by afrikanfrontier | Dec 5, 2023 | News, Politics
In a devastating incident, around thirty illegal miners are feared trapped in a mudslide at an open-cast copper mine in the Chingola region of Zambia. The catastrophe was triggered by heavy rains, leading to a torrent of mud that engulfed the mining site, situated...
by afrikanfrontier | Nov 25, 2023 | Finance, News
The recent impasse in Zambia’s debt restructuring has dealt a blow to the Common Framework of the Group of 20 (G20), raising concerns for other African nations, particularly Ghana, currently navigating similar negotiations. The rejection of a $3 billion debt...
by afrikanfrontier | Nov 7, 2023 | Business, Finance, News
The Bank of Zambia has implemented measures to address the sharp depreciation of the kwacha, one of the world’s poorest-performing currencies in recent times. Since the beginning of the second half of the year, the kwacha has experienced a significant decline of...
by afrikanfrontier | Nov 7, 2023 | Business, News
In recent developments, KoBold Metals, a mining venture supported by prominent figure Bill Gates, is poised to extend its operations from Zambia into the Democratic Republic of the Congo (DRC). This raises significant questions about the nature of resource...
by afrikanfrontier | Nov 2, 2023 | News, Politics
Zambia’s government has taken a swift and decisive move to withdraw the retirement benefits and privileges of former President Edgar Lungu following his decision to re-enter active politics. Mr Lungu, who lost the presidency to Hakainde Hichilema in 2021,...