The National Energy Sector and Allied Workers Union (NESAWU) has urged Government not to rush into restructuring ZESCO as doing so may result in economic misfortunes.
NESAWU General Secretary, Manson Mtambo said through the statement availed to media yesterday that Government should first carry out studies on the mode of restructuring the company and its impact on the economy.
Mr. Mtambo said the state should take stock of lessons learnt from the unbundling of state owned enterprises such as ZCCM and the Postal Telecommunications Corporation (PTC) whose economic benefits have remained elusive.
Mr. Mtambo said the move will result in an increase in electricity tariffs, further stating that the situation will have an adverse effect on ordinary citizens.
The NESAWU General Secretary said through the high cost of electricity generation and transmission which will be necessited by the importation of equipment and machinery.
Government is in the process of disbanding the country’s only power utility company in three entities namely power generation, distribution and marketing with each one working as a single entity.