ACTING Minister of Energy Collins Nzovu says the proposed restructuring of Zesco Limited won’t lead to job losses at the utility company. Responding to a question from Chama North PF member of parliament Yotam Mtayachalo who wanted to find out if the restructuring of Zesco would lead to job losses in the National Assembly, Tuesday, Nzovu said the exercise would actually lead to the improvement of the company’s financial performance. “The proposed restructure to Zesco will not lead to job losses at the power utility company. The restructuring of Zesco limited will be to improve its operations, its autonomy, and its efficiency, and to ensure that the company’s long term financial sustainability is achieved. The restructuring will lead to the...

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