United Party for Economical and Political Emancipation- UPEPE

05/09/2026

BA NDOLA|| Govt to Revive Indeni Refinery at $1.2 Billion

By Masauso Mkwayaya (ZNBC)

Government plans to revive the Indeni Petroleum Refinery in Ndola on the Copperbelt at a cost of 1.2 billion US dollars.

The project will be undertaken through the Industrial Development Corporation -IDC.

In an interview with ZNBC News, IDC Chief Executive Officer CORNWELL MULEYA said investors are on standby and ready to take up the project.

Mr. MULEYA said the revival of Indeni will give Government greater control over fuel production and help ensure affordable fuel for Zambians.

He said the project is expected to create 3,000 jobs during the construction phase and about 800 permanent jobs once the refinery becomes fully operational.

Mr. MULEYA said the project will also help restore Ndola's position as one of the country's major industrial hubs.

He said the refinery will have a wider impact on other industries, with by-products such as bitumen and polyethylene expected to support road construction and plastics manufacturing.

07/08/2026

The Democratic Republic of Congo has banned the export of copper and cobalt concentrates to encourage more local processing and retain a greater share of its mineral wealth.

Congo is the world’s largest cobalt producer and the second-largest copper supplier. The immediate ban affects major mining companies, including Swiss-based Glencore, Canada’s Ivanhoe Mines and Chinese firms such as CMOC, Huayou Cobalt and Zijin Mining.

One-year exemptions may reportedly be granted for strategically important exports. New taxes on valuable mining by-products will also be introduced after a three-month transition period.

02/05/2026

Let's live and help each other🤗🤗🤗

Stop telling people to work hard, instead connect them to people who helped You..

Most of them are working harder than a donkey. Share connections not motivational speeches. We all need friends who would mention our names in a room full of opportunities.

Let someone lean on your shoulder.

28/04/2026

26/04/2026

The Democratic Republic of Congo 🇨🇩 has received its first batch of refined gold bars at the central bank, marking the start of a national program to rebuild the country’s monetary gold reserves.

For nearly 50 years, the country held very little monetary gold, as much of it left through informal trade.

A recent agreement between the central bank and state-owned DRC Gold Trading SA, supported by a new refinery in Kalemie, now allows locally mined gold to be refined and added to reserves.

The initiative is expected to improve transparency, strengthen revenue collection, and retain more value within the country.

16/07/2025

Zambia Secures $2 Billion in Strategic MoUs Across Key Sectors

By Masauso Mkwayaya

The government has signed 12 Memoranda of Understanding (MoUs) with various companies, valued at over 2 billion United States dollars.

Signed during the Invest in Zambia International Conference held in Lusaka, the MoUs span several key sectors, including Electric Vehicles, Livestock (Artificial Reproductive Technologies), Energy, Tourism, and Mining, among others.

The agreements were signed by Ministers and Chief Executive Officers from relevant government agencies. Notable MoUs include:

Ministry of Green Economy and EVC Investment Limited in the Electric Vehicle sector.

Ministry of Fisheries and Livestock and Glosta Sciences Management FZCO for Artificial Assisted Reproductive Technologies to improve livestock productivity.

ZESCO and Power China for the development of 100 Megawatts under phase two of the Chisamba Solar Project.

Another agreement between ZESCO and Anzana Electric.

Industrial Development Corporation (IDC) and Power China for the development of a Cassava Industrial Hub.

IDC and Fujan for the Ndola Refinery Project.

Zambia Tourism Agency (ZTA) and the British Broadcasting Corporation (BBC) for satellite television and digital campaign services.

ZTA and Expedia for digital destination marketing and awareness campaigns.

Zambia Development Agency (ZDA) and the Zambia Association of Manufacturers to facilitate investment, trade, and business development for Zambian exporters.

ZDA and Sinomach Hainan Development Company for an Agricultural Special Economic Zone.

ZDA and Sanny Group Limited for phased implementation of integrated “Microgrid + Green Mining Equipment” solutions in Zambia’s mining sector.

UMOYO and Grusom Wellness SDN BHD signed an agreement for wellness innovation.