CAPITAL MARKETS

Report: Zambia to issue Konkola prospectus

ZAMBIA plans to issue a prospectus at the end of the month for its troubled Konkola Copper Mines after Anglo American pulled out of the company in August, Finance Minister Emmanuel Kasonde has told <I>Reuters</I>.

Greg Tubby
Report: Zambia to issue Konkola prospectus

The announcement comes after KCM chief financial officer Norman Mbazima said in a statement on Monday the company needed US$150 million over the next three years to boost productivity and reduce costs....

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