By SIMON MUNTEMBACONTRARY to misconceptions created in some section of the media, Government’s acquisition of 49 percent shares in Marcopolo Tiles Company Limited is recommendable as it is a viable business, the Economics Association of Zambia (EAZ).EAZ president, Lubinda Haabazoka said the association fully support Government for having rightly put the resources of the people of Zambia into the tile-making company. Dr Haabazoka said this yesterday after touring Marcopolo Tiles Company Limited manufacturing plant in Lusaka West.“There has been a lot of misconceptions in the press as of the true value of the factory and its capabilities, but I think as an association today we stand extremely proud that in Zambia we have a factory co-owned between the private sector and Government through the Industrial Development Corporation (IDC), National Pension Scheme Authority (NAPSA) and the Workers Compensation Fund Control Board (WCFCB).“As an association we give this investment 1000 percent approval and we fully back Government on […]
EAZ HAILS IDC, MARCOPOLO DEAL
