BY BUUMBA CHIMBULUOVER K14 billion worth of export earnings from refined copper was realised by November, 2021.This is due to an increase in volumes of copper exported be- tween January and November 2021 by 19.1 percent to 86,800 metric tonnes from 72,900 metric tonnes, according to the Zambia Statistics Agency statistician General, Mulenga Musepa.According to Mr Musepa, Zambia’s copper export earn- ings from refined copper in November ,2021 increased by 24.9 percent to about K14.7 billion from almost K11.8 bil- lion in October .“Despite the price of copper on London Metal Exchange (LME) decreasing by 0.1 per- centage point to US$9,765.5 per tonne in November, 2021 from US$9,778.5 per tonne in October the country recorded an increase in earnings,” Mr Musepa told Journalists re- cently.He however stated that the volume of refined cop- per exported for the period January to November, 2021 was 822,000 metric tonnescompared to 854,000 metric tonnes the same period last year.This, […]
OVER K14BN REALIZED FROM EXPORT EARNINGS
