Twilight on the Zambian copperbelt?

Craig, John (2002) Twilight on the Zambian copperbelt? Review of African Political Economy, 29(92), pp. 364-368. ISSN (print) 0305-6244

Official URL: https://doi.org/10.1080/03056240208704623

Abstract

On 25 of January 2002 Anglo AmericanPic announced its intention to withdrawfrom its mining operations on the Zam-bian copperbelt. In recent years, KCM(which is controlled by Anglo via itsmajority holding in Zambia Copper In-vestment Limited) has been responsiblefor around two-thirds of Zambia's cop-per production, half of its foreign ex-change earnings and currently directlyemploys 11,000 workers. The threat ofclosure, therefore, represents a potentialcrisis not just for the Zambian copperindustry, but for the Zambian economyas a whole. The aim of this article is toprovide a brief overview of the back-ground and emergence of this crisis, andto outline some of the future prospects forthe industry.

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