By Own Correspondent| Speaker of the House of Assembly, Jacob Mudenda has urged the public and parliamentarians to hold the government accountable over the implementation of the so-called mega-deals signed with foreign investors.
Mudenda bemoaned the lack of implementation of these deals citing Ziscosteel as an example which was supposed to be revived by a Chinese firm R and F but was not.
Signed a few years ago, the deal entailed a Chinese firm investing $1 billion for the revival of Ziscosteel.
“Let us fight the disease of inertia. We signed an agreement that Zisco should be rehabilitated, the implementation period is anathema to the economic (revival).
If Zisco does not arise, the industrialisation in terms of steel trade will not happen.”-Newsday