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Nationalizing Zambia s copper mines

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.

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