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Copperbelt Energy Corporation (CEC) Plc has mooted plans to delink its pan-African power assets developer CEC Africa from the CEC group. Julia Chaila, company secretary said the decision yet to get approval from shareholders is expected to improve CEC Plc financial performance. CEC Africa is currently reeling from operation challenges …
Read More »CEC sues KCM over US$30 million power debt
Copperbelt Energy Corporation, Zambia’s supplier of electricity to mining companies on the Copperbelt has dragged Konkola Copper Mines to court over a US$30 million debt it is owed based on an internal agreement, the Post reported. Citing an affidavit filed before the Lusaka High Court, CEC wants KCM, a unit …
Read More »Schneider targeting Zambian energy, mining sectors
Zambia has remained an attractive investment destination for various multinational companies that have been overwhelmed by the Government’s policies coupled with politics-making the country a haven of increased direct foreign investment in Africa and beyond. However, despite the country’s vast natural resources, the Southern African state-Africa’s leading copper producer is …
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