Zambia’s investment climate cheers KCM


Zambia’s investment climate cheers KCMBy Times ReporterKONKOLA Copper Mines (KCM) chief executive officer Kishore Kumar has said the favourable investment climate created by Government is attracting many foreign investors.Mr Kumar said that as a result of the policies and investment climate, many investors including KCM were considering Zambia as their second home.Speaking during the Initial Public Offering (IPO) meeting in Lusaka yesterday, Mr Kumar said the listing of KCM on the London Stock Exchange was as a result of the efforts from various stakeholders as well as the investment climate in the country.”We feel at home in Zambia and we are celebrating the listing because of the support and policies of the Zambian Government,” Mr Kumar said.He said what ought to be realised was the fact that the listing on the London Stock Exchange was coming seven months after the completion of phase 1 of the Konkola Deep Mining Project (KDMP) in Chililabombwe.

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