‘High copper prices cushioned Zambia’s economy’
Published On December 31, 2021 » 434 Views» By Times Reporter » Business, Stories
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THE copper prices witnessed this year helped to cushion Zambia’s economy from the negative effects of COVID-19 pandemic and the debt default, PricewaterhouseCoopers (PwC) has observed, PwC chief executive officer and senior partner Andrew Chibuye said this year, copper prices increased from $6,000 per tonne to an average of $9,250.
Mr Chibuye said the increase in the copper prices to an average of $9,250 was fundamental for the continued growth of the economy.

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