• A High Court judge has agreed that a legal claim against UK based mining giant Vedanta Resources Plc and its subsidiary Konkola Copper Mines (KCM), on behalf of 1,826 Zambian villagers can proceed in the UK Courts. (business-humanrights.org)
  • Lawyers for the mining companies argued that the claims against both Defendants should be tried in Zambia because the Claimants are Zambian and the damage occurred in Zambia. (business-humanrights.org)
  • Glencore is also waiting for the result of a probe by the European Investment Bank into loans to its Zambian subsidiary. (thisismoney.co.uk)
  • The Zambia Sugar Plc public offer, in late 1996, was the only exception in which shares were also offered to international investors, because the shares on offer were a combination of those warehoused by the Zambian Privatisation Trust Fund (ZPTF) and those owned by the Commonwealth Development Corporation (CDC). (mbendi.co.za)
  • Lusaka, 20th October 2011 - MTN Zambia announces the launch of a Global Top Up service, that enables the Zambian community living abroad to recharge MTN prepaid mobiles of family and friends back home in Zambia. (connect-world.com)
  • Our partnership with MTN Zambia means that for the first time, Zambian people living abroad can now send airtime to MTN mobile phones at home, from over 350,000 retail stores worldwide, through www.ezetop.com , our mobile site and also iPhone & Android Apps" says ezetop Chief Commercial Officer, David Shackleton. (connect-world.com)
  • Recent developments in the relationship between Vedanta Resources and the Zambian government have brought into sharp focus, the challenges to access to justice presented by the insolvency of local multinational companies' ('MNC') subsidiaries whose operations directly cause harm to third parties. (leighday.co.uk)
  • One month after the Supreme Court decided that Vedanta's Zambian subsidiary, KCM, could be joined to proceedings in the English courts, KCM was placed under provisional liquidation in separate proceedings in Zambia. (leighday.co.uk)
  • After four years of a hard fought jurisdiction battle, the Supreme Court ruled in April 2019 that 1,826 Zambian villagers could join KCM, the Zambian subsidiary of UK-based Vedanta Resources to proceedings in the English courts. (leighday.co.uk)
  • The case is brought by 1,826 villagers from the Chingola region of Zambia against the London Stock Exchange listed metals and mining company Vedanta Resources Plc and its Zambian subsidiary Konkola Copper Mines Plc . (asser.nl)
  • Among the company's subsidiaries copper is sold in large quantities at knockdown prices in order to bypass the Zambian Treasury. (ejolt.org)
  • Further, the company deliberately inflates operational costs so that the Zambian subsidiary of the company continuously posts losses and thus avoids paying income taxes, while in reality copper prices are rising ever higher. (ejolt.org)
  • The company blames a 'flawed' and 'incomplete' accountant's audit it says falsely gave the impression that its subsidiary Mopani Copper Mines was nefariously inflating costs and selling metals at artificially low prices to its parent company. (thisismoney.co.uk)
  • In the area of Mufulira, Zambia, and through its subsidiary Mopani Copper Mines. (aidc.org.za)
  • Konkola Copper Mines, a subsidiary of Anil Agarwal 's London-listed Vedanta Resources and Zambia's second-largest copper producer, is having a rocky ride under the Patriotic F. (africa-confidential.com)
  • Tata Zambia Limited is a car dealer and commercial vehicle manufacturer based in Lusaka, Zambia. (wikipedia.org)
  • A group of 81 hatchery experts gathered recently at the Protea Hotel in Lusaka, Zambia, to take part in a highly interactive Hatchery Management Training programme. (pasreform.com)
  • These are located in the Central Province of Zambia, approximately 50 kilometres west of Lusaka. (vedantaresources.com)
  • The 2019 Integrated Annual Report is also the third consecutive report that includes the Group's subsidiaries in Botswana and Zambia. (economist.com.na)
  • Hon. Members, you will recall that on Wednesday, 24th June, 2020, when the House was considering the Second Reading Stage of the Constitution of Zambia (Amendment) Bill, 2019 and Mr M. Mawere, hon. (gov.zm)
  • Members of the Select Committee who were privileged to scrutinise the Constitution of Zambia (Amendment) Bill No. 10 of 2019 on our behalf and for our consumption as a whole House. (gov.zm)
  • Mr Speaker, in those twenty days, I did not hear the voice of the Church or, indeed, that of the Opposition, particularly the United Party for National Development (UPND), who are now in the forefront of stopping the progression of the Constitution of Zambia (Amendment) Bill No. 10 of 2019 in the House. (gov.zm)
  • Members of the UPND on the Committee continued to deliberate the Constitution of Zambia (Amendment) Bill, No. 10 of 2019. (gov.zm)
  • They removed the mettle of the Constitution of Zambia (Amendment) Bill No.10 of 2019 and only left the filler. (gov.zm)
  • However, it can take companies weeks or months to establish a subsidiary, and you'll need full knowledge of Zambia's subsidiary laws. (globalization-partners.com)
  • Zambia's subsidiary laws also vary based on type of entity chosen for incorporation. (globalization-partners.com)
  • Finally, Zambia's subsidiary laws require all LLCs to employ a company secretary. (globalization-partners.com)
  • Globalization Partners can help you work in the country quickly, without all the stress of meeting Zambia's subsidiary laws. (globalization-partners.com)
  • In an email to Mongabay, Rania Elton, a spokesperson for MLG, rejected the idea that Overstock, through its subsidiary, is looking to tap into Zambia's mineral wealth. (mongabay.com)
  • The nature of MTN Zambia's business operations is the provision of mobile voice and data services to corporate and prepaid customers targeting both individual and corporate customers in Zambia. (connect-world.com)
  • One member of the Lumwana management team led the mining industry team to formulate the preparatory work on the Zambia EITI Council, which resulted in the submission of Zambia's application to EITI and Zambia achieving EITI compliance. (eiti.org)
  • The Swiss-based company's transformation into a public company has been littered with embarrassing accusations over corporate governance including allegations - denied by the company - that it avoided tax in Zambia. (thisismoney.co.uk)
  • Notwithstanding, the Brazilian Government, through the Attorney General Office (AGU), filed a civil liability action against two multinational companies and their Brazilian subsidiaries, who produce most of the cigarettes sold in the country. (who.int)
  • This is because the subsidiary covers 10 countries, yet the South Africa economy is much more compared to the other nine countries. (co.ke)
  • Similarly, Stanbic Bank, Zambia, a subsidiary of South Africa's Standard Bank, also provides global custody services, via its operation in South Africa. (mbendi.co.za)
  • MTN Zambia is a subsidiary of MTN Group, which is the largest mobile operator in Africa. (connect-world.com)
  • I have been given the opportunity to head Standard Chartered Bank Zambia, one of the most profitable subsidiaries in Southern Africa. (monitor.co.ug)
  • The embattled Choppies Enterprises has exited the troublesome South African market following a costly expansion strategy that threatened to sink the entire group after accumulating massive debts, forcing the company to make desperate move to save the business by selling the South Africa subsidiaries at a loss. (sundaystandard.info)
  • The low-price consideration of R1 has been justified by Choppies because the carrying value of the subsidiaries in South Africa had a nil carrying value, with net asset value of the operations negative due to liabilities exceeding stock and fixed assets. (sundaystandard.info)
  • Under the disposal agreement, the R1 sale is for accounting purposes, while the real cost of the deal has to do with the massive debts South Africa subsidiaries have accumulated. (sundaystandard.info)
  • It has also started operations in Africa in South Africa, Morocco and Zambia. (thereporterethiopia.com)
  • Jubilee Metals (JLP) has issued an update on its project expansions, including a successful processing facility upgrade in South Africa and copper expansion strategy "progressing ahead of schedule" in Zambia. (shareprophets.com)
  • In the Democratic Republic of the Congo, in the mining area of Kolwezi, Katanga and through its subsidiary Kamato Copper Company (KCC), Glencore has been accused of security and human rights violations. (aidc.org.za)
  • Analysts are hoping that the privatisation of Zambia Consolidated Copper Mines will spark renewed investor interest in the exchange. (mbendi.co.za)
  • Those groups include Barrick Gold, Anglo American, Ivanhoe Mines and First Quantum, which are stepping up their investments in copper mining in Zambia, the Democratic Republic of Congo (DRC) and even Angola. (miningmx.com)
  • But Barrick also owns the Lumwana copper mine in Zambia. (miningmx.com)
  • Advising Standard Chartered Bank on the grant of a US$3 billion facility to First Quantum Minerals Limited and a US$350 million facility to its subsidiary, Zambia-based Kansanshi Minerals PLC (owners of Africa's largest copper mine). (mayerbrown.com)
  • Vedanta has copper smelting and mining operations across India, Australia and Zambia. (vedantaresources.com)
  • The Indian and Australian copper business is directly held by Vedanta Ltd., a subsidiary of Vedanta Resources. (vedantaresources.com)
  • Glencore's operations in the Democratic Republic of Congo and Zambia were presented through testimony, which exposed a number of violations. (aidc.org.za)
  • The subsidiary holds a majority share of the mine, while Glencore's headquarter is located in Switzerland. (ejolt.org)
  • The Integrated Report also complies with the Namibian Companies Act, 28 of 2004, the NSX Listing Requirements, International Financial Reporting Standards, Namibia Banking Institutions Act, 2 of 1998, Botswana Banking Act, 2 of 1995 and the Zambia Banking and Financial Services Act, 7 of 2017. (economist.com.na)
  • If your company plans to operate in Zambia like a resident company, you may want to incorporate as a limited liability company (LLC). (globalization-partners.com)
  • In his continued familiarization tours of Industrial Development Corporation (IDC) subsidiaries, Chief Executive Officer Mr Perry Mapani on Tuesday toured INFRATEL Corporation Limited to appreciate the operations of the company in ensuring that its ICT services are available and accessible in Zambia and beyond. (co.zm)
  • Speaking during the tour, Mr Mapani said Infratel had branded itself well and was technically in a better position to grow its ICT business in Zambia and beyond looking at the success stories the company had recorded. (co.zm)
  • Founded in 1977, the company was the first Tata subsidiary on the African continent. (wikipedia.org)
  • Elsewhere, the authors describe a large-scale project in Zambia headed by a company called Medici Land Governance (MLG). (mongabay.com)
  • The EIB froze loans to the company after allegations of tax avoidance in Zambia emerged. (thisismoney.co.uk)
  • For the South African region, there is a subsidiary in Zambia but the company will work to have a satellite office as well. (co.ke)
  • Patrick Byrne, the former CEO of Overstock.com, the company involved in blockchain titling in Zambia, made his motivations clear when he said that the goal of the project was to unlock trillions of dollars in global mineral reserves that are inaccessible due to unclear land governance systems. (oaklandinstitute.org)
  • Advised Societe General, London Branch, Natixis, ING Bank, N.V. and Crédit Agricole Corporate and Investment Bank, Sucursal en España, as mandated lead arrangers, to refinance a US$400 million senior secured facility for Minas de Aguas Teñidas (MATSA), a mining company based in Spain. (mayerbrown.com)
  • For instance, in November 2017, B. Braun Medical opened a new subsidiary, B. Braun Medical Zambia Limited, which helped expand the company s presence in the African market, and enhanced its sales and revenues. (marketsandmarkets.com)
  • Neil Gerrard, a former partner at law firm Dechert, was found to be in "gross and deliberate breach of duty" for leaking material to the SFO, as well as stories to The Times newspaper, about his client, mining company Eurasian Natural Resources Corp. At ENRC, Gerrard led an internal investigation between 2011 and 2013 into alleged corruption at a Kazakh subsidiary. (complianceweek.com)
  • In Tanzania , through its subsidiary African Barrick Gold, the company participates in the validation process and multi-stakeholder group meetings under the Tanzania Chamber of Minerals and Energy umbrella. (eiti.org)
  • The decision clarifies the duty of care standard a parent company owes when operating via a subsidiary and opens the gates to other English domiciled companies and their subsidiaries potentially being held accountable for any human rights abuses. (asser.nl)
  • Enel Green Power is a subsidiary company of Enel Group established in 2008 in Rome, Italy. (thereporterethiopia.com)
  • They also argued that Vedanta should bear equal legal responsibility, given its control over its mining subsidiary, the profit it makes from the mine and its alleged knowledge of the pollution. (business-humanrights.org)
  • Calls for higher mining taxes are increasing and new audits are in progress after comments about Zambia by the Vedanta Resources Chairman, Anil Agarwal , caused outrage. (africa-confidential.com)
  • A satellite office in DRC will be put up to support Ivorian subsidiary and Uganda. (co.ke)
  • Kampala - Mr Herman Kasekende, the first Ugandan to head Standard Chartered Bank, the second largest bank in Uganda, will be moving to Zambia as Chief Executive Officer. (monitor.co.ug)
  • Through our global scholarships program, we are also sponsoring students from Ethiopia, Senegal, Uganda and Zambia. (dlapiper.com)
  • and advising Africa's largest supermarket retailer, Shoprite Holdings, on its acquisition of a portfolio of retail assets from Massmart, a subsidiary of the world's largest grocer, Walmart. (dlapiper.com)
  • As part of the deal, Choppies will be responsible for collecting about R60 million it is owned by its struggling subsidiaries in Zimbabwe and Zambia. (sundaystandard.info)
  • Mr Speaker, I refer you to the National Assembly of Zambia Standing Orders, 2016. (gov.zm)
  • Since independence in 1964, Zambia has prepared and implemented several medium term national development plans. (who.int)
  • Northern Rhodesia (the former name for Zambia) was a British Protectorate before gaining Independence on 24.10.1964. (whatpassport.com)
  • As from 24.10.1964 until the present day, Northern Rhodesia became Zambia and was a independent Commonwealth country . (whatpassport.com)
  • Barrick supports the implementation of the EITI Standard in Dominican Republic, Peru, Tanzania and Zambia. (eiti.org)
  • In the Dominican Republic, Barrick Pueblo Viejo Dominican Corporation, a subsidiary of Barrick Gold Corporation, participates in the Dominican Republic multi-stakeholder group (MSG). (eiti.org)
  • But Mousseau questioned the MLG's use of blockchain to hand out private titles in Zambia. (mongabay.com)
  • Finally, US corporations are directly involved, as seen with a subsidiary of Overstock.com behind a blockchain-based land titling program in Zambia (see below). (oaklandinstitute.org)
  • The Zambia case study in the report demonstrates how blockchain is used to privatize land and access natural resources. (oaklandinstitute.org)
  • The day after the Overstock.com's subsidiary signed its MOU for the blockchain program for land titling in Zambia, it also penned an agreement with the World Bank to collaborate on similar projects in dozens of other countries. (oaklandinstitute.org)
  • According to the investigations, Glencore generates its huge profits through a subsidiary on the Bermuda Islands and an investment vehicle on the British Virgin Islands. (ejolt.org)
  • The judgment runs contrary to the historical legal doctrine that English domiciled parent companies are protected from liability for their foreign subsidiaries' actions. (asser.nl)
  • In his ruling, handed down today, Mr Justice Coulson granted jurisdiction over the claims, which involve allegations of serious environmental pollution, and rejected the Defendants' arguments that the cases must be brought in Zambia. (business-humanrights.org)
  • At MTN Zambia, we continuously strive to provide products and services that enrich the lives of our customers. (connect-world.com)
  • Wholly owned by IDC, INFRATEL is one of the largest telecommunication infrastructure providers in Zambia that owns and operates over 1,200 communication towers, three Data Centres and cloud services. (co.zm)
  • You won't need to establish your own subsidiary, and you can take advantage of our wealth of knowledge and resources. (globalization-partners.com)
  • Choppies Group will further remain responsible for any negative equity value in the South African subsidiaries which is yielded by applying a formula agreed by the two parties, and it is subject to R150 million payable over 15 equal monthly payments, which works out to nothing less than R10 million per month over that period. (sundaystandard.info)
  • As soon as you decide to work in Zambia, you need to prepare to establish a subsidiary in the country. (globalization-partners.com)
  • A legal entity is necessary to set up your payroll , hire employees, and work in Zambia. (globalization-partners.com)
  • Establishing a subsidiary will ensure that you get to work in Zambia. (globalization-partners.com)
  • We] have nothing to do with mineral rights whatsoever," he said, adding that the work in Zambia is with the Ministry of Lands and Natural Resources, not the Ministry of Mines. (mongabay.com)
  • The SFO's investigation has centered on the activities of the Kazakh subsidiary, but Gerrard widened the internal investigation to look at ENRC's activities in the Democratic Republic of Congo and Zambia at great expense-over six times the £2 million (U.S. $2.5 million) in fees ENRC expected for the work. (complianceweek.com)
  • He said the reinsurer will be optimising the performance of its subsidiaries as it seeks to get replacement business from the loss in India. (co.ke)
  • Barclays Bank of Zambia is a subsidiary of Barclays Bank in the UK, and through Barclays Global Securities, based in London, provides custody services for foreign investors. (mbendi.co.za)
  • The Group highlighted that the financial year was exceptional in the sense that all the subsidiaries delivered good results across the board, simultaneously elevating the performance of the Group to record highs despite the current economic environment in which it operates. (economist.com.na)
  • More recently, in September 2008, the TsavoriteOne project was again in the news when Gemfields, a group involved in emerald mining in Zambia, made a surprise offer for TanzaniteOne. (ruby-sapphire.com)
  • From AgroVision's home base in Apeldoorn (The Netherlands) and subsidiaries in Belgium and Denmark we cover the entire international farming sector. (agrovision.com)
  • On October 22, 2007, TanzaniteOne, the world leader in tanzanite mining, announced the acquisition of a tsavorite project through its subsidiary, TsavoriteOne Mining Ltd. The move was not surprising to people familiar with these gems given that tanzanite is a gem geologically linked with tsavorite. (ruby-sapphire.com)
  • Mr Speaker, I have also heard views from other sources of repute like Prof. Ndulo arguing that we operate on similar lines to the British Parliament, I believe, in an effort to try to hoodwink the masses in Zambia that we are doing something wrong. (gov.zm)