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Chingola Chamber of Commerce of Industry (CCCI) president, Freddie Musonda, has joined other stakeholders in demanding answers from the government to resolving issues at Konkola Copper Mine (KCM) and Mopani Copper Mine (MCM).
On Friday, Copperbelt Civil Society Mining Consultative Forum (CSMCF) stated that it was disappointed by President Hakainde Hichilema’s inertia in resolving issues at KCM and MCM.
The forum also described the statement attributed to Mines and Minerals Development Minister, Paul Kabuswe, saying the Democracy Summit delayed decision making as disappointing.
Read more: Copperbelt forum worried at lack of progress in resolution of Konkola, Mopani mines tussle
In an interview on Sunday, Musonda said KCM and Mopani were cash-cows not only to the people of the Copperbelt but the country as whole.
“The government needs to provide answers as soon as possible, the lives of people depend on the two mines,” he said.
Musonda,a Chingola businessman stated that because of the delay in ironing out issues with Indian miner, Vedanta Resources, the cash flow for KCM had been very low leading to delay in paying suppliers.
He said this was leading to limited liquidity in Chingola and the country as a whole.
Musonda stated that KCM was a sleeping giant saying a well recapitalised KCM would improve the general economic wellbeing of the country.
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