By OLIVER SAMBOKOSINCE it is now clear that Vedanta is coming back to operate KCM, Government should act fast without any delays to safeguard the mine assets, says Nkana Member of Parliament Binwell Mpundu.Mr Mpundu said the longer Government takes to make a decision, the more the KCM assets are getting into bad shape and the more the people on the Copperbelt are getting into destitution.He however said the government should ensure that in any agreement with Vedanta, a clause should be inserted that binds the mining giant to the commitments.He said the pledge by Vedanta to inject $1 billion into the operations and infrastructure development at the mine and commitment to paying off the $220 million debts owed to suppliers at the time they left, is a welcome move.Mr Mpundu said looking at the commitments by Vedanta, wasting time to come up with a decision was not the best option for the country as […]
ACT FAST ON VEDANTA COMEBACK – MPUNDU
