Advocates for National Development and Democracy -ANDD- is urging stakeholders to support government’s position to give back Vedanta Resources to Konkola Copper Mines -KCM-, saying a lot of opportunities will be created which will benefit Zambians.
Mr. Banda believes the decision by government is aimed at revamping the mining industry and promoting social economic growth in the country.
He has indicated that Vedanta Resources is a suitable investor to operate KCM efficiently and effectively optimally as it is not just the legal owners but has a strong global footprint, huge financial and technical capacity.
Mr. Banda has since emphasized that government and Vedanta should expedite the negotiations process since Mines Minister Paul Kabuswe indicated that only one item is remaining before handing the asset back to Vedanta.
