(Reuters) - Zambia's Copperbelt Energy Company (CEC) will spend $60 million to increase power supply to the African nation's copper mines by 40 percent and plans to list on the Lusaka bourse, a senior executive said on Wednesday.
Hanson Sindowe, the executive chairman of CEC, told Reuters that the firm was upgrading its power distribution equipment and machinery, which was over 50 years old, to maintain supply to the copper and cobalt mines in the southern Africa nation.
Read more at Reuters Africa
Hanson Sindowe, the executive chairman of CEC, told Reuters that the firm was upgrading its power distribution equipment and machinery, which was over 50 years old, to maintain supply to the copper and cobalt mines in the southern Africa nation.
Read more at Reuters Africa
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