An announcement is made in the budget speech that ZCCM is to be privatized within two years

An announcement is made in the budget speech that ZCCM is to be privatized within two years
ZCCM Ltd formed from the merger of NCCM and RCM
Zambian Government took over responsibility for management and sales
Zambian Government acquired a 51% share in the ownership of the copper industry
Following independence, the Zambian government acquired mineral rights of the British South Africa Company
Mufulira begins smelting
Ownership of Bwana Mkubwa and Nchanga was amalgamated in Rhokana Corporation
Rhodesian Anglo American Formed