Zambia – Sector.Africa

MONEY, PEOPLE & POWER: The 10 bank CEOs who control 80% of Uganda’s banking sector – CEO East Africa

June 25, 2020June 25, 2020 Sector.Africa AdministratorAfrica, Agriculture, Bank, Bank of Baroda, Banks, Billboard, books, Brand, Business, Chief financial officer, Citibank Uganda, Communication, consumer, Corporate finance, Diamond, Finance, Government, Interest, Life, Loans, major, Marketing, MIT, mobile app, Money, Over, Retail, Sierra Leone, Small business, Stanbic Bank, Standard Chartered, Trade, Zambia0 comment

1. Anne Juuko Chief Executive, Stanbic Bank 2019 Asset Value: UGX6.6 trillion Market Share: 20.2 per cent Industry Rank: 1 Stanbic Bank has maintained the top spot in the banking sector ever since the acquisition of a majority stake (80per cent) in Uganda Commercial Bank (UCB) back in 2001. Getting to the top spot was the easy bit – despite the politics around the acquisition. Remaining at the top, ahead of the chasing pack is where all credit is due to the bank shareholders and management that have given the…

Africa Education

Disability Movement Asks Lungu To Make Education Free For The Differently Abled

June 18, 2020 Sector.Africa AdministratorAccessible India Campaign, article, Countries, Disability, Education, Government, Higher education, Poverty, president, Training, Zambia0 comment

Born Short Living Tall (BSLT) has written President Edgar Lungu asking that the Head of State makes education free for all people who are differently abled. BSLT Executive Director Ntalasha Chisha stated that the physically challenged have been neglected in the country. “Throughout history, people with disability have been hidden away or subjected to abuse, ignorance and prejudice by society. Up until now, significant battles have been fought for the rights of people with disabilities. This is because People with disabilities are more likely to experience poverty, live in poor…

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I did not target the entire music industry in my counsel to Gospel Artist Kings Malembe Malembe

June 15, 2020 Sector.Africa AdministratorLusambo, Music, Musicians, Outline of Zambia, Presidents of Zambia, Protest, Sankuru River, Social media, Test, University of Zambia, Zambia0 comment

Lusaka Province Minister Bowman Lusambo has clarified that he did not target the entire music industry in his counsel to Gospel Artist Kings Malembe Malembe. Mr Lusambo says it is unfortunate that his counsel to one musician he considers a brother has been mistaken to have been targeted at the entire music industry. Speaking in an interview, the Lusaka Province Minister said by advising Kings Malembe Malembe, he is not in any way infringing on anyone’s freedom of speech in Zambia. “I can choose to speak to Kings Malembe in…

Waste Management

Spending $5m on debt consultant a waste – Milupi

June 12, 2020June 14, 2020 Sector.Africa AdministratorBank, Business, Corruption, Eurobond, Eurozone, Finance, Government, Governor, India, Money, Outline of Zambia, Presidents of Zambia, World, Zambia0 comment

In an interview, Milupi said it was important for Zambia to work with its own resources given the strain on the country’s resources. “There are people in Zambia who have been governors of the Bank of Zambia, who have been ministers of finance, who have been directors in the ministry of finance, who are accountants, who are economists, who are professional engineers and so on who if called upon, you know, every time they had meetings with the IMF and World Bank and these European institutions, it was Zambians who…

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Zambia : Jean Kapata Warns Chiefs against allocation land without following correct Procedure

June 11, 2020 Sector.Africa AdministratorAfrica, Central Province, Countries, Government, Jean Kapata, Ministry of Lands and Natural Resources, Money, Presidents of Zambia, Sydney Mushanga, Zambia0 comment

Ephraim Chiluba-Lands and natural resources minister JEAN KAPATA has cautioned traditional leaders to desist from allocating land without following the correct procedure. Speaking when she addressed indunas and headmen in Chibombo central province the minister said traditional leaders are not allowed to exceed a specific limit in the allocation of land just like the mimister of land, and that anything above 1 thousand hecters can only be concerted to by the head of state. She said land issues are very sensitive and that is why both investors and traditional leaders…