Copperbelt Minister, Matambo, claims business returning to Copperbelt


Copperbelt Minister, Elisha Matambo, says business is bouncing back to the region.

Speaking during the official opening of the second edition of the Copperbelt Motor Show in Kitwe on Saturday, Matambo claimed that recapitalization of Mopani Copper Mine (MCM) had come with a lot of business opportunities.

“Copperbelt is ready for business after the unlocking of MCM and within few weeks we are sorting out issues at Konkola Copper Mine (KCM) which provide a lot of business opportunities for local enterprises,” he said.

Matambo added that the event marked a significant milestone in the automotive industry.

Read more:Copperbelt Minister, Matambo, unveils Hichilema’s itinerary, as president undertakes five-day tour of region

He said the event would not only serve as a platform for showcasing the latest advancements in automotive technology, but also played a crucial role in driving economic development for the copperbelt region.

Matambo said there was need for increased partnerships for local and international businesses to grow critical sectors of the economy on the Copperbelt and beyond.

Chief Executive Officer of the show, Bobby Singh, said the 2024 edition attracted about 80 brands growing by 20 as compared to last year’s 60 brands.

“This year’s show has grown from the flagship’s 60 brands to 80 brands representing a steady growth.

“We are growing from strength to strength, last year we hosted 60 brands,” he said.

Zambia Chamber of Commerce and Industry (ZACCI) president, Anthony Kabaghe, stated that the event had been a good platform to showcase innovation in the automobile industry.

“I am impressed with the quality of display, this is great platform for the automobile industry to showcase their innovations,” he said.

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