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Vedanta selling its KCM shares

…to International Holding Company of Abu Dahbi which has offered more than US$1 billion to buy a 51 percent stake in Konkola Copper Mines from Indian billionaire Anil Agarwal-owned Vedanta


EDITH Nawakwi has said those who are fraudulently buying Zambia’s mines should be put to notice that the country’s legal procedures for the sale of the mines have been breached and any other government that will come after the UPND shall recall the mines back into the hands of Zambians.

And Vedanta Resources has offered to sale 51 percent of its 80 percent newly acquired shares in Zambia’s Konkola Copper Mines (KCM) to International Holding Company (IHC) of Abu Dhabi, which has so far offered more than CLICK TO READ MORE


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