THE Industrial Development Corporation (IDC) says there are no plans to unbundle or privatise Zesco. In an interview, IDC chief executive officer Mateyo Kaluba explained that the advert placed in the Zambia Daily Mail was meant to invite expressions of interest from local and international experts for a study to develop options for restructuring Zesco. “There are no plans to unbundle ZESCO. The advert in the Daily Mail was to get expressions of interest (EOI) from local and international experts for a study to develop options for restructuring ZESCO structurally and financially towards sustainability and profitability. The experts are expected to review all options which would then be submitted to government for consideration and decision,” Kaluba explained. “Therefore the advert...

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