Tue, 05 Sep 2017 10:35:14 +0000 By Aaron Chiyanzo GOVERNMENT should take back control of major private entities to safeguard the economy and the interests of employees, United National Independence Party (UNIP) deputy secretary general Alfred Banda has advised. Rev. Banda noted that government was at the mercy of investors because it did not have an adequate stake in the ownership of the private entities. He was reacting to the impasse between the Copperbelt Energy Corporation (CEC) and Mopani Copper Mine, which has led to revenue losses and an averted threat of job losses. Rev. Banda advised government to own more shares in private companies and also come up with deliberate policies which would ensure that the economy was safeguarded. He said in an interview with the Daily Nation that government was failing to give clear guidelines in the operations of private entities because it was not a majority shareholder. Rev. Banda reiterated that private […]
