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President Lungu has implored Copperbelt Energy Corporation (CEC) and Zambia Electricity Supply Corporation -Zesco to guarantee a smooth transition of the bulk power supply agreement which would come to an end in the year 2020.
The power utility firm generates and supplies power in bulk to CEC which in turn feeds the mining industry in a tripartite arrangement.
Speaking through the Special Assistant for Press and Public Relations Amos Chanda, he further noted on the weakening local currency that Government was examining local factors, but pointed out that the US dollar was appreciating, hence many other currencies were taking a downward trend.
