Zambia’s Govt Expects Mopani Handover to Boost Kwacha Stability
Handover of Mopani Mines to Delta Mining Expected to Bolster Kwacha Stability, says Government Spokesperson
Cornelius Mweetwa, the Chief Government Spokesperson, asserts that the transfer of Mopani Copper Mines to Delta Mining Limited will play a pivotal role in further stabilizing the Kwacha against major convertible currencies.
Mweetwa emphasizes that the activation of Mopani’s operations will not only contribute to Kwacha stability against the dollar and other convertible currencies but also lead to an increase in copper production.
President Hakainde Hichilema is slated to formally hand over Mopani Mines to Delta Mining Limited, a subsidiary of International Resource Holdings, today.
Mweetwa, who also serves as the Information and Media Minister, made these remarks during the Zambia Institute of Public Relations and Communications (ZIPRC) 2024 Annual Conference held in Livingstone.
