By SANFROSSA MANYINDA
THE Copperbelt Energy Corporation (CEC) says the strategic business plan for the period 2020–2023 provides a roadmap for positioning the business for continuity and growth.
CEC chairman, London Mwafulilwa, said the company continued to focus on successfully implementing the strategic plan, which should see a significant reduction in the risks facing the business.
Mr Mwafulilwa said in Kitwe that the strategic plan would ensure the successful development of the company’s business model over the period.
He however said there was need for concerted efforts to support management team for the business to be taken forward.
“Pursuing growth both at home and in other geographies remains an integral part of our growth strategy. The upward trend in growth in the DRC market was maintained despite suffering artificial transmission path constraints,” he said.
Mr Mwafulilwa said the reinforced marketing and stakeholder relationship management activities being stirred by its DRC company, CEC-DRC Sarl, continued to gain traction.
He added that the diversifying of the company’s supply sources had been top of its agenda as it sought to firm up the supply side.
He added that during the year 2020, the company started taking power from Lunsemfwa and the Dangote thermal power plants, sources he said were a good addition to the company’s supply portfolio.