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Joined July 2009
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$PSC Country Manager Mwelwa Manda sat down with @FinInsightZam to discuss our recently upgraded Mineral Resource Estimate at the Mumbezhi #Copper Project in Zambia. Watch the full interview here: bit.ly/4vtm8oE
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๐—ญ๐—ถ๐—บ๐—ฏ๐—ฎ๐—ฏ๐˜„๐—ฒ -๐—ญ๐—ฎ๐—บ๐—ฏ๐—ถ๐—ฎ ๐—˜๐—ป๐—ฒ๐—ฟ๐—ด๐˜† ๐—ฃ๐—ฟ๐—ผ๐—ท๐—ฒ๐—ฐ๐˜ ๐—ฆ๐˜‚๐—บ๐—บ๐—ถ๐˜ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ | ๐—ฅ๐—ฎ๐—ฑ๐—ถ๐˜€๐˜€๐—ผ๐—ป ๐—•๐—น๐˜‚ ๐—›๐—ผ๐˜๐—ฒ๐—น | ๐—™๐—œ ๐— ๐—ฒ๐—ฑ๐—ถ๐—ฎ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ As we prepare for the Zimbabwe-Zambia Energy Project Summit 2026, here is what Ms Kusobile Kamwambi, Head of the Presidential Delivery Unit (PDU) Zambia, had to say during a sit-down interview at the Zimbabwe-Zambia Energy Project Summit 2025, which was held in Zambia last November. In this insightful conversation, Praise Ngulube sits down with Ms Kamwambi to discuss Zambiaโ€™s evolving energy landscape, the role of the Presidential Delivery Unit in fast-tracking strategic national projects, and the reforms shaping the countryโ€™s energy future. She also highlights the importance of regional collaboration, investment, and shared solutions in driving sustainable energy development across Zambia and Zimbabwe. Donโ€™t miss this conversation as we count down to Zimbabwe- Zambia Energy Project Summit 2026. #ZimZam2025 #Mines&Energy #Investment #MediaMachine #Financialinsight #Get2Know
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Hear from the Director of the International Labour Organization, ILO Country Office for Nigeria, Ghana, Liberia, and Sierra Leone, Dr. Vanessa Phala-Moyo at the Africa Safety Congress. The countdown is on! Nominations for the leading and most prestigious HSSE Awards on the continent, AfriSAFE Awardsโ€”are still open, but the deadline is fast approaching. Don't miss the opportunity to recognize outstanding individuals and organizations making a difference in safety, health, and wellbeing across Africa. Nominate now at afrisafe.org and be part of celebrating excellence in workplace safety and health. Nominations close soon. Submit your nomination today! Afrisafe 2026 - Accra Ghana, November 5&6 @HSENations
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๐—–๐—˜๐—– ๐—จ๐—ก๐—–๐—Ÿ๐—”๐—œ๐— ๐—˜๐—— ๐——๐—œ๐—ฉ๐—œ๐——๐—˜๐—ก๐—— Many investors purchase shares but never fully understand what happens after they invest, especially when it comes to receiving and claiming dividends. Through the CEC Unclaimed Dividend Campaign, Financial Insight, in partnership with Copperbelt Energy Corporation Plc and Corpserve Zambia, is helping investors understand their shareholding structures, the dividend payment process, and the steps required to claim any unclaimed dividends. Over the coming weeks, Mr. Mwelwa Kenneth Chibesakunda MBA, CEO of Financial Insight, will engage with industry experts and executives to unpack the key information every shareholder needs to know. The campaign aims to promote investor awareness, encourage active participation in the capital markets, and ensure that shareholders receive the benefits they are entitled to. Stay tuned for practical insights and expert guidance on how to trace and claim your unclaimed dividends. Lusaka Securities Exchange Plc #CEC #Corpserve #LuSE #MediaMachine #Financialinsight #Get2Know
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PUBLIC NOTICE PUBLIC WORKERS HIGH LOAN DELINQUENCIES The @BankofZambia has observed, with concern, the elevated ratio of non-performing loans associated with public workers. This highlights the growing risks associated with payroll based lending, particularly arising from practices that deliberately or calculatedly circumvent prescribed debt service ratio (DSR) and affordability requirements of lending institutions. Recent financial stability assessments have revealed increasing incidences of some public workers obtaining credit not based on the payroll (off-payroll credit). Such credit is often beyond permissible limits, often through misrepresentation, non disclosure of existing obligations, and multiple borrowing across institutions. In some cases, lending institutions have also been found to have weak or non compliant credit underwriting practices, including inconsistent use of the Credit Reference Bureau (CRB), or disregard of data from the Bureau altogether. The Bank wishes to remind regulated lending institutions, employees and payroll administrators, that compliance with DSR and affordability standards, and consistent use of CRB is mandatory. This is on the basis that these tools form part of a critical safeguard for responsible lending, consumer protection, prudent credit underwriting, and financial stability. All regulated lending institutions are, therefore, hereby directed to strictly adhere to debt service ratio limits and adopt responsible lending practices. Payroll administrators should strengthen internal payroll controls and recovery mechanisms, and take appropriate remedial or disciplinary measures where abuse of payroll based deduction arrangements is identified The Bank of Zambia shall continue to monitor compliance with the Banking and Financial Services Act (Provision of Credit Data and Utilisation of Credit Reference Services) Directive of 2020 by regulated entities, off payroll and payroll based lending practices and will take all necessary measures to ensure compliance with applicable laws and prudential standards. OFFICIAL SNOTICE BELOW
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Public-private partnerships are vital for infrastructure, but impact is amplified with smaller, distributed projects. Instead of one developer for 2,000 student accommodations, empowering 10 developers for 200 each mitigates risk and fosters broader growth.
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๐—™๐—ถ ๐—ค๐—จ๐—œ๐—–๐—ž ๐—ง๐—”๐—ž๐—˜ โ€œDigital transformation is not only about technology. It's about connecting people, businesses, and Africa's potential.โ€ โ€“ Ms. Aya Hesham, Group Sales Manager, Lusaka Telecom Solutions (LTS) Group ๐Ÿ“บ Coming Soon #FinancialInsight #Get2Know
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๐๐€๐๐’๐€ ๐‚๐‹๐€๐‘๐ˆ๐…๐ˆ๐„๐’ ๐“๐‡๐„ ๐‹๐”๐’๐€๐Š๐€โ€“๐๐ƒ๐Ž๐‹๐€ ๐‘๐Ž๐€๐ƒ ๐๐‘๐Ž๐‰๐„๐‚๐“ ๐…๐ˆ๐๐€๐๐‚๐ˆ๐๐† ๐€๐‘๐‘๐€๐๐†๐„๐Œ๐„๐๐“ NAPSA has clarified that its participation in the Lusakaโ€“Ndola Dual Carriageway Project was independently approved after assessing the project's collateral and loan recovery mechanisms, dismissing claims that it was directed by Government to finance the project. The Authority committed US$300 million as part of a US$650 million financing package at an interest rate of 9.5% per annum. The facility is structured over 13 years, comprising a 3-year construction moratorium followed by a 10-year repayment period for principal and interest. Under the agreed security framework, revenues from allocated toll gates and other designated sources are deposited into an escrow account, with NAPSA enjoying first right of repayment as a senior lender. The investment is expected to generate more than US$220 million in interest income over its lifetime, with US$5.9 million already received from initial loan disbursements. FULL DETAILS IN THE ATTACHED STATEMENT.
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๐—Ÿ๐˜‚๐˜€๐—ฎ๐—ธ๐—ฎ ๐—ง๐—ฒ๐—น๐—ฒ๐—ฐ๐—ผ๐—บ๐˜€ ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ (๐—Ÿ๐—ง๐—ฆ) ๐—š๐—ฟ๐—ผ๐˜‚๐—ฝ | ๐—˜๐˜…๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐˜ƒ๐—ฒ ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„๐˜€ | ๐—™๐—œ ๐— ๐—ฒ๐—ฑ๐—ถ๐—ฎ How does a Zambian telecommunications company evolve into a trusted multinational infrastructure partner delivering transformative projects across Africa and beyond? In this exclusive Financial Insight conversation, CEO of Financial Insight, Mr Mwelwa Kenneth Chibesakunda MBA, sits down with Ms Aya Hesham, Group Sales Manager at Lusaka Telecom Solutions LTS Group, to discuss the companyโ€™s remarkable growth journey, its expanding international footprint, and its role in shaping Africaโ€™s digital future. Established in 2015, LTS Group has grown from a local telecom solutions provider into a leading infrastructure and technology partner operating across multiple countries, including Kenya, Egypt, the Democratic Republic of Congo, Malawi, Mozambique, Tunisia, Kuwait and several other markets. Throughout this journey, the company has remained committed to delivering innovative, reliable and customer-focused solutions that address the evolving needs of businesses, governments, mining operations and communities. During the interview, Ms Hesham shares insights into the key drivers behind the companyโ€™s expansion, highlighting the importance of strategic partnerships, operational excellence, technical expertise and a strong commitment to customer success. She also outlines the broad range of solutions offered by LTS Group, spanning fibre optic deployment, telecom infrastructure, tower construction, ICT systems, power solutions and digital transformation projects that are helping organisations modernise and grow. The discussion further explores the critical role infrastructure plays in enabling economic development, improving connectivity and accelerating digital inclusion across Africa. Ms Hesham explains how large-scale infrastructure investments are creating opportunities for businesses, strengthening industries and connecting communities through technology-driven solutions. As LTS Group continues to expand into new markets and sectors, the company remains focused on building long-term partnerships founded on trust, innovation and shared success. With a vision centred on delivering world-class infrastructure solutions, LTS is positioning itself as a key contributor to Africaโ€™s digital transformation agenda and the development of resilient, future-ready networks. Watch the full interview as Mr. Mwelwa Chibesakunda and Ms. Aya Hesham discuss the past, present and future of LTS Group, and how the company is helping build the infrastructure that powers growth, connectivity and opportunity across Africa and beyond. Link to the full interview on YouTube: lnkd.in/d3uVsByn #DigitalTransformation #AfricaInfrastructure #TelecomInnovation #MediaMachine #Financialinsight #Get2Know
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ZAMBIA ANNOUNCES EARLY RESULTS FROM THE CASH TENDER OFFER FOR THE OUTSTANDING US$1.36 BILLION BOND BUY BACK Lusaka โ€“ The Republic of Zambia has announced strong early results from the cash tender offer for the outstanding US$1.365 billion Fixed Rate Step-Up Amortising Notes due 2053. The offer, launched on 29th May, 2026, invited eligible bondholders to sell their notes back to the government before maturity, subject to financing conditions being met. The announcement was made on the London Stock Exchange londonstockexchange.com/newsโ€ฆ (This announcement must be read in conjunction with the Tender Offer Memorandum). By the Early Participation Deadline of 9th June, 2026, we had received valid tenders totaling US$1.335 billion, representing 97.85% of the total outstanding notes, demonstrating broad investor participation and support for the liability management exercise. The transaction forms part of Zambiaโ€™s broader debt management and restructuring efforts aimed at improving debt sustainability and reducing long-term obligations. Issued by: (Original Signed) Office of the Secretary to the Treasury Ministry of Finance and National Planning.
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๐™๐š๐ฆ๐›๐ข๐š ๐๐ž๐š๐ซ๐ฌ ๐…๐ฎ๐ฅ๐ฅ ๐๐ฎ๐ฒ๐›๐š๐œ๐ค ๐จ๐Ÿ ๐‘๐ž๐ฐ๐จ๐ซ๐ค๐ž๐ ๐„๐ฎ๐ซ๐จ๐›๐จ๐ง๐ ๐š๐ฌ ๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐จ๐ซ๐ฌ ๐‘๐ฎ๐ฌ๐ก ๐ญ๐จ ๐“๐ž๐ง๐๐ž๐ซ In a development announced in London, Zambia has secured an overwhelming response to its tender offer for its restructured 2053 Eurobond, with investors tendering US$1.34 billion worth of notes, representing 97.85% of the outstanding amount. The buyback forms part of Zambia's ongoing debt management strategy and is being funded through new financing arrangements. The strong participation signals growing investor confidence in Zambia's credit story following its debt restructuring. Once the transaction settles, the government expects to redeem the small balance of remaining notes through a clean-up call, effectively retiring the entire bond issue. The offer values the notes at approximately US$828.68 per US$1,000 principal amount, excluding accrued interest, with settlement expected from mid-June. The near-complete tender marks another significant milestone in Zambia's post-restructuring debt strategy, simplifying its external debt profile while demonstrating strong investor engagement in international capital markets. #Debtmanagement #Eurobond #FiscalPolicy #FinancialInsight #Get2Know
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โ€œBuilding infrastructure is not just about technology. It's about enhancing people's lives, enabling small businesses to grow, and connecting communities.โ€ โ€“ Ms. Aya Hesham, Group Sales Manager, Lusaka Telecom Solutions (LTS) Group ๐Ÿ“บ Coming Soon
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๐—™๐—œ ๐—˜๐—ซ๐—–๐—Ÿ๐—จ๐—ฆ๐—œ๐—ฉ๐—˜ | ๐—”๐—™๐—ฅ๐—œ๐—–๐—” ๐—œ๐— ๐—ฃ๐—”๐—–๐—ง ๐—ฆ๐—จ๐— ๐— ๐—œ๐—ง ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ Mainstage Panel: Why Impact Management & Monitoring Systems Matter How can impact funds build monitoring and management systems that satisfy investor expectations while remaining practical for the businesses they support? Join Mr. Yugen Pillay, Impact Measurement and Management (IMM) Specialist at the UNDP timbuktoo Africa Initiative, alongside fellow industry leaders, for a thought-provoking discussion on why effective Impact Management and Monitoring Systems matter and how they can drive better outcomes for investors and portfolio companies alike. Stay tuned to all Financial Insight platforms for highlights and key insights from this important panel discussion. #AfricaImpactSummit2026 #SustainableDevelopment #BeyondBorders #MediaMachine #Financialinsight #Get2Know
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๐—™๐—œ ๐—˜๐—ซ๐—–๐—Ÿ๐—จ๐—ฆ๐—œ๐—ฉ๐—˜ | ๐—”๐—™๐—ฅ๐—œ๐—–๐—” ๐—œ๐— ๐—ฃ๐—”๐—–๐—ง ๐—ฆ๐—จ๐— ๐— ๐—œ๐—ง ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ Africaโ€™s vast green mineral resources present a unique opportunity to drive industrialisation, create jobs and position the continent as a key player in the global energy transition. In an exclusive conversation with Financial Insight , Mrs. Botho Keba Bayendi, Director of Strategic Planning and Delivery at Africa Union Commission, shares his perspective on what Africaโ€™s green minerals movement means for the continent and why this moment is critical for shaping Africaโ€™s economic future. Mrs. Bayendi explores the value of bringing investors, innovators and policymakers together under one roof, highlighting how platforms such as the Africa Impact Summit create opportunities for collaboration, partnerships and action that complement formal intergovernmental processes. She also discusses his vision for Africaโ€™s role in the global green transition over the next decade and the steps African startups can take to harness emerging opportunities, drive innovation and contribute to the continentโ€™s long-term growth and competitiveness. Stay tuned to Financial Insightโ€™s platforms for the full exclusive interview with Mrs. Botho Bayendi from the Africa Impact Summit 2026. #AfricaImpactSummit2026 #SustainableDevelopment #BeyondBorders #MediaMachine #Financialinsight #Get2Know
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๐—™๐—œ ๐—˜๐—ซ๐—–๐—Ÿ๐—จ๐—ฆ๐—œ๐—ฉ๐—˜ | ๐—”๐—™๐—ฅ๐—œ๐—–๐—” ๐—œ๐— ๐—ฃ๐—”๐—–๐—ง ๐—ฆ๐—จ๐— ๐— ๐—œ๐—ง ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ As a Knowledge Partner at the Africa Impact Summit 2026, Ms. Tracy Okoro Isaac, Mobilization and Research Specialist at the United Nations Development Programme (UNDP) timbuktoo Policy Implementation Unit, shares why platforms like this are critical for accelerating Africaโ€™s development agenda. In an exclusive conversation with Financial Insight, Ms. Okoro Isaac discusses the urgency of strengthening policy dialogue across the continent, the importance of opening Africaโ€™s markets to trade, capital and people, and how meaningful collaboration between policymakers, investors, entrepreneurs and development partners can help unlock sustainable growth. She also reflects on timbuktoo Africaโ€™s policy session, Beyond Borders: If We Mean It , Opening Africaโ€™s Markets to Trade, Capital and People, highlighting the conversations needed to move from ambition to implementation and create a more integrated African economy. Stay tuned to Financial Insightโ€™s platforms for the full exclusive interview with Ms. Tracy Okoro Isaac from the Africa Impact Summit 2026. #AfricaImpactSummit2026 #SustainableDevelopment #BeyondBorders #MediaMachine #Financialinsight #Get2Know
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๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎ ๐—œ๐—บ๐—ฝ๐—ฎ๐—ฐ๐˜ ๐—ฆ๐˜‚๐—บ๐—บ๐—ถ๐˜ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ| ๐—™๐—œ ๐— ๐—ฒ๐—ฑ๐—ถ๐—ฎ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ | ๐—Ÿ๐˜‚๐˜€๐—ฎ๐—ธ๐—ฎ, ๐—ญ๐—ฎ๐—บ๐—ฏ๐—ถ๐—ฎ Day 1 of the AfricaImpactSummit2026 has officially opened in Lusaka, with a powerful call to action from Dr James Wakiaga, UNDP Resident Representative. In his opening remarks, Dr Wakiaga challenged stakeholders to rethink the way impact is measured, emphasizing that the conversation should move beyond how much capital is invested to focus on what changes because of that investment, who benefits, and how those outcomes are sustained and measured. His message set the tone for the Summitโ€™s discussions on impact investing, innovation, and sustainable development, reminding delegates that meaningful progress is ultimately defined by the lives transformed and opportunities created. #AfricaImpactSummit2026 #SustainableDevelopment #BeyondBorders #MediaMachine #Financialinsight #Get2Know
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