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Vedanta Resources slapped with $100 million settlement in UK court

Vedanta Resources slapped with $100 million settlement in UK court

Indian mining giant Vedanta Resources has been ordered by London High Court to pay over USD 100 million to a Zambian investment company related to a 2013 copper price agreement, the state-owned firm claimed today.

Zambia opposition leader ahead in early election results

Early results in Zambia`s presidential election Saturday showed opposition leader Hakainde Hichilema ahead of his rival President Edgar Lungu, in a tight race marred by political tensions.

Zambia votes as campaign unrest tests stability

 Zambians went to the polls on Thursday shaken by an election campaign of "unprecedented" violence that could threaten the country`s relative stability and its democratic record.

Zambia targets zero HIV infection through male circumcision

The Zambian government has targeted at recording zero new HIV/AIDS infections through enforcing voluntary circumcision of about two million men by 2020, state media reported on Wednesday.

Zambia on alert after yellow fever outbreak in neighbouring countries

Yellow fever has been raging since last December in Angola.

True or false? Zambia accuses China of selling human flesh; latter denies reports!

The news first came to light after reports surfaced that accused China of marinating human dead bodies, packaging them in cans and then selling them in African supermarkets.

Tata Power to buy 50 pc stake in Zambia's Itezhi Tezhi Power

Tata Power will acquire 50 percent stake in Zambia's Itezhi Tezhi Power Corp Ltd (ITPC) from Tata Africa for an undisclosed amount.

Airtel sells over 1100 towers in Zambia and Rwanda to IHS

Bharti Airtel on Monday sold over 1,100 telecom towers in Zambia and Rwanda to IHS Holding at an estimated USD 180-200 million to pare debt.

Facebook launches free internet app for basic online services

Facebook today launched a new app that will enable people with mobile phones around the world to browse health, employment and local information services without data charges.

Zambia, Mozambique, Ethiopia invite investment from India

Appreciating the expertise and knowledge of Indian businessmen in the agri and allied sectors, she said there are plenty of opportunities in her country for doing business in areas like poulty, cotton, among others.