By KALOBWE BWALYANOTHING should be done to Zesco unless an “indaba” was called or indeed if President Hakainde Hichilema appointed a commission of inquiry, to investigate the full range of options.Golden Party of Zambia president Jackson Silavwe has advised that Government should not be in a hurry to unbundle the utility to appease the International Monetary Fund (IMF).Zesco, he said, could run profitability without IMF prescriptions if politics are taken out of the computation which had since seen the utility shrinking.Mr Silavwe advised that Zesco needs home-grown solutions and not IMF-prescribed programmes.He said the UPND administration should not be in a hurry to unbundle Zesco the IMF way, but to listern to what the majority Zambians are saying.“The last time IMF intervened in Zambian economic affairs, the country experienced unimaginable joblessness and poverty levels not forgetting the high cost of living. And most people died of depression because they could not cope with the situation,” […]
GOVT MUST CALL FOR AN ‘INDABA’ OVER ZESCO
