Search

Zambia Optimistic as Vedanta Takes Over Konkola Copper Mine

Allen dreyfus Logo
© Allen Dreyfus
  • $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.

Recent Business

Ziguinchor, Senegal. Photo by Sweder Breet @ Unsplash
Senegal exports plunge 50% as gold collapse exposes economic vulnerability
Read More »
The beach off Matemwe in Zanzibar, Tanzania. Photo by Crispin Jones @ Unsplash
Zanzibar sees 4.9% rise in tourist arrivals despite seasonal dip
Read More »
Morocco @ Pexels
Morocco inflation stays negative in February as weak demand persists
Read More »

Recent Politics

A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »

Latest Posts

Latest news insights