Q FM Africa's Modern Radio
MMD National Youth Secretary Bowman Lusambo
The opposition MMD Youths have expressed concern at the continued wrangles at Zambezi Portland Cement.
MMD National Youth Secretary Bowman Lusambo says if left unresolved, the wrangles at the Zambezi Portland cement have the potential to spill over to the rest of the nation.
Mr. Lusambo says close to 600 jobs will be at risk if the cement factory is forced to shut down and over US$ 160 million of investment will go down the drain if Zambezi Portland Cement closes and its closure would have far reaching ramifications on the country’s investment profile.
He has appealed to President Edgar Lungu to intervene in the matter as a matter of public interest citing that President Lungu must force Dr. Mahtani to relinquish his purported claim that he has a 58 per cent ownership through Finsbury Investment in the firm in order to restore sanity.
Mr. Lusambo says after the presidential intervention, it will be incumbent on the two parties to forthwith discontinue all legal processes currently underway.
He says they believe that only President Lungu will end the feud at Zambezi Portland Cement and help safeguard the economy of Ndola in particular and Zambia in general.
Mr. Lusambo further states that they are interested to see to it that operations at Zambezi are restored and production continues without any confusion.