Economists hail CEC’s winning energy strategy

-


Economists say Copperbelt Energy Corporation’s (CEC) continued revenue and profit growth reflects sound management and strategic positioning in Zambia’s energy sector.

CEC recently reported a half-year Profit After Tax of US$61.5 million for the period ending 30th June 2025, up from US$43.2 million in the same period last year.

Revenue surged 58 percent to US$360 million, marking the third consecutive half-year of profit growth.

CEC Chief Executive Officer Owen Silavwe attributed the growth to strong performance across all business segments, including local and regional power sales and wheeling.

Economist Henry Muleya has noted that CEC’s strategic investments, such as upgrading infrastructure and developing its own renewable energy generation plants, have moved the company beyond transmission into generation.

“The impact is evident in increased revenue and profitability,” he said.

With mining operations expected to expand in Zambia and the region, Mr. Muleya said CEC is well-positioned to meet the growing power demand from the sector.

He has explained that additional generation capacity will provide stable supply, boost investor confidence, and support greenfield mine development, benefiting the broader economy.

“CEC’s strong performance indicates positive energy policy and a conducive investment environment. Its US$1 billion market capitalization signals growing stock market confidence in its medium- to long-term earnings potential,” Muleya added.

And Economist Kelvin Chisanga has praised Copperbelt Energy Corporation (CEC) for its aggressive growth strategy and strong financial performance, describing it as a sign of Zambia’s evolving energy sector.

Mr. Chisanga has noted that CEC’s profit and margin growth reflects innovative approaches to capturing market share, driven in part by rising demand from the mining sector and regional power trade.

He has highlighted that the company’s market capitalization of about US$1 billion signals growing investor confidence and a maturing capital market in Zambia.

“The company’s performance shows that Zambia is making strides in upgrading its energy sector, leveraging both local demand and regional opportunities,” Chisanga said.

However, he has cautioned that sustainability remains a key challenge.

With electricity generation largely dependent on hydro sources, managing drought risks is critical.

He has also noted the need to address currency volatility, which can affect operational stability and investor confidence.

Mr. Chisanga said while CEC’s growth is impressive, long-term planning and risk management will be essential to ensure the company and Zambia’s broader energy sector remains resilient and continues to attract investment.

Ends………………

Comments

Post a Comment

Popular posts from this blog

Beltz pledges impactful leadership as ZedPro Global Patron

-
Image
Global Patron  for ZedPro Sports Foundation , an organisation dedicated to youth development through sports, financial literacy, and personal growth   Nkandu Beltz   has  expressed deep appreciation for the appointment and pledged to make a lasting contribution. “I’m completely stoked to be appointed ambassador for such an important cause,” said Beltz. “I have pledged to do my best to create a meaningful impact and build on the shoulders of giants,” she said. Ms. Beltz said  the Foundation’s focus on empowering young people through sport, which she described as a powerful tool for personal transformation. “We work mainly with young people through sport, which encourages self-discipline   and a self-disciplined person can achieve anything in life,” she said. “But it’s not just about the physical side. We are also teaching financial literacy and engaging in personal development initiatives for these young people.” She added that one of her top priorities as g...
Read more

CSPR and UNICEF launch Toolkit to amplify adolescent voices

-
Image
The Civil Society for Poverty Reduction (CSPR), with support from the United Nations Children’s Fund (UNICEF), has launched the School and Junior Councils Advocates Toolkit , a practical guide designed to equip adolescents with the skills they need to organize and effectively manage student and junior councils across Zambia. The toolkit is much more than just a manua l  it offers young people a platform to raise their voices, participate meaningfully in school governance, and play an active role in community development. Set to be rolled out nationwide, this initiative supports Zambia’s broader efforts to boost youth participation in governance and local development. Developed through extensive research in Lusaka, Katete, and Kafue districts, the toolkit benefited from the insights of teachers, District Education Boards (DEBs), student and junior councils, CSPR staff, and UNICEF. Lead consultant Dr. Aaron Chansa has described the launch as a landmark moment in promoting youth leade...
Read more

Syngenta champions sustainable Farming through Pesticide container Recycling

-
Image
Syngenta East and Southern Africa Managing Director, Given Mudenda, has reaffirmed the company's commitment to environmental stewardship through a groundbreaking pesticide container recycling initiative. Mr. Mudenda who also serves as Chairperson of CropLife Zambia and sits on various regional boards of CropLife Africa   said Syngenta began the project years before Zambia introduced legislation on pesticide container management. “We didn’t wait for the law. We started this out of a sense of responsibility and sustainability,” he said. “T he initiative began with collecting empty pesticide containers from seed companies and has since grown into a national program. In partnership with CropLife and other major agrochemical firms like Bayer and BASF, Syngenta has helped establish drop-off centers where farmers can return used containers ,” Mr. Mudenda said.   He said t hese are cleaned and recycled into useful products including plastic pools for tomato growers, reducing the need ...
Read more