(Reuters) - Zambia plans to revoke a 20-year concession awarded to the company which operates the national railways network, a key transport route for its vast copper and cobalt mines, President Levy Mwanawasa said on Friday.
Railway Systems of Zambia (RSZ), a subsidiary of New Limpopo Bridge Investments (NLBI), will lose the concession to provide freight service -- one of the country's major privatizations -- because of its poor management, said Mwanawasa.
Read more at Reuters Africa
Railway Systems of Zambia (RSZ), a subsidiary of New Limpopo Bridge Investments (NLBI), will lose the concession to provide freight service -- one of the country's major privatizations -- because of its poor management, said Mwanawasa.
Read more at Reuters Africa
No comments:
Post a Comment