• Previously, the country was supplied from two sources, namely crude oil imported and refined by INDENI. • Indeni Refinery will no longer refine crude petroleum products. • TAZAMA pipeline will be converted to transport finished products only. Energy Minister…
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An Energy Expert says the increase in water allocation for electricity generation in Zambia as announced by the Zambezi River Authority will translate into low hours of load shedding. Yotam Mtayachalo told Money FM News in an interview that this…
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The Rural Electrification Authority (REA) says the construction of a mini hydro power station in Kasanjiku, Chief Ntambo’s area in Mwinilunga district in North-Western has been completed. Authority Corporate Affairs Manager Justin Mukosa told Money FM News in an interview…
Continue Reading The Rural Electrification Authority (REA) says 17 out of the 32 grid extension projects which started in 2018 have been completed. Authority Corporate Affairs Manager Justin Mukosa told Money FM News in an interview that the remaining 15 are at…
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An Energy Expert says the currently entered long-term power agreement between Konkola Copper Mines (KCM) and ZESCO will have positive effects on the power utility’s revenue base. Speaking in an interview Money FM News, Yotam Mtayachalo explains that the former…
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The Zambia Chamber of Mines has bemoaned the worsening instability of the mining operating environment that has led to a spreading perception of increasing risk in the industry. Chamber Chief Executive Officer, Sokwani Chilembo told Money FM News, in a…
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The Copperbelt Energy Corporation (CEC) says government’s decision to declare the company’s power infrastructure as a common carrier has the full effect of taking away its commercial and property rights. CEC Senior Manager Corporate Communication Chama Nsabika says this will…
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The Country’s Power Utility Firm has clarified that it has not tempered with any prepaid meter for electricity units to be depleting at a faster rate. Zesco Public Relations Manager, Hazel Zulu told Money FM News in an interview that…
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The Policy Monetary Policy Research Centre (PMRC) says decision taken by government to constitute a team of cabinet ministers, technical experts and trade unionists to look at the sustainability of the mining sector during and beyond COVID-19 is a step…
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The Copperbelt Energy Corporation (CEC) says it has commenced the process of discontinuing power provision to Konkola Copper Mine due to lack of contractual basis to provide the service. Company Senior Manager Corporate Communication Chama Nsabika said the move comes…
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