Nationalizing Zambia s copper mines dw.com 3/12/2021 Glory Mushinge
The Zambian government has taken over operations at a major copper mining company in what is seen as a move towards increasing its direct control of the key mining sector. Economists are urging Lusaka to tread carefully. © Reuters/S. Henry The COVID pandemic has led to job losses in Zambia s mining industry
Economists in Zambia paid close attention when the government announced that it would acquire Mopani Copper Mines Limited. The copper and cobalt exporting firm is jointly operated by companies based in Switzerland and Canada. The Zambian government owns only 10% of the company.
Lusaka
Zambia
Copperbelt-province
Luapula
Canada
Switzerland
Congo
Mushinge
Eastern
Zambians
Zambian
Ron-smit
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