By MOSES SINJWALA
A NEW investor for Konkola Copper Mine (KCM) is urgently needed before the mine becomes a shell, Zambia Chamber of Commerce and Industries (ZCCI) president Michael Nyirenda has said.
Mr Nyirenda said KCM would not operate at the same capacity though despite government assurance that it would continue to operate.
He said his organisation was monitoring the on-going process between government and KCM and hoped that the two would quickly resolve the issue because Zambians would be affected if no proper solution is found soon.
Mr Nyirenda said, “If KCM and Nchanga open pits are operating at full capacity, they can produce over 600, 000 metric tons of copper ore and help improve the revenue inflow to the country.”
He said that the situation could in the long run help stabilise the economy.
Meanwhile, Mr Nyirenda has advised Zambian business houses and manufacturers to produce quality goods which could favorably sell on the international market.