The National Union of Energy and Allied Workers (NESAWU) has revealed that around 58,000 workers will be thrown into the streets if government goes ahead with its intended privatisation of State Owned Enterprises.
He said the workers are demanding that ZESCO remains in the hands of the government as a strategic company for economic growth and development.
“The evils of privatising ZESCO far outweigh the benefits. We have learnt lessons from the privatisation of ZCCM and other parastatals which are paying very little mineral royalty tax and company corporate tax below what the 944,000 formal workers are paying to the treasury through Pay as You Earn (PAYE),” he said.
“Evidence is there that privatisation took bread from the mouth of poor workers. Privatisation has only worked to the advantage of investors who are reaping huge profits while failing to grow jobs and pay enough taxes to fund our developmental needs.”
He added, “The intended privatisation of state owned enterprises will throw over 58,000 workers in unemployment and poverty. According to the 2014 Labour Force Survey published by the Central Statistical Office (CSO), the electricity, gas, steam and air conditioning sector employs over 16,000 workers.”
we would like to see more professionalism, transparency and no political interference in the way ZESCO is managed on issues such as earnings from its power exports.
He stated that throwing 58,000 jobs contradicts government’s policy of creating 100,000 jobs by the year 2017 and 1 million jobs by 2021.
• “How much is ZESCO earning from its optic fibre cable which is being used by companies such as commercial banks, Airtel, MTN, ZAMTEL and government institutions?
• How much is ZESCO owed by government institutions in electricity bills such as police, the army, water utility companies, government ministries, office of the President, education sector and government institutions?”
• “How much are contractors siphoning from ZESCO on security, construction and cleaning when the company has its own staff to do this kind of work?
Mr Musawu said the Industrial Development Corporation should not be used to kill companies but to create more companies and quality jobs through economic diversification.