By BARNABAS ZULU BANGWEULU aspiring Independent parliamentary candidate Reuben Chama has opposed the possible privatisation of Zesco, the national power utility, warning that if the company is unbundled and sold, ordinary Zambians will be pushed into poverty. The controversy follows claims by Citizens First president Harry Kalaba who revealed that the government is in talks with a United Kingdom-based firm regarding the unbundling and eventual sale of Zesco. However, Mr. Chama has voiced grave concerns about the proposed move, stating that such a sale would lead to higher electricity tariffs, making it unaffordable for the majority of Zambians. “If the rumour of the sale of the national utility company (Zesco) is true, I would advise the government to rescind its decision, as this action will have a negative impact on the common man,” Mr. Chama said in an interview yesterday. Mr. Chama emphasised that once Zesco is privatised, the new owners are likely to increase […]
Resist temptation of selling State assets, Chama advises gov’t
