hosted by Trident General Manager Scott Whitehead and Assistant General Manager Frederic Wouters, the visit brought together senior directors and staff from the central bank. The delegation toured Trident’s advanced mining facilities, which directly employ… Read More Here
Engineer and Industry Veteran Louis Watum Kabamba Appointed DRC Minister of Mines 8 Mining in DRC Mining Personality 

Engineer and Industry Veteran Louis Watum Kabamba Appointed DRC Minister of Mines

Constance
From Engineer to Minister: Louis Watum Kabamba Takes Charge of DRC’s Strategic Mining Sector Louis Watum Kabamba has been appointed Minister of Mines of the Democratic Republic of Congo (DRC), replacing Kizito Pakabomba in the newly formed Suminwa II government. An engineer by training, a politician by choice, and a seasoned manager with over two decades in the mining industry, Watum brings a wealth of expertise to one of the country’s most strategic portfolios. READ ALSO:Kizito Pakabomba Bids Farewell as DRC Minister of Mines Born on March 22, 1962, in… Read More Here
Kizito Pakabomba Bids Farewell as DRC Minister of Mines 9 Mining in DRC Mining Personality 

Kizito Pakabomba Bids Farewell as DRC Minister of Mines

Constance
Former DRC Minister of Mines, Kizito Pakabomba, thanks President Félix Tshisekedi and PM Judith Suminwa as he hands over to Louis Watum, who will lead the strategic mining sector. Following the announcement of the Suminwa II government on Thursday, August 7, 2025, Kizito Pakabomba officially stepped down from his role as Minister of Mines in the Democratic Republic of Congo (DRC). In a message posted on his X account (formerly Twitter) this Friday, August 8, 2025, the outgoing minister expressed his “deep gratitude” to President Félix Tshisekedi and Prime Minister… Read More Here
Zambia Rejects US Concerns Over Copper Mine Acid Spill 10 Mining in Zambia Copper Safety & Health 

Zambia Rejects US Concerns Over Copper Mine Acid Spill

Constance
Zambia Says Copper Mine Acid Spill No Longer a Health Risk Amid US Travel Warning Zambia’s government on Thursday rejected claims that a February acid spill in its copper-mining region continues to pose a serious health threat, countering a US embassy travel advisory that warned of widespread contamination. The incident occurred when a tailings dam failed at a Chinese-operated copper processing plant in Chambishi, releasing 50,000 cubic metres of acidic slurry into nearby rivers. According to government spokesperson Cornelius Mweetwa, clean-up operations—primarily using lime to neutralise acidity—have restored pH levels… Read More Here

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