Residents of Chingola on the Copperbelt say the return of Vedanta at Konkola Copper Mines -KCM- will revive the economy of the province.
The residents have told ZNBC News in Chingola that the economy of the region has declined over the years while jobs have also been cut leaving the communities in poverty.
GERA CHIMWE said the Government’s decision to bring Vedanta back is the best thing for the economy of Chingola.
Meanwhile Chingola Chamber of Commerce and Industry President FRED MUSONDA said there is need to closely monitor operations at KCM to protect the interests of Suppliers and contractors.
And Chingola Mayor JOHNSON KANGOMBE said KCM owes the Local authority 57 million Kwacha and that the return of vendetta, who is the legal owners of the Mine will help boost economic activities in the region.
The Emerald and Semi Precious Metals Association of Zambia-ESMAZ- says the resolution of the KCM issue will boost economic activities on the Copperbelt.
ESMAZ President VICTOR KALESHA told ZNBC News in Lusaka that KCM gives a lot of opportunities for contractors and mine suppliers who in turn support a large number of people in the province.
And former Chingola District Commissioner GEORGE SICHULA said the mining town has had no significant economic activities since KCM was liquidated in 2019.
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