Thu, 31 Aug 2017 09:57:21 +0000 …AS PRESIDENT LUNGU MEETS CEC, GLENCORE DIRECTORS By Oscar Malipenga and Charles Musonda COPPEBELT Energy Corporation (CEC) has restored the full 250 watts of power to Mopani Copper Mines (MCM), following President Edgar Lungu’s intervention yesterday. The move allows the giant mining company to resume full operations. Yesterday, the President met Glencore directors and CEC chief executive officer to discuss the situation at Mopani. This came to light yesterday after a court sitting in Kabwe before Kitwe High Court Judge Timothy Katanekwa in a matter where MCM sued CEC for contempt of court for disobeying an injunction that compelled the power utility company to restore full power supply to Mopani. CEC lead lawyer Elijah Banda told journalists in Kabwe yesterday that the two parties had reached an agreement after a deal brokered by other stakeholders. “We have arrived at a settlement on various issues that were in contention. This […]
