The Mine suppliers and contractors Association of Zambia has appealed to Copperbelt Energy Corporation (CEC) to support and engage Konkola copper mines (KCM) in private over the 140 million US dollars the later allegedly owes the power utility.
Association president Augustine Mubanga says the deteriorating relationship between KCM and CEC if left unchecked can have far-reaching devastating effects on the economy and sustainability of the mine.
Mr. Mubanga in a statement to ZNBC news in Kitwe says KCM just like other mining companies are passing through a difficult time that requires everyone’s support, especially in the wake of the COVID-19 outbreak which has punched holes in the production benchmarks.
He said Both Konkola Copper Mines and Copperbelt Energy Corporation are strategic Assets of the nations and therefore their actions have far-reaching consequences on the economy and the people of Zambia.
Mr. Mubanga urged CEC and all players in the Power sector to accept the government’s move to liberalize the energy industry.