Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa
Commodities

Zambia Optimistic as Vedanta Takes Over Konkola Copper Mine

Allen dreyfus Logo
© Allen Dreyfus

Kennedy Mupeseni

Kennedy is a Zambian based journalist covering business, finance, energy and mining.
  • $250 million secured for supplier payments
  • Stakeholders hopeful for economic boost

 

Lusaka, Zambia – Stakeholders in Zambia are hopeful that the takeover of Konkola Copper Mine (KCM) by Vedanta Resources will significantly boost the country’s economic prospects, given the vital role copper plays in the Central African economy.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
16/06/2026
1 month ago
Eric Kasongo
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
08/06/2026
1 month ago
Eric Kasongo
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Is Senegal drifting towards default as political rift deepens?
04/06/2026
1 month ago
Brandon Orion Mensah
Read More »

Recent Politics

Urban Johannesburg, South Africa. Photo @ Pixabay
Can $1.5bn World Bank loan revive South Africa's stalled economy?
24/07/2026
9 hours ago
Eric Kasongo
Read More »
Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Should regulators step in as Dangote controls Nigeria's petrol prices?
20/07/2026
4 days ago
Vincent Nwanma
Read More »
Planes on the tarmac of an airport. Photo by Max Chen @ Pexels
Can Togo become West Africa’s aviation hub after going visa-free?
13/07/2026
1 week ago
Brandon Orion Mensah
Read More »

Latest Posts

Latest news insights

Matilda Asante-Asiedu, Second Deputy Governor of Bank of Ghana. Photo: BoG/Facebook
Read More »
Matilda Asante-Asiedu: Why Ghana's central bank chose an ex-journalist leader
Urban Johannesburg, South Africa. Photo @ Pixabay
Read More »
Can $1.5bn World Bank loan revive South Africa's stalled economy?
Online fraud and cybersecurity threats on the rise. Photo by Sora Shimazaki @ Pexels
Read More »
How online fraud threatens Ivory Coast's e-commerce boom
An oil worker on the field. Photo by Chintya Akemi Keirayuki @ Unsplash
Read More »
Hormuz disruptions: Can Uganda reduce East Africa's dependence on Gulf oil?
Urban Johannesburg, South Africa. Photo @ Pixabay
Read More »
Can $1.5bn World Bank loan revive South Africa's stalled economy?
Online fraud and cybersecurity threats on the rise. Photo by Sora Shimazaki @ Pexels
Read More »
How online fraud threatens Ivory Coast's e-commerce boom
An oil worker on the field. Photo by Chintya Akemi Keirayuki @ Unsplash
Read More »
Hormuz disruptions: Can Uganda reduce East Africa's dependence on Gulf oil?
Workers at an outdoor mining site in Congo. Photo by Safi Erneste @Pexels
Read More »
South Africa's 5.4% mining slump masks Africa's uranium opportunity
Online fraud and cybersecurity threats on the rise. Photo by Sora Shimazaki @ Pexels
Read More »
How online fraud threatens Ivory Coast's e-commerce boom
An oil worker on the field. Photo by Chintya Akemi Keirayuki @ Unsplash
Read More »
Hormuz disruptions: Can Uganda reduce East Africa's dependence on Gulf oil?
Workers at an outdoor mining site in Congo. Photo by Safi Erneste @Pexels
Read More »
South Africa's 5.4% mining slump masks Africa's uranium opportunity
Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
Read More »
Why is Congo becoming Visa's global stablecoin testing ground?