COURT ORDERS SEIZURE OF KCM PROPERTIES WORTH K38.9 MILLION OVER UNPAID DEBT
The Lusaka High Court has ordered the seizure of goods, chattels, and other property belonging to Konkola Copper Mines (KCM) valued at K38.9 million. This follows KCM’s failure to pay Copperbelt Energy Corporation (CEC) a debt of $11.84 million (K38.9 million at the time of the order) under the creditors’ scheme of arrangement, which is Read more about COURT ORDERS SEIZURE OF KCM PROPERTIES WORTH K38.9 MILLION OVER UNPAID DEBT[…]