The Zambia Consolidated Copper Mines (ZCCM) Investment Holdings has vowed to continue with the case in which it has sued First Quantum Minerals for a 1.4 billion USD. President Edgar Lungu recently called on the state owned ZCCM-IH to consider an out of court settlement with FQM. President Lungu calls was this week backed by the Association of Mine Suppliers ...

Finance Minister Felix Mutati says government will make its presentation to the International Monetary Fund (IMF) board on the bailout package next month. Government is seeking a US$1.3 billion bailout package for the Economic Stabilisation and Growth Programme (ESGP) dubbed Zambia Plus. Mr. Mutati says substantial progress has been made in the engagement with the IMF and that convergence on ...