By KETRA KALUNGA and ADRIAN MWANZAINSTEAD of privatising the mines, Government should look for a credible partner with a robust balance sheet to run Konkola Copper Mines (KCM) and Mopani mines to provide requisite investment capital which they could not muster on their own, former Vice President, Enock Kavindele has advised.The premium price that copper was fetching, he said, was a sufficient incentive to attract an investor that would work with the government in running the mines.And Zambia Chamber of Commerce Chief Executive Officer (CEO) Sokwani Chilembo has echoed Mr Kavindele’s sentiments and said there was need for foreign investment capital to be pumped into Konkola Copper Mines (KCM) and Mopani Copper Mines (MCM) for them to become viable.Mr Chilembo said the two mines needed foreign capital to be injected in them so that they could remain afloatAnd Mr Kavindele was sure that a credible partner with a strong balance sheet could be the answer […]
DON’T SELL MINES- KAVINDELE
