No breach of law in UAE firm’s acquisition of Mopani shares – IDC
Published On March 26, 2024 » 663 Views» By Times Reporter » HOME SLIDE SHOW, SHOWCASE
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. Muleya

By CHUSA SICHONE and ANDREW MULENGA –
THE Industrial Development Corporation (IDC) says there is no breach of the Constitution in the acquisition of 51 percent of Zambia Consolidated Copper Mines – Investment Holdings (ZCCM-IH) shares in Mopani Copper Mines (MCM) by International Resources Holding (IRH).
IDC chief executive officer Cornwell Muleya said the Government followed the due process of law in awarding IRH, through its wholly-owned subsidiary Delta Mining, 51 percent of the MCM shares.

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