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Divesting The Zambian Mining Industry 247caseanalysis

DIVESTING THE ZAMBIAN MINING INDUSTRY1

13“Zambia copper industry needs modern equipment,” Mining in Southern Africa Quarterly, 3rd Quarter, 1998. 14“Annual loss precedes privatization decision,” Mining in Southern Africa Quarterly , 2nd Quarter, 1997. 15F. Mutesa, “Transparency and the Rule of Law in the Privatization of the Zambia Consolidated Copper

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the Zambian mining industry as a major world producer of refined copper. In order to achieve this, the bulk of new funds would have to be sought from outside Zambia, and there were concerns over the resulting level of foreign control. Therefore, a second objective was to find a strategy which either retained some degree of local control over

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