By ADRIAN MWANZAFORMER Economics Association of Zambia president Lubinda Haabazoka has opposed the placing of Indeni on care and maintenance as it is a likely route to liquidation or privatisation.Dr Haabazoka said the move had negative impacts because once oil tanker mafias took control over fuel importations, the country shall start having shortages because they would only import commodities that they deemed profitable.He said Indeni was not just about 300 direct employees, it was about the entire infrastructure that was built from Dar es Salaam to Ndola.Dr Haabazoka said in the area of energy security, the country’s first President Kenneth Kaunda in his wisdom decided to build Indeni because it was very cumbersome to move fuel in trucks and by rail.“Indeni is also about energy security as tanker drivers will now hold government at ransom every time the Kwacha/Dollar rate shifts by a ngwee. Imagine also the damage to the roads and just the cumbersome […]
SAVE INDENI – HAABAZOKA
