Yesterday, we looked at the fact that Konkola Copper Mine is on life support, and that there is an urgent need for resources to start flowing in before we lose lives to flooding. We took time presenting the status of KCM as explained by experts. Today we would like to focus the discussion on how we can prevent this Vedanta fiasco from happening again. There are also a lot of lessons that we have to learn from this episode. 1. MAKE ECONOMIC, AND NOT POLITICAL DECISIONS. Government must never make hasty decisions when dealing with business establishments without appreciating the ramifications. The state has lost income from this asset since it was taken over and taxpayers were forced to bankroll...

This premium content is for paid ePaper subscribers.
Subscribe
Already a member? Log in here