Zamtel

  • Africa & World

    Hichilema fires Cabinet Secretary, dissolves 5 parastatal boards

    ZAMBIAN President Hakainde Hichilema has, with immediate effect, dismissed the secretary to the cabinet Simon Miti and dissolved boards of ZESCO Limited, Zambia Railways, Indeni Petroleum Refinery Company, and ZAMTEL. According to the press statement issued to the media Tuesday evening by the Lusaka State House, Hichilema has since appointed the Deputy Secretary to the Cabinet for Administration Patrick Kangwa…

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  • Africa & World

    Libyan firm threatens to seize Zambian assets over US$380m debt

    Libyan telecoms investor LAP GreenN is threatening to seize Zambia’s international assets because it says the government owes it US$380 million. The debt dates back to Zambia’s nationalisation of Zamtel in 2012, a year after LAP GreenN bought the company from the previous administration for $257 million. Faisel Gergab, Chairman of the Libyan Post Telecommunications and Information Technology Company, a…

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