TI-Z has noted and followed with keen interest the discourse pertaining to the royalty conversion agreement which was signed and approved by the ZCCM-IH majority of shareholders in March 2023. Information disclosed by ZCCM-IH in 2022 intimated that upon the signing and entering into this agreement, the investment holdings would forgo dividend payments in preference...Continue Reading
TI-Z is shocked by the revelation by the Anti-Corruption Commission, as reported in today’s edition of Newsdiggers, on the continued obtaining of illegal allowances by 10 employees at the Ministry of Finance, despite the arrest of senior officials from the ministry merely three months ago.We are of the view that this appalling behavior undermines the...Continue Reading
Last week, Zambia co-hosted the Summit for Democracy, jointly with Costa Rica, the Republic of Korea, and the United States of America. In the nation’s capital of Lusaka, both government and civil society organized a range of conversations diving into important issues such as electoral integrity, the role of youth and women in politics, and freedom...Continue Reading
By Sheila Masinde, Maurice Nyambe and Robert MwanyumbaFinancial secrecy in Africa is an ever-present reality as jurisdictions such as Kenya and Rwanda continue to set up and operationalise on-shore financial centres. Both operations are vague and in the case of Kenya, divulging information on the operations of the Financial Centre is met with punitive sanctions[1] making...Continue Reading