INTRODUCTION
Now Import & Export Zambia Limited ("NIEZ" or "the Company") is a legally registered entity under the Companies Act No. 10 of 2017 of the Laws of Zambia, incorporated on 19th November 2020. The Company operates under Industry Code 0729 of the International Standard Industrial Classification (ISIC), specializing in the trading, exploration, mining, and processing of precious and base metals, including copper, cobalt, lead, zinc, tin, and manganese. Beyond mineral resources, NIEZ is actively engaged in the trade of agricultural and agro-processed commodities, as well as the importation, distribution, and exportation of petroleum products. With a growing global network of investors, stakeholders, and partners, the Company has demonstrated its ability to execute projects effectively, delivering comprehensive solutions from inception to completion.
In the mineral trading sector, NIEZ secures its metals through long-term agreements with local suppliers, including off-take and joint venture arrangements. These strategic partnerships not only support local enterprises but also contribute to employment creation and sustainable economic growth. While its initial operations were focused on trading, NIEZ has progressively expanded into mining and processing investments, reinforcing its commitment to Zambia’s economic development. The inclusion of a local shareholder further underscores the Company’s dedication to fostering community empowerment and long-term national engagement.
As part of its expansion strategy, NIEZ has committed a $20 million investment under an approved Investment License with the Zambia Development Agency (ZDA) to establish its own mining and processing operations. This includes the development of a copper concentrate processing plant and infrastructure for processing gold ore into semi-refined gold nuggets and bars. Additionally, the Company has entered into major Joint Ventures, significantly propelling its investment beyond the initial $20 million commitment. These ventures not only enhance capital inflows but also facilitate large-scale exploration and mining activities, further strengthening NIEZ’s position as a key player in the sector. To enhance investment security and operational stability, NIEZ has also entered into an Investment Promotion and Protection Agreement (IPPA) with the Government of Zambia, ensuring mutual confidence in the Company's long-term contributions to the country's economic landscape.