By Yohane Mbeeya Moono An Alumni of the Zambia Institute of Diplomacy and International Studies Reuters Trained Journalist The African Continent under the Pan-African Vision of “An integrated, Prosperous and Peaceful Africa” came up with the African Continental Free Trade Area Agreement. This is solely the brainchild of the Continental body the African Union. ThisContinue reading “Potential of the African Continental Free Trade Area Agreement”
Category Archives: Business
Mali’s Lucrative Gold Trade
West Africa’s lucrative gold trade has a costly dark side. Discrepancies in data on gold production and trade between Mali and Dubai in the United Arab Emirates (UAE) expose a massive illegal business, particularly in the artisanal mining sector. These illicit dealings not only strip West African countries of billions of dollars, but fuel conflictContinue reading “Mali’s Lucrative Gold Trade”
ZAMBIA IS BACK
“Zambia is Back”, said CEO Tristan at the ongoing Mining Indaba in Cape Town South African at the Convention Center during his vote of thanks to President Hakainde Hichilema’s speech at the event.Newly appointed First Quantum CEO Tristan Pascal has indicated that the mining sector and the Government in Zambia are now on the sameContinue reading “ZAMBIA IS BACK”
Angolan Company interested in Solwezi – Jimbe Border Post Road.
An Angolan Company, Edenvale Investment Limited, has expressed interest to construct an international standard road from Solwezi to Jimbe border post in Ikelenge district of North-Western Province. Edenvale Investment Limited is proposing a Public-Private Partnership (PPP) to build, operate and transfer the Solwezi to Jimbe border post road. Edenvale Investment Limited Chairman Marco Pinherio saidContinue reading “Angolan Company interested in Solwezi – Jimbe Border Post Road.”
AFRICA’s Oldest Airline
EgyptAir is Africa’s oldest airline. It was founded in June 7, 1932 and commenced operations in July 1933. It serves 79 destinations across 56 countries. It became the second African member of Star Alliance in October 2007. Its headquarters is at Cairo International Airport.
UNZA Begins Selling Mealie Meal From Its Maize Milling Plant.
The University of Zambia (UNZA) has launched its first UNZA Milling Plant sales outlet to kick start the selling of mealie meal at the Great East Road campus. Speaking during the launch, UNZA Vice-Chancellor, Prof Luke Evuta Mumba, says the K26 million UNZA Milling Plant is a result of the government-to-government initiative between the GovernmentContinue reading “UNZA Begins Selling Mealie Meal From Its Maize Milling Plant.”
WHY SHOULD ANGOLA IMPORT CHICKEN FROM BRAZIL WHEN NEXT DOOR ZAMBIA IS STRUGGLING TO SELL? HOW DO WE CHANGE THIS?
By Alexander Nkosi In Zambia, about 42 million hectares is classified as medium-to high-potential land for agriculture production, three times bigger than Malawi’s agriculture land. In 2020, Malawi’s top exports included: Raw Tobacco- USD 584 million, Tea- USD83.4 million, Raw Sugar- USD75.2 million, Dried Legumes- USD46 million, and Other Nuts- USD33 million. In the sameContinue reading “WHY SHOULD ANGOLA IMPORT CHICKEN FROM BRAZIL WHEN NEXT DOOR ZAMBIA IS STRUGGLING TO SELL? HOW DO WE CHANGE THIS?”
ZAMBIA AND DRC DISCUSS INCREASED TRADE AND COPPER AND COBALT VALUE ADDITION!
By Alexander Nkosi Zambia and DRC are among the most resource-endowed countries in Africa. Strengthening trade and investment between the two countries can be a real economic game changer. According to the global press journal, DRC spends over $1.5 billion on food imports every year. The World Food Programme estimates that in some years, foodContinue reading “ZAMBIA AND DRC DISCUSS INCREASED TRADE AND COPPER AND COBALT VALUE ADDITION!”
Single Currency coming to East Africa
East African countries will start using a single currency by 2024. Forms East African Central Bank EAST African Community (EAC) states are aspiring for a single EAC currency by 2024. Tanzania, Kenya and Uganda are determined to merge their respective shillings with Rwanda and Burundian Francs to form the single legal tender for the blocContinue reading “Single Currency coming to East Africa”
We Search Our Souls
Yohane Mbeeya Moono The Africa Free Continental Trade Area agreement is the World’s biggest trade agreement signed after the World Trade Organization agreement. The agreement is expected to help Africa and Africans trade among themselves more free and competitively. The trade agreement is expected to increased the Gross Domestic Product of the Continent by 54%Continue reading “We Search Our Souls”