By AARON CHIYANZO in ChinsaliTHERE is nothing sinister about the acquisition of Mopani Copper Mines shares by the State, President Edgar Lungu has said.President Lungu said Government would takeover businesses whose investors fail to adhere to set guidelines.He said the wholly takeover of Mopani by the State was in the nation’s interest.The President said this during a meeting with the Chinsali Pastors Fellowship at Kapasa Makasa University yesterday.“We have heard some people saying many things about Government acquiring a 100 percent stake in Mopani, but I want to say that there is nothing wrong with that. If investors fail to follow our rules, we will take over the business and run it ourselves,” he said.And the President also announced that about K50 million had been reserved as a stimulus package for the clergy in responding to the economic shocks of the Covid-19.He observed that the clergy like many others had been badly hit by the […]
Nothing sinister about Mopani deal, says Lungu
