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President Hichilema participates in signing of Nacala Corridor port agreement to enhance development

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PRESIDENT Hakainde Hichilema has signed a tripartite institutional agreement with his Malawi and Mozambican counterparts on development of the Nacala Corridor.

This was done when he participated in the inauguration ceremony of the rehabilitated, expanded and modernised Nacala port in Nampula Province in Mozambique.

President Hichilema was joined by his Mozambican counterpart, Filipe Jacinto Nyusi who hosted him and also joined by his Malawi counterpart Lazarous Chakwera.

State House Chief Communications specialist Clayson Hamasaka said the occasion marked the momentous occasion known as the Zambia-Mozambique-Malawi Growth Triangle (ZMM-GT).

“Since taking office, President Hichilema has been actively engaged in economic diplomacy efforts aimed at opening up Zambia for increased investment and realising the vision of making Zambia an economic hub in the region. This event marked the third international gateway in which President Hichilema has participated, following the opening of the Lobito Corridor in Angola in July of this year and the Zambia-DRC gateway last week,” he said.

Mr Hamasaka said Zambia has faced limited access to international markets for some time, leading to the initiative of opening up new routes to boost trade volumes and attract more investment to the country.

“During the event, President Hichilema, President Nyusi, and President Chakwera signed a tripartite institutional agreement on the Nacala Development Corridor, while the respective Ministers responsible for transport in the three countries signed agreements related to road and rail infrastructure,” he said.

He noted that President Hichilema emphasized Zambia’s goal of leveraging its geographic position to become a truly land-linked country through the development of transport corridors.

Mr Hamasaka said that The Head of State expressed gratitude to the leadership of Mozambique for actively considering Zambia’s request for land in Nacala and Beira for the development of dry ports.

(Mwebantu, Saturday, 7th October, 2023)

Business

MultiChoice launches GOtv Stream in Zambia. A new way to experience the best of sports and entertainment!

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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)

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Government secures an equity partner for Mopani Copper Mines

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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)

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Over 30 people trapped after a mine accident in Chingola

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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)

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