ZRA Telecom optimistic unveilsof meeting cyber revenue security MFEZ collection unit industrialtarget yards on course By

Building Society empowers 25,000 families Bank of Zambia (BoZ) should revisit upwards the monetary policy rate in the next sitting to counter the rising inflation currently at By

income brackets,” Mr Kabwe said.

He said ZNBS had earned over K76 million from transactions made through the new mobile banking platform launched in 2019.

Since the enhancement BUUMBA CHIMBULU Without first arresting and the roll-out high of rate the of new inflation, the

one unit to address growing OVER 25,000 growth THE families Zambia rate have in Revenue 2021 will mobile be Authority as banking subdued (ZRA) platform, as is yards it was in in the LS- LIQUID Telecom has un- By BUUMBA concerns. CHIMBULU benefited from 2020, optimistic affordable warns that Bridges it will over Limited achieve 166,000 Managing its transactions 2021 Consultant, set Works are going

veiled a cyber security unit “Although we’re unveiling mortgage financing Chibamba revenue in target the Kanyama. of CONSTRUCTION K59.3 had billion, been recorded banking of from and on the contractor

which offers end-to-end the cyber security unit to- last 50 years favourable with The the rising Zambia copper inflation, industrial prices customers if not and yards checked, actualisation translating in the could on in destroy site. of

managed services for digital day, Liquid Telecom is not National economic initiatives Society contained Lusaka transaction in the South Economic Multi- value of Recovery more “Once than that

confidence. security Building solutions. new to this space. We have

Programme. Mr Kanyama explained Facility Economic that much as it done, would we not will

Transparency vital in (ZNBS) The mortgage offering The new target comes K76 after million. ZRA collected K57.7

is portfolio designed successfully secured our be a favourable intervention Zone (LS-MFEZ) to raise the monetary to see SMEs hitting to protect K251 policy million billion rate net gross, revenue given the that in 2020 industry This following development, was just Government’s beginning the Mr zone and

customers at ev- own network for the past 15

which years, will and boost now local through our

managing risks - expert

ery intersection of their dig- institution has to revision said. respond, of its the tax real participation revenue problem Kabwe projection said, affecting in the gave downwards investment the from there,” Mr

itally transformed business strategic partnerships with

“The society currently from has K59.0 over and billion. the in future area society is was expected inflation. impetus to to roll said. out

including network, people, Netskope, Logicalis, Micro- By years grown its ZRA He mortgage stressed Commissioner that be it completed a General, was revamped, ideal Kingsley in to robust revisit the Chanda, and He also observed

and systems, revolutionising soft and Cyber Risk Aware, portfolio how cyber through upwards however security partnerships the expressed is monetary ap- next optimism convenience we 12 policy months. have rate that curated given mobile much the as the banking the non- need to increase

best volatility of the operating 2021 environment target would of industry be Participation harder to to several in achieve the measures industry due incentives to put to

and proached. recapitalisation responsiveness from platform. solutions to

has increased despite an improvement in risk

in contraction place in 2020. in the of economy, local address investors it was the still changing possible willing to invest practices across Government,” most This public is according sector ZNBS Institutions board to Liquid “As we step into the de-

the digital zone. Mr over time. actualise The monetary the set in revenue policy the mands,” economic rate target. stands Mr Behr at eight said. percent, chairman Telecom Gregory Group Kabwe Chief Digi- zone space is currently and announce expressed the new concern

tal Officer, the David Mr lowest Chanda’s Behr, since in optimism 2012. a He was said based this on would the price allow

said. surge that Zambia

“Aside for copper from an low prices effective due ZNBS, observed to, monetary we among will towards be policy able the to rate, offer I do

statement in Lusaka yester- customers to focus on their

Mr Kabwe competition on the from

not end said see of the 2020 inflation which rate other would coming more reasons, positively services down the before impact that include June 2021

day. core business offering while

minimum internet collection. investment countries agency such mortgage portfolio when economy the in 2014 new and crop revenue comes Liquid into banking the market. and

Mr Behr explained that Telecom manages

of the US$500,000 banking optimism which on which Rwanda, Kenya, grew cyber to security K143 million He “We was also also a from real banked have K65 and additional their complete fears of the are a IT actualisation new now environ- wave ready of

some in the locals Economic say is Recovery Egypt, South million imminent after the Covid-19 of threat initiatives society to that was set busi- may out once to ment. be again rolled have out,” an Mr impact Kabwe on

prohibitive. would support a macroeconomic Mozambique recapitalised nesses and both Programme by their Government. imported end-users, which and locally said. produced He said the products,” next few Mr

Mr Behr noted that while

LS-MFEZ to revenue Business collection. Zimbabwe that as He highlighted said yesterday Kanyama environment by the in said favourable in response years to would a press be characterised query.

survey many African companies al-

Development better incentives. commissioned Mr He Chanda in observed August said that this one yesterday of the problems in Lusaka Zambia during

ready had some level of pro-

Lusaka at a press Mr Kunda

the press briefing briefing the Manager, on by the more performance Francis expansion of of the the ZRA in 2020 by Liquid was Telecom. facing was to tection, liquidity this into safeguard the system minimum may

Kunda, pump mortgage portfolio business. said Mr Kabwe said US$

2020 and for ZNBS the prospects not for be 2021. designed to protect He said mainly the Information through the construction BoZ Covid-19 works relief of package 000 investment was Technology at K251 million “There (IT) gross. are decision however particular an a number organisation attention of factors at would every that may lev- be

without corresponding the industrial measures yards to counter investors the to qualify makers “This enabled across inflationary adversely us Africa to conduct affect impact. were revenue to the collection delivery in of 2021. affordable The

el of its operation.

were currently on available incentives the asked first-ever for sudden women’s insights The BoZ resurgence on in April cy- 2020 and housing evolution set up and a housing K10 of the billion Covid-19 was finance, a limiting

course. mortgage ber security promotion targeted poses a in threat medium-term 2015 to the Mr harnessing attainment Kunda refinancing Although of digitisation, projected we’re real

trends, with 57

facility local aimed businesses. per cent of Gross to cushioning disburse Domestic the Product explained adverse strengthening growth effects that unveiling the with its attainment the cy-

those surveyed and managed at of product Covid-19 however design said mortgages stating that to businesses disruptions over there a 100 was for to supply onward industrial and chains lending customer yards, due through to service, national commercial had among been lobbying

an ber security unit increase in lockdown,” threats over he the said. once completed, today, Liquid Tel- women in low banks. to middle others. its parent Ministry COVID-19 pandemic On Mr ZRA’s Kanyama 2020 however would performance, boost said ecom this Mr had Chanda is contributed not said new to

period.

local Commerce Trade Mr Behr high revenue said inflation collection as the participation was money to a difficult this being space. undertaking disbursed We have through due

while many

in the Industry which employees the to across unfavourable facility was not economic from circulating conditions zones. funds that but talking prevailed most to Ministry

the conti- successfully secured nent were returning during to work, our own network Finance for to improve

likely from the created year. cash He explained that had in been pumped into organisations He are embracing the fiscal the past announced 15 years, incentives. by and

the system. said an incentives interview that a hybrid model Government of digital to and contain now the spread through of Covid-19 our stra- “For and investors

He explained the that segmentation industrial other countries yards which with similar allowed it onsite working. put the economy would on to the tegic take road time partnerships to recovery to understand also qualify, with had one the a has

relief packages pumped enable money small into the system He said as chilling such there short were term and effect medium Netskope, on revenue sized Logicalis, mobilisation. invest minimum “We increasing are able concerns through to seamlessly support over the towards business Microsoft consumption and and Cyber that the

and proactively come

“Despite US$500,000

in demand these was entrepreneurs negative met with expectations, an to immediate set ZRA response support security our of small rise data, and shadow medi- IT up Risk Aware, relevant solutions that

up businesses billion. This in outturn the we was have some 17.7 of the local collected industry a net which K57.7 increased output. um-scale and the enterprises financial from implica- (SME), helped curated clients to grow. percent zone. 17.8 percent the best of investors solu- GDP in that

“If inflation of GDP indeed compared is about more money chasing our tions business of a security banking 2019. breach. custom- “That tions Chingola one is in on the Mayor the industry Titus limiting Tembo to factor. ers Mr our Behr corporate after said few Liquid custom- goods, Tele- stimulus address packages the in changing industrialised you invest less “When measured table against was and happy we the have Parliament that Atlas target, Mara had

rarely breed inflationary pressures ers,” com Mr Ngondo had countries strengthened said. its this revenue collection Citizen continued demands. outturn Economic was 1.3 billion S$500, or 2.2 000 you

to maintain the big-

because there is and an immediate Empowerment match between not be more entitled He said the percent bank managed below target. gest This branch performance and ATM is highly network

money and increased Commission industrial who output. are its customers through recommendable,” a careful Mr on Chanda the Copperbelt said. Province. incentives,” Mr

constructing industrial said.