IN the past two weeks, a high-powered Government delegation addressed workers at Indeni Petroleum Refinery in Ndola informing them officially of the change of mandate at Indeni.To be specific, Indeni will no longer process crude oil but will be importing refined fuel for reselling and will also make money from hospitality arrangements with oil companies who wish to keep their fuel in tank farms owned and controlled by Indeni.With regard to Zesco, expressions of interest have been invited for structural and financial reforms at the power utility firm. These two issues are still trending.While working for Sasol Limited in Johannesburg, South Africa, I went through first hand experience of what it feels to go through a restructuring process.This particular restructuring process was code named “Project Phoenix” and it came a few years after an earlier major restructuring project code named “Project Functional Excellence.”Sasol is a global organisation with presence on all continents producing fuels, chemicals […]
RESTRUCTURING ZESCO, INDENI: ARE WE PREPARING EMPLOYEES WELL?
