MINISTRY of Foreign Affairs of Japan Director General, African Affairs Department Toshihiko Horiuchi says a bilateral investment agreement is underway between Zambia and Japan with an objective of boosting investments between the two countries.
Mr Horiuchi said Zambia is a country endowed with critical mineral resources such as copper.
In a speech read on his behalf by Deputy Director African Division at the Ministry of Foreign Affairs Kenichiro Matsubayashi during the Zambia’s 59th Independence Reception in Tokyo, Mr Horiuchi said the Japanese government will accelerate the negotiation process towards an early conclusion of the agreement.
He said the Japanese government is further willing to further collaborate in various sectors of the economy.
“As we all know, our two nations share a unique memory about Zambia’s independence.Zambia’s independence was officially achieved just 10 hours before the closing ceremony of the first Olympic Games hosted by Japan on October 24th 1964”, he said.
He added that the Zambian National flag was raised for the first time before international audience by its national team carrying a signboard reading ‘Zambia’, which represented the beginning of close relations between Japan and Zambia.
Speaking at the same event, Zambia’s Ambassador to Japan Dr Tobias Mulimbika said Zambia is committed to the promotion of mutually beneficial cooperation between the two countries in areas such as mining, agriculture, rnergy, health among others.
Ambassador Mulimbika urged Japanese mining companies to consider taking advantage of the cooperation to invest in Zambia in the field of exploration of minerals essential for electric vehicles and other products as the country is endowed with critical minerals such as cobalt, nickel, copper, lithium, gold among others.
The Ambassador said Zambia is centrally located in Southern Africa surrounded by many neighbouring countries with important road corridors traversing through Zambia.
He said this facilitates easy transportation of goods for both exports and imports into the mining industry.
“Zambia is committed to further strengthening bilateral relations with Japan in the diversification of the supply system in critical resources to eventually meet the country’s goals through joint investments,” he said.
This is according to a statement issued by First Secretary Press and Public Relations at the Embassy of the Republic of Zambia in Tokyo, Japan Faith Chilube.
(Mwebantu, Thursday, 26th October, 2023)
MultiChoice launches GOtv Stream in Zambia. A new way to experience the best of sports and entertainment!
NO stranger to bringing entertainment into homes across the nation, MultiChoice is expanding its online offering, by introducing GOtv Stream to GOtv customers across Zambia.
“It is no secret that more and more people are leaning toward streaming services to experience uninterrupted entertainment that’s uninhibited by infomercials and ads. GOtv Stream is just another way MultiChoice Zambia is continuing our trend of upward innovation, as we strive to evolve with our audiences and their viewing needs.”, says Leah Kooma, Managing Director, MultiChoice Zambia
MultiChoice and DStv have already made their presence in the digital space with their online platform – DStv Stream, and now GOtv customers can enjoy the same user-friendly, and personalized streaming at their fingertips. The new feature allows viewers to seamlessly watch their favourite programmes and other content on electronic devices, keeping them connected at any time and from anywhere.
Ms Kooma reiterates that, “You may recall, GOtv was officially launched in Zambia on 5th September 2011, and now with the introduction of GOtv Stream customers will enjoy a great online service. What drives innovation for us, is providing our customers with the content they love, in the way that best suits them. As the home of the best sports and entertainment we will continue to deliver unrivalled value and choice for our customers”.
She adds: “GOtv Stream is an online service that will allow all GOtv customers take a subscription and enjoy our content anywhere and at any time. The launch of GOtv will allow us to expand our online offering and bring more great entertainment closure to the customers”.
Some of the functionality available are; Live TV, TV guide, CatchUp, use on up to four devices, downloading content to devices, and Live Chat. All paid up GOtv customers, with an internet connection can download and use GOtv Stream for free – available on Google Play Store or the Apple App Store.
(Mwebantu, Saturday, 2nd December, 2023)
Government secures an equity partner for Mopani Copper Mines
FOLLOWING the ongoing negotiations to revamp operations at Mopani Copper Mines on the Copperbelt, Government has finally secured an equity partner.
The Equity partner being International Resources Holdings (IRH) an affiliate of Abu Dhabi Conglomerate International holding was selected after an extensive process.
The process was undertaken by ZCCM-IH, together with Rose Child and Company, a company based in South Africa.
In carrying out the process of revamping the mine, which started last year in June, the process focussed on assessing Mopani’s balance sheet due to high level indebtedness and also finding a suitable partner for sustainable development.
Announcing the development, Mines and Minerals Development Minister Paul Kabuswe said the selection of an equity partner will help restore life back into Mopani.
“I wish to announce and I am so glad and exited to announce that after extensive and thorough process, Government through the directors of ZCCM-IH have appointed a strategic equity partner for Mopani. The preferred partner selected is International Resource Holding Limited an affiliate of Abu Dhabi Conglomerate International holding company,” he said.
He said the partner selected is expected to inject funds into Mopani to stabilise short term work requirements, completion of the mine projects and unlock its potential.
Mr Kabuswe also stated that the equity partner will also reset the existing relationship with Glencore.
He further added that other details of the development at Mopani will be announced in due course when signing of the deal is being made.
(Mwebantu, Friday, 1st December, 2023)
Over 30 people trapped after a mine accident in Chingola
MORE than 30 people are believed to be trapped in an open pit mine in Chingola district on the Copperbelt after a mining accident.
Minister of Home Affairs and Internal Security Jack Mwiimbu said the affected are trapped as a result of earth collapsing and has since asked the nation at large to put the affected in prayer.
Mr Mwiimbu speaking in Parliament said more than 30 people are trapped and the rescue team is on site
“May I just inform the nation that we have a tragedy that is brewing in Chingola where a number of our people have been affected by a collapse of the open pit in Chingola. We have more than 30 people under the rubble and we are struggling to retrieve them. We would like to ask all of us to put our citizens in prayer,” he said.
(Mwebantu, Friday, 1st December, 2023)