Economy

Investors Flood Govt With Requests To Run KCM

Lusaka ~ Thur, 08 Oct 2020

By ZR Reporter

Mines Minister Richard Musukwa said government is not interested in running Konkola Copper Mine (KCM) should all court cases be concluded in their favour but has a number of investors lining up to take over operations.

Responding to questions in Parliament on Wednesday afternoon, Mr Musukwa said government will remain with its role of providing policy on operations of the mines in the Country.

He said the delays to conclude cases have been frustrating but all stakeholders are patiently waiting for the courts to determine the conclusion.

Mr Musukwa said he is confident that cases will be concluded on time, adding that Zambia has a strong case and should matters go against it, all appeal processes will be looked at to have the matter concluded.

He said government is aware of the anxiety created by the delays to conclude the matter, adding that the welfare of the workers remains a priority.

Mr Musukwa added that the liquidation process has, however, given hope to mine workers because before then, most key mines were almost coming to a standstill.

5 Comments

  1. JMS

    You are just carering for workers what about assets, minerals etc.

    Reply
  2. JMS

    The more time you spend the more money wasted.

    Reply
    • AM

      Government has no problem, our courts you should prioritize some of the cases which are so important to our economy.

      Reply
  3. Zed

    Our government is not serious not even at all

    Reply
  4. JMS

    Why courts? because the government is even owning the speaker, justice minister any law firm is supervised by the government. The case is type of governance is what determines everything.

    Reply

Leave a Reply