Is CEC profiteering from infrastructure it undeservedly owns?

Modified on Tue, 17 Jan 2023 at 07:05 AM

Development of CEC’s infrastructure dates back many years to the 1950s.

A consortium of mining companies in the Copperbelt formed the Rhodesia-Congo Border Power Corporation (now CEC) in the early 1950s as a privately-owned power utility. The Company has existed under different names (i.e. Rhodesia-Congo Border Power Corporation, Copperbelt Power Company and ZCCM Power Division). It was in 1997 reverted to a private company, post ZCCM privatisation.

The reasons for forming the Company in the 1950s were as true then as they are today: a company specialised in power sourcing and distribution to the mines using infrastructure designed with inbuilt reliability and security of supply to serve the peculiar needs of the mines, including the very wet underground Copperbelt mines.

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